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IPFS News Link • MEDIA (MainStreamMedia - aka MSM)

10 Signs That The Mainstream Media Is Not Telling You The Truth About The Economy

• https://www.zerohedge.com, by Michael Snyder

Even though inflation is out of control, the commercial real estate market is in free fall, corporate bankruptcies are surging, and large businesses all over America are conducting mass layoffs, we are being told that everything is just peachy. 

For example, the following comes from a recent NPR article entitled "What recession? It's a summer of splurging, profits and girl power"

The numbers are in and things look surprisingly rosy for the U.S. economy:

The Federal Reserve is still cautious, but big brands – including Coca-Cola, Hilton and Visa — are singing praises to shoppers seemingly undeterred by companies' raising prices. What's more, Taylor Swift, Beyoncé and Barbie are enticing people to part with their money, bolstering local businesses.

Yes, "girl power" is supposedly saving the U.S. economy.

Doesn't that sound wonderful?

Unfortunately, it just isn't true. 

Here are 10 signs that the mainstream media is not telling you the truth about the economy…

#1 When the economy is doing well, there is a tremendous demand for trucking.  But when the economy is tanking, trucking companies often get into serious trouble.  So it is a very bad sign that "one of the country's oldest and largest trucking businesses" is literally on the brink of collapse…

Yellow, one of the country's oldest and largest trucking businesses, is preparing to file for bankruptcy and may collapse within days, leaving some 30,000 workers without jobs.

The nearly 100-year-old company is known for its competitive pricing and has more than 12,000 trucks shipping freight across the US for brands including Walmart and Home Depot.


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