Will the plugs be pulled on U.S. cities' life support lines?

 

 Apocalyptic Debt Crisis In America: 63 Of America’s Largest 75 Cities Are COMPLETELY BROKE
February 2, 2019 Mac Slavo


The debt crisis in the United States of America has reached apocalyptic proportions.  A new and horrifying report out details the reason why 63 of America’s largest cities are completely broke: debt and overspending.

Hard times on the horizon due to past Fed policy

 
Two parts to the above video. 
Both the post and videos get a bit into the weeds, but are most informative as to which way the wind is blowing.
Bottom line, the Fed has blown it.
 

Peter Schiff — A December to Remember — 2019 Recession Means 2020 Socialism ( This is About the Elite vs We The People )
by Amy S.

The sad thing is that people believe this is about Republicans and Democrats. It’s NOT. They are two wings same bird. They all serve the same corporate masters. This is about the elite vs We The People. Time for the world to wake the hell up. And as soon as this economy tanks it will be yellow vest time in America.

Not a Crash, but Regular Volatility – But let’s talk about another big down Monday. As I suggested when I did my podcast on Friday, I’m still thinking that there is a possibility of a Black Monday type event this year. I said we were running out of Mondays because we only had 3 left, and now one down. This, again was not a crash, but the Dow did close down better than 500 points. At one point, we were down over 600. You know, these big drops are not becoming a recurring event – they add up, right? Worst December Start Since 1980 – If you look at the charts, we look extremely vulnerable to a big drop. I read that already, we’re off to the worse start for a December since 1980. That was really the end of the last bear market. We had a bear market that went from 1966 to 1982, so the last time we had a December this week was at the tail end of that long-term secular bear market.