We’ve been told for quite some time now that, although slow, the economic recovery in the U.S. is continuing on track and that if we all just exercise some patience we’ll soon start seeing the light at the end of the tunnel. In fact, a recent positive jobs report is making some people feel better about the economy already.
But when you look at the massive amount of debt the U.S. holds and the economic problems that a number of European countries are experiencing, it seems that financial stability is more of an illusion than a fact. There are those who believe that the 2008 crash was only the first wave of serious problems and that another wave is on the way.
With personal income decreasing, corporate purchases of stock dwindling, Detroit nearly on the verge of bankruptcy, countries such as Greece and Italy experiencing high unemployment, and China preparing for a currency war, the U.S. appears to be a long ways away from being out of the woods.
In this article at InfoWars.com, “12 Things That Just Happened That Show the Next Wave of the Economic Collapse Is Almost Here,” the author says we’re living in a “false bubble of hope.”
What do you think? Does it seem like the U.S. economy is starting to go in the right direction again, or are you seeing signs that things are actually getting worse? What are your thoughts regarding the future? Will things get better or worse for the U.S. economy over the next four years? I’d love to hear from you about this.