“An Unavoidable Global Recession”: The Warnings Get Louder As Worldwide Economic Numbers Continue To Deteriorate

Economic numbers all over the world continue to get worse, and as you will see below, even New York Times columnist Paul Krugman is now warning of “an unavoidable global recession”.  Unfortunately, most Americans still have absolutely no idea that this is happening.  Most ordinary citizens are still under the impression that everything is going to be just fine, but the numbers suggest otherwise.  The Baltic Dry Index just plummeted to the lowest level that we have seen in three years, and this is yet another indication that the global trade war is causing widespread economic pain.  And according to Bloomberg, global economic growth has now dropped to the lowest level that we have seen since the Great Recession… (Read More...)

“Biggest Drop In More Than Nine Years”: America’s Retail Apocalypse Is Greatly Accelerating In The Early Stages Of 2019

All over America retailers are going bankrupt and closing stores.  Of course this has been happening for years, but as you will see below the numbers have dramatically escalated during the early portion of 2019.  Our landscape is already littered with countless numbers of hollowed out stores and abandoned malls, and it is about to get a whole lot worse.  Retailers were hoping that a strong holiday season would turn things around, but that didn’t happen.  In fact, we just learned that retail sales in the United States suffered “their biggest drop in more than nine years” during the month of December… (Read More...)

California Nightmare: Over Half Of The People Living In The State Wish They Could Leave

This just shows what can happen when you let crazy people run a state for several decades.  In the 1960s and 1970s, the possibility of moving to the west coast was “the California dream” for millions of young Americans, but now “the California dream” has turned into “the California nightmare”.  According to a brand new survey, 53 percent of those living in California are considering leaving the state, and there are certainly lots of reasons to hit the road and never look back.  The cities are massively overcrowded, California has the worst traffic in the western world, drug use and illegal immigration both fuel an astounding amount of crime, tax rates are horrendous and many of the state politicians appear to literally be insane.  And on top of all that, let us not forget the earthquakes, wildfires and landslides that are constantly making headlines all over the world.  Last year was the worst year for wildfires in California history, and these days it seems like the state is hit by some new crisis every few weeks. (Read More...)

A New Study Discovers Two-Thirds Of All Bankruptcies In The United States Are Primarily Caused By Medical Bills

Our health insurance system is theoretically supposed to prevent Americans from going bankrupt when they are hit by huge medical bills.  But in case after case, that is simply not happening.  Even though more Americans are “covered by health insurance” than ever before, a new study has found that “about 530,000 families each year are financially ruined by medical bills and sicknesses”, and most of those families actually had health insurance.  These days, most health insurance policies closely resemble Swiss cheese because they are so full of loopholes, and health insurance companies have become masters at finding ways to wiggle off the hook.  So every year hundreds of thousands of American families find themselves facing huge medical bills that they did not expect to be paying, and as a result medical expenses are the primary factor in 66.5 percent of all personal bankruptcy filings in the United States… (Read More...)

Insect Apocalypse: The Global Food Chain Is Experiencing A Major Extinction Event And Scientists Don’t Know Why

Scientists are telling us that we have entered “the sixth major extinction” in the history of our planet.  A brand new survey of 73 scientific reports that was just released has come to the conclusion that the total number of insects on the globe is falling by 2.5 percent per year.  If we stay on this current pace, the survey warns that there might not be “any insects at all” by the year 2119.  And since insects are absolutely critical to the worldwide food chain, that has extremely ominous implications for all of us. (Read More...)

Taxes, Taxes And More Taxes: The Radical Economic Agenda Of The Left Has A Surprising Level Of Public Support

The left wants to raise your taxes, and most Americans are okay with that.  I was shocked by the numbers that I am about to share with you, and I think that you will be shocked too.  Once upon a time, being labeled as a “tax and spend liberal” was one of the worst things that could happen to a politician.  During the presidential election of 1984, Walter Mondale was very honest about the fact that he wanted to raise taxes on the American people, and Ronald Reagan absolutely crushed him with that.  In the end, it was one of the greatest election night landslides in history.  But this time around we could potentially see the opposite.  If things go badly for Trump, we could actually see a “tax and spend liberal” turn the map mostly blue in 2020.  I know that sounds very, very strange, but the latest poll numbers show that the American people strongly support raising taxes on the wealthy. (Read More...)

Trade War Causing Severe Pain As Farm Bankruptcies Surge Way Past The Level From The Last Recession

Farmers all across the middle part of the country are going bankrupt at an astounding rate, and over half of all farms in America are now losing money.  The trade war with China has been the most devastating crisis to hit the U.S. farming community in decades, and at this point there is no end in sight.  Farm after farm is being financially wiped out, and we haven’t seen this kind of economic pain for farmers since the Great Depression of the 1930s.  In fact, it is being reported that bankruptcies in the key farming regions of the country are way above the level that we witnessed during the last recession.  The following comes from Zero Hedge(Read More...)