It Could Happen to You

May 10, 2023

by Michael Snyder The Economic Collapse Blog

Those that are wrecking our economy don’t seem to have much empathy for the millions upon millions of people that they are hurting. As you will see below, one Fed official is actually suggesting that interest rates may need to go even higher even though the interest rate hikes that we have already seen are turning lives upside down all over the country. Everywhere you look people are in severe pain, but this is only just the beginning. And I would encourage you not to ever look down on those that have had a run of bad fortune, because it could happen to you too.

The other day I wrote about a homeless encampment in Marin County, California that stretches along the side of a highway for about two miles. It can be easy to assume that those that live in the encampment deserve to be there, but the truth is that a lot of them are just like you and I.