News Link • Economy - Economics USA
We Just Got 6 More Confirmations That The U.S. Economy Is Moving In The Wrong Direction
• The Economic Collapse BlogIn fact, it was probably the biggest reason why the Democrats lost control of the White House. The American people were desperate for change, because economic conditions had become extremely painful. Of course the Biden years were just one chapter in America's long-term economic decline. Debt levels have been exploding and our standard of living has been deteriorating for a very long time, but there was hope that conditions would start to improve in 2025.
Unfortunately, that has not materialized. As I have documented in previous articles, large companies are going bankrupt at the fastest pace that we have seen since the global financial crisis, the housing bubble is starting to burst, 78 percent of HR leaders in the U.S. say that their companies are conducting "serial layoffs", store closings are on pace to set a brand new record high in 2025, and in 25 percent of all U.S. households at least one person is skipping meals so that there will be enough money to pay the bills.



