Socio-Economics History Blog

Socio-Economics & History Commentary

The Monetary System Is About To Transition & It Will Cause Havoc On The Streets

  • Published on Nov 1, 2016
    Reuters is laying off 2000 employees. GM sales are continually declining and sales are now worse than last year. US trucking slash fleets as their is no consumer demand. Rents are declining as landlords are giving away free months just to fill the vacancies. Construction spending contracts and is now in the range of the great recession. The bond bubble is bursting and we are seeing signs it is getting worse. The monetary system is about to enter a transition and when we enter it people are going to lose most of their wealth.

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November 2, 2016 - Posted by | Economics, Social Trends | , , , , , , , , , , , , , , , , ,

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