The Truck Driver Shortage Could Bring Down the Economy…” it might be best if this motivated every reader to stock up on supplies because if the driver shortage does not abate, basic supplies (eg food) will not be affordable.”

Thursday, July 19, 2018
By Paul Martin

By Dave Hodges
TheCommonSenseShow.com
July 19th, 2018

With all the turmoil surrounding the summit and with all the controversy generated by certain Democrats (eg Representatives Steve Cohen and Maxine Waters) call for a military coup to remove Trump, we have temporarily lost sight of our economy and there is a lot to be concerned about.

A House of Cards

Only five corporations have fueled the rise of the Stock Market (eg Google, Apple, Amazon) and only one of them makes anything and that would be Apple. Our economy is built upon a house of cards.

The debt totals are the national debt ($21 trillion), the unfunded, mandated liabilities (eg social security, Medicare, etc) totaling an estimated $240 trillion and finally the credit swap derivatives debt of $1.5 quadrillion. There will be no debt repudiation. Any President that would attempt to repudiate the debt would be dead by sundown.

The housing market crisis is back. The major cause of the economic crash of 2008-09 was the bundling of home mortgages into what has been called the credit swap derivatives. This is was the biggest ponzi scheme in world history and led to the illegal US taxpayer bailout of the perpetrators.

The Trucking Crisis

There is one economic Trojan horse that very few are discussing and it is bringing the economy down. If the trend continues it will send our economy into a tailspin.

Take a long look at the following chart. What does it tell you?

The Rest…HERE

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