There have been many stories about the financial cliffs, debt ceilings, remedies for banks, how the recovery of the economy continues in recent years, and now it has turned into a corner. If you are a bank, you do not need to apply for bankruptcy. The government will save you, it will be bigger and stronger than before. The problem is that Central America can not approach its financial institution and has not received government remedies. Recently, the number of bankruptcy applicants has decreased, and the media has used this for the platform to prove that the economy has become a corner. In the theory, there was only one mistake, while the US GDP in the fourth quarter was minus 1%. To me, these things are getting worse like things, and it sometimes goes wrong. Even in 2012 alone, the US trade deficit is expected to be between 500 billion and 600 billion dollars. Companies leave the country on the highway and if they do not retire they will go bankrupt and close the doors.
We have now entered the dusk zone so that 6 Americans receive food stamps so that they are close to 1. Consumer confidence is now constantly sluggish, and recently it has lasted at least a year or more. The government talks about all employment creation, but the last week of unemployment insurance application in early January increased to 368,000. Some economists forecast that this figure will exceed 400,000 people who show stress fractures in the economy in the near future. People are somehow trying to avoid bankruptcy filings, but the federal government raised payroll tax on all working Americans and took an average worker cost 100 dollars a month. Since the last election, companies have continued to announce dismissals and make American workers more pessimistic than ever. Recently, 65% of Americans think that 2013 is a year of economic difficulties, and a gallup survey was conducted that 50% believe that the best day in the US is now. Even if the media says that it has been repeated over and over again, that is not true.
Banks continue to lend to people, but since they can not actually buy it, the debt ratio of Americans continues to rise. In essence, they are creating the payday loan impact people borrow against future income to pay the bill in the past. At some point with all the interest of the fee, the loan shark gets everything, people will leave nothing to survive. The only option of these individuals is to submit bankruptcy to stop these creditors. When a major bank collapsed a few years ago, the government came to help friends at the expense of their assistance. Many people are plagued again, and the government again launches the press to the federal court to aid friends through quantitative easing. Most people do not understand the impact of this monetary policy on the main street. Like the Weimar Republic and Zimbabwe, over time the United States will begin to feel the impact of quantitative easing by hyperinflation. As money falls, the price of the whole country passes through the roof, the only choice of Americans who are struggling will raise bankruptcy. If wages do not obey, many people lose their homes and just dispose of it, you can put food on the table. One thing is that people should not expect something from the government.
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