The Economic Collapse

Home prices are falling all over the nation.  Should we be cheering or should we be concerned?  In this article, I am going to discuss two distinct scenarios.  In one scenario, lower housing prices could be a really good thing for our economy.  But if another scenario plays out, we could potentially be looking at a repeat of the chaotic days of 2008 and 2009. (Read More...)

If you listen long enough, people will eventually tell you exactly what they truly believe. Unfortunately, we have just learned what Ukrainian President Volodymyr Zelensky truly believes about the war with Russia, and it is not good news at all. Apparently Zelensky is convinced that there will not be a permanent state of peace until all of Donetsk, all of Luhansk and all of Crimea belong to his government. Needless to say, the Russians will never hand all of Donetsk, all of Luhansk and all of Crimea over to Ukraine willingly, and so they will need to be taken by force. Since the Ukrainians cannot do this alone, they will be seeking to enlist the help of others, and that is what should deeply alarm all of us. (Read More...)

I have to admit that I am feeling pretty frustrated today.  Last week, there was so much optimism that we could finally see peace, but now “war fever” has returned with a vengeance.  The situation in the Middle East threatens to spiral out of control, there is a very real possibility that the U.S. military could soon be conducting operations in Mexico and Venezuela, and it appears that our last chance for peace with Russia could be going up in smoke.  I was writing about a coming war with Russia many years before it became fashionable, and I continue to warn in the strongest terms possible about what will happen if we do not reverse course.  But of course world leaders do not listen to people like us, and they continue to make decisions that could drag us into the unthinkable. (Read More...)

Other than the early months of the pandemic, we haven’t seen anything like this for a long time.  Mass layoffs are happening all over the nation, major retailers and large restaurant chains are deeply struggling, and the cost of living is out of control.  I am going to share more numbers with you today that confirm that a very painful economic downturn is now upon us.  For example, a survey that was recently conducted by outplacement firm Careerminds discovered that 78 percent of HR leaders in the U.S. admit that their companies have been through multiple rounds of layoffs.  In fact, 40 percent of HR leaders in the U.S. say that layoffs are now occurring quarterly at their companies… (Read More...)

You may be quite shocked by the numbers that I am going to reveal in this article. So many people are bitterly complaining about the rising cost of living, and so I decided to do some investigating. What does it really cost for a family of four to live the “American Dream” today? As I was doing my research, what I discovered deeply alarmed me. (Read More...)

What I am about to share with you is some of the clearest evidence yet that the middle class in America is being systematically destroyed.  Young adults are forming middle class households at an extremely depressed rate, and that is because the American Dream is simply out of reach for most of them in this very harsh economic environment.  If you can’t get a good job that pays an adequate wage, you aren’t going to be able to live a middle class lifestyle.  Sadly, many older Americans simply do not understand how difficult things have become for our young adults in this day and age. (Read More...)

Do you feel knots in your stomach due to financial stress? If so, you certainly have lots of company. All of a sudden, everyone is talking about the cost of living and prices are rising by double-digit percentages all around us. There are so many people out there right now that feel like they are “drowning” because no matter how hard they try there simply isn’t enough money for everything. Unfortunately, we are being warned to brace ourselves for even more inflation in the months ahead. (Read More...)

Well, that was quite a shock.  We just got confirmation that inflation is starting to accelerate once again.  That is really bad news, because the cost of living has already been stressing people out all over the country.  In fact, one recent survey found that 86 percent of Americans are stressed out about grocery prices.  But it isn’t just the cost of food that has been going up.  We have been getting slammed by double-digit price increases in every direction, and that is having enormous consequences.  Our standard of living is eroding with each passing month, and as a result the middle class is steadily shrinking. (Read More...)