The Economic Collapse

Do you want to see a very clear sign that our standard of living has gone way down?  When I was growing up, middle class and low-income Americans flocked to fast food restaurants such as McDonald’s and Wendy’s.  But now we are being told that high prices have “driven away lower-income customers” from McDonald’s, and Wendy’s is being forced to close hundreds of locations.  Most of us just can’t afford it anymore.  U.S. consumers are being squeezed financially to a degree that we have never seen before, and as a result most of them have very little discretionary income to spend. (Read More...)

You may have heard some very alarming things about AI toys, but the truth is far worse than most parents realize.  If we can get this information out to enough parents, sales of AI toys will collapse, and that will be a very good thing.  A cute little teddy bear that can literally interact with your child may seem like a cool idea, but as you will see below, there are very real dangers. (Read More...)

The alarms are getting even louder each week.  It has become exceedingly clear that the U.S. economy has entered a crisis that is similar to what we experienced in 2008 and 2009, and a lot of people are really starting to freak out.  For those that cannot see the stunning parallels between the Great Recession and what we are going through now, I don’t know what to say to them.  There are a lot of people out there that simply choose to believe whatever they want to believe no matter what the evidence indicates.  In this case, all of the evidence is pointing in a single direction. (Read More...)

Pundits have been talking a lot about America’s “K-shaped economy” lately, but most average people on the street have no idea what that means.  Basically, it means that the wealthy are getting even wealthier while almost everyone else is getting monkey-hammered.  Yesterday, I detailed 11 signs that economic conditions in the U.S. are the worst that they have been since the Great Recession, but if you have plenty of money you may feel like everything is just great right now.  For those at the top of the economic pyramid, it could be argued that these are the best of times because the stock market has been soaring.  But for many of those at the bottom of the economic pyramid, it literally feels like we are in the midst of a horrifying economic crisis. (Read More...)

Do you remember how bad things were in 2008 and 2009?  It was an economic nightmare that shook the entire world, and now it appears that the sequel is upon us.  As you will see below, many economic numbers are either as bad as they have been since the Great Recession or they are even worse than they were during the Great Recession.  Despite what the mainstream media has been telling you, the truth is that the cold, hard facts prove that the U.S. economy has been rapidly heading in the wrong direction for years.  Now we have reached a major tipping point, and it won’t take much to push us over the edge. (Read More...)

What will the loss of hundreds of thousands of law-abiding citizens mean for New York City? It doesn’t take a rocket scientist to answer that question. When large numbers of law-abiding citizens leave any area, conditions get worse. And when conditions get worse, that motivates even more law-abiding citizens to leave. Meanwhile, the election of Zohran Mamdani will make the Big Apple a magnet for criminals, gang members, radical Islamists, economic parasites, far left political activists and those that have entered this country illegally. New York City has entered a horrifying death spiral, and there is little hope that this death spiral can be reversed any time soon. (Read More...)

We are less than two weeks into the month of November, and the mainstream media is telling us that millions of Americans are “starving”.  If our society is this vulnerable to a temporary disruption in food stamp benefits, what is it going to be like when global events really start hitting the fan and there is no food in our grocery stores at all?  Much of the population is just a few missed meals away from going completely haywire.  For now, at least those that have not received their food stamp benefits this month can rely on local food banks.  But would you be willing to line up at 2:30 in the morning just to get some free food?  That is precisely what just happened in the Bronx… (Read More...)

It is starting to look a lot like the Great Recession again.  I thought that the pace of layoffs in 2024 was bad, but it has just exploded here in 2025.  Vast numbers of good paying jobs are being ruthlessly eliminated, and competition for any decent jobs that are still available has become extremely fierce.  In some cases, workers that have many years of experience are applying for hundreds of jobs but are not even able to get a single interview.  I have said this before, and I will say it again.  If you currently have a job that you highly value, hold on to it as tightly as you can.  You don’t want to be left without a chair when the music stops playing. (Read More...)