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ECONOMIC Avalanche Talk Show–is about a Talk Show. It features Average Middle-Class Worker Folks versus Greedy Super-Richie Guy. Both give their opinions on lots of topics such as: The USA\u201dS current financial problems, the deficit, China’s Power, Central Banks, The Fed, treasury Bonds, Crypto-Currencies, etc.<\/p>\n
–The Talk Show moves fast and is funny at times\u2014especially when Greedy Super-Richie Guy gives his opinions.<\/p>\n
–The Reader can learn a lot and get a few chuckles in the process.<\/p>\n
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GOD’S DIGITAL BIBLE\u00a0<\/b><\/p>\n
William Charnow 805.451.7635 godsdigitalbible.com P.O. Box 3992, Santa Barbara, CA 93130\u00a0<\/b><\/p>\n
ECONOMIC Avalanche Talk Show <\/b>— <\/i><\/b>It features Average Middle-Class\u00a0 Worker Folks versus Greedy Super-Richie Guy.\u00a0\u00a0<\/span><\/i><\/p>\n Both give their opinions on lots of topics such as: The USA\u2019 S current financial\u00a0 problems, the deficit, China’s Power, Central Banks,\u00a0\u00a0<\/span><\/i><\/p>\n The Fed, treasury Bonds, Crypto-Currencies, etc.\u00a0<\/span><\/i><\/p>\n –The Talk Show moves fast and is funny at times\u2014especially when Greedy Super-Richie\u00a0 Guy gives his opinions.\u00a0<\/span><\/i><\/p>\n –The Reader can learn a lot and get a few chuckles in the process.\u00a0<\/span><\/i><\/p>\n *–Feel Free to PRINT this Book up\u2014and use and distribute it as you want.\u00a0<\/span><\/p>\n Our Books and God’s Digital Bible are all FREE. Any Donations go towards\u00a0<\/span><\/i><\/p>\n helping us continue to do so.\u00a0<\/span><\/i><\/p>\n Thanks,\u00a0<\/span><\/i><\/p>\n William Charnow\u00a0<\/span><\/i><\/p>\n Copyright 2021\/2023 by William Charnow\/all Rights reserved.<\/span><\/p>\n ECONOMIC Avalanche Talk Show\u00a0<\/b><\/p>\n Talk Show Host: What are your thoughts on <\/b>America and its ECONOMIC State?\u00a0<\/b><\/p>\n Average Middle-Class Worker Folks:\u00a0<\/b><\/p>\n Most people and companies thought due to the Covid-19 Flu Epidemic Lock-Down:\u00a0 That there was going to be a short temporary bad Economic time in the USA. Maybe 2-3\u00a0 months max.\u00a0<\/span><\/p>\n A V-Shaped Economy where the USA goes down economically in a Graph, but then\u00a0 shoots back up quickly economically where it was before. Nowadays, the Stock Market\u00a0 has been staying bullish, but many of the middle class, and lower income people are\u00a0 getting ambushed by inflation.\u00a0<\/span><\/p>\n One of the main reasons for the USA’S Financial Mess is that: <\/span>70% of the Economy is <\/span>\u00a0<\/span>driven by Consumer Spending. <\/span>By contrast a Powerful Strong Sound Economy –has\u00a0 mostly a Manufacturing Base that has thriving in demand Exports for all its goods.\u00a0<\/span><\/p>\n Greedy corporations and companies out-sourced America’s manufacturing to mostly\u00a0 China over the last 30 years. And there is No Way to get those tens of millions of\u00a0 Manufacturing Jobs back.\u00a0\u00a0<\/span><\/p>\n Most countries Central Banks (such as European Central Bank, Bank of England) are\u00a0 printing up too much of their own currencies. But the USA prints boatloads more\u00a0 amounts of Money or Currency with –Nothing but Debt Backing behind it. It is diluting\u00a0 its currency at a faster rate than ever before.\u00a0\u00a0<\/span><\/p>\n It is almost like America is just Asking to be Destroyed Economically by massive <\/span>\u00a0<\/span>Inflation –and losing its status as the World’s Reserve Currency.<\/span>\u00a0<\/span><\/p>\n America represents itself to the world as –selfish, arrogant, a braggart, and a Bully\u00a0 threatening Economical Hurt –through Sanctions to any country that opposes it. China,\u00a0 Russia, Saudi Arabia, Iran, India, Venezuela all want a new world order with a new\u00a0 world reserve currency besides the USA currency\/dollars.\u00a0<\/span><\/p>\n The USA makes the whole world pay\/finance for its Credit, Loans, and Debt lavish\u00a0 lifestyle,\u00a0<\/span><\/p>\n that keeps it cruising along instead of going bankrupt and crashing. If it wasn’t for it\u00a0 being –the World’s Reserve Currency.\u00a0<\/span><\/p>\n IF the Dollar Collapses and is Replaced as the World’s Reserve Currency\u00a0 the following are what can happen next:\u00a0<\/b><\/p>\n There is global economic turmoil and confusion. Fearful investors rush to other\u00a0 currencies such as the Euro, gold, silver, and other commodities.\u00a0<\/span><\/p>\n There would be No demand for USA Treasuries, and they would plummet. Interest Rates would rise and keep rising.\u00a0<\/span><\/p>\n Import Prices would skyrocket.\u00a0<\/span><\/p>\n There would be out of control Massive Inflation.\u00a0<\/span><\/p>\n To counter the great Panic in America we believe the USA will put into law a new Govt.\u00a0 Digital Debit Card Currency to be used in all transactions instead of currencies in any\u00a0 other form. It will be like a crypto-currency having a Ledger –that keeps track of every\u00a0 transaction, but it will be –completely controlled by the Govt.\u00a0\u00a0<\/span><\/p>\n The government may Outlaw all other kinds of monetary transactions, cash, credit and\u00a0 debit cards, checks, crypto-currencies, silver, gold, etc. Sadly, the government or ‘Big\u00a0 Brother’ in time may control everyone’s spending.\u00a0\u00a0<\/span><\/p>\n Having a new Govt. Digital Debit Card Currency\u2014<\/span>The Govt. will know every deposit\u00a0 and withdrawal any company or person makes. No longer will there be possible any\u00a0 under the table cash transactions, no more cheating on Taxes or anyone hiding Income or\u00a0 doing off the books stuff. No illegal drug trades can be done because all transactions are\u00a0 clearly recorded and monitored.\u00a0\u00a0<\/span><\/p>\n There will no fears of handling currencies physically and maybe getting a Covid-19\u00a0 transfer. No one can rob someone else because of their having cash, gold or silver coins\u00a0 on their person or nearby. Putting into law this new Govt. Digital Debit Card Currency\u00a0 will calm the people down as they gladly submit to this new Economic Normal in the\u00a0 midst of financial chaos and turmoil everywhere. These will be selling points for the\u00a0 new Govt. Digital Debit Card Currency.\u00a0<\/span><\/p>\n Basically, overall, the USA citizenry lives beyond its means –and doesn’t –save much\u00a0 money. It consumes merchandise and things it didn’t produce. Whereas most of the Rest\u00a0 of the World doesn’t live as lavishly and saves more of their money. And they produce\u00a0 most of the world’s merchandise but don’t consume much of it. A rap star would say\u00a0 \u201cThe world is America’s Bitch.\u201d<\/span><\/p>\n The financial economies of the world\u2019s bigger economies are like a Financial Earthquake with Tremors from time to time and you know.\u00a0<\/span><\/p>\n the Big Devastating Tremors are still yet to come.\u00a0\u00a0<\/span><\/p>\n An Economic Collapse gives way to an –Authoritarian Govt., police state, martial law,\u00a0 and great losses of Freedom. During the Covid-19 Lockdown with all the mask rules,\u00a0 and nowadays current vaccinations requirements for traveling, and being in public\u00a0 places, etc., –most people are used to herd mentality Obeying. So, in the near future\u00a0 most people will obey any laws enacted like good lemmings.\u00a0<\/span><\/p>\n The USA originally was built on honest economic principles of Money. The\u00a0 Constitutional Way Business was supposed to be done was No –Federal Reserve,\u00a0 Central Banks, or Income Taxes. Instead –The Business Commerce Market dictates for\u00a0 itself –with supply and demand.\u00a0<\/span><\/p>\n It used to be in America that if a company failed, it wasn\u2019t bailed out but instead went\u00a0 out of business, or restructured, or another company took over their market with a better\u00a0 company and products etc. All debts, loans, and commerce were paid in silver and gold, and you couldn\u2019t print up money. But later on as America grew so prosperous –paper\u00a0 money had to be used for so many different transactions but Only If it was Backed Up\u00a0 and redeemable –by silver or gold coins.\u00a0<\/span><\/p>\n Nowadays most of the USA and world’s economies are –Debt, Credit, Loans, and\u00a0 dishonest Govt. and Banking practices. When the USA Federal Reserve adds or\u00a0 subtracts interest rates most central banks worldwide do the same in their countries.\u00a0<\/span><\/p>\n God says to America —<\/b>\u201cI made you the Head of all Nations –you Lent to others and\u00a0 did not borrow, but because you don’t want me around anymore in your Business Affairs\u00a0 and Work Environment you are the Tail –you will Borrow and not lend to others\u201d\u00a0 Deuteronomy 28:13.\u00a0\u00a0<\/span><\/p>\n The USA up to the 1970’s was the Head –and the World’s Largest –Creditor Nation\u00a0 Loaner.\u00a0\u00a0<\/span><\/p>\n The USA from the 2000’s to the Present is the Tail –and the World’s Largest –Borrower-Debtor Nation.\u00a0<\/span><\/p>\n Greedy Super-Richie Guy: <\/b>I have a PhD in Economics & International Banking\u00a0 and you Average Middle-Class Worker Folks –just blab off about things, like you know\u00a0 what you are talking about. You are all Ignoramuses! If you’re lucky I’ll let you kiss my\u00a0 big butt like all our clients and employees do. Even in a recession, myself and all my\u00a0 super-rich friends and associates still make the big bucks as usual.\u00a0<\/span><\/p>\n The Govt. and the Federal Reserve are our Saviors and not that God and the Bible\u00a0 nonsense. I and all my friends are Atheists and there is no God.\u00a0\u00a0<\/span><\/p>\n Not many people who want to work are unemployed, and everybody is working. We\u00a0 don’t need any more Manufacturing Jobs because China makes its people do the cheap\u00a0 and slave labor.\u00a0\u00a0<\/span><\/p>\n The USA will always be the World’s Reserve Currency and any country that opposes\u00a0 that will be attacked militarily and wiped off the map.\u00a0\u00a0<\/span><\/p>\n Evolution is not a theory we all came from apes –but us Greedy Super-Richie Guys\u00a0 have evolved into smart cunning predators who are superior to our less intelligent\u00a0 gullible customers and employees.\u00a0\u00a0<\/span><\/p>\n You can’t blame us for making the easy big profits over the dumb subservient to us –Governments, and peoples of the world. Its true most governments and peoples-are our\u00a0 economic Bitches.\u00a0<\/span><\/p>\n Its survival of the fittest and we are the masters and you and your kind — -are our –indebted for life peasants. It\u2019s your own stupid faults –you trusted us. Ha, Ha,\u00a0 Losers.\u00a0<\/span><\/p>\n Myself, and all my fellow 1% Financially Super-Rich friends can’t be blamed for\u00a0 owning governments and peoples who let us rule over them monetarily by getting credit\u00a0 and loans from us. Like you said and even your fake God \u201cUs Lenders are the Head and\u00a0 Master and you and any Govt. are the Borrowers and thus the Slaves and the Tail.\u201d\u00a0\u00a0<\/span><\/p>\n We Rule the USA and you Average Middle-Class Worker Folks and all the working\u00a0 peasants must do what we your Masters tell you to. I can’t stop laughing my buns off at\u00a0 you saying, ‘America will go under Financially’, such a pipe dream of people jealous of\u00a0 us.\u00a0\u00a0<\/span><\/p>\n As long as us super-rich superior intelligent people are in control your best bet is to say\u00a0 you are really sorry and brown-nose us like everybody else does. Ha, Ha!\u00a0<\/span><\/p>\n Average Middle-Class Worker Folks:\u00a0<\/b><\/p>\n The Inflation that comes from America’s Deficit Spending and Printing massive amounts\u00a0 of new Dollars is like a parasite Cancer or Evil on everybody’s money.\u00a0\u00a0<\/span><\/p>\n Its mind boggling to think that in 2020 \u2013<\/span>over 35% of all the Money the USA has Printed <\/span>\u00a0<\/span>Up was done in that one year alone.<\/span><\/p>\n According to a recent Rand Corp (Think Tank) Article in Time Magazine online:\u00a0 <\/b>It says –$50 trillion dollars has been taken from the bottom 99% of households to the\u00a0 top 1% of households in America –over the last 45 years. This comes out to taking\u00a0 $300,000 from every household in the USA.\u00a0\u00a0<\/span><\/p>\n No outside forces did it. It was a result of –Trickle Down Economic Policies Americans chose since 1975. No one stopped the Political Leaders who put the Material Interest of\u00a0 the rich and powerful –above the American people.\u00a0\u00a0<\/span><\/p>\n The $50 trillion Bounty mostly went to wall street, big hedge funds, banks, and the top\u00a0 1% wealthy people. Millionaires and Billionaires on wall street getting rich off the Fed\u00a0 overpaying for bonds of companies.\u00a0<\/span><\/p>\n If Equitable Income Distribution of the years 1945-1974\u2014held steady or the same –then\u00a0 aggregate annual income (<\/span>total income earned by individuals and companies in the\u00a0 economy.<\/span>)\u00a0<\/span><\/p>\n It was 2.5 trillion more or higher for the top richest 1% in 2020 than for the bottom 99% <\/span>\u00a0<\/span>of wage earners. <\/span>\u00a0<\/span><\/p>\n This over the years (1975-2020) works out to –taking about $1,100 every month every\u00a0 year from the bottom 99% of every wage earner in America.\u00a0<\/span><\/p>\n Policies and Monies from the government are supposed to help out and trickle down\u00a0 good to the bottom 99% of wage earners.\u00a0<\/span><\/p>\n But instead, it seems like they are sucked or vacuumed upstairs to the 1% instead. It <\/span>\u00a0<\/span>seems like a Rigged System, <\/span>and the financial super rich elites better hope the ignorant\u00a0 gullible working class never finds out how they have been financially duped\/screwed\u00a0 over all these years.\u00a0<\/span><\/p>\n Lobbyists and Donors are controlling many Politicians. Many Politicians are Puppets\u00a0 while in office –voting for whatever the lobbyists and their big donors want done.\u00a0\u00a0<\/span><\/p>\n They slyly take no bribes while in office: But when –leaving office, –they get cushy\u00a0 easy high paying jobs and\/or do speeches for big bucks.\u00a0<\/span><\/p>\n The USA has over 900 military bases in 300 countries to intimidate peoples and\u00a0 governments –to keep the World’s Dollar Hegemony intact or else suffer the\u00a0 consequences like Libya, Iran, Russia, Venezuela, etc. have with painful Economic\u00a0 Sanctions.\u00a0<\/span><\/p>\n If the USA continues on its same Economic Agenda. And –If –the USA Dollar\u00a0 Hegemony of the World is done away with –and then as a direct result the entire USA\u00a0 house of Economic Cards (Banking, Loaning, Excessive Money Printing, and Credit\u00a0 Institutions) will go bust or belly-up.\u00a0\u00a0<\/span><\/p>\n If someday the world goes on the Gold Standard for all currencies –the USA\u00a0 economically will crash and its dollars and\/or currency will super-inflate and eventually\u00a0 become worthless.\u00a0<\/span><\/p>\n Greedy Super-Richie Guy: <\/b>I like Deficits because it means we Richie\u2019s got the\u00a0 Govt. and the people by the financial balls for life. Ha, Ha. I want more Inflation\u00a0 because it raises the worth on all the assets, we give loans on. I don’t give a rat’s pituitary\u00a0 gland about the middle-class and lower income peasants.\u00a0\u00a0<\/span><\/p>\n We gladly took the $50 trillion windfall bounty that we deserved. Understand this: We\u00a0 are the Financial Sharks and you and your kind are the middle-class and low-income\u00a0 tasty Shrimps to be consumed.\u00a0\u00a0<\/span><\/p>\n We haven’t done anything wrong to the masses by shrewdly taking money from them.\u00a0 It\u2019s all perfectly legal. If you want to whine to someone then blame the Govt. for making\u00a0 the policies for our benefit and jerking around the gullible, wimpy, stupid citizenry.\u00a0<\/span><\/p>\n Of course, it\u2019s a rigged system. So, what –it\u2019s always been like that. We get the millions,\u00a0 billions, and trillions of dollars, and you lucky ducks get the trickle-down dollars that we\u00a0 are so generous to give you.\u00a0\u00a0<\/span><\/p>\n We control the USA’S Money Supply so if we tell the Govt. to impose crippling\u00a0 economic sanctions on rebellious countries, they do it right away. And if they fail to\u00a0 obey our every command then off with their heads. Ha, Ha. Let this be a lesson to every\u00a0 country and person, \u201cShut up, and assume the position –doing whatever we tell you or\u00a0 else suffer the consequences.\u201d\u00a0\u00a0<\/span><\/p>\n I really get off on big Deficits and big Loans. The borrowers are our financial slaves for\u00a0 life. And these Financial Slaves all begat more financial slaves. That’s utter rubbish to\u00a0 even think any of the Politicians we have in our Back Pockets –doing our agenda are\u00a0 greedy or tell lies.\u00a0\u00a0<\/span><\/p>\n All our Lobbyists and the Politicians that push our agendas are completely honest. And\u00a0 wouldn’t even think of taking a bribe or receive easy big money after leaving office.\u00a0\u00a0<\/span><\/p>\n Don’t any Govt. mess with us –or we’ll get the USA to kick your butt with Sanctions\u00a0 economically or beat you down with some ground and pound military action.<\/span><\/p>\n Talk Show Host: <\/b>Is CHINA an Economic Threat to the USA?\u00a0<\/b><\/p>\n Average Middle-Class Worker Folks:\u00a0<\/b><\/p>\n The following are Facts about China and any threats to the USA: <\/b>The USA gets about 80% of its Exports from China. Thus, China has the USA\u00a0 dependent on them for getting most of their merchandise to sell. They have a\u00a0 stranglehold on America’s consumer merchandise\/products they want and need.\u00a0<\/span><\/p>\n China has lots of consumer spending, and lots of Exporting from being the World’s\u00a0 Super-Manufacturing Juggernaut.\u00a0<\/span><\/p>\n China is angry about the USA interfering on their South China Seas Military Bases\u00a0 because China wants to control the Taiwan Strait\/the Trade Waterways where 3 trillion worth of goods pass through annually.\u00a0\u00a0<\/span><\/p>\n China considers nearby Taiwan its territory or vassal state just like the USA considers\u00a0 Puerto Rico the same way. Lately, via strong threats by China, against Taiwan, and the\u00a0 USA –the area is heating up for possible military confrontation.\u00a0\u00a0<\/span><\/p>\n China has been sending out more ships in the Taiwan Strait and jets in the Taiwan\u00a0 airspace and also throughout the South China Seas. China’s jets are frequently entering\u00a0 Taiwan’s neutral zone airspace. They constantly say they will conquer Taiwan because it\u00a0 is part of their original country or motherhood.\u00a0\u00a0<\/span><\/p>\n The main reason they want to take over Taiwan is to gain control of the world’s smart <\/span>\u00a0<\/span>chips produced mostly by TSMC or the Taiwan Semi-Conductor Company<\/span>. Having\u00a0 control over TSMC would make China the leader in Artificial Intelligence, leading new\u00a0 technologies and have the rest of the world dependent on them for the newest most\u00a0 advanced Micro Chips.\u00a0\u00a0<\/span><\/p>\n The Chinese are furious for being blamed for the Covid-19 Pandemic by America. A\u00a0 mocking sarcastic high ranking China spokesman said, \u201cThe USA should look in the\u00a0 mirror and see if it still looks like a major country today.\u201d\u00a0<\/span><\/p>\n Former Attorney General William Barr at a July 2020 speech about China said:<\/span> \u201cChina has launched a \u201cEconomic Blitzkrieg to topple the USA.\u201d \u201cThis Threat is the\u00a0 most important development of the century.\u201d\u00a0\u00a0<\/span><\/p>\n \u201cIt has been planned for years and is orchestrated and aggressive to seize the\u00a0 commanding heights of the global economy.\u201d \u201cAnd to pass the USA as the world\u2019s preeminent superpower.\u201d<\/span><\/p>\n \u201cChina wants to raid the USA and control the Trade Waterways.\u201d\u00a0<\/span><\/p>\n \u201cChina wants to monopolize Rare Earth Minerals –that are used widely for consumer\u00a0 electronics, electric vehicles, medical devices, and military hardware.\u201d\u00a0\u00a0<\/span><\/p>\n \u201cChina produces most of the USA’s medical devices. And also –has the most ingredients\u00a0 used for making pharmaceutical drugs.\u201d\u00a0\u00a0<\/span><\/p>\n China’s largest Import is Microchips which they buy over $400 billion dollars of\u00a0 annually. The US has restricted sales of Semi-Conductors to China’s giant corporation\u00a0 Huawei to slow down their 5-G progress.\u00a0<\/span><\/p>\n China can’t make all their own semi-conductors that are up to date –for a Platform for — Phones, 5-G technology, and their new Digital Yuan currency.\u00a0<\/span><\/p>\n China is mad about this low blow to their technology as it holds them back a little.\u00a0<\/span><\/p>\n China never apologizes for any wrongs that they do. Instead, China fires back at\u00a0 accusers\u00a0<\/span><\/p>\n and finds fault with them. And punishes them with tariffs and\/or not selling them a\u00a0 product that they really need.\u00a0\u00a0<\/span><\/p>\n Nobody can bully or threaten China anymore militarily. They won’t back down. because they have lots of modern long- and short-range nuclear missiles. And the USSR\u00a0 is their ally in a war. The USA does not want to fight both China and Russia in any war.\u00a0<\/span><\/p>\n China has been hoarding Gold for decades to back up their different Yuan currencies. So\u00a0 that before and when the dollar collapses their Digital Yuan, Gold Yuan, and Petro Yuan\u00a0 are ready and –able to be used worldwide in a big way for trading deals, etc.\u00a0<\/span><\/p>\n China and Japan have struck a deal to use their own currencies more in trade than the\u00a0 dollar. BRICS (Brazil, Russia, India, China, South Africa) are doing more trades in their\u00a0 own currencies with each other. China and the United Arab Emirates are using their own\u00a0 currencies for some Oil purchases between them.\u00a0\u00a0<\/span><\/p>\n Saudi Arabia and China recently have been talking about trading in the Chinese Yuan. If\u00a0 this happens in the future the Dollar Hegemony may come to an end much sooner. As\u00a0 not using dollars for oil purchases could be a main factor in causing the Dollar to be\u00a0 replaced as the World’s Reserve Currency. China would like its Renminbi (or Yuan) to be\u00a0 the World’s new Reserve Currency.<\/span><\/p>\n The USA helping out and arming Taiwan is angering China more and more. President\u00a0 Biden has said on different occasions that he will defend Taiwan if China attacks it.\u00a0<\/span><\/p>\n If the USA keeps pushing China’s buttons –they may start selling all or a most of their\u00a0 Treasury Bonds from the USA and –flood America with more dollars –and cause faster\u00a0 higher Inflation. Some refer to this action as ‘China’s Nuclear Economic Option’.\u00a0<\/span><\/p>\n If that should occur –Other countries could then become Fearful of their USA Treasury\u00a0 Bonds losing much, or all their value eventually. Thus, as a result, these countries might liquidate their Treasuries.\u00a0\u00a0<\/span><\/p>\n These actions could quickly cause the Dollar’s Collapse and it then might cease to be the\u00a0 World’s Reserve Currency.\u00a0<\/span><\/p>\n Greedy Super-Richie Guy: <\/b>The U.S. is the World’s most powerful economy, the\u00a0 richest nation, and strongest military power. China, Russia, and all the world are jealous\u00a0 of America, so I say to them, \u201cEat your hearts out!\u201d Ha, Ha.\u00a0<\/span><\/p>\n All the Giant merchandising store accounts in America such as Walmart, Home Depot,\u00a0 and Target, and Amazon Online –love getting cheap goods from China and make big\u00a0 bucks off of them selling to the gullible stupid –pay too much for everything consumers.\u00a0<\/span><\/p>\n We could care less how hard the manufacturing conditions, and long hours are for the\u00a0 Chinese working laborers. It\u2019s all about being king of the hill and raking in mega bucks\u00a0 for banking and corporate profits.\u00a0<\/span><\/p>\n China better soon shut up and submit to us in all our demands in the South China Seas,\u00a0 or else the USA will kick their butt, and Russia’s also.\u00a0\u00a0<\/span><\/p>\n The American hegemony dollar will never collapse. It will trounce the new digital\u00a0 Chinese Yuan or any other currencies. The dollar is the world’s strongest superior\u00a0 currency. End of story.\u00a0\u00a0<\/span><\/p>\n Talk Show Host: <\/b>What is the Outlook for Jobs & Businesses in the\u00a0 USA?\u00a0<\/b><\/p>\n Average Middle-Class Worker Folks:\u00a0<\/b><\/p>\n Most Low-Income People –are just existing and surviving. Low-Income folks everyday\u00a0 try to stay afloat. They try to figure out who to pay and who not to pay. They Worry\u00a0 constantly about either getting a job; having fewer working hours; getting laid off;\u00a0 making rent, food, and car payments, feeding kids, getting sick; and as a result, many\u00a0 have Sleepless Nights.<\/span><\/p>\n Sadly, many are taking more medications than ever before to try and cope. There is a\u00a0 substantial increase of Adults that are dealing with Mental\/Behavioral Health issues — mostly, anxiety and depression. 13% of adults reported starting or increasing Self Medicating by drugs and\/or alcohol to cope with stress or anxiety related to the recent\u00a0 pandemic.\u00a0\u00a0<\/span><\/p>\n About 40% of households spent 35% of their income on Rent and utilities. And 25% of\u00a0 households spent about 50% or more of their income on Housing. If people get Evicted.\u00a0 It is hard for them to get housing again. They are blacklisted by landlords.\u00a0\u00a0<\/span><\/p>\n In the 1950’s –People paid 10% or less of their Incomes for Rent. A mechanic or\u00a0 construction worker could save up enough money to buy a house almost anywhere in the\u00a0 USA and pay off the mortgage on time or earlier.\u00a0<\/span><\/p>\n One major problem for millions of Americans is that there has been hardly any –Low Income Housing since the 1990’s. Landlords can set high prices for rentals to low income people and then say\u2014take it or leave it.\u00a0<\/span><\/p>\n