BIDEN WATCH: 9.10.22 - Dangerously Close To An Economic Crash

 12 Numbers That Show That We Are Getting Dangerously Close To An Economic Crash As The Fall Of 2022 Approaches- by Michael - http://theeconomiccollapseblog.com/12-numbers-that-show-that-we-are-getting-dangerously-close-to-an-economic-crash-as-the-fall-of-2022-approaches/ You have heard me say it over and over again. What we are witnessing right now reminds me so much of 2008, and we all remember what happened in the fall of 2008. That doesn’tmean that this new crisis will unfold exactly the same way that the last one did. Ultimately, every economic downturn is unique. But the fact that we are seeing so many parallels between what is transpiring now and what transpired 14 years ago should deeplyalarm all of us. We appear to be on the precipice of another economic crash, and all of the “solutions” that our leaders give us just seem to make things even worse. Hopefully someone out there can find a way to pull a miracle out of a hat and a worst case scenario can be averted. But I wouldn’t count on that happening. The following are 12 numbers that show that we are getting dangerously close to an economic crash as the fall of 2022 approaches… #1 The government is telling us that the unemployment rate onlywent up to 3.7 percent in August. #2 According to John Williams of shadowstats.com, if honest numberswere being used the real rate of unemployment in the United States would be over 24 percent. #3 About half of all U.S. companies say that they will be eliminatingjobs within the next 12 months. #4 The government is telling us that the inflation rate in theUnited States is only 8.5 percent. #5 According to John Williams of shadowstats.com, if the rateof inflation was still calculated the way that it was back in 1980, the real rate of inflation would be somewhere around 17 percent right now. That is worse than anything that we experienced during the Jimmy Carter era. #6 At one company, the number of Americans taking out short-termloans for groceries has nearly doubled this year. #7 One out of every five home sellers in the United States droppedtheir asking price last month. This is more evidence that home prices are starting to rapidly move in a downward direction. #8 Sales of previously-owned homes were about 20 percent lowerthis July than they were last July. #9 One recent survey found that 3.8 million Americans believethat they could be evicted from their homes within the next two months. #10 According to the National Energy Assistance Directors Association,approximately 20 million U.S. households are currently behind on their utility bills. #11 The Dow Jones Industrial Average has fallen for three weeksin a row. We also witnessed this sort of a gradual slide just prior to the big crash of 2008. #12 In August, a whopping 2,150 corporate executives sold offshares in their companies. Are they trying to cash in while they still can? Gustavo Arnal was one of the corporate executives that recently sold off large amounts of stock. Now he is dead… The man who jumped to his death from the 18th floor of the famous ‘Jenga’ tower in lower Manhattan’s Tribeca neighborhood Friday has been identified as a Bed Bath & Beyondexecutive. Gustavo Arnal, 52, was the Chief Financial Officer of Bed Bath & Beyond, a company that has been going through struggles of late due to high inflation and a sagging economy.The company announced plans to close 150 stores, of its roughly 900, and lay off 20 percent of staff just two days before Arnal’s death. He reportedly sold over 42,000 shares in the company, oft-identified as a ‘meme stock’, for $1million just over two weeks ago, according to MarketBeat.com. It appears that Arnal was involved in a “pump and dump” scheme, and he may have decided that he didn’t want to spend much of the rest of his life locked away in prison… The executive vice president and chief financial officer of Bed Bath & Beyond who plunged to his death from the 18th floor of a New York City skyscraper on Friday was thesubject of a class-action lawsuit alleging that he and majority shareholder, GameStop Chairman Ryan Cohen, had artificially inflated the company’s value in a “pump and dump” scheme. Gustavo Arnal, 52, and Cohen, are listed as defendants in the class-action lawsuit filed last month in the United States District Court for the District of Columbia. Sadly, I think that we will see quite a few more people jumping off of buildings before this whole thing is over. Of course most Americans would never do such a thing. Most Americans will just suffer through whatever comes even as their standard of living is being systematically destroyed. For example, CNN recently interviewed one young mother that couldn’t even afford to buy a backpack for her preschooler… As Sarah Longmore finished her back-to-school shopping, the mother of five looked at a $25 backpack for her preschooler. Soaring inflation had crunched the family’s budget,and she decided her daughter could make do with a hand-me-down. She put the backpack back. Unfortunately, she is not alone. In fact, one recent poll found that only 36 percent of all parents will “be able to pay for everything their kids need this school year”… Just 36% of parents said they would be able to pay for everything their kids need this school year, according to Morning Consult’s annual back-to-school shopping report. That’sdown sharply from 52% in 2021, when inflation was lower and stimulus checks plus advance child tax credit payments helped some families. Are things really this bad already? If so, what will conditions look like six months or a year from now? 2023 is less than four months away, and the stage has been set for an economic implosion of absolutely epic proportions. Do you remember the extreme pain that our nation went through in 2008 and 2009? Many believe that what is ahead will be even worse. The greatest debt bubble in the history of the world is starting to burst, and central banks all over the globe are starting to panic. If you always wanted to live in “interesting” times, you are going to get your wish. But for most people, the times that we are moving into will not be fun at all. ----------------------------- Mandating electric vehicles - Bill Wilson � www.dailyjot.com Over the past 60 years that I know of, California has been first. First to institute any hair-brained progressive idea. First to see it fail. First to suffer the consequencesof such stupidocrisy. Now along comes the whole green energy thing. And California, leading the West Coast of Washington and Oregon (which are almost as embracing of progressive idiocrasy), really got behind the idea that everything had to become wind, solaror battery-powered. Of course, it wasn�t thought through. No infrastructure needed. Just legislate that no vehicles can be gasoline or diesel powered and it will happen. And just like in communist countries that often do the same, that old friend named Failureis just around the corner. On August 25, the unelected, politically-appointed California Air Resources Board (CARB) voted to essentially ban most gas-powered vehicles by 2035. CARB Chair Liane Randolphproudly took credit in a news release saying, �Once again California is leading the nation and the world with a regulation that sets ambitious but achievable targets for ZEV (Zero Emission Vehicles) sales. Rapidly accelerating the number of ZEVs on our roadsand highways will deliver substantial emission and pollution reductions to all Californians, especially for those who live near roadways and suffer from persistent air pollution.� And, of course, there are about $20,000 of state-sponsored wealth redistribution,you know, �incentives,� so �low- and moderate-income consumers� might be able to afford these expensive vehicles. Beginning on August 31, the California Independent System Operator (ISO) another unelected board that manages the state�s power grid, began issuing �Flex Alerts� to conserveelectricity. Because of the hot weather, the ISO is telling California citizens to set their thermostats at 78 degrees, avoid using electric appliances, turn off unnecessary lights, use fans for cooling, and don�t be charging your electric cars. Yes, you readright. Electric cars should not be charged as part of the Flex Alert. Cal ISO president Elliot Mainzer told the news media that September 1 was the �highest demand for power� since September 2017 in California, adding that it�s �a dress rehearsal� for what�sto come. Dress rehearsal in more ways than he thinks. Here California is mandating electric cars and people that currently own them can�t even charge them because the electric gridcan�t support them. And Democratic Governor Gavin Newsom, who has designs to be president, is all in favor of the electric car mandate. I bet if you follow the money, some leftists are getting rich off of all this, even though it will fail miserably withouta transition period to build infrastructure. God gave man stewardship over the earth. 1 Corinthians 4:2 says that �it is required of stewards that they be found trustworthy.� I�m reminded of Fidel Castro�s funeral procession where the military jeep carryinghis remains ran out of gas and soldiers had to push the vehicle the rest of the way. That�s a true picture of progressivism. It�s, say it with me�Stupidocrisy. -------------------------- How much more does it take? - Bill Wilson � www.dailyjot.com The Biden Administration refuses to protect national security by allowing hundreds of thousands of illegals to cross the US border; it has overseen the most intrusive lockdownof citizens and businesses in history; it has coerced, collaborated with and conspired to censor dissent with corporate media and big business; it has used the FBI to quell dissent of parents of school children fighting child sexualization in schools; it hascaused tremendous inflation; it has raised taxes during a recession; it has lied to the American people about the safety and effectiveness of an experimental vaccine. This is just the short list. And the leader of this socialist undertaking has implied halfof American voters are terrorists. When you look at the pattern, and the previous paragraph was just a small representative of the morass of policies, legislation and actions taken by Joe Biden and his cronies,how can anyone believe that the Democratic Party�s brand of �democracy� is good for America? Then you have the leader of the Democratic Party, Joe Biden, characterizing anyone who did not vote for him as a threat to democracy. This cannot be left to die inthe annals of a news media complicit in the leftist cause. Joe Biden, unlike any president in the history of the United States, has come out and actually labeled those who do not support him and his party as threats to this country. There can be no doubt whatthis administration represents. At no time in history has a US president stood in front of a red backdrop flanked by military to declare that nearly half of American voters, �promote authoritarian leaders,and they fan the flames of political violence that are a threat to our personal rights, to the pursuit of justice, to the rule of law, to the very soul of this country.� It has been the tactic of dictators since the beginning of time to pit people againstpeople to win an authoritative position. These Biden Democrats have demonized any and all who oppose them. They have accused others of doing exactly what the democrats have done. Who fanned the flames of violence in Chicago, Minneapolis, Seattle and Portland?Who used the IRS and FBI to oppress political enemies and dissent? Who locked down our personal rights? It was none other than Biden and his political allies. As Biden calls out Americans as threats to the nation, even as he threatens the use of F-15s against dissenters, why is there not a cry to remove this man before he does moredamage by further dividing and endangering this nation? Where is the accountability? Now Biden�s Ambassador is saying that for Israel to exist, it must be divided into two states. From a prophetic perspective, this Administration and the party minions thatsupport it, accelerate the Beast world order system. No big deal that he seeks to divide both America and Israel? Christ said in Matthew 12:25, �Every kingdom divided against itself is brought to desolation.� The Lord said in Zechariah 12:3, �And in that daywill I make Jerusalem a burdensome stone for all people: all that burden themselves with it shall be cut in pieces.� Do you have eyes to see? How much more does it take? ------------------------