Collapse Of The U.S. Economy Is Far More Advanced Than Most People Think

1. When the economy is in good shape, holiday spending increases each year.  In 2024, only 16 percent of Americans say that they are going to spend more than last year and 35 percent of Americans say that they are going to spend less

2. The number of job openings in the U.S. is now the lowest it has been since January 2021

3 The manufacturing numbers that we are getting are extremely dismal.  For example, the Philadelphia Federal Reserve Manufacturing Index just experienced an extremely sharp decline

4 Thanks to rapidly rising mortgage rates, the average U.S. homebuyer just lost $33,250 in purchasing power in just six weeks

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