The Economic Collapse

Consumer sentiment is plummeting, delinquency rates are rising, and nearly three-quarters of all U.S. consumers admit that they are “financially stressed”.  If U.S. consumers are experiencing this much pain now, what will things look like six months from today if there are empty shelves and widespread shortages?  We witnessed a brief period of severe financial stress during the early days of the last pandemic, but we would have to go all the way back to the Great Recession to find a time that is truly comparable to what we are enduring now.  U.S consumers have been getting hammered for years, and now it appears that our problems are about to go to an entirely new level.  The following are 12 signs that U.S. consumers are experiencing far more financial stress than most people realize… (Read More...)

We are about to find out what happens when thousands of very popular products are suddenly no longer available for sale.  A lot of Amazon shoppers have been shocked to learn that some of their favorite products have already disappeared.  In fact, there are entire stores on Amazon that are now completely gone.  Of course it isn’t just Amazon that is facing an unprecedented crisis.  Walmart, Target, Home Depot and our largest dollar store chains are all going to have to figure out new ways to fill their shelves in the months ahead. (Read More...)

Americans watch more television than anyone else in the world, and as we watch television we are constantly being bombarded by commercials from pharmaceutical companies.  As I discussed in a previous article, pharmaceutical companies spend more than 15 billion dollars on television advertising each year.  The reason they do this is because it works.  We are the most drugged nation in the history of the world, and the pharmaceutical companies are absolutely swimming in cash. (Read More...)

For many years, pundits have been warning us that the U.S. dollar would collapse.  In 2025, it is actually starting to happen.  The U.S. dollar hit a three year low against other global currencies last week, and on Wednesday the crash of the dollar resumed.  Overall, the U.S. dollar is now down about 9 percent over the past 3 months.  The currency that has benefitted the most is the Swiss franc.  The USD/CHF recently hit the lowest level that we have seen in 14 years.  What we are witnessing is literally a bloodbath, and many experts are suggesting that our reserve currency status is now in serious jeopardy. (Read More...)

Our current way of life could not continue without rare earth minerals.  Every single day of our lives, all of us depend on technology that was built using rare earth minerals.  In fact, the device that you are reading this article on right now probably contains rare earth minerals.  Ultimately, rare earth minerals aren’t actually that rare, but processing those minerals is extremely complex, and at this point the vast majority of that processing is done in China.  Efforts are already underway to create complete rare earth supply chains here in the United States, but new processing facilities will not start coming online until 2027 at the earliest.  So what will happen to our economy between now and then? (Read More...)

Do you remember the panic buying that we witnessed during the early days of the pandemic?  It’s back, and I have a feeling that it is only going to intensify in the days ahead.  As more Americans begin to realize that products made in China will soon more than double in price and that some may no longer be available at all, there will be a feverish rush to purchase Chinese-made goods.  Ironically, this may actually give a short-term boost to the U.S. economy, and the economic numbers for the first half of this year may end up looking better than they otherwise would have. (Read More...)

Well, isn’t this fun?  News that President Trump had decided to pause some of the tariffs that he recently unveiled for 90 days sent stock prices soaring.  The Dow Jones Industrial Average was up more than 2,900 points on Wednesday, and that is very good news.  But not that much has actually changed, and the global trade war is still officially on.  In fact, President Trump just hiked the tariff rate on Chinese imports to 125 percent… (Read More...)