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"15 Facts Which Prove That A Massive Economic
Meltdown Is Already Happening Right Now"
by Epic Economist
"Economic conditions just keep getting worse. As we prepare to enter 2023, we find ourselves in a high inflation environment at the same time that economic activity is really slowing down. And just like we witnessed in 2008, employers are conducting mass layoffs as a horrifying housing crash sweeps across the nation. Those that have been waiting for the U.S. economy to implode can stop waiting, because an economic implosion has officially arrived. The following are 15 facts that prove that a massive economic meltdown is already happening right now.
Our system of government has failed time after time, and our politicians continue to spend money on some of the most ridiculous things imaginable. No matter who we send to Washington, the story remains the same. As long as our politicians are borrowing and spending trillions of dollars that we do not have, Fed officials won’t be able to win their war against inflation.
The Fed can send interest rates into the stratosphere, but inflation will continue to remain high because our politicians insist on showering the nation with giant mountains of cash. We should all be deeply, deeply offended by what is happening, but most Americans simply do not know enough to care.
But once economic conditions get even worse than they were in 2008 and 2009, the majority of the U.S. population will become extremely angry. Of course things could have turned out much differently if we had made better decisions during the years leading up to this crisis. Unfortunately, we have run out of time to change course, and that means that a tremendous amount of pain is ahead for all of us."
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