The Economic Collapse

Where do we go from here? Peace talks with Iran have totally failed, and there appears to be no hope that the gaps between the demands that the U.S. is making and the demands that Iran is making can be bridged. There are several key issues that both sides are not willing to compromise on, and that is going to have very serious implications for the entire planet. In the aftermath of the failed peace talks, Iranian officials warned that the status quo in the Strait of Hormuz would continue. Needless to say, that was completely and totally unacceptable to the Trump administration, and in response President Trump has just announced a full naval blockade of the Strait. What this means is that virtually nothing will get through the Strait of Hormuz for an extended period of time. As a result, the spring planting season in the northern hemisphere will be a total disaster, and global food shortages will hit the world like a freight train about 6 to 9 months from now. (Read More...)

Iran is still holding traffic through the Strait of Hormuz hostage, and the entire world is going to suffer. Before the war, commercial traffic through the Strait of Hormuz flowed freely, and the global economy functioned normally. But even though there is a temporary ceasefire, Iran continues to maintain a stranglehold on the waterway, and they are insisting that this will continue to be the case when a permanent deal to end the war is reached. In other words, the Iranians are making it clear that this is how things are going to operate from now on, and they know that the U.S. and Europe are not eager to do what it would take militarily to reopen the Strait. Of course even if there is a military operation to reopen the Strait, it will take an extended period of time before it is safe for commercial traffic to pass through the waterway once again. Any way that you look at it, the truth is that this is going to be a complete and utter disaster for the global economy. (Read More...)

It is difficult to believe the pace at which global events are now moving. Apocalyptic threats are being thrown around recklessly and severe damage is being done to the global economic system every single day. A lot of people still seem to think that economic conditions will snap back to normal once the war ends, and that is because they don’t understand the level of destruction that has already taken place. Even if the war ends tomorrow and commercial traffic starts flowing freely through the Strait of Hormuz once again, the world won’t be getting nearly as much energy from the Middle East because dozens of oil and natural gas facilities have either been damaged or destroyed. That means that widespread rationing and global energy shortages are baked in no matter what happens next. (Read More...)

Even the mainstream media is now openly admitting that shortages are coming. But right now I am seeing so much apathy about the war in the Middle East and the global supply chain disruptions that are happening right in front of our eyes. So many people seem to be convinced that the war will end soon and things will go right back to the way that they were before. I really wish that was true. But the Iranians just told us that traffic through the Strait of Hormuz “will never return to its former state, especially for America and Israel”, and that means that this war is not going to end any time soon. As a result, the global supply chain disruptions that we are experiencing now are going to get far worse. (Read More...)

When global supply chains collapse, the pain is not felt immediately. Tankers that left their destinations before the war with Iran began are still arriving at their destinations, products that were manufactured prior to the war still fill our shelves, and we are still eating food that was produced last year. So even though global supply chains are collapsing all around us, most people don’t feel it yet. But if this war with Iran drags on for months, the pain that we will soon experience will be unbelievable. (Read More...)

What are we going to do when global food prices go absolutely nuts and hundreds of millions of people are starving all over the planet? Even before this war with Iran erupted, world hunger was already at an all-time record high. Now, so much of the oil, natural gas and fertilizer that the globe is deeply dependent upon is trapped in the Persian Gulf. If this war drags on for months, it is inevitable that there will be massive price increases and rationing. (Read More...)

Most of the pre-packaged garbage that we are being sold in our local grocery stores is “Frankenstein food”, but even though this is widely known most of the general population just keeps gobbling it down anyway. This is something that I have been wanting to write about for quite some time. The major food companies fully understand that they are destroying our health, and they are going to keep on doing it because nobody is going to stop them. We are talking about a crime against humanity of epic proportions, and they are totally getting away with it. It isn’t just a coincidence that cancer, heart disease and diabetes are exploding in our society today. What we are eating is making us sick, and those responsible are raking in billions of dollars. (Read More...)

Farmers all over America are on edge right now, and I certainly can’t blame them. The war in the Middle East has created a fertilizer crisis at the worst time possible. As you will see below, if nitrogen fertilizer is not applied to wheat, corn and rice at the proper time, there is no hope of recovery later. Since it does not appear that the Strait of Hormuz will be reopened any time soon, there will be serious crop losses in the United States, and in poorer countries throughout the world it will be even worse. (Read More...)