US Economy Signals Imminent Economic Meltdown Risks

Michael Snyder at The Economic Collapse Blog presents 12 economic indicators he says signal a looming U.S. economic meltdown, citing January data and recent corporate moves. He highlights a 9.7-point drop in the Conference Board Consumer Confidence Index to 84.5, surveys showing 56% of workers under financial strain, rising 'functional unemployment' to 25.2%, mass layoffs at Amazon, Pinterest, Nike and UPS, and a four-month low in the U.S. dollar.