Poor Man Survival
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LONG TERM TRENDS THAT SHOULD CONCERN ALL AMERICANS
Ignoring long-term problems can work for a while, but eventually
they catch up with you. Over the years, I have written many articles
about alarming long-term trends in our society that desperately needed to be
addressed.
[I’ve warned
of the dangers of Artificial Intelligence, Government spying on its own
citizens, the huge danger of Marxism taking over our nation, inflation and more.]
Of course the vast majority of those long-term trends never got
much attention, because our political system tends to reward politicians that
focus on short-term issues. As a result, many of the long-term trends
that I have written about previously have now gotten to a point where they have
started to become very serious short-term problems. In this article, I would
like to share 9 examples of this with you.
#1 I have been warning about exploding debt levels for as long
as I have been writing about the economy. Most people know that the U.S.
national debt has now crossed the 28 trillion dollar threshold, but hardly
anyone is talking about the explosion of corporate debt that we have been
witnessing in recent months. According to the Federal Reserve, total
corporate debt in the United States is now up to a whopping 11.2 trillion dollars…
Before the pandemic, U.S. companies were borrowing heavily at low
interest rates. When Covid-19 lockdowns triggered a recession, they didn’t pull
back. They borrowed even more and soon paid even less.
After a brief spike, interest rates on corporate debt plummeted to
their lowest level on record, bringing a surge in new bonds. Nonfinancial
companies issued $1.7 trillion of bonds in the U.S. last year, nearly $600
billion more than the previous high, according to Dealogic. By the end of
March, their total debt stood at $11.2 trillion, according to the Federal
Reserve, about half the size of the U.S. economy.
#2 Needless to say, this level of corporate debt is not even
close to sustainable, and we are starting to see a lot of prominent names go
bankrupt. In fact, one of the largest mall owners in the entire country
officially filed for bankruptcy on Sunday…
Washington Prime Group, a major mall owner of more than 100
locations across the United States, filed for bankruptcy, citing
pandemic-related shutdowns.
The Columbus, Ohio-based company filed for Chapter 11 late Sunday,
saying Covid-19 “created significant challenges” and that the move is
“necessary.” Washington Prime secured $100 million in new funding to support
its day-to-day operations so it can “continue in the ordinary course without
interruption.”
#3 The standard of living in the United States has been going
down for a very long time. Here in 2021, inflation is growing at a much
faster rate than wages are, and this is squeezing middle class families like
never before. One of the ways that families are dealing with this is by
putting off major purchases, and that is one of the reasons why the average age
of the vehicles on our roads has now reached an all-time record high…
The average age of vehicles on U.S. roadways rose to a record 12.1
years last year, as lofty prices and improved quality prompt owners to hold on
to their cars longer.
It was the first time the average vehicle age rose above 12 years,
according to data released Monday by research firm IHS Markit. While the
average vehicle age has risen steadily over the last 15 years, the trend
accelerated during the coronavirus pandemic partly because of a drop in new-car sales, IHS said.
#4 America’s growing homelessness crisis has accelerated
greatly during the pandemic, and the big cities in California are being hit the
hardest. At this point, it is really difficult to navigate through the
streets of San Francisco without stumbling over a tent or stepping in human excrement…
For a city as opulent as San Francisco, it’s long been jarring to
see the extreme poverty of those experiencing homelessness on its streets. If
you walk around downtown, tents, makeshift cardboard beds and human excrement
can be seen littering the sidewalks. Impoverished people lie on the ground as a
blur of highly paid professionals whiz by.
#5 The homelessness crisis is also one of the factors that is
fueling the dramatic rise in crime rates that we have been seeing all over the
nation. Once upon a time, millions of eager tourists would flock to
Venice Beach, but now the phrase “like hell went to hell” is being used to describe conditions at
that once pristine tourist trap…
Year-to-date numbers show that robberies have nearly tripled since the same
period last year. Homeless-related robberies are up 260 percent; homeless-related
assaults with a deadly weapon is up 118 percent; property crimes and area
burglaries are up 85 percent; and grand theft auto is up 74 percent.
According to Embrich, felony arrests are up 68 percent, while
misdemeanor arrests have grown by 355 percent. But arrests aren’t enough:
Suspects are often released back onto the streets within hours.
#6 The police are the ones that are supposed to protect us from
crime and restore order when things get out of control, but now they are
leaving public service in record numbers. After being endlessly demonized
by leftist activists and the mainstream media, police officers are either
retiring or resigning at a staggering rate….
Police retirements have risen by 45 percent in the past year, with
officers opting out of forces across the country amid Black Lives Matter
demonstrations that fueled anti-cop rhetoric.
The alarming statistic was revealed by the Police Executive
Research Forum on Sunday, with the organization also revealing that
resignations rose by 18 percent during the same twelve month period.
#7 Have you noticed that many of our cities are becoming
disgustingly filthy? When I was growing up, I often heard the phrase
“cleanliness is next to godliness”, but you never hear anyone use it
anymore. These days, filth and grime are everywhere, and that has
resulted in widespread infestations. Many of our cities now have massive
problems with rats and bed bugs, but Chicago is the worst of them all…
The Windy City is known for quite a few things: hot dogs, deep
dish, baseball. But here’s one thing you probably don’t associate with Chicago:
bed bugs. Turns out these tiny hitchhiking pests are quite fond of our city,
according to the latest numbers available through Atlanta-based Orkin, a
company that specializes in pest control services.
In fact, Chicago ranked no. 1 on the 2021 list, according to
Orkin, reclaiming the top spot for the first time since 2017, when it slipped
to no. 3, just behind Baltimore and Washington. For the sixth year in a row,
Orkin also ranked Chicago the “rattiest” city in America.
#8 I have been writing about the drought in the western half of
the country for years, but here in 2021 it is the worst we have ever
seen. As I write this article, an astounding 88 percent of the West is officially in a state of drought…
Lakes at historically low levels, unusually early forest fires,
restrictions on water use and now a potentially record heat wave: even before
summer’s start the US West is suffering the effects of chronic drought made
worse by climate change.
Eighty-eight percent of the West was in a state of drought this
week, including the entire states of California, Oregon, Utah and Nevada,
according to official data.
#9 When drought gets bad enough, it leads to water shortages,
and we will want to watch developments in California very closely. Water
supplies have gotten very tight throughout the state, and officials in Santa
Clara County just officially declared “a water shortage emergency”…
Santa Clara County is in extreme drought. We can’t afford to wait
to act as our water supplies are being threatened locally and across
California. We are in an emergency and Valley Water must do everything we can
to protect our groundwater resources and ensure we can provide safe, clean
water to Santa Clara County residents and businesses.
To better deal with these threats and the emergency they are
causing, today my fellow Board Members and I unanimously declared a water
shortage emergency condition in Santa Clara County. This declaration, which is
among the strongest actions we can take under law, allows Valley Water to
work with our retailers, cities and the county to implement regulations and
restrictions on the delivery and consumption of water. We also are urging the
County of Santa Clara to proclaim a local emergency and join us in underscoring
the seriousness of the threats posed by the extreme drought.
Over the past few years, America has been hit by crisis after
crisis, and many are yearning for a return to the good old days.
Unfortunately, that simply is not going
to happen.
The United States is never going to be like it once was. Too
many things have changed, and our culture has been radically transformed over
the past several decades.
Many of the items that I have shared in this article are simply
symptoms of much broader cultural problems. We are a deeply, deeply sick
society, and it is getting worse with each passing day.
***Michael’s new book entitled “Lost Prophecies Of The Future Of
America” is now available in
paperback and for the Kindle on Amazon.***
SIDEBAR
We’ve all heard of bugging-out, but there are times when staying
put and hunkering down or “bugging in” makes more sense. Bugging in means
staying home but keeping a low profile. You don’t go out, you don’t shop, you
don’t interact with outsiders and you stay alert… sound familiar?
Many people have adopted this lifestyle as a result of the
COVID-19 pandemic, but people have been doing it for thousands of years.
As with a global pandemic, there are many good reasons to step
out of society for a while. Here are some of the incidents and events that have
caused this lifestyle to emerge based on past precedent...
The Ultimate Guide To
Bugging In
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CREATING AN EMERGENCY
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4 comments:
I still say the #1 crisis we face is the Marxist takeover of our nation.
Always a worthwhile, resource filled read.
The anti-America crap from leftist loons is non-stop...we've declared war on Marxist morons who want to spread their bull crap to kids via CRT-contact your state legislators to put an end to commie crap!
some basic facts of CRT.
• All critical theories, including CRT, are a neo-Marxist critique of capitalism and free society based on Marxist-Maoism.
• CRT advocates admit it's to transform society.
• CRT judges all social interactions through a racial lens and in education it places racial guilt on kids by separating them between oppressor and oppressed.
Never would I have thought communists would take over our schools, Hollywood, politics, etc. When the hell are citizens going to wake up AND fight this scourge?
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