{"id":15620,"date":"2015-12-24T08:47:42","date_gmt":"2015-12-24T13:47:42","guid":{"rendered":"http:\/\/olduvai.ca\/?p=15620"},"modified":"2015-12-24T08:47:42","modified_gmt":"2015-12-24T13:47:42","slug":"58-facts-about-the-u-s-economy-from-2015-that-are-almost-too-crazy-to-believe","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=15620","title":{"rendered":"58 Facts About The U.S. Economy From 2015 That Are Almost Too Crazy To Believe"},"content":{"rendered":"
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58 Facts About The U.S. Economy From 2015 That Are Almost Too Crazy To Believe<\/a><\/h3>\n<\/div>\n
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\"58\"<\/a>The world didn\u2019t completely fall apart in 2015, but it is undeniable that an immense amount of damage was done to the U.S. economy.\u00a0 This year the middle class continued to deteriorate, more Americans than ever found themselves living in poverty, and the debt bubble that we are living in expanded to absolutely ridiculous proportions.\u00a0 Toward the end of the year, a new global financial crisis\u00a0erupted<\/a>, and it threatens to completely spiral out of control as we enter 2016.\u00a0 Over the past six months, I have been repeatedly stressing to my readers that so many of the exact same patterns that immediately preceded the financial crisis of 2008 are happening once again, and trillions of dollars of stock market wealth has already been wiped out globally.\u00a0 Some of the largest economies on the entire planet such as\u00a0Brazil<\/a>\u00a0and\u00a0Canada<\/a>\u00a0have already plunged into deep recessions, and just about every leading indicator that you can think of is screaming that the U.S. is heading into one.\u00a0 So don\u2019t be fooled by all the happy talk coming from Barack Obama and the mainstream media.\u00a0 When you look at the cold, hard numbers, they tell a completely different story.\u00a0 The following are 58 facts about the U.S. economy from 2015 that are almost too crazy to believe\u2026<\/p>\n

#1<\/strong>\u00a0These days, most Americans are living paycheck to paycheck.\u00a0 At this point\u00a062 percent<\/a>\u00a0of all Americans have less than 1,000 dollars in their savings accounts, and\u00a021 percent<\/a>\u00a0of all Americans do not have a savings account at all.<\/p>\n

#2<\/strong>\u00a0The lack of saving is especially dramatic when you look at Americans under the age of 55.\u00a0 Incredibly,\u00a0fewer than 10 percent<\/a>\u00a0of all Millennials and\u00a0only about 16 percent<\/a>\u00a0of those that belong to Generation X have 10,000 dollars or more saved up.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

58 Facts About The U.S. Economy From 2015 That Are Almost Too Crazy To Believe The world didn\u2019t completely fall apart in 2015, but it is undeniable that an immense amount of damage was done to the U.S. economy.\u00a0 This year the middle class continued to deteriorate, more Americans than ever found themselves living in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1989,2291,90,103,11219,181,195,8444,246,312,2240,11220,642,1138,9541,11188,11221,8791],"class_list":["post-15620","post","type-post","status-publish","format-standard","hentry","category-economics","tag-1989","tag-2291","tag-brazil","tag-canada","tag-crazy","tag-crisis","tag-debt","tag-debt-bubble","tag-economy","tag-financial-crisis","tag-global-financial-crisis","tag-new-global-financial-crisis","tag-poverty","tag-stock-market","tag-stock-market-wealth","tag-the-debt","tag-the-middle-class","tag-the-u-s-economy"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/15620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15620"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/15620\/revisions"}],"predecessor-version":[{"id":15621,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/15620\/revisions\/15621"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}