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Authored by Michael Snyder via The Economic Collapse blog,

How many times have you heard the mainstream media tell you that the economy is doing just great in recent months?  Personally, I have seen the word “booming” used over and over again to describe the economy, and it makes me sick.  The level of gaslighting that we are witnessing right now is off the charts.  Millions of Americans are sleeping in their vehicles, thousands of businesses are failing all over the nation, and most of the country now believes that the American Dream is no longer attainable. 

If this is what a “booming” economy feels like, I would hate to see what would happen during a “recession”.

I totally understand why the mainstream media is gaslighting us.  They want us to believe that everything is fine so that we will vote a certain way in November.  They have an agenda, and they are pushing it really hard.

But what they are telling us simply does not match up with reality.

The following are 7 signs that the mainstream media is flat out lying to us about the economy…

#1 Survey after survey has shown that the economy is the number one concern for American voters during this election season.  If the economy was in good shape, we would not be getting results like this…

#2 At this point, the economy is in such rough shape that even Dollar General customers seem to be running out of money…

#3 When the U.S. economy was actually booming, Big Lots was thriving.  Sadly, today’s economic environment has been very hard on the retail chain and it is now teetering on the brink of bankruptcy…

#4 Needless to say, Big Lots is far from alone, because the number of businesses that are filing for bankruptcy has reached dizzying heights…

#5 According to Zero Hedge, several regional Fed business surveys just fell even deeper into contraction territory…

#6 As I discussed yesterday, approximately two-thirds of the entire U.S. population no longer believes that the American Dream “is still alive”…

#7 Last, but certainly not least, total household debt in the United States has soared to a level that we have never seen before…

Yes, there is a small segment of society that is still doing really well.

Thanks to the unprecedented intervention that we have seen in the financial markets in recent years, they are still able to live the high life while most of the country suffers.

But while stock prices continue to set new all-time highs, much of the nation looks like a horror show.

For example, just consider what has happened to Pine Bluff, Arkansas…

The gap between the ultra-wealthy and the rest of us has never been larger than it is right now.

The next time you walk past an abandoned store that has been boarded up, just remember how much the mainstream media has been lying to you.

The next time you walk past someone that is sleeping in a vehicle, just remember how much the mainstream media has been lying to you.

The next time you walk past someone that is hooked on drugs because they have lost all hope, just remember how much the  mainstream media has been lying to you.

Our communities are falling apart right in front of our eyes, our economy is falling apart right in front of our eyes, and our entire society is falling apart right in front of our eyes.

So don’t let the mainstream media fool you.  The economy really is moving in the wrong direction very rapidly, and it won’t be too long before even they are forced to admit the truth.

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Michael’s new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.