CONTROLLED DEMOLITION: From An Industrial Economy To A Paper Economy, The Stunning Decline Of Manufacturing In America – By Michael Snyder

Source – theeconomiccollapseblog.com – “…Since the turn of the century, we have lost more than 50,000 manufacturing facilities.  Meanwhile, tens of thousands of gleaming new factories have been erected in places like China – Does anyone else see something wrong with this picture?: (From An Industrial Economy To A Paper Economy – The Stunning Decline…

CONTROLLED DEMOLITION: Dollar Stores’ Startling Admission “Things Are Worse” – Half Of US Consumers Are In Dire Straits

Source – zerohedge.com –“…The biggest factor by far impacting the performance of both dollar stores was the sharp, adverse turn in the purchasing power of the lower half of US consumers…when you really start breaking it down and you look at that core consumer that we serve on the lower economic scale that’s out there,…

CONTROLLED DEMOLITION: The Real Reason Behind The Surge In Populist Anger – Central Banks

Source – zerohedge.com – “…The rise of populism in America is a byproduct of inflationary policies that have helped trigger a dramatic increase in consumer debt, declining real wages and rising prices for food and housing since 1999”: (The Real Reason Behind The Surge In Populist Anger: Central Banks) In the din of the relentless…

CONTROLLED DEMOLITION: Globalization’s Few Winners And Many Losers – By Charles Hugh-Smith

Source – charleshughsmith.blogspot.ca – “…The American ruling class and the mainstream punditry are struggling to square the circle, that is, defend the globalization of the U.S. economy that has greatly enriched corporations, the wealthy and the top 5% of the work force but also alleviate the stagnation in the incomes and wealth of the bottom…

AMERIKA: Survival is the Name of the Game in the US Today – By Martin Berger

Source – journal-neo.org – “…The word ‘capitalism’ doesn’t mean what it used to. For those who grew up during the Cold War, capitalism meant freedom from the Soviet Union and other totalitarian regimes. For those who grew up more recently, capitalism has meant a financial crisis from which the global economy still has not completely…

CONTROLLED DEMOLITION: ‘American Serfdom’, Companies Offer Loans For Living Expenses To Destitute Employees

Source – libertyblitzkrieg.com – “…If nothing else, this should prove to everyone that the U.S. economy has become a grotesque, unsustainable, cancerous monster. It’s an unethical creation of oligarchy for oligarchy; a parasitic blob that solely exists to reward the already rich and powerful. What no longer benefits the nation’s citizens in any meaningful way needs to be fundamentally transformed before…

CONTROLLED DEMOLITION: Real Household Income Has Plunged by 20% Since the Turn of the Century

Source  – davidstockmanscontracorner.com – “…Actual main street inflation—led by the four horseman of food, energy, medical and housing—–has been running at 3.1% per annum since the turn of the century. After 16 years this considerable annual gap, of course, has ballooned into a chasm. As shown in the graph, the consumer price level faced by flyover America…

CONTROLLED DEMOLITION: Hard Times And False Narratives – By Jim Quinn

Source – theburningplatform.com – “…If GDP is dependent upon consumer expenditures to generate 69% of its total, how could it grow as real household incomes decline? – If you guessed enormous amounts of debt, you win the booby prize. The establishment (Wall Street, mega-corps, politicians, corporate media) convinced the masses to impoverish themselves while trying…

CONTROLLED DEMOLITION: American Workers Wages’ Share of GDP Has Fallen for 46 Years – By Charles Hugh Smith

Source – oftwominds.com – “…Crony-state capitalism has imposed rentier monopolies and cartels on wage earners, effectively transferring more of the nation’s income and wealth to politically powerful entrenched interests and cartels”: (No Wonder We’re Poorer: Wages’ Share of GDP Has Fallen for 46 Years – By Hugh Charles Smith) The problem is that limiting financialization…

CONTROLLED DEMOLITION: Reaganomics is Literally Making Americans Kill Themselves – By Thom Hartmann

Source – sputniknews.com/r – “According to a new study from the National Center for Health Statistics, the suicide rate in the United States has risen dramatically over the past decade-and-a-half” Adjusting for age, it jumped 24 percent between 1999 and 2014, with the biggest increases coming after 2006. Thirteen out of every 100,000 people now kill themselves, making suicide one…

CONTROLLED DEMOLITION: Global Bankster Mafia Caught Rigging Markets to Destroy Middle Class – By Christina Sarich

Source – wakingtimes.com – Billion dollar lawsuits are nothing to gold-rigging banks like Deutsche, but the proposition of spending time in jail might just have motivated the notorious criminal institution’s executives to rat on its peers. This is just the beginning of disclosure in the financial industry which the world has never before seen. Deutsche…

BANKING CARTEL: The Federal Reserve, 100 Years of Failure – By James Hall

Source – silverdoctors.com – Researching economic publications on the first century of the Federal Reserve System provides a wealth of financial information that attempts to explain the way the central bank works. Rarely will the academic studies and official reports address the raw nature of a money creation by a private banking monopoly. The common…

CONTROLLED DEMOLITION: 19 Signs That American Families Are Being Economically Destroyed – Michael Snyder

Source – davidstockmanscontracorner.com – The systematic destruction of the American way of life is happening all around us, and yet most people have no idea what is happening.  Once upon a time in America, if you were responsible and hard working you could get a good paying job that could support a middle class lifestyle…

CONTROLLED DEMOLITION: Boomers Can’t Afford to Retire, How the Establishment Strip-Mined the Wealth of the Country

Source – theburningplatform.com, By Jim Quinn  – Boomers aren’t retiring en mass because they can’t afford to retire. The labor participation rate of the younger generations is being negatively impacted by the non-retirement of Boomers. This is called the trickle down effect from unintended consequences. The establishment has strip mined the wealth of the country,…

REBEL YELL: Yes, It Is a Rebellion, And It Will Not Go Away – By Gaius Publius

Source – downwithtyranny.blogspot.ca – “Compared to the national average, you are poorer then people of your age in the past. In real terms, your disposable income is about $3,389. LESS then in 1978”: The Sanders- and Trump-led (for now) political rebellion is not going to go away. There are only two questions going forward: Will…

CONTROLLED DEMOLITION: What Killed the Middle Class? – By Charles Hugh Smith

Source – oftwominds.com – If the four structural trends highlighted below don’t reverse, the middle class is heading for extinction. Everyone knows the middle class is fading fast. I’ve covered this issue in depth for years, for example: Honey, I Shrunk the Middle Class: Perhaps 1/3 of Households Qualify (December 28, 2015) and What Does…

CONTROLLED DEMOLITION: What’s Eroding The Middle Class? – By Charles Hugh Smith

Source – charleshughsmith.blogspot.ca – This erosion of a self-employed, independent middle class was an important pre-condition for the collapse of Rome and the French Revolution. I have devoted many blog posts to the erosion of the middle class, for the specific reason that when the middle class–the layers of the economy between the Power Elites…

CONTROLLED DEMOLITION: The Multi-Faceted American Bankruptcy and Beyond – By Ghassan Kadi

Source – thesaker.is – The financial collapse of the United States grows more inevitable, and more obviously so. Thus far during the Obama tenure alone, the formal and declared American debt has doubled, sky-rocketing from 10 trillion to 20 trillion dollars. Estimates of total American debt however, and which include unfunded liabilities, are much higher…

CONTROLLED DEMOLITION: Coming Apart, The State of White America, 1960-2010 – By Charles Murray

Source – nytimes.com – For some decades now, a popular conservative narrative of modern America has gone something like this: Our center-right nation, devout and industrious, is ruled by a politically liberal elite that disdains family, despises religion and celebrates indolence with government handouts. Many people find this story convincing. It helped fracture the postwar…

VOODOO ECONOMICS: 93% Of American Counties Haven’t Recovered From The Recession

Source – zerohedge.com  – “How, you might ask, is it possible that the US can add 292,000 jobs while average hourly wages decline? Simple: the hiring was a veritable minimum wage deluge as well-paying jobs barely budged while temp help soared by 34,400″: Supposedly, the Fed’s decision to hike rates last month conveyed something about…

CONTROLLED DEMOLITION: The Shakedown of ’08, tens of trillions in extortion payments to this banking crime syndicate

Source – sprottmoney.com – What have the governments of the corrupt Western bloc spent most of their time doing since the Crash of ’08? We can answer this question in three parts: 1) Creating increasingly falsified “statistics” to fabricate the illusion that their economies were not on the verge of all-out economic collapse; 2) Hacking…

CONTROLLED DEMOLITION: Honey, I Shrunk the Middle Class – By Charles Hugh Smith

Source – oftwominds.com – If it takes more than $126,000 to fund a qualitatively defined middle class lifestyle, what sense does it even make to call this “middle”?: The Pew Research Center’s recent report The American Middle Class Is Losing Ground: No longer the majority and falling behind financially made a media splash, as it…

DAS KAPITAL: The End of Affluence, The Last Christmas in America (January 1975 cover of Ramparts Magazine)

Source  – washingtonsblog.com – The end of rising wages = the end of mass affluence: we just enjoyed the Last Christmas in America (TLCIA). As unemployment topped 10%, the January 1975 cover of Ramparts magazine blared: The End of Affluence: The Last Christmas in America. (TLCIA) The government responded to the high unemployment, rampant inflation…

VOODOO ECONOMICS: “The In-sourcing of Prison Labor”, Seven US Corporate Household Names Use Prison Labor to Produce their Goods – By Kelley Davidson

Source – globalresearch.ca – You won’t believe who’s on this list. Once slavery was abolished in 1865, manufacturers scrambled to find other sources of cheap labor—and because the 13th amendment banned slavery (except as punishment for crimes), they didn’t have to look too far. Prisons and big businesses have now been exploiting this loophole in the…

CONTROLLED DEMOLITION: Breaking Point? Household Costs Skyrocket, Incomes Crashing – By Charles Hugh Smith

Source – oftwominds.com – Even if nothing else doomed the status quo, the widening gap between household incomes and costs will push the corrupt contraption over the cliff by itself. The status quo (whatever you wish to call it) requires “growth” to sustain itself–growth in consumption, spending, sales, debt, asset valuations, profits and of course…

DAS KAPITAL: ‘The Big Struggle Is the Financial Elite vs. Everyone Else’ – By Robert Reich

Source – robertreich.org – Anger and frustration felt by hard-working people who have seen their wages and job security steadily diminish is fueling a populist revolt against the political establishment: ‘When Americans think of how the economic rules are stacked against them, they naturally think of Wall Street.’ The standard explanation for why average working…

CONTROLLED DEMOLITION: US airlines have offshored aircraft maintenance to the Third World…what could possibly go wrong?

Source – stuartjeannebramhall.com – Welcome Aboard, Thanks to offshoring, the number of maintenance jobs at U.S. carriers has plummeted: US airlines have offshored aircraft maintenance to the Third World…what could possibly go wrong?. In the last decade, most of the big U.S. airlines have shifted major maintenance work to places like El Salvador, Mexico, and China,…

CONTROLLED DEMOLITION: Secret TPP Text Unveiled, It’s Worse Than We Thought, Promotes Job Offshoring and Push-down of U.S Wages

Source – wakeup-world.com – Secret TPP Text Unveiled: It’s worse than we thought, with limits on food safety and controversial investor-state system expanded, rollback of Bush-era medicine access and environmental terms. Long-awaited text reveals gaps between administration claims and actual TPP terms on key congressional and public concerns. Thursday’s long-awaited release of the text of the Trans-Pacific Partnership (TPP)…