Over the years, the big tech companies have made enormous amounts of money by monetizing discussions about politics. But now that Twitter and Facebook have silenced President Trump and have deeply alienated large portions of their user bases, their stock prices are tumbling. I figured that this would happen, but I didn’t anticipate that it would happen this rapidly. To be honest, what we are witnessing is nothing short of breathtaking. For example, at one point on Monday Twitter’s market value had fallen by five billion dollars… (Read More...)
Without Freedom Of Speech, What Is Going To Happen To America?
It is quite ironic that many of those that are always telling us that we need “diversity” in our society are also some of the strongest voices against a “diversity of viewpoints” on social media. The founders of this nation wanted to make sure that nobody would ever take the right to freedom of speech away from us, and that is why it was enshrined in the Bill of Rights. Unfortunately, courts have greatly eroded that right over the last several decades, and now we are facing an all-out assault on freedom of speech that is unlike anything that we have ever seen before. And once freedom of speech is completely gone, all of our other rights will soon follow, because there will no longer be any way to defend them. (Read More...)
The Worse Things Get, The More The Stock Market Likes It
No matter how bad things become, stock prices just keep going up and up and up. In 2020, we experienced the worst public health crisis in 100 years, the U.S. economy was plunged into the worst economic downturn since the Great Depression of the 1930s, Americans filed more than 70 million claims for unemployment benefits, and civil unrest raged in major cities all across the United States. Meanwhile, we witnessed the greatest stock market rally in American history. No matter what happened, nothing could seem to dampen the wild euphoria on Wall Street. (Read More...)
Experts Are Warning That The Stock Market Could Fall Dramatically If Democrats Take Control Of The Senate
The results from Georgia are going to have enormous implications for the financial markets. If Democrats win both of the seats that are up for grabs, that will give them control of the Senate, the House of Representatives and the White House. For the first time since the first two years of Barack Obama’s presidency, the Democrats would have an opportunity to advance their agenda without compromising with the Republicans, and that is extremely frightening for investors. The Democrats have made it very clear that they intend to raise taxes on big corporations and the ultra-wealthy, and that wouldn’t be good for the stock market bubble at all. (Read More...)
The U.S. Has Lost More Than 110,000 Restaurants, Setting The Stage For A Commercial Real Estate Collapse Of Epic Proportions
The restaurant industry is in the midst of a complete and total meltdown that is unlike anything that we have ever seen before. If you ask Google how many restaurants there are in the United States, it will tell you that there are 660,755, although that number is a few years old. But for the purposes of this article, that is a good enough estimate. Americans love to eat out, and restaurant workers are some of the hardest working people in the entire country. So it is incredibly sad to see more restaurants constantly going under. In some cases, restaurants that have served their communities for decades are deciding to permanently close their doors. For example, over the weekend Sammy’s Roumanian Steakhouse in New York City announced that it had finally reached the end of the road… (Read More...)
The United States Has Become A Banana Republic
If we continue destroying the U.S. dollar at our current pace, toilet paper will eventually be more valuable than U.S. dollars. I know that sounds absolutely crazy, but it is true. Once the COVID pandemic hit the United States, those that control the levers of power in this country decided to go “full Weimar” and they never looked back. As a result, the size of our money supply is rising at a rate that would have been unimaginable just a few short years ago. To illustrate what I am talking about, I would like for you to check out this chart that was posted on Twitter by James Turk. As you can see, M1 was up by more than 50 percent in 2020. (Read More...)
20 Numbers From 2020 That Are Almost Too Crazy To Believe
2020 has been a year that none of us will ever forget. We experienced the worst global pandemic in 100 years, we witnessed the worst economic downturn since the Great Depression of the 1930s, civil unrest erupted in major cities all over America, and we had one of the wildest presidential elections in our history. Other than that, it was a pretty quiet year. For a few moments, let’s take one more look back at the past 12 months. The following are 20 numbers from 2020 that are almost too crazy to believe… (Read More...)
Why Have Murder Rates Absolutely Skyrocketed All Over America In 2020?
We have seen spikes in certain major cities before, but there has never been a year quite like this. In 2020, murder rates have been soaring dramatically from coast to coast, and many are deeply concerned about what our big metropolitan areas will look like if this trend continues into 2021 and beyond. The civil unrest that erupted in the aftermath of the death of George Floyd certainly contributed to the rising numbers, but authorities have been shocked that murder rates have remained so elevated all year long. Americans are killing Americans in record numbers, and nobody seems to have a solution to this growing national crisis. (Read More...)