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Wednesday, June 22, 2022

First from Sam Faddis: the U.S. economy is in unspeakably dire straights...

Friends, for those who don't know, Sam Faddis served in the U.S. Army and then in the CIA for quite a while as an Operations officer overseas before retiring, and now writes at AND Magazine, on Substack. I've seen him interviewed by John-Henry Weston, and Faddis is a absolutely no-nonsense guy. So, as a framework to cover a lot of territory succinctly, I'm linking to three Faddis articles everyone should read.


Sam Faddis on why we'll be in a full-blown Depression soon.
For example, U.S. consumers currently owe $22 billion in overdue utility bills.

An excerpt:
"The cost of energy is becoming unaffordable," said Mark Wolfe, executive director of NEADA. U.S. consumers currently owe $22 billion in overdue utility bills. That is double what that figure has been historically. Housing prices are going through the roof. The cost of any kind of housing is soaring. "We could have severe hardship in this country," Wolfe said. "Families' budgets are being cut. It's like they're being taxed, and there's no end in sight.

American households are increasingly simply out of money, and as a consequence, they are not buying anything that is not a necessity. The clearest possible indicator of that can be seen in the volume of container traffic coming across the Pacific from China.

The cost to move a container from Asia to a major port in North America or Europe has dropped by 23% since the beginning of this year, according to maritime research firm Drewry. No one is shipping anything. Containers are simply unfilled.

AnP again:
The Biden Regime, and the Democrats and most of the other Democrat Party, the RINO Republicans, have betrayed us. Our media have betrayed us. We've abandoned traditional morality in both the secular and ecclesiastical worlds.

No wonder God is silent. Well, his Mother prophesied all this for us at Fatima and after, so, in truth, we've no excuse. (See also the prophesies of Our Lady of Good Success. These prophesies, from the 1580s into the next century, made to Mother Mariana in Quito, Ecuador, are about the 20th century and are incredibly spot on.)

An Préachán

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