Detroit Is A Stark Reminder Peak America Was Over 50 Years Ago

[HAPPY2BME]

The ‘American High’ ended in 1964 giving way to the next generational shift called the ‘Consciousness Revolution’ 1964 to 1984. During this period, Detroit started to fall ill to a disease called globalism. This is where global elites shifted capital from Detroit, and or other American cities to manufactures overseas on the basis of a human instinct called greed. In the process, many communities were destroyed as industry left producing third world conditions for the remaining few.



During the ‘American High’ (1946-1964), Detroit was the epicenter of the world’s auto industry. With the hard lead-in into the ‘Consciousness Revolution’ (1964-1984) globalism started to deplete US car production.

Conclusion: We have no-one else to blame but the global elites along with government officials who sold out America’s prosperity many decades ago. The elites prospered tremendously off this tectonic shift of capital overseas leaving the American middle class hallowed out. America needs her industry back, without it, we’re just an empire in decay.

Bonus:  Millennials in the next 8 years, according to Gordon T. Long will be 75% of the US workforce. What millennials don’t realize is that decades of decaying US cities or even just Detroit will be a massive uphill battle to produce a sustainable economy. Challenging times are ahead.

http://www.zerohedge.com/news/2017-04-30/detroit-stark-reminder-peak-america-was-over-50-years-ago

[HAPPY2BME]

Alastair Williamson tours the most dangerous neighborhoods in Detroit, Michigan armed with a drone, I-Phone7, and an Uber. He comes across crumbling neighborhoods, climate change protests, and a touching interview at the end. His overall thoughts include, “the end results of globalism has been detrimental to the area. The industry and neighborhoods left decades ago, and what’s left are the artifacts of a civilization from the ‘American High'”.

[youtube]https://www.youtube.com/watch?v=ebhIsnsXXHg[/youtube]

It has a median real estate value of $39,372 due to a significant volume of vacant commercial and residential structures. A majority of residential real estate structures in the area are worth < $62,000 making the area almost impossible to hold value, as well as attract new buyers to the area.

Real estate never recovered, but flatlined after the Great Recession

[HAPPY2BME]

by Mike Shedlock via MishTalk.com

Economic Reality: Bottom 50% Of Americans No Longer Matter

The Fed likes to brag about the “We saved the world” recovery.

However, the unfortunate truth of the matter is a record Half of American Families Live Paycheck to Paycheck.

Does it Matter? Let’s investigate.

Unprepared for Nearly Anything

    50% are woefully unprepared for a financial emergency.
    Nearly 1 in 5 (19%) Americans have nothing set aside to cover an unexpected emergency.
    Nearly 1 in 3 (31%) Americans don’t have at least $500 set aside to cover an unexpected emergency expense, according to a survey released Tuesday by HomeServe USA, a home repair service.

    A separate survey released Monday by insurance company MetLife found that 49% of employees are “concerned, anxious or fearful about their current financial well-being.”

The game is to keep asset prices up so that the top 50% keep spending. The bottom 50% are taken care of by government (taxpayer) subsidies.

https://mishtalk.com/2017/04/30/economic-reality-bottom-50-of-americans-no-longer-matter/