Warren Buffett did not become a billionaire by being stupid. According to Forbes, Buffett is worth more than 144 billion dollars, and that makes him one of the wealthiest men in the entire world. He made his money in the stock market, and so why is he now pulling money out of the stock market at a feverish pace? Does he anticipate that a crash is coming? Earlier this year, Buffett shocked the investing community when his company sold off half the Apple shares that it was holding… (Read More...)
Death Of The Consumer Economy: Over A Third Of U.S. Adults Now Struggle To Pay For Their Most Basic Expenses
When U.S. consumers are doing well, the U.S. economy does well. But of course the opposite is also true. When U.S. consumers are not doing well, the U.S. economy really suffers. The government has been trying really hard to put a happy face on things, but the truth is that the standard of living for most U.S. consumers has been going down for a long time. The cost of living has been rising faster than paychecks have, and so most of us have less discretionary income than we once did. And that is really bad news for the U.S. economy, because as the official White House website has pointed out, consumer spending typically accounts for about two-thirds of all economic activity… (Read More...)
Have You Heard About The “Ring Of Fire” Rosh Hashanah Eclipse That Is Coming In October?
Why do solar eclipses keep falling on such noteworthy dates? In 2024, there will be a total of just 2 solar eclipses. The first happened on April 8th, 2024. That was known as the “Great American Eclipse of 2024”, and it occurred just after the sun had gone down in Israel and the first day of the first month on the Hebrew calendar had begun. The second solar eclipse of 2024 will take place on October 2nd. When it occurs, the sun will have just gone down in Israel and the festival of Rosh Hashanah will have just started. (Read More...)
An Extinction-Level Threat Is Poised To Dramatically Reduce The Global Population And Most People Have Absolutely No Idea
We are literally killing ourselves and everything around us, and most people don’t even know that this is happening. But even if we could get everyone to understand the extinction-level threat that we are facing, would they change their behavior? The plastic products that we are constantly discarding do not magically disappear. Instead, they break down into smaller and smaller pieces. Today, there are trillions upon trillions of incredibly small plastic particles known as “microplastics” that have literally saturated our entire environment. You may not realize this, but microplastics now make up approximately 40 percent of the dust in our homes. Every time it rains, microplastics come pouring down from the sky, our soil is absolutely teeming with microplastics, the air that we breathe is filled with microplastics, and microplastics are in virtually everything that we eat and drink. An article that was recently published by Yale University discussed how pervasive microplastics have now become… (Read More...)
The Final Depressing Chapters For The Late, Great U.S. Economy
It is incredibly sad to watch the U.S. economy slowly but surely come apart at the seams all around us. For most of our history, the rest of the world marveled at our economic performance, and that is because we embraced economic values that led to great blessing. In recent decades, we have abandoned those values, but we were able to maintain a very high standard of living by going into unprecedented amounts of debt. Our leaders were able to keep the game going for longer than a lot of people thought, but now we have entered the final depressing chapters for the late, great U.S. economy, and we can see evidence of this all around us. If you doubt this, just look at all of the businesses that are going bankrupt. Last week, I discussed the fact that for the year ending June 30th, the number of business bankruptcy filings was up more than 40 percent compared to the previous 12 months. There is no way that the Biden administration can manipulate this number. Either a business filed for bankruptcy or it didn’t, and right now we are seeing a spike of historic significance. (Read More...)
Extreme Gaslighting: Here Are 7 Signs That The Mainstream Media Is Flat Out Lying To Us About The Economy
How many times have you heard the mainstream media tell you that the economy is doing just great in recent months? Personally, I have seen the word “booming” used over and over again to describe the economy, and it makes me sick. The level of gaslighting that we are witnessing right now is off the charts. Millions of Americans are sleeping in their vehicles, thousands of businesses are failing all over the nation, and most of the country now believes that the American Dream is no longer attainable. If this is what a “booming” economy feels like, I would hate to see what would happen during a “recession”. (Read More...)
Two-Thirds Of Americans Now Believe That The American Dream Is Unattainable
When we were young, most of us believed that we would achieve “the American Dream” someday. Today, two-thirds of us believe that the American Dream is unattainable. That is a searing indictment of a system that is coming apart at the seams right in front of our eyes. As a child, it seemed like just about everyone was part of the middle class. In those days, people just took for granted that you could have a nice home, a beautiful family, a couple of vehicles and a comfortable retirement. But now that kind of middle class lifestyle is out of reach for most of the country. In fact, a brand new Wall Street Journal/NORC poll discovered that only about one-third of the population thinks that the American Dream “is still alive”… (Read More...)
Russia Is Literally Threatening Us With World War III, But Most People In The Western World Don’t Seem To Care
The Russians just told us again that the world could soon be facing nuclear war if western powers don’t stop escalating the conflict in Ukraine, but this is yet another warning that has gone in one ear and out the other. The Russians can talk about nuclear war until they are blue in the face, but nothing that they say is going to sink in, because our leaders simply do not care. They are entirely convinced that the Russians will never use nuclear weapons, and so they are not afraid to keep pushing the Russians closer to a breaking point. When the Russians finally reach their breaking point, what will they do? (Read More...)