11 Reasons The U.S. Economy Is DOOMED – The Crash Is Coming!

Josh Sigurdson sits down with author and economic analyst John Sneisen to break down the top 11 reasons why the U.S. economy is doomed to collapse.
Following an article by Michael Snyder at ‘The Economic Collapse Blog’ called ’11 Reasons Why U.S. Economic Growth Is The Worst That It Has Been In 3 Years’ and we elaborate on the top 11 reasons he provides.
This includes a minimal economic growth as the last six quarters have shown no more than 2% growth annually.
CBS News has reported that three-fourths of all U.S. consumers have to “scramble to cover their living costs” each month.
The U.S. economy only added about 98,000 jobs in March, and that was approximately half of what most analysts were expecting.
This is the first time since the last recession when there has been no growth for commercial and industrial lending for at least six months.
Last month, U.S. factory output dropped at the fastest pace that we have witnessed in more than two years.
We are in the midst of the worst “retail apocalypse” in U.S. history.
This has been the worst year for U.S. automakers since the last recession, and seven out of the eight largest fell short of their sales projections in March.
Used vehicle prices are falling “dramatically”, and Morgan Stanley is now projecting that used vehicle prices “could crash by up to 50%” over the next several years.
Commercial bankruptcies are rising at the fastest pace since the last recession.
The student loan bubble is starting to burst.
And we can’t forget government debt and the Federal Reserve debt.

John and Josh cover all of this and more in this comprehensive breakdown!

Stay tuned for more from WAM!

Video edited by Josh Sigurdson

Featuring:
John Thore Stub Sneisen
Josh Sigurdson

Graphics by Bryan Foerster and Josh Sigurdson

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2017

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15 Comments

  • John Rider
    Reply

    hey guys OK so this is the only thing that bugs me all the top guys peter shiff and gerald celente etc all said it was suppose to happen in 2013 then 2015 now its 2017 so when three years goes buy and they are all still saying the same thing after qe 5 or 6 or 7 then what ? I want the whole dam thing to come crashing down so does Jim Rogers but When ? when the hell will it just happen?

  • ON Ontarible
    Reply

    If you guys don’t make it easier to donate to keep you going I’m going to loose my cookies. You guys have what few people have, vision, I judge told me I was had vision so I am somewhat of an expert. You guys have that vision let us help keep you guys on air.

  • ON Ontarible
    Reply

    Moslems in Ontarible get free tuition to college & university but the average Ontarian has to pay $3,500. Tuition.

  • P Des13
    Reply

    According to Ted Gunderson former Head FBI they installed a chip in all cars after 1997 , it will shut down .

  • Knave Child
    Reply

    The Keynesian fractional banking model based on Usury (charging interest on fiat money) designed by Jews to enslave the Goyim (non-jews) is breaking down and on the verge of collapse, which will usher in total chaos planet wide.

  • coolacadien
    Reply

    This negative growth is all made by design. The elite wants depopulation and its coming as plan. nobody yet can change this plan since the government and the media are in total control of the elite.

  • Xirus XI
    Reply

    Great video, but Josh, I’ve been deprived of sleep for over 5 years due to issues shoved on me by the State, and our eyes match. Get some rest dude[if you can]. .-.

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