3 Classic Recession Signals Are Flashing Red

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Those that were hoping for an “economic renaissance” in the United States got some more bad news this week.  It turns out that the U.S. economy is in significantly worse shape than the experts were projecting.  Retail sales unexpectedly declined in March, total business sales have fallen again, and the inventory to sales ratio has hit the highest level since the last financial crisis.  When you add these three classic recession signals to the 19 troubling numbers about the U.S. economy that I wrote about last week, it paints a very disturbing picture.  Virtually all of the signs that we would expect to pop up during the early chapters of a major economic crisis have now appeared, and yet most Americans still appear to be clueless about what is happening.

Even I was surprised when the government reported that retail sales had actually fallen in March.  Consumer spending is a very large part of our economy, and so if consumer spending is slowing down already that certainly does not bode well for the rest of 2016.  The following comes from highly respected author Jim Quinn

The Ivy League educated “expert” economists expected March retail sales to increase by 0.1%. They only missed by $6 billion, as retail sales FELL by 0.3%. They have fallen for three straight months. At least gasoline sales were strong, as prices have risen 22% since mid-February. That should do wonders for the finances of American households. If you exclude gasoline sales, retail sales fell by 0.4%. As the chart below reveals, the year over year change in retail sales has been at or near recessionary levels for most of 2015, and into 2016.

You can view the chart that he was referring to right here.  In addition to a decline in retail sales, total business sales have also been falling, and this is another classic recession signal.  The following comes from Wolf Richter

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Mark
Mark
5 years ago

I have been pounding the internet table for many years about the BANKSTERS…and inflicted my rants on most of my family & friends (most who either don’t get it or haven’t dug into it or think I’m a right wing-wing nut). The Federal Reserve (FED) (who are not Federal and have no reserves) who took over the power of printing money and setting interest rates in 1913 by a stealth move through a bought and paid for Congress and duped President (Woodrow the idiot Wilson) really are monetary puppet masters. Every time I drive over the bridge that carries Wilson’s name in DC…I spit out the window in disgust…and curse him out loud.

Woodrow Wilson bitterly regretted his role in creating the 3rd American Ponzi Scam called the FED:

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world — no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”

The American Sheeple have let the FED fleece them and every generation since 1913 are about to reap the whirlwind caused by the FED’s greed, control, lust for power and riches and their ignoring the truth of God’s economy. The Banksters have held their collective thumbs down on the scales…cheating and bankrupting the nation. The tab is coming coming due….

Both parties have been holding the FED’s coats during the American Wealth mugging.

The elites have been preparing their escapes, islands, compounds, gated communities, excuses, havens, scrape goats, lies, golden parachutes, and disappearances…because they know what is coming is unavoidable.

The Greatest Recession -- The Worst Depression -- The Collapse -- The Reset -- The New World Order -- TSHTF??? The Gaggle of Black Swans. Lots of potential labels.

Goldman Sachs calls average Americans “The Muppets”. For many that is a high compliment.

The United States of America is bankrupt, there are three groups to blame:

1. The FED
2. The Politicians
3. The majority of the American people for becoming and staying the American Sheeple

Time is running out for U.S. The 20% (that is about how many ants I suspect are getting ready -- I hope its more…but I doubt it).

1. Silver & then some Gold. Soon you won’t be able to acquire either unless you are one of the1% and that isn’t anyone I know. They are desperately trying to hold a financial collapse from happening until after the election.

2. A serious food pantry. (There is a massive storm coming – maybe not the Zombie Apocalypse – unless you’re really, really, really hungry).

3. A serious essential supplies pantry. (Or pay hyperinflation prices using a wheelbarrow for your almost worthless dollars).

4. At least 3 months of operating cash outside the bank for their upcoming government enforced holiday and then the Bank BAIL–IN. (Hard Cash will be desperately needed at first then see the last part of No. 3 – it’s called out of control deflation (where we are now) -- leading to Bankster/Government helicopter money (coming soon) leading to hyperinflation (in the future).

5. Guns and ammo and all that entails self defense and keeping the broke, starving grasshoppers at bay. Civil unrest is a PC way of saying those living off the government and the unprepared (80%) are going to be really pissed off when the government gravy train suddenly derails or they realize they never saw the derailment coming and the state of the state leaves them sitting in the dark eating Alpo.

6. Get your torches and pitchforks ready as that is what it will take -- to take back our government, our liberty, our freedom, and our money.

7. Cling to your Bibles and your Guns…you’re going to need both…and the People of the Book will one day have every tear wiped away.

Below is an excellent article grounded in secular truth on the FED.

http://dimartinobooth.com/fed-bankrupted-nation/

Has the Fed Bankrupted the Nation? The answer is Yes.