AMERICAN DREAM vs CHINESE DREAM - Why I No Longer Live in U.S.

The Chinese do not plan to live in a world dominated by the U.S. dollar for much longer. Chinese leaders have been calling for the U.S. dollar to be replaced as the primary global reserve currency for a long time, but up until now they have never been very specific about what they would put in place of it. Many have assumed that the Chinese simply wanted some new international currency to be created. But what if that is not what the Chinese had in mind? What if they have always wanted their own currency to become the single most dominant currency on the entire planet? What you are about to see is rather startling, but it shouldn’t be a surprise. When it comes to economics and finance, the Chinese have always been playing chess while the western world has been playing checkers. Sadly, we have gotten to the point where checkmate is on the horizon. The 25 statistics that you are about to read are solid proof that the middle class in America is being systematically wiped out. Once upon a time, the United States had the largest and most prosperous middle class in the history of the world. It seemed like almost everyone owned a home, had a couple of nice vehicles and could provide a very comfortable lifestyle for their families. Sadly, that has all changed. In America today, prices are rising at a very brisk pace but incomes are not. There aren’t nearly enough jobs for everyone anymore, and most of the jobs that are being “created” are jobs that pay very little.

McDonald’s workers who are unable to pay their bills or stay above the poverty line should find help from food pantries or enlist in government benefit programs instead of seeking higher wages, according to a company resource line meant to help employees.

Nancy Salgado has worked for the fast-food corporation for over 10 years yet still earns $8.25 an hour, barely more than the $7.25 federal minimum wage. With help from the worker’s rights group Low Pay Is Not Ok, she phoned the company’s employee hotline, known as McResource, attempting to find some answers on how to improve her situation. 14. Back in 1999, 64.1 percent of all Americans were covered by employment-based health insurance. Today, only 54.9 percent of all Americans are covered by employment-based health insurance. cops police brutality arrest On top of all the other problems being faced by Americans – low wages, lackluster job growth, increased medical care costs, rising prices on essential goods, and more taxes to name a few

25. An increasing number of Americans do not even believe that they have a pleasant retirement to look forward to. One recent survey found that the percentage of middle class Americans that “plan to work until they die” is now higher than ever. By contrast, tuition in the United States at public and private colleges has risen steeply over the past 10 years. Even worse, private for-profit colleges have proliferated around the country, with enrollment growing by 225 percent from 1998 to 2008. These colleges prey on low-income students, leaving many deep in debt, without a degree and in low-paying jobs that bear little resemblance to the descriptions in for-profit college’s recruitment pitches and late-night television ads.

There are 35 states in this country in which it is better to accept welfare than work at an entry level job. Much like crack cocaine or heroin addicts, much of our nation is hopelessly addicted to living in the welfare state or on unsustainable levels of credit. With currencies being rapidly devalued by their respective governments, the global economy in a slow-down, and tensions over resources heating up around the world, it’s time to start considering the endgame. America sits on the brink of the largest financial and economic collapse in the history of the world and the recent drop in the price of oil could be the Black Swan no one saw coming.





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