Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Global stocks are falling precipitously once again, and banking stocks are leading the way. If this reminds you of 2008, it should, because that is precisely what we witnessed back then. Banking stocks collapsed as fear gripped the marketplace, and ultimately many large global banks had to be bailed out either directly or indirectly by … Read more
The middle class in America has been declining for decades, and we continue to get even more evidence of the catastrophic damage that has already been done. According to the Social Security Administration, the median yearly wage in the United States is just $30,533 at this point. That means 50 percent of all American workers … Read more
Another extremely bloody border protest on Friday has pushed Israel and Hamas to the brink of war. The Egyptians had been urging Hamas to tone down the border protests, but that did not happen. Instead, Hamas is pledging to continue the border protests for as long as it takes to end the Israeli blockade. So … Read more
We haven’t had an October like this in a very long time. The Dow Jones Industrial Average was down another 327 points on Thursday, and overall the Dow is now down close to 1,500 points from the peak of the market. Unlike much of the rest of the world, it is still too early to … Read more
Could it be possible that the Federal Reserve is attempting to influence the outcome of the upcoming midterm elections? Just weeks before Americans will go to the polls, the Fed has been making headline after headline with talk about interest rate hikes. And they very well understand that interest rate hikes will rattle investors and … Read more
It appears that a major war between Israel and Hamas is imminent. For the past six months, Hamas has been staging violent protests along the Israeli border in an attempt to end the Israeli-Egyptian blockade. Those protests have escalated in recent weeks as Egyptian efforts to broker a long-term ceasefire have faltered. During these violent … Read more
The bigger they come, the harder they fall. Currently, we are in the terminal phase of an “everything bubble” which has had ten years to grow. It is the biggest financial bubble that our country has ever seen, and experts are warning that when it finally bursts we will experience an economic downturn that is … Read more
It looks like it could be another tough week for global financial markets. As the week began, markets were down all over the world, and relations between the United States and Saudi Arabia have taken a sudden turn for the worse. That could potentially mean much, much higher oil prices, and needless to say that … Read more