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(The Economic Collapse Blog)—If you are still able to afford a decent home, you should consider yourself to be incredibly blessed, because vast numbers of Americans do not have a permanent place to live at this point. Homelessness in the United States is at the highest level ever recorded, and it has been growing at the fastest pace ever recorded. The homeless encampments that have been popping up all over our major cities have been making lots of headlines in recent years, but many of the homeless live and die in very isolated places far from public view. What I am about to share with you should deeply sadden all of us.
Way back in the woods in southwest Florida, trails that have been made out of discarded carpets lead to absolutely enormous homeless encampments where hordes of homeless people have made homes for themselves.
One man was able to find these infamous “carpet trails”, and he posted footage of them on his YouTube channel…
Coastal areas of southern Florida are very popular among the homeless because the nights never get too cold even during the winter.
But there are plenty of other hazards, and just trying to stay alive can be a real struggle.
Of course the west coast is dealing with an even greater crisis.
In Portland, homeless encampments have taken over vast stretches of the city and nobody seems to have any solutions.
KATU recently visited one of the most notorious homeless encampments, and they discovered that it has gotten even bigger since the last time they visited it…
This is what a collapsing society looks like.
Poverty and hunger are spreading like wildfire, and the deplorable conditions in many of our core urban areas are being openly mocked all over the globe.
In fact, in China they are actually “producing documentaries on the collapse of American cities”…
The Chinese are now producing documentaries on the collapse of American cities. What this showcases is the grim aftermath of decades of deindustrialization, disastrous progressive policies, and an opioid crisis—ironically fueled by China.
“Chinese are making documentaries about ultra-extreme poverty and decaying cities since they don’t exist in China anymore,” X user S.L. Kanthan wrote in a recent post, accompanied by a short clip from the documentary highlighting the implosion of Oakland, California.
Since the video was narrated in Chinese, X user TranslateMom translated some of the captions, which said, “Everywhere is garbage … People don’t live in places. There are wanderers everywhere.”
One of the primary reasons why so many people are forced to live in the streets is because housing has become ridiculously unaffordable.
If you can believe it, there are now 237 U.S. cities where “buyers will find a price tag of $1 million or more on the typical starter home”…
A million-dollar price tag no longer means lavish and luxurious living. In more than 200 U.S. cities, buyers will find a price tag of $1 million or more on the typical starter home, a new Zillow® analysis finds.
The typical “starter home” — defined for this analysis as being among those in the lowest third of home values in a given region — is worth at least $1 million in 237 cities, the highest number of cities ever. Five years ago, there were only 84 such cities.
That is nuts! Who can afford to pay a million bucks for a “starter home”? This is what rampant inflation has done to us.
It has absolutely eviscerated our standard of living, and ordinary Americans such as you and I are feeling a tremendous amount of pain right now.
According to Zillow, California, New York and New Jersey are the states that have the most cities where a typical “starter home” costs at least a million dollars…
Exactly half of all states have at least one city with a typical starter home worth $1 million or more. There are 117 such cities in California, well ahead of New York (31) and New Jersey (21), which have the second- and third-highest numbers. Florida and Massachusetts round out the top five with 11 each.
Among metropolitan areas, the New York City metro, which includes parts of New Jersey and Pennsylvania, has the most cities with million-dollar starter homes at 48. The San Francisco metro has the next highest count at 44, followed by Los Angeles (35), San Jose (15), and Miami and Seattle, each with eight. Irvine, with a population of more than 300,000, is the biggest city with $1 million starter homes.
Of course California is also being overwhelmed by homeless encampments right now too.
Progressive policies have resulted in a chronic shortage of affordable housing, and that isn’t going to change any time soon.
Sadly, conditions are only going to get worse all over the nation because our economic momentum is rapidly taking us in the wrong direction.
For example, we just learned that credit card delinquency rates have risen to the highest level ever recorded…
A growing number of Americans are falling behind on their monthly credit card payments as they continue to battle high inflation and interest rates.
New data published by the Federal Reserve Bank of Philadelphia shows that credit card delinquency rates in the first quarter of 2024 rose to the highest level since 2012, when the Fed began tracking the data. All stages of credit card delinquency — 30, 60 and 90 days past due — rose during the first three months of the year.
And another major retailer just went bankrupt and is closing lots of stores…
Home goods retailer Conn’s HomePlus filed for Chapter 11 bankruptcy protection Tuesday and announced plans to close at least 70 locations across 13 states.
On its website, Conn’s says it will close 18 locations in Florida, nine in Texas and seven in Arizona. Other states that will see stores close include Virginia, Colorado, Mississippi and Oklahoma, among others.
Everywhere you look, there is suffering.
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But for the moment, those at the very top of the economic food chain are still thriving.
In fact, the wealthiest one percent have actually gotten 42 trillion dollars wealthier during the past decade…
The world’s richest one percent increased their fortunes by a total of $42 trillion over the past decade, Oxfam said Thursday, ahead of a G20 summit in Brazil where taxing the super-rich tops the agenda.
Despite this windfall, taxes on the rich had plummeted to “historic lows”, the NGO added, warning of “obscene levels” of inequality with the rest of the world “left to scrap for crumbs”.
A day of reckoning is coming for them too.
In fact, a day of reckoning is rapidly approaching for the entire planet.
Our system is fundamentally flawed, and decades of really bad decisions have brought us to a breaking point.
So please don’t look down on those that have lost their homes and have no place to live, because lots more people will be joining them soon.
Michael’s new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.
‘Merely Coincidental’: Secular Scientist Work Overtime to Explain Away the Miracles of Christ
by Harbingers Daily
Was the miracle of Jesus feeding the 5,000 with just five loaves and two fish a little less than miraculous? Well, that’s what a group of scientists are claiming in a recent paper published in a scientific journal. Instead of a supernatural provision by the Lord, they claim the feeding…
Google Hosts Party for Democratic Operatives Plotting To ‘Resist the Republican Agenda’
by Free Beacon
The resistance’s bar tab is on Google. Priorities USA, a top Democratic super PAC with an affiliated dark money group, is convening a summit of left-wing digital activists on Wednesday afternoon to deliver a post-mortem on Vice President Kamala Harris’s election loss and strategize how to “resist the Republican agenda,”…
“The Correction Before the Surge”: Why Gold and Silver’s Future Is Brighter Than Ever
by Sponsored Post
It was long overdue by most estimates. Precious metals prices have been steadily rising for far longer than even the …
Ukraine Denies Reports From Think Tank That It Is Months Away From Developing a Nuclear Weapon
by Natural News
Ukraine has denied reports suggesting it could develop a nuclear weapon soon, following claims by a Ukrainian military think tank. The report, published by the Ukrainian think tank and nongovernmental organization the Center for Army, Conversion and Disarmament Studies, claimed that Kyiv could use spent nuclear fuel from its remaining…
Alex Jones Reveals Elon Musk Saved Infowars From Being Sold to The Onion
by End Times Headlines
Alex Jones has declared ‘the cavalry is here’ as attorneys for Elon Musk’s X jumped in to help put a temporary pause on the sale of his controversial Infowars to The Onion. The satirical news publication said the bid was sanctioned by the families of Sandy Hook Elementary victims who…
FBI Whistleblower Says FBI Intentionally Blocking Security Clearances for Trump Officials
by The Conservative Treehouse
It should not come as a surprise to see the same methods deployed against President Trump in 2024 that were used by the FBI in 2016. The difference is now that President Trump understands the full power of his office in the security clearance process and that he doesn’t need…
Pastor Greg Locke Burns Voodoo Doll He Claims Was Found on His Property
by End Times Headlines
Even amid ongoing warfare, we are called to stand firm on the Word of God. Pastor Greg Locke knows well the spiritual and physical attacks directed at him; he was recently targeted by a gunman. Now, he faces another spiritual assault, this time from someone attempting to place a curse…
Trump’s Incoming FCC Chief Already Putting Target on Big Tech ‘Censorship Cartel’
by WND
Social media companies have become a “cartel” for suppressing information with which they disagree, and that agenda now is going to be getting the attention of Brendan Carr, President-elect Donald Trump’s pick to be the chairman of the Federal Communications Commission. It was social media companies who played a role…
Sabotage: Two Undersea Internet Cables Connecting Four NATO Nations Were Severed
by Publius
Many in the international community are claiming sabotage as the only viable explanation for two fiber optic internet cables in the Baltic Sea being severed less than 24-hours apart. Fingers are being pointed at Russia as one of the the cables connected NATO nations Germany and Finland. The latter was…
Pennsylvania Supreme Court Orders Democrats to Immediately End Counting of Illegal Ballots
by Infowars
The Pennsylvania Supreme Court on Monday ordered Democrats in several counties to immediately halt their unlawful counting of illegal ballots in the Senate race recount. The Pennsylvania Supreme Court had ruled before the election that mail-in ballots lacking formally required signatures or dates should not be included in official results….
22-Year-Old Woman With Depression Was Almost Euthanized, She Changed Her Mind Right Before She Was Killed
by Life News
Why do you oppose euthanasia, Wesley? If people want to die, we should help them die. No. And here’s an individual example explaining just one reason why. A deeply depressed woman was about to be lethally injected in the Netherlands — but changed her mind just in the nick of…
“Massive Breach”: T-Mobile Network Hacked by Chinese State Sponsored Intelligence
by Tyler Durden, Zero Hedge
(Zero Hedge)—Where’s John Legere in a pink t-shirt when you need him? Among the multiple stories over the last few weeks about Chinese intelligence and hackers either attempting to, or outright gaining access, to U.S. cell phone networks (with reports stating President Trump and his team were targeted), comes news…
Trump’s Idea to Shut Down Department of Education Gets High Five From Top Christian Evangelist
by WND
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Experts Sound Alarm Over ‘Shocking’ Spike in Strokes Among ‘Healthy’ Young People
by Slay News
Health experts have issued a chilling warning to the public over a “shocking” spike in strokes among “healthy” young people. The “alarming” surge was identified in official UK government data. The data shows that recorded cases of deadly strokes skyrocketed in 2023 and continued soaring this year. In 2023/24, the…
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