Tens Of Millions Of American Families Are Living On The Edge Of Desperation – And The Economy Is About To Get A Whole Lot Worse

Have you ever been so poor that you had to live in your car? Have you ever been so low on funds that the only place you could afford to live was a rat-infested motel? Have you ever spent a night living in a tent city or sleeping in the streets? If not, you should consider yourself to be very fortunate. As the recent Black Friday madness demonstrated, there are still lots of Americans that are doing well enough to go on wild shopping sprees, but the reality is that there are also millions of American families that are falling through the "safety net" to a place of total desperation.

In a previous article I talked about the fact that the U.S. Census Bureau recently announced that a higher percentage of Americans is living in extreme poverty than has ever been measured before. Not only that, 2.6 million more Americans fell into poverty last year. That was also a new all-time record. As you read this, one out of every seven Americans is on food stamps and one our of every four U.S. children is on food stamps. Tens of millions of American families are living on the edge of desperation. In many communities across the United States, there is so much despair in the air that it is almost tangible.

When you look into the eyes of many Americans these days, it almost seems as if all the hope has been sucked right out of their hearts. Economic despair is at epidemic levels, and unfortunately the economy is about to get a whole lot worse.

NOTE: My logic and dot connecting is a little different. The facts are that 11 million homes have been foreclosed on recently, with 11 million more upside down. Banksters are in business to make money and while these homes are mostly unavailable for he average investor, they are being bulk purchased by Mutual fund companies. This has lowered the value of all real estate, including properties that aren't in trouble.

Now Banksters still have to make money and the only way that they can do that is to manipulate the supply and demand ratios. They do this by bulldozing entire subdivisions and parts of cities, which creates scarcity, thus slightly increasing the value of surrounding properties. Once they have sufficiently raped and pillaged, the bottom will be reached and they will open up the doors to lending.

A mechanism will be created whereby mortgage terms will be easy, flexible, longer terms and easy approvals again. Values will start to climb, minimal skill/wage jobs will be able to get a mortgage so Banksters can suck in new people for the next round of crisis, once this one is over.

The corporate goal is for the majority of the population to have lifetime payments for basic needs, transportation, housing, food, insurance etc. Our goal should be to have no monthly payments for basics. If we're making payments for a car, then we can't afford that car.