The Apocalypse Of Great America: American series, #1

By Louis Asare

The American government spends trillions of dollars annually to import goods and services. Over eighty five thousand (85,000) companies have closed their manufacturing plants and moved their production to other parts of the world. About four million Americans who were employed in those companies are now jobless or unemployed and the effect is being seen in the national debt crisis plaguing the nation.

The era of American imperialism is gradually heading towards a close and the economy is on the path of decline whilst the national debt has skyrocketed. Things are gradually falling apart and the government seems to be incapable of helping the situation. This book will help you to see the condition of the country.
At this point in the history of the world. We are seeing many countries uniting their economic and political might's thereby pursuing aggressive programs that are intended to help them displace the united State of America in the future. This is a negative trend and for this nation. Americans will regret when the government fails to salvage the situation and things fall apart. Read this book and you will know how to prepare for the future.

Over several decades, the United States of America has gotten to a point in history where the forces of growth have become weak over a long period of time. Since the post Second World War era, the economy has managed to overcome the economic stagnation and performed very well thereby saving the country from economic misfortunes.

Since those times, the country has barely managed to grow at all. The economy currently seems to have lost steam beginning from the early two thousand till date. The country has not actually been able to generate any significant growth that will enable central government to reduce the national debt. All of these figures and revelations are actually pointers telling the average American that the country is presently on a declining path. The declining economic condition will not be sustainable and will negatively impact the prosperity of America and its citizens.

Now, reports from the department of commerce reveals that many people are not confident in the economy and therefore they have become cautious about how to use cash. This declining trend is growing up in the country as more and more people keep their money. Now, this consumer sentiment has been plunging or sinking very fast and this is now a serious troubling sign for this consumer-driven economy.

A report recently published by the department of Commerce after they have survey several workers by comparing their wages came out with the conclusion that wages of American employees peeked more than thirty-five to forty years ago. This book will bring many hidden things to your notice and you will become conscious to the realities confronting the future of this country.

• Language: English
• Publisher: Louis Asare
• Release date: Mar 20, 2019
• ISBN: 9781386196037

Louis Asare

Louis Asare is an educated gentleman who has passion for Christian and children development. I hold a bachelor Degree in Information and Communication Technology with second class upper honors and am currently pursuing my Masters’ Degree in Information Technology Education. Louis Asare is the author of dozens of books including The 34 Miracles Of Jesus Christ, The Apocalypse Of Great America, The Twisted Love Affair, Deadly Secrets Of Love, From Sand To Ash, The Man Between Us, The Disguised Love Affair, Pretending To Be In Love: When Love turns to a game of chess, In The Name Of Jesus Christ, Power Of The Blood Of Jesus Christ, The Economic Super Power: China’s Secret Strategy to replace America as the global superpower, God Is Good: Experience The Full Blessings of God., Write Your First Book: Radical Self-Publishing Guide,Make America Great Again, Manifestation Of God's Presence, Entering Deeper Into The Presence Of God., The Crucifixion: Understanding the Death Of Christ, Manifestation Of The Supernatural., Attracting And Activating The Power., Experiencing The Supernatural Life Of Power. He spends his leisure time reading and coaching. Find out more about him at http://www.LouisAsare.com

Book preview

The Apocalypse Of Great America

By Louis Asare

Copyright © 2017 Louissoft publication

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, recording, or otherwise, without the prior permission of Louissoft publication.

Dedication

This books is affectionately dedicated to my beloved wife Annan Felicia Marvelous whose life and presence has been a great source of inspiration to me during the most important and difficult moments of my life.

Acknowledgements

I wish to express my sincere gratitude to the following people for their immense contribution to my life toward the delivery of this book:

My precious family who have not stopped believing in me and supporting me in all facets of life till now: Felicia, Reinhardrina, Salomey, Perfect, Rachael, Barnes, Randolph and George for being there to counsel and guide me for the realization of this material.

Special thanks also to Frederick Agyekum, Jemimah Antwiwaa, Alberta Pra, Darko Maxwell, George Nsarko, Mantey Larbi Justice and James Mensah.

Appreciation to all members of the publishing team for your great and contributions.

I say God bless you all and keep shining.

Table of Content

Chapter 1 Shrinking Middle Class And Growing Lower Class

Chapter 2 Higher Interest Rates

Chapter 3 Wages Are Shrinking

Charter 4 The Piling National Debt

Chapter 5 The Potential Collapse Of The Dollar

Chapter 6 Declining Education And The Future

Chapter 7 U.S Retail Sales Are Declining As Consumers Remain Conscious

Chapter 8 Military Misadventure

Chapter 9 Exposure To Oil Shock

Chapter 10 Consumer Sentiment Is Plummeting

Chapter 11 Americans Are More Divided Than Ever

Chapter 12 Lack Of Highly Skilled Labor

Chapter 13 World War Three Scenarios

Chapter 14 Immigration And The Prosperity Of America [The Politics of American Immigration]

Chapter 15 Rising Health Care Or Insurance

Chapter 16 Science And Technology Development

Chapter 17 The Declining Economy

Chapter 18 Guns And Arms Control and Regulation

Chapter 19 Terrorism And Islamic Extremism

Chapter 20 Religion And America

Other Books By The Same Author

Chapter 1

Shrinking Middle Class And Growing Lower Class

After the Second World War, the United States of America went global and moved on that path to become the most powerful economy of the world. Since that time, the nation has served as the home for multiculturalism in the world. Many people from different parts of the world were attracted to the country where many people were suddenly transformed to become millionaires and billionaire. Those were wonderful days for this country.

When the nation had its economy on the right path, many young and average workers earned monies that could make them comfortable with less financial burdens on them. However, after the end of the twentieth century, many things began to change and many Americans found themselves belonging to the globalized world. This situation has given the American government and citizens the opportunity to access other parts of the unexploited world economies. Things were initially good though, but along the line many Americans companies intending to do business with the world for maximum profits began to shift production overseas to different low wage earning countries. This will later serve as the beginning of greater troubles and challenges to come in the future.

The situation actually worsened because the products that were coming from low wage economies were cheaper that is affordable to all Americans from all walks of life. As a result of this, many Americans preferred to outsource production to manufacturers outside the United States and later import the cheaper products back to the United States of America. For example, you can talk about the information and communication technology sectors or the electronic and clothing sector. These sectors were once very vibrant and powerful but currently America has relinquished all of these industries to overseas developing countries. For example, American companies like Apple Inc. and Dell technologies have all abandoned their local productions for cheaper overseas productions.

Now, as a result of this off shoring and outsourcing of work to other parts of the world like India, China and Mexico, America has lost about eighty-three thousand to one hundred thousand (83,000-100,000) companies according to a think tank group that accesses the impart of outsourcing on the nation. Because the companies have moved the production to other countries. The American government spends billions and trillions of dollars annually to import goods and services. Another important and striking information that touched my emotions is this one that I am a about to share with you. When the eight thousand companies closed their manufacturing plants and moved their production to other parts of the world. About four million Americans who were employed in those companies are now jobless or unemployed and the effect is being seen in the national debt crisis plaguing the nation.

When you think about the illustrations above it sends the message that this great and prosperous nation is now on a downward trajectory and if this trend continuous like this unchecked, then the wealth and prosperity of this nation will be transferred to other countries within a few decades. As many people, have lost their jobs and more are likely to loses their jobs. The message is that very soon the number of people who could have lived descent lives from work will fall as we seeing presently and will continue to fall until all Americans begins to match on the street in demonstration.

This whole challenge to the American economy of the middle class shrinking has two parts. In the situation where the government and companies have outsourced production to other parts of the world. Those parts of the world will begin to see a surge in employment and then all of a sudden, the middle class of those countries will begin to emerge strongly.

A typical example of this case can be seen between the United States of America and China. In a situation where the United States of America has stagnated in development economies like China, India and Mexico: and these countries are now accelerating in their development or picking up at a fast pace on the United States of America. For example, the middle class of the United States of America has reduced in over a single decade whiles that of China has increased. In a time where this is taking a center stage in American politics we see the middle class of the Asian countries emerging strongly and many people in that region are becoming richer. On the other side of the equation, American workers are losing and nobody seems to be ready to deal with the situation.

From the year two thousand and one to the year two thousand and fifteen (2001-2015), it is now estimated that about fifty (50) million Americans citizens are now living below the poverty line. If you know about the history of this great nation, you will soon and quickly ask yourself that how can the prosperity of this nation be preserved. It is frightening to come to the reality that more than fifty million household live their lives on the poverty line moving from one pay check to another pay check all to no avail.

The figures I have, mentioned above represents the highest percentage of poverty in the history of the nation of America. In fact, this is breaking the hearts of both the young and the old alike. Look, the situation is actually getting worse because another research reveals that about forty percent American citizens are now living in the poverty line. These households spend almost half of their net income on food and housing not to even talk about medical insurance and premium payments. Things are really getting out of hands and nobody seems to be saving the situation not even the government.

I have realized that the course of the whole problem is as a result of two issues. The first primary one has to do with the National debt of America. In fact, the national debt of America is currently more than the GDP of the entire nation of America. The second one has to do with wages. In reality the wages of workers have stagnated in recent years whiles cost has sharply accelerated. This situation has led to many people becoming poorer than their colleagues who earned such monies in the previous years. Lastly when you look at the inflation adjusted wages, the reality of the matter is that wages have stagnated or shrunk in recent years.

When you analyze