The Entire System Is Crumbling! Major Red Flags Are Popping Up For Banks, Small Businesses and Retailers

posted 157 days ago by aslan_is_0n_the_m0ve 157 days ago by aslan_is_0n_the_m0ve +60 / -1

https://www.zerohedge.com/personal-finance/entire-system-crumbling-major-red-flags-are-popping-banks-small-businesses-and

Tyler Durden's Photo

by Tyler Durden

Friday, Jun 14, 2024 - 12:20 AM

Authored by Michael Snyder via The Economic Collapse blog,

If the economy is fine, why are so many signs of trouble erupting all around us? Those that keep insisting that the U.S. economy is heading in the right direction conveniently ignore the very troubling facts and figures that I regularly share with my readers. When you take an honest look at the cold, hard numbers that the economy keeps producing, there is only one logical conclusion. Our entire system is crumbling, and it appears that conditions will soon get significantly worse.

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– aslan_is_0n_the_m0ve [S] 1 point 157 days ago +1 / -0

I still don't think we should pay back debt that was money squandered by CONgress e.g. Pork barrel, Foreign Aid, Black Buget/Ops etc.

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– ApeironPatriot 1 point 157 days ago +1 / -0

Isn't most of that debt owed by the government to the federal reserve? Wouldn't most of it sorta vanish if the reserve went away or would someone else have to pick up the bag?

I think about: The US (FED) takes the assets of the bad guys & pays the debt to the bad guys? Will Americans in good standing be repaid for this forced robbery?