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How bad does America & the world need the GCR?


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14 Signs That Most Americans Are Flat Broke, Millions out of work or working part time jobs, 30.3 percent of millenials live with family members, 75 percent of Obama jobs went to Hispanics and Latinos, Record numbers get government assistance.

 

 

http://beforeitsnews.com/obama-birthplace-controversy/2015/02/14-signs-that-most-americans-are-flat-broke-millions-out-of-work-or-working-part-time-jobs-30-3-percent-of-millenials-live-with-family-members-75-percent-of-obama-jobs-went-to-hispanics-and-latinos-2486998.html

 


From Zero Hedge February 24, 2015.

“14 Signs That Most Americans Are Flat Broke And Totally Unprepared For The Coming Economic Crisis”

“The following are 14 signs that most Americans are flat broke and totally unprepared for the coming economic crisis…

#1 According to a survey that was just released, 24 percent of all Americans have more credit card debt than emergency savings.

#2 That same survey discovered that an additional 13 percent of all Americans do not have any credit card debt, but they do not have a single penny of emergency savings either.

#3 At this point, approximately 62 percent of all Americans are living paycheck to paycheck.

#4 Adults under the age of 35 in the United States currently have a savings rate of negative 2 percent.

#5 More than half of all students in U.S. public schools come from families that are poor enough to qualify for school lunch subsidies.

#6 A study that was conducted last year found that more than one out of every three adults in the United States has an unpaid debt that is “in collections“.

#7 One survey discovered that 52 percent of all Americans really cannot even financially afford the homes that they are living in right now.

#8 According to research conducted by Atif Mian of Princeton University and Amir Sufi of the University of Chicago Booth School of Business, 40 percent of Americans could not come up with $2000 right now without borrowing it.

#9 That same study found that 60 percent of Americans could not say yes to the following question…

“Do you have 3 months emergency funds to cover expenses in case of sickness, job loss, economic downturn?”

#10 A different study discovered that less than one out of every four Americans has enough money stored away to cover six months of expenses.

#11 Today, the average American household is carrying a grand total of 203,163 dollars of debt.

#12 It is estimated that less than 10 percent of the entire U.S. population owns any gold or silver for investment purposes.

#13 48 percent of all Americans do not have any emergency supplies in their homes whatsoever.

#14 53 percent of all Americans do not even have a minimum three day supply of nonperishable food and water in their homes.”

Read more:

http://www.zerohedge.com/news/2015-02-24/14-signs-most-americans-are-flat-broke-and-totally-unprepared-coming-economic-crisis

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