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9 Signs That Some Of America’s Long-Term Trends Are Starting To Become Very Serious Short-Term Problems

This article was originally published by Michael Snyder at The Economic Collapse Blog.

Ignoring long-term problems can work for a while, but eventually, they catch up with you.  Over the years, I have written many articles about alarming long-term trends in our society that desperately needed to be addressed.  Of course, the vast majority of those long-term trends never got much attention, because our political system tends to reward politicians that focus on short-term issues.  As a result, many of the long-term trends that I have written about previously have now gotten to a point where they have started to become very serious short-term problems.  In this article, I would like to share 9 examples of this with you.

#1 I have been warning about exploding debt levels for as long as I have been writing about the economy.  Most people know that the U.S. national debt has now crossed the 28 trillion dollar threshold, but hardly anyone is talking about the explosion of corporate debt that we have been witnessing in recent months.  According to the Federal Reserve, total corporate debt in the United States is now up to a whopping 11.2 trillion dollars

Before the pandemic, U.S. companies were borrowing heavily at low interest rates. When Covid-19 lockdowns triggered a recession, they didn’t pull back. They borrowed even more and soon paid even less.

After a brief spike, interest rates on corporate debt plummeted to their lowest level on record, bringing a surge in new bonds. Nonfinancial companies issued $1.7 trillion of bonds in the U.S. last year, nearly $600 billion more than the previous high, according to Dealogic. By the end of March, their total debt stood at $11.2 trillion, according to the Federal Reserve, about half the size of the U.S. economy.

#2 Needless to say, this level of corporate debt is not even close to sustainable, and we are starting to see a lot of prominent names go bankrupt.  In fact, one of the largest mall owners in the entire country officially filed for bankruptcy on Sunday

Washington Prime Group, a major mall owner of more than 100 locations across the United States, filed for bankruptcy, citing pandemic-related shutdowns.

The Columbus, Ohio-based company filed for Chapter 11 late Sunday, saying Covid-19 “created significant challenges” and that the move is “necessary.” Washington Prime secured $100 million in new funding to support its day-to-day operations so it can “continue in the ordinary course without interruption.”

#3 The standard of living in the United States has been going down for a very long time.  Here in 2021, inflation is growing at a much faster rate than wages are, and this is squeezing middle class families like never before.  One of the ways that families are dealing with this is by putting off major purchases, and that is one of the reasons why the average age of the vehicles on our roads has now reached an all-time record high

The average age of vehicles on U.S. roadways rose to a record 12.1 years last year, as lofty prices and improved quality prompt owners to hold on to their cars longer.

It was the first time the average vehicle age rose above 12 years, according to data released Monday by research firm IHS Markit. While the average vehicle age has risen steadily over the last 15 years, the trend accelerated during the coronavirus pandemic partly because of a drop in new-car sales, IHS said.

#4 America’s growing homelessness crisis has accelerated greatly during the pandemic, and the big cities in California are being hit the hardest.  At this point, it is really difficult to navigate through the streets of San Francisco without stumbling over a tent or stepping in human excrement

For a city as opulent as San Francisco, it’s long been jarring to see the extreme poverty of those experiencing homelessness on its streets. If you walk around downtown, tents, makeshift cardboard beds and human excrement can be seen littering the sidewalks. Impoverished people lie on the ground as a blur of highly paid professionals whiz by.

#5 The homelessness crisis is also one of the factors that is fueling the dramatic rise in crime rates that we have been seeing all over the nation.  Once upon a time, millions of eager tourists would flock to Venice Beach, but now the phrase “like hell went to hell” is being used to describe conditions at that once pristine tourist trap…

Year-to-date numbers show that robberies have nearly tripled since the same period last year. Homeless-related robberies are up 260 percent; homeless-related assaults with a deadly weapon is up 118 percent; property crimes and area burglaries are up 85 percent; and grand theft auto is up 74 percent.

According to Embrich, felony arrests are up 68 percent, while misdemeanor arrests have grown by 355 percent. But arrests aren’t enough: Suspects are often released back onto the streets within hours.

#6 The police are the ones that are supposed to protect us from crime and restore order when things get out of control, but now they are leaving public service in record numbers.  After being endlessly demonized by leftist activists and the mainstream media, police officers are either retiring or resigning at a staggering rate….

Police retirements have risen by 45 percent in the past year, with officers opting out of forces across the country amid Black Lives Matter demonstrations that fueled anti-cop rhetoric.

The alarming statistic was revealed by the Police Executive Research Forum on Sunday, with the organization also revealing that resignations rose by 18 percent during the same twelve month period.

#7 Have you noticed that many of our cities are becoming disgustingly filthy?  When I was growing up, I often heard the phrase “cleanliness is next to godliness”, but you never hear anyone use it anymore.  These days, filth and grime are everywhere, and that has resulted in widespread infestations.  Many of our cities now have massive problems with rats and bed bugs, but Chicago is the worst of them all

The Windy City is known for quite a few things: hot dogs, deep dish, baseball. But here’s one thing you probably don’t associate with Chicago: bed bugs. Turns out these tiny hitchhiking pests are quite fond of our city, according to the latest numbers available through Atlanta-based Orkin, a company that specializes in pest control services.

In fact, Chicago ranked no. 1 on the 2021 list, according to Orkin, reclaiming the top spot for the first time since 2017, when it slipped to no. 3, just behind Baltimore and Washington. For the sixth year in a row, Orkin also ranked Chicago the “rattiest” city in America.

#8 I have been writing about the drought in the western half of the country for years, but here in 2021 it is the worst we have ever seen.  As I write this article, an astounding 88 percent of the West is officially in a state of drought…

Lakes at historically low levels, unusually early forest fires, restrictions on water use and now a potentially record heat wave: even before summer’s start the US West is suffering the effects of chronic drought made worse by climate change.

Eighty-eight percent of the West was in a state of drought this week, including the entire states of California, Oregon, Utah and Nevada, according to official data.

#9 When drought gets bad enough, it leads to water shortages, and we will want to watch developments in California very closely.  Water supplies have gotten very tight throughout the state, and officials in Santa Clara County just officially declared “a water shortage emergency”

Santa Clara County is in extreme drought. We can’t afford to wait to act as our water supplies are being threatened locally and across California. We are in an emergency and Valley Water must do everything we can to protect our groundwater resources and ensure we can provide safe, clean water to Santa Clara County residents and businesses.

To better deal with these threats and the emergency they are causing, today my fellow Board Members and I unanimously declared a water shortage emergency condition in Santa Clara County. This declaration, which is among the strongest actions we can take under law, allows Valley Water to work with our retailers, cities and the county to implement regulations and restrictions on the delivery and consumption of water. We also are urging the County of Santa Clara to proclaim a local emergency and join us in underscoring the seriousness of the threats posed by the extreme drought.

Over the past few years, America has been hit by crisis after crisis, and many are yearning for a return to the good old days.  Unfortunately, that simply is not going to happen.

The United States is never going to be like it once was.  Too many things have changed, and our culture has been radically transformed over the past several decades.

Many of the items that I have shared in this article are simply symptoms of much broader cultural problems.  We are a deeply, deeply sick society, and it is getting worse with each passing day.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream, and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial, or health decisions.  I encourage you to follow me on social media on FacebookTwitter, and Parler, and anyway that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post 9 Signs That Some Of America’s Long-Term Trends Are Starting To Become Very Serious Short-Term Problems first appeared on SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You.

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Fear Of The Coronavirus Has Absolutely Destroyed America’s Future

Very few people are talking about it, and even fewer are bothering to object, but by borrowing and spending so much money our politicians are essentially feeding America’s financial future into a wood chipper.  It took from the founding of our country all the way to 1981 before the U.S. national debt reached one trillion dollars.  Incredibly, we just added more than a trillion dollars to our national debt in less than a month.  On April 5th, we were 23.9 trillion dollars in debt, and by May 4th we were 25 trillion dollars in debt.  Fear of the coronavirus has caused nearly all of our politicians to suddenly become socialists, and we are being told that trillions more in spending may be coming.  This is complete and utter lunacy, and we are leaving future generations of Americans with a mountain of debt that would absolutely crush them.  But of course our society may not even last too much longer at the rate we are going.  For years I have been loudly warning that our absurd national debt is an existential threat to America’s future, but at this point both major political parties have completely abandoned any sense of fiscal responsibility.  Now our national debt is rapidly speeding toward the 26 trillion dollar mark, and the House of Representatives just passed a bill that would borrow and spend an additional 3 trillion dollars that we do not currently have…

Last week, House Democrats unveiled their latest pandemic-relief package. The bill combines aid for families, a bailout for struggling cities and states, and additional funds for testing, tracing, and hospitals. The price tag is about $3 trillion—and it comes just weeks after the president signed an economic-relief package worth about $2 trillion.

Since we are destroying the nation anyway, why don’t we make the grand total a nice round 10 trillion dollars like the progressives at the Atlantic are suggesting?

After all, we added close to 10 trillion dollars to the national debt during the Obama years and hardly anyone seemed to mind.

Of course Trump is trying to outdo Obama.  We have already added more than 5 trillion dollars to the national debt while he has been in office, and it looks like more “coronavirus relief bills” could be on the way.

Yes, borrowing and spending money that we do not have gives us an economic boost in the present.

But it is also money that we are stealing from future generations, and we are systematically destroying the bright future that they were supposed to have.

Since Barack Obama’s first day in the White House, we have been stealing an average of more than 100 million dollars from our children and our grandchildren every single hour of every single day.

And under Trump, that pace has actually increased.

I know that figure is difficult to believe, but run the numbers yourself and you will see that I am correct.

What we are doing to future generations is beyond criminal, and it should make every American deeply angry.

But instead, many Americans are convinced that we aren’t spending enough.

In fact, Mark Cuban believes that the government should be issuing $1,000 checks to each household every two weeks

The federal government has already sent a one-time check of up to $1,200 to millions of American families, but according to Mark Cuban, the stimulus is not enough to offset the economic pain of the coronavirus pandemic.

The billionaire entrepreneur proposed the government issue $1,000 checks to every American household every two weeks for the next two months, with the caveat that the money must be spent within 10 days of receipt or it expires. It would cost about $500 billion, Cuban estimated.

Everybody knows that you should never go full Weimar Republic, but since we are essentially doing that already, why not make it $10,000 for every household every two weeks?

After all, $1,000 doesn’t go as far as it once did.  These days, you can blow $1,000 in a single trip to the grocery store.

Of course I am being facetious.  We are literally watching our leaders destroy everything that all previous generations of Americans fought so hard to build, and it is absolutely infuriating.

At this point even the ultra-liberal Washington Post is admitting that “the national debt is out of control”, but of course the Post also keeps on promoting ultra-liberal spending policies.

We are like a morbidly obese guy that can’t even fit in his own bathtub anymore because he is so addicted to food.  Our addiction is debt, and no matter how loud the warnings get we are just going to keep going back for more.

Ultimately, the only way that the U.S. is going to be able to service this exploding debt is to wildly devalue the currency.  This is the road that the Weimar Republic, Venezuela and so many others have gone down, and it always ends in utter disaster.

Only this time the biggest economy on the entire planet is doing it, and the currency that we are devaluing is the reserve currency of the world.

Sadly, there is no turning back now.  Both political parties are completely committed to this course, and the mainstream media is fully behind them.  In fact, CNN insists that “now is not the time to cut back on the borrowing”.

So when will be the time to cut back on borrowing?

If we need to add trillions to the national debt to deal with a relatively minor crisis like this coronavirus pandemic, what in the world are we going to do when really bad stuff starts happening?

Last November, I was absolutely horrified when our national debt hit the 23 trillion dollar mark.  But by the time this November rolls around, we might be at the 27 or 28 trillion dollar mark.

Unfortunately, we throw the word “trillion” around so much these days that most Americans don’t even realize how much money a trillion dollars actually is.

If you would have been spending a million dollars every single day since Jesus was born, you still would not have spent a trillion dollars by now.

We are talking about an amount of money that is absolutely unimaginable, and we just added that much money to the national debt in less than a month.

Thanks to our free spending politicians and everyone that is supporting them, there is now no future for this country.

We are literally committing national suicide in front of the whole world, but we are so utterly consumed by our addiction that we don’t even realize that we should be deeply ashamed of ourselves.

About the Author: I am a voice crying out for change in a society that generally seems content to stay asleep. My name is Michael Snyder and I am the publisher of The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I have written four books that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned) By purchasing those books you help to support my work. I always freely and happily allow others to republish my articles on their own websites, but due to government regulations I need those that republish my articles to include this “About the Author” section with each article. In order to comply with those government regulations, I need to tell you that the controversial opinions in this article are mine alone and do not necessarily reflect the views of the websites where my work is republished. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions. Those responding to this article by making comments are solely responsible for their viewpoints, and those viewpoints do not necessarily represent the viewpoints of Michael Snyder or the operators of the websites where my work is republished. I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with all many people as we possibly can.

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