I suppose that congratulations are in order. It is no small feat to pile up a debt of $315,000,000,000,000, and we will never see a mountain of debt of this magnitude ever again after it comes crashing down. Even though delinquency rates are rising all over the world, as long as conditions remain at least somewhat relatively stable the game will be able to continue. Unfortunately, conditions won’t be relatively stable for long. Global events have started to accelerate significantly, and that is really going to shake things up in the months ahead. (Read More...)
Why Are Vast Numbers Of People Relocating To Small Towns All Over The Country?
In recent years, Americans have been fleeing our largest cities in unprecedented numbers, and many of them have decided to settle down in quiet little towns all over the country. There are many reasons why this is happening, and I will highlight several of them below. If this trend continues, what will our major metropolitan areas look like? Violence, theft, drugs, homelessness and international migration have all risen to crisis levels and are putting a tremendous amount of strain on our core urban areas. Meanwhile, many small towns are absolutely booming as wave after wave of big city refugees comes pouring in. (Read More...)
When People Get Extremely Desperate And Extremely Hungry, They Will Literally Eat Just About Anything
If your family was on the verge of starving to death, to what extremes would you be willing to go in order to get food? Some of the things that I am going to share with you in this article may make you cringe. But you need to understand what people are willing to do when they get extremely desperate and extremely hungry, because the global food crisis that has already begun is going to greatly intensify in the years ahead. Hundreds of millions of people go to bed hungry every single night, and children are literally dropping dead from starvation on the other side of the globe right now. Unfortunately, most people in the western world don’t even realize that this is going on because the corporate media rarely reports on it. War, pestilence, natural disasters, bizarre weather patterns and historic crop failures are creating a “perfect storm” for global food production. It is being projected that later this year things will get really bad in some of the poorest areas of the planet, and the long-term outlook is even worse. (Read More...)
America In 2024: Fast Food Is A “Luxury”, 11 Million Children Live In Poverty, And 1000s Of Stores Are Closing
Little by little, our standard of living has been eroding. A couple decades ago, we had the largest and most prosperous middle class in the history of the world, but now most of the country is struggling. At this point, fast food is considered to be a “luxury”, 11 million children are living in poverty, and thousands of stores are permanently shutting down all over the United States because consumers have so little discretionary income these days. We are in the midst of a historic cost of living crisis, and those at the bottom of the economic food chain are being hit the hardest. (Read More...)
China Is Practicing For An Apocalyptic War Against Taiwan, And The Western World Is Still Not Taking The Threat Seriously
China has just launched enormous military exercises codenamed “Joint Sword-2024A” which are designed to simulate what a war against Taiwan would look like. Chinese fighter jets are conducting mock airstrikes against “high-value military targets”, and Chinese warships are practicing for a future economic blockade. Most Americans don’t seem to realize this, but once China goes to war with Taiwan, we will instantly be in a state of war with China. The flow of consumer products from China will completely stop, we will no longer have access to the advanced computer chips from Taiwan that we are so dependent upon, and the economy will crash. All of our lives will be turned completely upside down the moment that war with China begins, and that day may be a lot closer than most people think. (Read More...)
America’s Housing Market Is In A Deep Freeze
This is a very bad time for those that work in the real estate industry. Thanks to the Federal Reserve, mortgage rates are much higher than they were a couple of years ago, and this has deeply frozen America’s housing market. Millions upon millions of U.S. homeowners are currently paying off fixed rate mortgages that were financed when mortgage rates were at historic lows. If you are one of those homeowners, selling your current home and buying another home that will come with a mortgage at a much higher rate would be very painful financially. So vast numbers of current homeowners feel “locked in” to their current homes. At this point, the number of Americans that are selling homes has fallen to a depressingly low level, and the number of Americans that are buying homes has fallen to a depressingly low level. This isn’t going to change until interest rates go down significantly, but the Federal Reserve is very hesitant to reduce interest rates because of the nightmarish cost of living crisis that we are facing. So our housing market will probably continue to be in a deep freeze for the foreseeable future. (Read More...)
Bidenomics Is The Beginning Of The End For The U.S. Economy
I have a great idea. Let’s wildly print money, let’s systematically destroy the reserve currency of the globe, let’s add a trillion dollars to the national debt every 100 days, let’s strangle the economy with all sorts of ridiculous regulations, let’s dramatically hike interest rates, let’s make things exceedingly difficult for our domestic energy industry, and let’s allow theft, violence, homelessness and migration to run wild. Then we’ll sit back and see what happens. What I have just described is essentially what we have witnessed over the last three years. Joe Biden and others in positions of power in Washington are running our economy into the ground. The system really is coming apart at the seams, and Bidenomics really is the beginning of the end for the U.S. economy. (Read More...)
The Gap Between The Rich And The Poor Is Larger Than Ever, And Frustration Is Growing To Very Dangerous Levels
Have you ever felt like you can never seem to get ahead no matter how hard you try? If so, you are definitely not alone. The gap between the ultra-wealthy and the rest of us has never been greater, and more wealth is being transferred to the top of the pyramid with each passing day. Unfortunately, our economy has evolved into a highly centralized system that is designed to drain wealth from those that do not own wealth-producing assets and transfer it to those that do own wealth-producing assets. Sadly, even most of our homes and most of our vehicles have been turned into wealth-producing assets by the elite. Every month when you make your mortgage payment and your vehicle payment, you are making the wealthy even wealthier. The entire system is designed to get you deep into debt and keep you paying on that debt until you die. (Read More...)