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The US Economy has done extremely well since 1776. We were the land of opportunity where people would come from all over the world to start businesses and enterprises and break into the middle class and many would later become rich and wealthy. However during that period there were many booms and busts in the economy, some led to a recession, some led to a depression. This crash I believe will be worse than almost any crash we have seen in our 250+ year history.
The america we once knew is gone, we are witnessing the entire labor and workforce quit and no one wants to work anymore. We are witnessing sky high food and labor costs, we are witnessing sky high rent prices and rising insurance rates as well as gas prices. Everything is going up except our production as a whole. We produce less yet demand much much more. We are seeing countries like India, Russia, China and UAE build tight relationships and those countries as a whole hold half of the global population and most of the global exports.
We are watching America die and are watching the rise of other countries. In this great transformation we will see our living standards greatly change and most people don’t realize what is coming.