The U.S. Is At The Center Of The Global Economic Meltdown

Tyler Durden's picture

Submitted by Brandon Smith via,

While the economic implosion progresses this year, there will be considerable misdirection and disinformation as to the true nature of what is taking place. As I have outlined in the past, the masses were so ill informed by the mainstream media during the Great Depression that most people had no idea they were actually in the midst of an “official” depression until years after it began. The chorus of economic journalists of the day made sure to argue consistently that recovery was “right around the corner.” Our current depression has been no different, but something is about to change.

Unlike the Great Depression, social crisis will eventually eclipse economic crisis in the U.S. That is to say, our society today is so unequipped to deal with a financial collapse that the event will inevitably trigger cultural upheaval and violent internal conflict. In the 1930s, nearly 50% of the American population was rural. Farmers made up 21% of the labor force. Today, only 20% of the population is rural. Less than 2% work in farming and agriculture. That’s a rather dramatic shift from a more independent and knowledgeable land-utilizing society to a far more helpless and hapless consumer-based system.

What’s the bottom line? About 80% of the current population in the U.S. is more than likely inexperienced in any meaningful form of food production and self-reliance.

The rationale for lying to the public is certainly there. Economic and political officials could argue that to reveal the truth of our fiscal situation would result in utter panic and immediate social breakdown. When 80% of the citizenry is completely unprepared for a decline in the mainstream grid, a loss of savings through falling equities and a loss of buying power through currency destruction, their first response to such dangers would be predictably uncivilized.

Of course, the powers-that-be are not really interested in protecting the American people from themselves. They are interested only in positioning their own finances and resources in the most advantageous investments while using our loss and fear to extract more centralization, more control and more consent. Thus, the hiding of economic decline is enacted because the decline itself is useful to the elites.

And just to be clear for those who buy into the propaganda, the U.S. is indeed in a speedy decline.

In 'Lies You Will Hear As The Economic Collapse Progresses', published in summer of last year, I predicted that “Chinese contagion” would be used as the scapegoat for the downturn in order to hide the true source: American wealth destruction. Today, as the Dow and other markets plummet and oil markets tank due to falling demand and glut inventories, all we seem to hear from the mainstream talking heads and the people who parrot them in various forums is that the U.S. is the “only stable economy by comparison” and the rest of the world (mainly China) is a poison to our otherwise exemplary financial health. This is delusional fiction.

The U.S. is the No. 1 consumer market in the world with a 29% overall share and a 21% share in energy usage, despite having only 5 percent of the world’s total population. If there is a global slowdown in consumption, manufacturing, exports and imports, then the first place to look should be America.

Trucking freight in the U.S. is in steep decline, with freight companies pointing to a “glut in inventories” and a fall in demand as the culprit.

Morgan Stanley’s freight transportation update indicates a collapse in freight demand worse than that seen during 2009.

The Baltic Dry Index, a measure of global freight rates and thus a measure of global demand for shipping of raw materials, has collapsed to even more dismal historic lows. Hucksters in the mainstream continue to push the lie that the fall in the BDI is due to an “overabundance of new ships.” However, the CEO of A.P. Moeller-Maersk, the world’s largest shipping line, put that nonsense to rest when he admitted in November that “global growth is slowing down” and “[t]rade is currently significantly weaker than it normally would be under the growth forecasts we see.”

Maersk ties the decline in global shipping to a FALL IN DEMAND, not an increase in shipping fleets.

This point is driven home when one examines the real-time MarineTraffic map, which tracks all cargo ships around the world. For the past few weeks, the map has remained almost completely inactive with the vast majority of the world’s cargo ships sitting idle in port, not traveling across oceans to deliver goods. The reality is, global demand has fallen down a black hole, and the U.S. is at the top of the list in terms of crashing consumer markets.

To drive the point home even further, the U.S. is by far the world’s largest petroleum consumer. Therefore, any sizable collapse in global oil demand would have to be predicated in large part on a fall in American consumption. Oil inventories are now overflowing, indicating an unheard-of crash in energy use and purchasing.

U.S. petroleum consumption was actually lower in 2014 than it was in 1997 and 25% lower than earlier projections predicted. A large part of this reduction in gas use has been attributed to fewer vehicle miles traveled. Though oil markets have seen massive price cuts, the lack of demand continued through 2015.

This collapse in consumption is reflected partially in newly adjusted 4th quarter GDP forecasts by the Federal Reserve, which are now slashed down to 0.7%.  And remember, Fed and government calculate GDP stats by counting government spending of taxpayer money as "production" or "commerce".  They also count parasitic programs like Obamacare towards GDP as well.  If one were to remove government spending of taxpayer funds from the equation, real GDP would be far in the negative.  That is to say, if the fake numbers are this bad, then the real numbers must be horrendous.

And finally, let’s talk about Wal-Mart. There is a good reason why mainstream pundits are attempting to marginalize Wal-Mart’s sudden announcement of 269 store closures, 154 of them within the U.S. with at least 10,000 employees being laid off. Admitting weakness in Wal-Mart means admitting weakness in the U.S. economy, and they don’t want to do that.

Wal-Mart is America’s largest retailer and largest employer. In 2014, Wal-Mart announced a sweeping plan to essentially crush neighborhood grocery markets with its Wal-Mart Express stores, building hundreds within months. Today, those Wal-Mart Express stores are being shut down in droves, along with some supercenters. Their top business model lasted around a year before it was abandoned.

Some in the mainstream argue that this is not necessarily a sign of economic decline because Wal-Mart claims it will be building 200 to 240 new stores worldwide by 2017. This is interesting to me because Wal-Mart just suffered its steepest stock drop in 27 years on reports that projected sales will fall by 6% to 12% for the next two years.

It would seem to me highly unlikely that Wal-Mart would close 154 stores in the U.S. (269 stores worldwide) and then open 240 other stores during a projected steep crash in sales that caused the worst stock trend in the company’s history. I think it far more likely that Wal-Mart executives are attempting to appease shareholders with expansion promises they do not plan to keep.

I am going to call it here and now and predict that most of these store sites will never see construction and that Wal-Mart will continue to make cuts, either with store closings, employee layoffs or both.

As the above data indicates, global demand is disintegrating; and the U.S. is a core driver.

The best way to sweep all these negative indicators under the rug is to fabricate some grand idea of outside threats and fiscal dominoes. It is much easier for Americans to believe our country is being battered from without rather than destroyed from within.

Does China have considerable fiscal issues including debt bubble issues? Absolutely. Is this a catalyst for global collapse? No. China’s problems are many but if there is a first “domino” in the chain, then the U.S. economy claims that distinction.

China is the largest exporter in the world, not the largest consumer. If anything, a crash in China’s economy is only a REFLECTION of an underlying collapse in U.S. demand for Chinese goods (among others). That is to say, the mainstream dullards have it backward; a crash in China is a herald of a larger collapse in U.S. markets. A crash in China is a symptom of the greater fiscal disease in America. The U.S. is the primary cause; it is not the victim of Chinese contagion. And the crisis in the U.S. will ultimately be far worse by comparison.

I wrote in 'What Fresh Horror Awaits The Economy After Fed Rate Hike?', published before Christmas:

"Market turmoil is a guarantee given the fact that banks and corporations have been utterly reliant on near-zero interest rates and free overnight lending from the Fed. They have been using these no-cost and low-cost loans primarily for stock buybacks, purchasing back their own stocks and reducing the number of shares on the market, thereby artificially elevating the value of the remaining shares and driving up the market as a whole. Now that near-zero lending is over, these banks and corporations will not be able to afford constant overnight borrowing, and the buybacks will cease. Thus, stock markets will crash in the near term.


This process has already begun with increased volatility leading up to and after the Fed rate hike. Watch for far more erratic stock movements (300 to 500 points or more) up and down taking place more frequently, with the overall trend leading down into the 15,000-point range for the Dow in the first two quarters of 2016. Extraordinary but short lived positive increases in the markets will occur at times (Christmas and New Year’s tend to result in positive rallies), but shock rallies are just as much a sign of volatility and instability as shock crashes."

Markets moved immediately into crash territory after the new year began. This was an easy prediction to make and one that I have been reiterating for months — just as the timing of the Fed rate hike was an easy prediction to make, based on the Fed’s history of deliberately increasing instability through bad policy as the economy moves into deflationary spirals. The Fed did it during the Great Depression and is doing it again today.

It is no coincidence that global markets began to tank after the first Fed rate hike; no-cost overnight lending to banks and corporations was the key to maintaining equities in a relatively static position.  As the U.S. loses momentum, the world loses momentum.  As the Fed ends outright stimulation and manipulation, the house of cards falls.

I have said it many times and I’ll say it yet again: If you think the Fed’s motivation is to prolong or protect the U.S. economy and currency, then you will never understand why it takes the policy actions it does. If you understand and accept the fact that the Fed is a saboteur working carefully and incrementally toward the destruction of the U.S. to make way for a new globally centralized system, everything falls into place.

To summarize, the U.S. economy as we know it is not slated to survive the next few years. Read my article 'The Economic Endgame Explained' for more in-depth information on why a collapse is being engineered and what the openly admitted goal is, including the referenced 1988 article from The Economist titled “Get Ready A World Currency In 2018,” which outlines the plan for a reduction of the dollar and the U.S. system in order to make way for a global basket reserve currency (Special Drawing Rights).

It is astonishingly foolish to assume that even though the U.S. has held the title of king of global consumption share for decades, that our economy is somehow not a primary faulty part in the sputtering global economic engine.  Economies are falling because demand is falling.   Demand is falling because Americans are not buying.  Americans are not buying because Americans are broke. Americans are broke because central bank policy has created an environment of wealth destruction. This wealth destruction in the U.S. has been ongoing, but only now is it becoming truly visible.  The volatility we see in developing nations is paltry compared to the financial chaos we now face.  Anyone who attempts to dismiss the dangers of a U.S. breakdown or the threat to the unprepared public is either an idiot, or they are trying to divert and distract you from reality. The coming months will undoubtedly verify this.

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Tinky's picture

In times like these, I always like me some Brandon.

Cliff Claven Cheers's picture

It will become obvious in the next recession that many of these debts will never be serviced or repaid, and this will be uncomfortable for a lot of people who think they own assets that are worth something


Troglodyte Erudite's picture

a lot of people who think they own assets that are worth something


Fed Supporter's picture

assets that are worth something


forexskin's picture

some good old fashioned doom porn - beats rubbing one out to the SOTU.

Latina Lover's picture

Doom porn?  Imagine what would happen if the EBT (food voucher) cards stopped working, Do you think that the welfare mama's with 6 kids from 8 different fathers will stop eating out of respect for your property rights?

forexskin's picture

depends on what they're eating - if they get frisky enough, some very small, very fast property will likely be called upon to restore balance.

nice rack, btw.

CapnJackDaniel's picture

Long Brawndo. It's got electrolytes. 

forexskin's picture

+1 on the idiocracy ref. mike judge is a fracking genius.

the only way to avoid that future is for stupit to become much more painful, and for clownbux to NOT be useful as an immunitant.

Father Thyme's picture
Father Thyme (not verified) forexskin Jan 20, 2016 11:08 PM

President Comancho!

Never One Roach's picture

Thousands Apply to U.S. to Forgive Their Student Loans, Saying Schools Defrauded Them .... Borrowers owing $164 million have stepped forward in the past 6 months, citing a previously obscure federal law




Deny their claims and let them sue the schools that “defrauded” them. Why should taxpayers take it the butt?


Father Thyme's picture
Father Thyme (not verified) Never One Roach Jan 20, 2016 11:55 PM

“I feel robbed of my life,” wrote one student who said she owes $114,000 in federal student debt—most of it in her mother’s name—for her time at a branch of the Art Institutes chain of for-profit schools. “Even after paying my student loans on time and in full every month for over seven years, I’ve barely made a dent.”

I hate that girl.

I hate that girl's mother.

I hate that girl's professors.

I hate that girl's lender.

I hate that girl's voting block.

I want to see them all burn in hell, or at least drowned in a huge flood.

Long misanthropy.


"The God of the Old Testament is one vicious and vindictive spirit – and, right now, right at this moment in time, that is just what you need to be."

Sunday, January 17, 2016

pac522's picture

Become a carpenter, build your own cross.

Erudite Redneck's picture
The Arm of God

Behold, the Lord God comes with might, and his arm rules for him; behold, his reward is with him, and his recompense before him. He will tend his flock like a shepherd; he will gather the lambs in his arms; he will carry them in his bosom, and gently lead those that are with young (Isaiah 40:10–11, esv).

Have you ever given much thought to God’s arms? (“God has arms?” you might be wondering.) When God describes His arms, He doesn’t tell us their circumference or how much He can lift—those are human, physical terms, like the jock showing off at the gym. But God’s description of His arms tells us some awesome things about Him. In fact, the dual description of God’s arms in this passage shows us His power and His comfort.

“Behold, the Lord God comes with might, and his arm rules for him.” When the Bible talks about God’s right arm, it refers to His powerful, ruling arm—His justice, His holiness, and His strength. God is like that. He is all that and more.

But then the very next verse describes His tender shepherd arm. “He will tend his flock like a shepherd; he will gather the lambs in his arms; he will carry them in his bosom, and gently lead those that are with young.” If you’ve spent any time in church, sadly you’ve probably heard one extreme or the other: a ton of preaching about the transcendent, holy, awesome Judge or a ton of preaching about the tender, loving, merciful Shepherd. But He’s both, right? In this passage we clearly see both. Don’t let God’s nearness minimize His transcendence nor let His transcendence make you think He isn’t very aware of you individually.

Imagine a shepherd in the fields, and this gives you a picture of God. A shepherd can oversee hundreds of sheep, but he holds only one at a time. He gathers the lambs one by one in his arms. The point here is that this awesome God cares for you. Personally. Individually. Yes, He’s guarding a big flock, but when He cares for the lambs, He tends to them one by one. This is God’s love for you. Personal. Individual. Attentive. Aware. Devoted. That’s how He cares for you.

When He carries His lambs, He holds them “in his bosom.” Picture that. He doesn’t hold us awkwardly squirming at arms’ length. No, He draws us close, right to His own heart.

And He will “gently lead those that are with young.” The sheep that is about to give birth has special needs, and the shepherd accommodates those needs. In the same way, when our needs are great, the Lord is that much more attentive to us. Some of us are at a point of acute need right now in our business or in our family. God knows what it is. And just as pressing as that need is, His attention matches that. He’s on it! He is right there, gently leading those whose circumstances demand additional care.

So which one is He—mighty or tender? Yes. His arm is a picture of absolute power and unconditional love.

That’s your King. That’s your Shepherd.

RockySpears's picture

“Do you read the Bible, Brett? Well there’s this passage I’ve got memorized – sort of fits this occasion. Ezekiel 25:17.”

“The path of the righteous man is beset on all sides by the iniquities of the selfish and the tyranny of evil men. Blessed is he, who in the name of charity and good will, shepherds the weak through the valley of darkness, for he is truly his brother’s keeper and the finder of lost children. And I will strike down upon thee with great vengeance and furious anger those who would attempt to poison and destroy my brothers. And you will know my name is the Lord when I lay my vengeance upon thee.”

TBT or not TBT's picture

Which does not appear in any translation.  

Jtrillian's picture

This article is SPOT ON!  It clearly lays out that the decline in China is directly related to the decline of the middle class.  Less consumers due to exhorbant greed and widespread corruption have created a deflationary spiral, or a tipping point.  China will recover.  They make stuff.  They still have 6 pct GDP (as though it were a BAD NUMBER).  They have been buying all the gold they can in preparation for the global reset. 

Outside of the military industrial complex, the US makes very little by comparison.  What exports we do have are laden with pesticides and people are increasingly refusing our food exports because who wants to be poisoned?  The vast majority of Americans have less than one month of savings on hand if hard times hit.  Today, the USA has more people dependent on government social benefits than at any other time in our history (including the Great Depression).  These programs will quickly become overwhelmed when the next crisis strikes.  This week our own givernment refused an audit of the FED.  While the vast majority of Americans support an audit, they act as though they have something to hide.

What people need to understand is that when extremely wealthy individuals hoard their wealth (and do not creat jobs), it is opportunity lost for the masses.  Today, we have extreme wealth inequality in the face of consistent declining median average incomes.  If trickle down economics worked, this would not be the case.   Instead, the middle class is becomming a thing of the past. 

We are rapidly returning to a feudal system.  The rich will have their servants, they will be protected by the military, and then there will be EVERYONE ELSE in extreme poverty. 

There is a problem with this model.  Every time in our history that such extreme wealth inequality was able to occur, the oppressed masses revolted against the aristocrats.  This is true with the Russian revolution, the French revolution, and even the American revolution. 

There was once a time in this country where the wife could stay at home, take care of the children, and a single income earner could provide a decent life for their family.  Today, with BOTH parents working, barely spending time with their kids and constantly worn out, can only manage to live paycheck-to-paycheck.  Let this be a sharp example of just how far the middle class has declined. 

But don't worry.  Take this cookie.  As soon as you close this tab you'll feel right as rain.  You'll tell yourself you don't buy any of this ZH bull$hit and that if the poor would just get off their lazy butts, and get a job then we wouldn't have the problems we have today.  Are there no work houses?  Are there no prisons? 

mtl4's picture

This article highlights why we are setting up for a huge headfake in the markets coming up as big money looks for a place to park..........a rip your face off market rally will defy all logic until you look at capital flows.   Watch for foreign governments to start swicthing to electronic currency to stop those flows but that will only heat up the action even more.

skipjack's picture

Talk about buying the actually believe China's numbers ?!?


bwahahahaha sucks to be you

pac522's picture

That is a tasty burger.

Trogdor's picture

If you’ve spent any time in church, sadly you’ve probably heard one extreme or the other: a ton of preaching about the transcendent, holy, awesome Judge or a ton of preaching about the tender, loving, merciful Shepherd.

So, I kind of picture God as a teddy bear ...... with an XM-134.

JK.  I do often think of the bible verse "Vengeance is mine, sayeth the Lord" ... and I think, Man, we sure could use a little of that "vengeance" about now.  I'm not asking for countries to be wiped out, but a few strategic douchebags meeting their end in some interesting ways (like falling off their yacht and being eaten by pirhana ... or having a sink hole open up and swallow Davos) would go a loooong way toward bolstering my faith....

mt paul's picture

walmart crosses.... made in china
7.98 with free crucifixion spikes

PT's picture

But she had to ignore mathematics otherwise she would have realized how poor she woz / what a loser she woz.  Gotta have the trinkets to keep up your status in the herd, otherwise everywun ignores you ...

... The whole herd gotta ignore mathematics so no-one realizes what losers they are ... gotta have the trinkets to keep up the status ...

Cadavre's picture

Article says:

What’s the bottom line? About 80% of the current population in the U.S. is more than likely inexperienced in any meaningful form of food production and self-reliance.

Me say:

No so. We see the yield of our husbandry fattening for harvest everyday on CSPAN - meat, sweet off de bone, spit roasted, Vlad style, to perfection over the coals of the hatched and fledged Phoenix.

BRK A and BRK B are dropping like a 42ed St crack whore to de knees - emptying one pipe to fill another..

Around de teeth and through de gums over de tongue an to de tummy tum tum  yummy yum yum.

Maybe it's time to check Berkshires most recent 13F at the SEC.

Knowing dat derivative swaps, like swaptions, currency rate swaps (fixed/fixed) and (fixed/float), plain ole fixed/float bets use, at least the one I noodled, use a "notional" principal, usually a 100Million, to crunch the interest due at pay date.

Depending on the terms both parties may be the payor, or the receiver, pending the net/net of payment amounts. Sometimes, the parties are limited to payor only or receiver only, meaning the receiver, should the positions net/net to a zero or negative difference. With currency rate swaps and a reliable forward COFI and credit spread engine, the parties know when, how much and who gets the taste.

And some swaps agreements include terms allowing parties to quit without cause..

When the gold barkers are screaming Yellen will have to ease, and support that argument cause a big fat derivative demon is gonna eat the world:

ASK ..

1. One could ease to hell and beyond, and still not sucker a taker in.

2) When talking SMEs talk about a really big fat derivative bubble is bout to `splode like a 'that taste like love' load in the knee down 42st workers alimentary intake ..

Might they be over embilishing with that notional (non existing principal risk)  that is used to crunch an interest print?

And, have they crunched all the "swaps" and cull the "quit without cause" agreements.

Federal Agency Bonds have a call risk. The call price and date is assessed by the issuer.

Treasuries don't, unless, and unsurprisingly, the rules have changed. So why do I have this lingering suspicion that DoT is running reverse repo's the London's off book, and shadowy, double secret dark pool custodial shop so dat primaries with treasuries they can't unload in the market, get cash for collateral and margin calls.

Is DoT allowed to do "Bernie Burn-me Madoff" under the counter style cashouts denying ROI due the commons while indebting us more.?

When some is shilling excessive booga booga, why are their words less than factual?




Eminent Domain Watch in effect until further notice,. or until Annonymous, or a patriotic insider,  gets dem double secret executive orders de prez been divining

Blow me  Missy Fed (without your dentures) blow me with all your heart.


SilverDOG's picture

Father Thyme,

Hate breeds nothing but hate.

Hate grows and builds tumors.

Hate expends wastefully the most valuable commodity; time.

Hate covers within, what one should work upon.

Good luck religious self righteous hater.

Got Tumor ?

pac522's picture

You mean we're not taking it in the butt?

847328_3527's picture

U.S. Senate Democrats narrowly blocked legislation on Wednesday that would slow the entry of refugees from Syria and Iraq into the United States in a contentious vote cloaked in presidential election-year politics.


I guess Americans can stop bashing Merkul and better prepare for our own refuse problems as Dems block Repugnican efforts to close Obama's floodgates open wide to tearrists.

Ace006's picture

Only Republicans can have a majority in the Senate and allow the Dems to block them. Dems spat in their faces when they were in the majority and Reps must have gotten to like it.

detached.amusement's picture

What they LIKE is the illegitimate profits on insider trading that allow them to leave office as a millionaire.


What they dont CARE about is that they participate in selling out their countrymen for that priviledge.

Fed Supporter's picture

Hey remember Mako, Trav777, JohnNadler, Project Mahem, said bio weapons were imminent, Leo Keovolitiz or some such stuff,  good old days.  I remember when comment section was completely anon no log ins, shit was real then.

Someone else reminded me of this the other day:  Fuu ZH member made a theme song on you tube for Trav777

Listen for some old time laughs.

Just looked at Fuu's bio he has other theme songs:

Trav's Theme
RobotTrader's Theme:
Max Fischer's Theme:
Charlie Mungers On:
Jamie's Lament:
The Fed vs Carl Orff:

Father Thyme's picture
Father Thyme (not verified) Fed Supporter Jan 21, 2016 12:37 AM

Early Times.

NuckingFuts's picture

That's the third time I saw Trav777 mentioned in today's threads. Got me thinking about him as well. Sometimes wrong but other times spot on and willing to fight to the death over a righteous point. Other times.... I disagreed, but I do miss that part of ZH.

BorisTheBlade's picture

Whatever happened to Cheeky Bastard, that gentleman was almost cosmic, rarely seen anybody being able to put such deep stuff into posts, he was.

And then there was Marla and ZH radio for some time. Oh, good ole early days when there was a place for somewhat tricky captcha.

Going Loco's picture

I think Cheeky Bastard got sick and died. Literally. Could be wrong of course but that's what I remember.

BayofPigs is still around.

BorisTheBlade's picture

I remember Cheeky mentioning he was sick, but was hoping he'd made it. Too bad if it's the case, beautiful mind literally.

Bendromeda Strain's picture

Marla is off somewhere perfecting her skills with that HK.

TBT or not TBT's picture

When that happens, best arm yourself a little moreso than usual.   Keep one in the pipe if you don't already.  Practice your draw under duress.   Always have a plan to get back to wherever it is you have readied your primary weapon.   Having kids in the house makes this quite a lot more procedural.  

Cliff Claven Cheers's picture

SOROS: Europe on the verge of collapse...


"As she (Merkel) correctly predicted, the EU is on the verge of collapse. The Greek crisis taught the European authorities the art of muddling through one crisis after another. This practice is popularly known as kicking the can down the road, although it would be more accurate to describe it as kicking a ball uphill so that it keeps rolling back down."

"Merkel correctly foresaw the potential of the migration crisis to destroy the European Union. What was a prediction has become the reality. The European Union badly needs fixing. This is a fact but it is not irreversible. And the people who can stop Merkel's dire prediction from coming true are actually the German people. "

"Now it's time for Germans to decide: Do they want to accept the responsibilities and the liabilities involved in being the dominant power in Europe?"

847328_3527's picture

5 States Where the Middle Class Is Being Destroyed


Pew Charitable Trusts, through its Stateline blog, has found that the middle class has shrunk in every single state between the years of 2000 and 2013. Naturally, some states have been hit harder than others, but this new insight does indicate that there was truly nowhere to hide from the economic downturn that began in late 2008. The fall in middle class ranks was also accompanied by drops in median income in most states as well.

CapnJackDaniel's picture

I appreciate the sentiment. But 'one in the pipe' and 'kids in the house' gets you a downvote my man. Seriously, even if your kids are safe, one of their idiot mates won't be.

BarkingCat's picture

he is refering to a handgun that is carried on his person..... thus the reference to having a plan to get back to primary weapon.

CapnJackDaniel's picture

One in the pipe means a bullet in the chamber and that mixed with kids in the house is plain stupid. Guns + kids make me nervous. Walk in the door of your house and forget to unrack, what then? It happens man, it's made the news even. Just awful. Not a risk I think anyone should take. But it's your fate, you manage it best you can man

Overfed's picture

I had a Marlin Mod. 70 semi-auto .22lr in my bedroom when I was 8 years old. With ammo. Never one single incident. Proper training is the key.

Appleseed's picture

I love it when you talk dirty to me!

Kagemusho's picture

You don't have to imagine it; someone already has considered that exact same scenario: When the Music Stops

pac522's picture

Only if they respect the brass property that I'll loan them indefinitly.

City_Of_Champyinz's picture

If they are eating my freely supplied lead products, then yes they are going to fucking respect my property rights or they will be in a world of pain.

knukles's picture

Was with a group of guys tonight ... all were worried about financials... very worried.
I tried to explain in simple terms what's going on.
As soon as it was not some External Influence, Temporary in Nature, Detached from the US, their Eyes Glazed Over.

                                     If you don't want an answer, why ask?
                               No, that's not rhetorical... it's deeply philosophical