America: A Failing Republic?
From Greg M
Lions and friends... after my livestream at 4:05PM Eastern, I will be LIVE AGAIN AT 5PM Eastern.
America: A Failing Republic?
Click here: https://www.youtube.com/live/JG0pW0gLth8
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DATA: America Already Died
Recession Since 2008; Depression Since 2020
Substack Read:
what's the DILL?
https://open.substack.com/pub/blackboxpolitics/p/data-america-already-dead?r=99p96&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
We've been in a recession since 2008 that was papered over by QE. We entered a depression in 2020. The evidence is in my linked work below.
The majority of the US population lives off bank credit. The majority of the population also use bank credit for basic necessities such as; food, shelter, energy and medical.
So the populace no longer lives off wages or salary because the currency is worthless. USD has devalued by 98% as publicly admitted by the Federal Reserve Education Board. That means the real number is worse and purchasing power is negative. Why? The Fed are liars and would never tell the truth. They have a vested interest in lying. Therefore, public numbers are usually gross understatements and we can assume much worse.
America has already collapsed; People just have figured it out yet.
Purchasing power is the only thing that matters. If your purchasing power is negative (i.e. worthless) everything els is irrelevant. You've already collapsed because your currency is no longer viable for living or surviving.
This is already happening as food banks across america are running out of food and have more demand than they ever had since the depression of 1929.
Homelessness is breaking all time records as well.
The collapse isn't coming. Its already here.
Inflation Rate 141%?
If we take the McDonalds menu and assume a minimum inflation rate; based on the average price increase of products across the board. We come to an average price increase of 141% of all items across the board
In 1970, you could buy 250 oz of Gold for $10,000. In 2024, 250 oz cost well over $500,000.
Average wage in 1970 =$9,500. One man could afford a house, car, wife and several kids with one wage earner. Average wage in 2024 =$43,000 and it's not enough to survive in most areas.
In 1950 the average house was $6,000. In 2024, average house cost $450,000.
Car in 1970 use to cost $3,500. 2024 a car cost $47,000.
It's already over for America. It just hasn't psychologically been figured out by the masses. But they are starting to get it as the collapse gets worse and their checks more meaningless.
"Anyway, us cow folk jus take it as it come." -Fallout TV show series (a must watch btw).
-Dillon Critique from; what's THE DILL? (Substack)
Isn't America a banana republic?