Vegas: America’s Economic Warning Siren If you want to see the true state of the American economy—not the sugar-coated fantasy spewed by Wall Street shills on CNBC—look no further than Las Vegas. The city that never sleeps is now hitting snooze on economic reality, just like it did during the 2008 meltdown. Back then, Vegas was supposed to be recession-proof. Fast forward to the collapse of Lehman Brothers and—boom—gambling revenue cratered by up to 25%. Tourists dried up, hotel rooms went empty, and the whole charade collapsed. A New Collapse is Underway Now we’re watching history repeat, only this time the stakes are higher and the economy’s more fragile than ever. The newest numbers out of Sin City are blood-chilling:…
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