In addition to Briben family criminality, stolen elections, Ukraine nastiness, Fauci and crews’ genocide news, charges against PDT by DS criminals, trannie attacks, etc; please consider the following from local and national news reports – just in the past week. My take has been added with some and you will easily be able to tell when it occurs.
The Dems, RINOs and globalists want you focused on their show. You still need to take care of things at home. Don’t lose focus while the war is being fought.
Real World
Sanctions against Russia are having virtually no impact despite globalist controlled news reports. Russia has become nearly self sufficient as Sundance indicated recently. BRICS involvement assures they will remain that way as their economic system stabilizes with a currency pegged to gold and/or other commodities as there are ample international facilitators to move the money. They are getting stronger as we are weakening dramatically.
Our federal deficit doubled to a record $1.6 trillion in 10 months of fiscal year 2023. Ukraine, actually the globalist Neocon scum, got their share. That will continue as they cover for their selling the public on the evil Russians. If deficits continue at that pace – more of the same that worsens over time.
Inflation in July was stated as 3.2%. Don’t let them snow you into believing that they have it under control. They manipulate the index and stats constantly. Eventually they run out of methods to continue the practice. The true inflation rate is in double digits.
Interest rates rising is likely to be a long term trend. Fed will move to raise again in September.
Rising fuel costs – again. The only way the overall sector goes down with puppet Briben in office is when demand goes down due to a worsening economy, which it likely will not go down even with a downturn overall with winter coming.
Product Transportation Industry
Known under a variety of names, the above is my lay person’s representation for the following key economic considerations.
Trucking loads are lessening, more and more are deadheading (empty on return trips). That will eventually lead to more supply delays as trucking companies schedule accordingly to reduce costs. Once that starts, related layoffs begin and independents fill in the gaps at higher costs. See the link below. Ignore the globalist news’ excuses…
Because it primarily ties to this…
Much less demand for products here and globally. Which leads to…
Chyna
Some manufacturing in China is in a major mess. Their economy is now in deflation, trouble in paradise for the commies. Their exports fell to PDT era levels. That will continue as their #1 buyer, us, experiences a worsening economy. Below is a globalist news link, but some good statistical info is in there. The commies will cook the books, terrorize and fake their way through it until better times return and BRICS solidifies.
Domestic Issues
Small business farmers continue to be priced out of the industry by corporate and international involvement. The primary way to counter is for individuals to grow their own food and sell excess in farmer’s markets. TGAL as Wolf put it. Think global, act local. The more independent the average citizen becomes the better it will be for all of us.
Credit card debt is now at a record in excess of $1 trillion. Auto finance debt will not be far behind in terms of record debt as it exceeded $1.5 trillion in 2022. Delinquencies in both are way up. Consumers are spending money they do not have like there will be no tomorrow. They have travelled like it as well. When their debt highs end as the economy tanks and layoffs hit, as it always does, the bottom feeders will rush in to buy up the devalued assets like they always do. Buy low, sell high. Use other people’s misery and money to do it. Stupid is a stupid does, right Brother Forrest? Blows my mind that the average person never seems to get this.
Banks and businesses are bankrupting. In the news everyday for everybody to see.
Retail outlets closing and reducing opening hours in droves while Amazon and on-line shopping begins to increase again. The financially viable retailers still experience labor shortages, which slows their growth. Even BigMacDonald’s is experiencing trouble with about a third of their franchisees. This link below is an eye opener on some retailers – indicates a cover-up is occurring with some.
Housing sales slowing significantly nationwide. Totally expected and also why new construction starts have been down dramatically for quite awhile as well. When land, development costs, materials, labor, fuel, interest rates, etc. go up; average Joe stops buying. Duh, they cannot afford it. City leaders nationwide continue to lament high residential rental rates while regulating and taxing the crap out of landlords, business and industry in their areas; which raises overall real estate costs. Less residential rental inventory, more people due to the illegals invasion. Rental rates go up while development and construction costs do likewise. Total dumbazz moves, or is it? Seems intentional to me.
Commercial real estate development is dying and sales are down dramatically. Vacancy rates are increasing significantly, lower net rental rates offered to entice tenants. Banks holding significant amounts of this segment of debt are being downgraded in the markets and regulators are watching closely. See link below.
Home Depot and Lowe’s stocks have been officially downgraded. Always a strong indicator.
People Factor
The nation has been overrun by illegal invaders, draining resources of counties, cities, housing, hospitals and schools all over the nation. Translators are being hired in public schools all across America. The replacement of Caucasians is in full swing. Dems and RINOs needed something to offset the move of its real citizens toward conservative candidates. Just my opinion, this is one precursor for the globalist attempt to have one government and system for North America.
As a side note, virtually all of the public school teachers in our county who could take retirement, did so. The state forcing standardized comprehension tests to determine grade advancement subject to students going to summer school and/or tutoring to offset was the last straw for many. That self inflicted wound placed a huge strain on the teachers and local school administration. So those who could retire or find good employment elsewhere exited. The kids are the biggest losers in that exchange, which will compound the problem. Approximately 25% of our local school teaching staffs turned over, when dozens of applicants fought for each of the few openings that would occur in the past. Local primary and intermediate schools still have dozens of unfilled openings with the school year underway. They are using subs and teaching assistants to do the work until/if filled. They are also relaxing the standards for hiring. Some bilingual students are acting as translators in classrooms.
Prediction if things continue on the present path: Just like is done in physician practices, teaching assistants will become the day to day real teachers like NPs are the first line docs in the practices. Teachers will become like primary care physicians, administering the delivery of education to the students that are assigned to them. They will float between two or three classrooms of students, report to admin, handle testing, review student progress with assignments. handle discipline, and provide assistance as needed to their assistants.
Obvious plans underway to create the next scamdemic this winter. More jabs to roll out that the government will incentivize the medical community to administer. More death, more suffering, more medical malpractice, more cash for Big Pharm and the Big Guy.
Nursing home and adult care costs skyrocketing to highest levels ever per multiple reports. Labor costs the primary cause as trained nursing staff shortages continue. Will get far worse before it gets better.
Conclusion
It’s not over yet. There is always hope. Truth prevails in the end.
Prepare. Keep praying. Keep doing the work. Keep grinding.
Great summary TradeBait … thank you.
👍 YW!
Thank you for this report. It is another reminder to be prepared with plenty of supplies on hand in case of shortages due to shipping issues, illness, fake plandemics, and the like.
I have thought credit card spending was because people are relying on credit for everyday necessities because of inflation or if they are out of work, etc. But vacations are not a necessity.
I don’t understand how everything ties together. It would seem that, with inflation and people needing more money for necessities, they would need work and that hiring would at least hold steady, not decline. But I guess if fewer people are buying, then stores can’t afford to hire as many workers. But then there is the record credit card debt, so people are buying in at least some sectors.
At any rate, as you say:
👍
It is in sectors as you said. They are buying less products and spending more on lifestyle and service economy stuff. But those sectors crash quickly when/if the worst hits.
Great stuff. Thank you for all the insights.
Along with Plandemic 2.0, with all the dictatorial edicts it WILL bring, there will be more.
Briben is leaning towards declaring a Climate Emergency. I take leaning = WILL happen.
We will deal with a wide spectrum of cluster fucks, as they try to keep us off balance.
Increasingly, I see 2024 election in jeopardy.
Folks NEED to Prepare. No excuses, prepare.
Exactly. This election/nonelection will tell the future.
Thank you TradeBait
Some days it feels ominous and insurmountable BUT trying to be prepared and aware isn’t an option. That’s admitting defeat. Most of us here aren’t wired that way and I’ve learned a LOT from many here at the Tree.
👍 YW!
That’s the spirit. Never give them an inch.
This is a great place.
rereading that comment of mine doesn’t make sense for normal folk !! LOL yall know what I meant to say
TradeBait2
Thank you so much for this.
http://www.shadowstats.com/ is a place Yours Truly goes for another perspective on economic items.
IMO, now that POTUS45 is considered to be a “flight risk”, things can really start to heat up on several fronts.
👍 Agreed. Going to get interesting.
The big economic factor that seems unmeasurable at this point and has the ability of greasing the skids for a very wide collapse is that trust in the nations institutions has been eroding pretty much everywhere. It’s going to take a lot of good people doing great things to keep the whole thing from crashing in our heads.
~Trump 2024!~
Amen! Make it happen.
Excellent reminder for everyone of what’s going on in our country.
Prepare for the worst and pray for God’s will be done.
Truth.
Love it! Realism!
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