It’s never easy to find accurate information when it comes to the U.S. economy. The Drudge Report recently featured a headline that proclaimed “American Dream is Back; 82% Have ‘Achieved’ or are ‘On Way to Achieving’.” Yet on the very same day an alternative news site was running this headline: “78% of U.S. Workers are Living ‘Paycheck to Paycheck’ and 71% of Them are in Debt.” So which is it? The second headline is more accurate. The stock market continues to boom except for the notable drop in early February that may or may not be the beginning of a bear market. And a bear market will quickly wipe out a lot of the increased “wealth” of the top 20 percent. On the other hand, the “official” unemployment rate is now well below 5%, while some non-establishment sites still claim it’s as high as 25%. The “official” government rate is likely now closer to the truth, as in many urban and suburban areas there are jobs available everywhere. Most are low paying, but nonetheless there are more jobs than people to fill them. . . . . . . . . . . . . Medical-related fields in an aging country, and Information Technology (IT) are the two “industries” creating the new wealth in and around many cities. But it’s a much different story in Rural America. The small towns used to have factories, and/or lots of family farms but now have nothing; family farms around the country have largely been turned into housing plans or consolidated into large corporate farms. Factories and family farms don’t have a place in Amerika 2.0 and small businesses rarely have a chance against the mega-chains, to the extent they still exist in rural areas. Being overwhelmingly White also works against small towns as The Great Replacement intends for Whites to be a small, hated minority. Gentrification of large cities is being used to lure back young professionals, who tend to be leftists, and retirement age people with money. The big cities are being designed now as 24/7 surveillance hubs. It’s a partnership of wealthy urban neighborhoods and well-off suburbs, to the detriment of everyone else. The rural areas will more and more be run by the federal government, much as most of the Western U.S. is now. Small town Whites and working class Whites have no present or future in the U.S. . . . . . . . . . . . . . . Almost all of the trillions of fiat dollars created out of thin air by computer entries since the financial crisis of 2008 have been dumped into the stock market. And the bull market has only gotten stronger, much stronger, since Donald Trump won the 2016 presidential election, and the corporate tax cuts that are part of the President’s tax cuts should keep it going. Corporate America continues to make record profits, much of it through “free trade” and automation, the replacement of people with machines and robots. The continued economic disenfranchisement of the working class is very good for business. . . . . . . . . . Many people used to believe precious metals were the way to go as far as investing, but it’s going on seven years since silver and gold were crushed and that market is so manipulated that it’s unlikely to bounce back any time soon, as high precious metals prices correspond to a lack of faith in the system, and the powers that be want to keep the status quo – and thus their surface level legitimacy — going at all costs. If there’s a way to smash bitcoin and its smaller competitors, expect it to happen. Bitcoin should only be a modest part of a prudent investment portfolio. Many people who “stacked” silver for years while ignoring the stock market have been left in the dust, some of them ruined. Of course, there are still plenty of pro-silver and gold sites and newsletters still claiming that any day now, silver and gold prices are going to “shoot to the moon.” It will take a true stampede away from a strong bear market for precious metals to break through the narrow range they’ve been in for going on seven years now, since silver was hammered in May of 2011 after it neared $50 an ounce . . . . . . . . . . . . Some believe the recent stock market jitters are a deliberate move by the deep state in its continuing war against Donald Trump. Thing is, the very rich 1%, and the 25% of Americans who are also doing very well, are generating most of their increasing wealth, tenuous as it may be, from the stock market, so if the market is deliberately driven significantly lower it will hurt the pro-Hillary types more than the average Trump-supporting “deplorable,” who is less likely to have lots of money in the market. . . . . . . . . . .
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