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'Warned 2000 tech slide; predicted 2008 meltdown in 2007. Forecasted 2020 global economic collapse in 2011, AND NOW- BY 2050 - THE MOTHER OF ALL CRASHES"

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A #TALE OF TWO CITIES - #ECONOMICS AND #SCIENCE COLLIDE

  SURREAL ECONOMICS OR CONCRETE SCIENCE? Original Post It  was the best of times, it was the worst of times, it was the age of wisdom, it wa...

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Wednesday, September 7, 2016

Rigged Stock #Markets Won't Signal Economic Collapse





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These are the signs of an economic collapse



What does the beginning of an economic collapse look like?

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Do you see grocery stores closing? Do you see other retailers, like clothing stores and department stores, going out of business?
Are there shuttered storefronts along your Main Street shopping district, where you bought a tool from the hardware store or dropped off your dry cleaning or bought fruits and vegetables?
Are you making as much money annually as you did 10 years ago?
Do you see homes in neighborhoods becoming run down as the residents either were foreclosed upon, or the owner lost his or her job so he or she can’t afford to cut the grass or paint the house?
Did that same house where the Joneses once lived now become a rental property, where new people come to live every few months?
Do you know one or two people who are looking for work? Maybe professionals, who you thought were safe in their jobs? Friday’s anemic jobs numbers tell that tale.

Did your high school buddy take a job at the local convenience store because he could not find work in sales?

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