"15 Facts That Prove That America Is In Deep, Deep Trouble"

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"15 Facts That Prove That America 

Is In Deep, Deep Trouble"

by Epic Economist

"Everywhere we look, we find more indications that the United States is in a lot of trouble. America's domestic supply chains have been broken, and disruptions continue to pile on, causing more shortages and exacerbating price increases all over the nation. Our system has never been so vulnerable to external interruptions, and experts say the U.S. is extremely vulnerable to cyberattacks at a time nearly all services and operations that make the economy run are heavily dependent on technology. With consumer prices over 8% higher than a year ago, growing affordability constraints are putting immense pressure on the finances of millions of American families, while household incomes remain stagnant. Despite Fed policies to tame inflation, consumer prices are going to remain elevated this year due to elevated due to the soaring costs of housing, energy, and food as the global commodity market faces shortages of energy supplies, raw materials, fertilizers, grains, and semiconductors.

To make things worse, our financial markets are starting to falter, with the stock market recording billions in losses week after week, and the housing market bubble on the verge of another disastrous burst. All of that is occurring at the same time as our geopolitical conflicts with other major economies continues to escalate. Many more problems continue to emerge with each passing day, and the things we just mentioned are not even half of the story. Wildfires, hurricanes, tornadoes, winter storms, and heatwaves were among the 20 weather and climate disasters the United States has faced over the past 12 months. Those extreme weather events have resulted in $145 billion in damages in 2021 and victimized 688 people. Such disasters are becoming more frequent with each passing year, and it is being it is estimated that more than 100 million people in the U.S. will experience temperatures that are 20 to 30 degrees above average this summer.

On top of everything we’ve already mentioned, shall we add a diesel fuel shortage and a nationwide electricity shortage to the equation? We’re actually being warned that energy supplies are rapidly dwindling in America, and a shocking diesel shortage could begin this summer. That's why in today's video, we brought you a compilation of stats, forecasts and updated numbers about the issues our country is currently facing and the challenges we are about to face in the months ahead."

- https://www.epiceconomist.com/