Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
The tech industry has become one of the central pillars of our economy, and tech stocks led the way up during the stock market boom. But now tech stocks have been crashing and many of our biggest tech industry companies have been laying off large numbers of workers. If the strongest sector of our economy … Read more
This is my rebuttal to those in the federal government and elsewhere that are attempting to claim that the job market is in good shape. No matter how many workers get laid off, the Bureau of Labor Statistics always seems to find a way to post a positive jobs number each month. We were told … Read more
How bad do things have to get before people start realizing that we are in the midst of a full-blown economic crisis? The “experts” on television are endlessly debating about whether or not we are going to have a “recession” this year, and meanwhile economic activity is imploding all around us. The number of homes … Read more
I hope that I am wrong about our immediate economic future, and I hope that all of the other respected voices that are warning of economic doom in 2023 are wrong too. It would be wonderful if things turn in a positive direction at some point during the next 12 months and 2023 turns out … Read more
There is a growing consensus that 2023 is going to be a miserable year for the U.S. economy and for the global economy as a whole. In fact, in all the years that I have been writing I have never seen so many big names on Wall Street be so incredibly pessimistic about the coming … Read more
It amazes me that so many people still cannot understand what is happening. 2022 was supposedly going to be a year when America entered a new golden age of prosperity, but that didn’t happen. Instead, it was a complete and utter disaster. Stock prices fell by the most that we have seen since 2008, the … Read more
The Federal Reserve giveth, and the Federal Reserve taketh away. In a desperate attempt to help the U.S. economy recover from the horrific economic crisis of 2008 and 2009, the Federal Reserve pushed interest rates all the way to the floor and kept them at or near the floor until 2022. During that same time … Read more
I suppose that this is a fitting way to end the year. 2022 has been a year of war, plagues, natural disasters, shortages and severe economic troubles, but up until this month we had not been able to add “an apocalyptic winter storm” to the list yet. Unfortunately, what we have just been through over the … Read more