18 Really Big Numbers That Show That The U.S. Economy Is Starting To Fall Apart Very Rapidly

The Economic Collapse 
#1 Farm loan delinquencies just hit the highest level that we have seen in 9 years.
#2 We just learned that U.S. exports declined by 4 billion dollars during the month of December.
#3 J.C. Penney just announced that they will be closing another 24 stores.
#4 Victoria’s Secret has just announced plans to close 53 stores.
#5 On Thursday, Gap announced that it will be closing 230 stores over the next two years.
#6 Payless ShoeSource has declared bankruptcy and is closing all 2,100 stores.
#7 Tesla is also closing all of their physical sales locations and will now only sell vehicles online.
#8 PepsiCo has started laying off workers and has committed to “millions of dollars in severance pay”.
#9 The Baltic Dry Index has dropped to the lowest level in more than two years.
#10 This is the worst slump for core U.S. factory orders in three years.
#11 We just witnessed the largest decline in the Philly Fed Business Index in more than 7 years.
#12 In January, sales of existing homes fell 8.9 percent from a year earlier.  That was the third month in a row that we have seen a decline of at least 8 percent.  This is an absolutely catastrophic trend for the real estate industry.
#13 U.S. housing starts were down 11.2 percent in December compared to the previous month.
#14 Compared to a year earlier, home sales in southern California were down 17 percent in January.
#15 In December, home sales in Sacramento County fell a whopping 22.5 percent compared to a year earlier.
#16 Pending home sales in the United States have now fallen on a year over year basis for 13 months in a row.
#17 More than 166 billion dollars in student loan debt is now “seriously delinquent”.  That is an all-time record.
#18 More than 7 million Americans are behind on their auto loan payments.  That is also a new all-time record, and it is far higher than anything that we witnessed during the last recession.