American Consequences - November 2017

WHAT COULD POSSIBLY GO WRONG?

Financial follies and disaster in the making

And most notable, the same 59% of Americans polled – which include folks who lived through World War II, the Vietnam War, and 9/11 – believe “this [to be] the lowest point in our nation’s history that they can remember.” As you might expect, folks pointed to a variety of reasons for their concern: the cost of and access to health care, declining trust in government, and rising crime. And many of these worries are connected by a common, underlying thread – economic hopelessness . A huge number of Americans have borrowed more money than they can ever dream of repaying. They have little of value to show for it. They have no way out. And they have no hope that things will get better. So what you’re seeing on the news is just the tip of the iceberg... Tens of millions of angry Americans increasingly feel they have nothing to lose. Sooner or later, the U.S. government will have no choice but to appease these folks. They will wipe out these debts and redistribute trillions of dollars in the process, and the debt cycle will begin anew.

Something is wrong in America...

If you’re like us, you can’t open a newspaper or turn on the evening news without feeling as though the fabric of civilized society is tearing apart. And a brand-new report from the American Psychological Association (“APA”) confirms it. Most Americans agree that something is terribly wrong in our country today . According to the APA’s 2017 “Stress in America” survey, nearly two out of three Americans (63%) cite concern about the future of the country as a “somewhat significant” or “very significant” source of stress. Nearly as many (59%) point to “current social divisiveness” as one of their biggest worries.

59% of Americans polled – which include folks who lived through World War II, the VietnamWar, and 9/11 – believe this is “the lowest point in our nation’s history that they can remember.”

12 | November 2017

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