Dear Anxious & Worried American Citizen,
I am writing you today to warn you about the state of our economy & the current state of our country.
The United States of America is currently experiencing unprecedented events that have never been experienced in the history of our country.
These events have been ongoing, and it does not seem like it will get better anytime soon, only worse…
So I urge you to read through the entirety of this warning and start becoming more aware of what’s going on around you and more prepared so you don’t walk around like a mindless sheep.
So without further ado, let’s begin.
$30 Trillion Dollars in Debt…and Rising…
The United States of America is currently $30 Trillion dollars in debt, and it’s growing larger day by day…
Spending on entitlement programs such as Medicare, Medicaid, Social Security, Unemployment Benefits, etc, are the major contributors to the national debt.
The federal government is printing money like wildfire, and spending on programs that we really don’t need or can cut back on.
To cure this debt, the government will start raising taxes. so don’t be surprised when you get a high tax bill that will have your head spinning.
And another crazy news story I read about is that the current administration is proposing to tax the wealthy a very hefty amount which I think is a very bad idea.
Congress can’t continue to raise the debt ceiling forever and kick the can down the road.
The US defaulting on its debt is not a matter of “if”, but “when”.
When we eventually default on our debt all hell will break loose in this country.
Here are some things that will definitely happen:
- The value of the dollar will collapse.
- The stock market will crash to historic lows.
- Government benefits such as Social Security will be cut off or severely reduced.
- The economy will head into a recession or worse a depression.
- Inflation will be through the roof.
- And not to mention the dollar will no longer be the world’s reserve currency.
Needless to say, it will be panic on the streets 24 hours a day!
But most Americans are not aware of this or do not really care. They are too busy doing cringey Tik Tok dances to get 15 seconds of social media fame…
But I digress.
Censorship
The next issue I want to bring up is censorship.
Our right to freedom of speech is slowly being taken away from us.
Sure, you should not say anything overtly racist or threatening on media platforms. I get that.
But platforms such as Facebook, Twitter, etc will delete your post if you say or post something that does not align with their political beliefs or agenda.
These are liberal-owned platforms and if you don’t agree with their liberal way of thinking, they will delete your post or worse delete your account.
A lot of media platforms get a kick out of suppressing your freedom of speech.
The government has major influence over the media and slowly but surely your freedom of speech is being taken away from you. The United States government is becoming totalitarian and most people don’t even realize what is happening.
Supply Chain Problems
The next issue we are dealing with is supply chain disruptions.
The USA has had very serious supply chain issues since the start of the COVID pandemic which began in early 2020.
Parts & supplies, and food aren’t reaching consumers because transport ships from foreign countries are being stalled at seaports. Also, China is shutting down factories due to persistent COVID outbreaks, so items and parts are not being made in a timely fashion. Also, there is a shortage of truck drivers to deliver these goods since a lot of them are quitting due to rough working conditions or just retiring from the industry. These are just a few issues contributing to the supply chain disruption.
So with few products on the shelves, that means the prices will rise. When supply is low & demand is high, that results in higher prices.
This is Economics 101.
With prices skyrocketing across the board due to the low supply of products, the average American citizen is left with less money in his/her pocket.
It looks like the supply chain issues we are currently experiencing are not going away anytime soon, so make sure to spend wisely on things you need, and don’t splurge unnecessarily.
The Stock Market is Crashing
The stock market is approaching bear market territory.
As of the date of this writing, the stock market has been crashing and many hard-working American’s stock portfolio has been sinking.
When you wake up in the morning and see that your stock portfolio is flashing bloody red, it can make your blood boil, give you heart palpitations, and can even bring on depression.
One of the main reasons the stock market is crashing is because the government is no longer giving out stimulus money to Americans.
A lot of Americans were sitting at home during the pandemic, opening up Robinhood accounts, and using their stimulus money to buy up stocks, most notably Gamestop.
Now that the pandemic is waning down and stimulus money has ended, people are going out and living life normally again, so they are not investing heavily in the stock market anymore, so the market is tanking with a lot of people selling off their shares.
So with that being said the market is crashing and will continue to crash.
Sure we may have some green days, but I can assure you more red days are ahead than ever.
But with the stock market crashing, and everyone is seeming to be in panic mode, now is the best time to buy.
As Warren Buffet says “Be fearful when others are greedy, be greedy when others are fearful”.
With stock prices this low, you want to participate in this firesale and buy as many cheap stocks as you can and ride the wave up because eventually the stock market will correct and rise to new heights.
Trust me, it’s a very good idea to buy stocks when they are low. That is the best and ONLY way to make a profit.
No one has ever made a profit by buying stocks when they are high and selling when they are low.
Gas Prices Are Out of Control
Let’s talk about the fuel crisis we are experiencing in 2022.
As of the writing of this warning, June 2022, AAA recorded that the national average for gas is $4.67 a gallon.
Here is a picture of gas prices at Exxon in my area. I took this pic on June 3, 2022.
In California, gas is already topping out at $6.19 a gallon!
That is totally ridiculous!
What made gas prices rise so high and so fast?
Well for one, the Russian invasion of Ukraine plays a major role.
The United States of America used to import 700,000 barrels of oil per day from Russia. That stopped when Russia invaded Ukraine and America put sanctions on Russia and banned importing oil from Russia. Banning oil imports from Russia cuts down on our oil supply, so prices are going to rise as a result.
The next issue is that America is not drilling enough. If we started more drilling of our own oil, we would not have to be so reliant on other countries.
If you are reading this in the future, I hope & pray that gas prices have come down dramatically, because a lot of hard-working Americans are feeling the pain at the pump.
In some cases, some Americans have to decide if they will put food on the table for their family or put gas in the car so they can get to their jobs.
It’s truly sad times we are living in and our government is not doing enough to lower gas prices.
I truly feel sad for the Americans that work low-wage jobs since a good portion of their paycheck is going into putting gasoline in their cars.
Misinformation & Disinformation is Rampant
Misinformation & Disinformation is everywhere you turn.
You have one news outlet telling you the sky is blue, and another media outlet telling you it’s magenta purple.
The average American doesn’t know where to turn to get reliable information. The ones “in the know” turn to the internet and follow independent media platforms that are not biased towards a specific political agenda.
Thank God for the Internet.
These independent news platforms share the truth with their viewers and are not swayed by the government, politics, or advertisers.
Independent media platforms have the ability to wake the American people out of their deep slumber and get them to think for themselves.
Americans are On Edge
Americans are on edge all day & every day.
Road rage incidents are becoming the norm. People are getting into fist fights on airplanes, people are screaming racial slurs at minorities constantly, mass shootings have increased dramatically (it feels like every other week there is a new mass shooting), and civil unrest is flaring up in major cities. These are just a few of the many problems Americans face every day.
No one respects their fellow American anymore…
No one wants to be civil…
Needless to say, no one trusts one another and to be honest this is fair.
You never know when someone is going to “snap” and start raining hellfire because they are dealing with mental health issues and refused to seek professional help.
I remember a time when I was younger when we Americans were a bit kinder and courteous to each other.
Now men are afraid to even say “hello” to a woman at the workplace for fear that he could get caught up in a false “metoo” accusation.
My, oh my, how we’ve fallen from grace…
Inflation is Through the Roof
Inflation in America is rising…and rising…and rising…..
Americans are having a hard time buying basic necessities because prices have doubled & tripled throughout the years.
According to usinflationcalculator.com, if in 2002 you purchased an item for $5.00, then in 2022 that same item would cost $8.04. That is a 60.7% increase!
Everything is going up in price.
Food, used cars, housing, electronics, etc, are being impacted by inflation & their costs have been rising.
Things are getting more expensive, while your paycheck is staying the same.
The dollar cannot buy as much as it could in years past, and it’s putting a dent in the average American’s wallet.
If inflation continues at this rate, we may head into hyperinflation like in Venezuela.
God help us if that happens.
A Recession is Looming
A recession is looming and most Americans are not prepared for when that time comes.
Most Americans have not learned from the 2020 pandemic and the 2008 real estate crash.
Most Americans are still living under their credit cards, not reducing their debt, and they think the government is going to save them.
When a recession strikes, those who have not prepared will be shit out of luck.
And god forbid if they get laid off from their jobs and have a mountain of debt hanging over their heads.
A measly unemployment check that they will receive won’t cover all of their bills, so they will have to liquidate all of their possessions and possibly go into bankruptcy & foreclosure.
I’ve seen plenty of people get absolutely destroyed financially in the 2008 recession.
While some have recovered, many have not…
With inflation rising, the Federal Reserve steadily increasing interest rates, and just the way the economy is down trending these days, it’s obvious that another recession is bound to happen.
My question to you is are you prepared for it?
Will you be able to weather the storm?
Are you prepared to take advantage of the opportunities a recession provides such as cheap stocks & low real estate prices?
If you answered “Yes” to all of the questions above, then I’m pleased to tell you that you have nothing to worry about.
If you answered “No” to ANY of these questions, then start making adjustments in your life & finances so you CAN be prepared.
Needless to say, a recession is not a good time if you are financially insolvent.
Don’t be the person in that position.
Illegal Immigration is a Big Problem
Illegal immigrants are crossing the southern border at alarming rates.
Illegal immigrants coming from countries such as Mexico, Honduras, etc are bringing their drugs, guns and God knows what else with them.
The Biden administration is not doing enough to stop them. On the contrary, they are welcoming them in. The Biden administration & the Democrats are ushering these Illegal Immigrants into America so they can get a fresh batch of Democratic voters. Sad…
What part of “ILLEGAL” immigrants the current administration doesn’t understand?
Look, I have absolutely no problems with immigrants who come to the USA by LEGAL means.
I support the immigrants who wait their turn in line, goes through the proper vetting process to gain entry & residency, and eventually pursue American citizenship.
But I do have a serious problem with illegal immigrants who skip the line and come here undocumented and then get access to benefits & services that are meant for Americans & lawful immigrants.
Our country is over $30 Trillion dollars in debt and we cannot allocate public services and government benefits to people who aren’t supposed to be here.
The situation with illegal immigrants crossing into this country illegally is a slap in the face to American citizens AND legal immigrants.
Honestly, I’m sick to my stomach to see what’s taking place in this country and extremely disappointed in the Biden administration not doing anything to stop it.
The late and former president, Ronald Raegan said a famous quote that still rings true today.
“A nation that cannot control its borders is not a nation.”
And as far as I’m concerned, if you can’t come to America the “right” way, then don’t come at all…
Americans are Not Saving Enough Money
The average American has very little in savings.
If a serious emergency popped up and an individual had to pay a few thousand dollars to get out of a jam they got themselves in, they more than likely would not have the cash available in their bank account.
They would resort to credit cards & high-interest payday loans, which in turn will put them in even more debt and it will take them longer to pay off everything. It eventually becomes a neverending cycle.
Americans that are not saving won’t be ready for emergencies & bumps in the road that comes in life.
But I understand why some might not be saving money.
It’s not that they don’t want to save, it’s that they “can’t” save.
When gas prices are through the roof and your living expenses have doubled, you will have a harder time keeping money in your pocket.
As of June 2022, gas prices in California are more than the federal minimum wage in a lot of states!
How can a person save money if filling up their tank is taking up most of their paycheck?!
My honest advice to you if you’re facing this predicament is to look for a job closer to your house where you can either walk to, ride your bike, or take the bus or train so you can save money.
Or try to purchase an electric vehicle.
Americans need to save more money, period. But it’s getting harder to do when everyday living is constantly draining their bank accounts.
America is Facing a Retirement Crisis
Americans are facing a retirement crisis as we’ve never seen before.
Pensions and 401ks are losing value due to stock market volatility, while the cost of living continues to rise.
Many retirees are becoming priced out of living in America during their retirement years. Many retirees have no choice but to relocate to a foreign country so they can survive on their retirement funds.
Retirees would prefer to stay in America so they can be closer to their kids, grandchildren, family & friends.
But if their retirement account is not worth as much today, and they can’t find decent affordable housing in America, they have no choice but to pack their things and live overseas.
And let’s not even mention the retirees that haven’t even prepared for retirement.
These individuals have to work until they are 75-80 years old because their social security check is minimal, and they did not make any strategic investments in their early years so they would not have to work this late in life.
It’s a sad state of affairs to be in…
In Conclusion
I wrote this to warn you that America is heading toward a downfall and a crisis that we may not be able to climb out of.
This has been on my mind for months and I felt the urgent need to get this off my chest and warn you of a potential economic & societal collapse.
You may think I am rambling or you may think I am being delusional, but I am speaking from the heart and telling you what I foresee in the coming future.
Many Americans are living with their heads buried in the sand, and it will be too late when they decide to wake up & face reality.
Please, reader, stay aware of what’s going on around you & please get prepared.
Mike C.