The Economic Collapse

What in the world just happened to the job market?  The unexpectedly bad numbers that have just come in have truly been a shock to many of us.  Yes, we knew that conditions were getting worse during the early stages of this year.  In fact, the Federal Reserve Bank of New York has publicly admitted that the labor market “deteriorated noticeably” during the first quarter of 2025.  But now it is becoming clear that our economic slide is threatening to become an economic avalanche. (Read More...)

Why are thousands of Walmart workers suddenly “vanishing” all over the nation? And why are vast numbers of agricultural workers suddenly no longer showing up for work? What I am about to share with you is extremely alarming. During the “open border years”, our economy became extremely dependent on very cheap migrant labor. Now that the border has been secured and mass deportations are occurring, major employers throughout the country are experiencing a case of severe whiplash. (Read More...)

The U.S. dollar just keeps getting weaker and weaker, and that is a major problem because our current standard of living depends on having a strong dollar.  When the U.S. dollar is strong relative to other national currencies, our paychecks stretch farther and we can buy more stuff.  Conversely, when the U.S. dollar is weak relative to other national currencies we can’t buy as much stuff and our standard of living goes down.  So the fact that the U.S. dollar is “having its worst start to the year since 1973” should deeply alarm all of us… (Read More...)

One of the most important Shiite clerics in the entire world, Grand Ayatollah Makarem Shirazi of the Iranian holy city of Qom, has just issued a fatwa which officially declares Donald Trump to be an “enemy of God”.  In Iran, those that are designated to be “enemies of God” under Islamic law are normally executed.  According to an Iranian news source, the reason why Grand Ayatollah Makarem Shirazi has issued this fatwa is because Trump threatened Iran’s Supreme Leader Ayatollah Khamenei and other top Iranian leaders… (Read More...)

While everyone has been preoccupied with the war in the Middle East and the anti-ICE protests going on around the nation, economic conditions in the U.S. have continued to deteriorate.  The housing market is in abysmal shape, consumer spending is down and layoffs are way up.   Meanwhile, fear of our seemingly endless cost of living crisis is preventing the Federal Reserve from cutting interest rates, and we shouldn’t expect any additional “economic stimulus” from our politicians in Washington any time soon because the federal government is already facing an unprecedented debt crisis.  In other words, our economy is a giant mess and the cavalry isn’t going to come riding along to save us. (Read More...)

Nobody seems to know what happened to Iran’s enormous stockpile of enriched uranium.  Until we learn the fate of that uranium, I think that it is premature for anyone to be declaring victory.  Of course now that the ceasefire appears to be holding, everyone is declaring victory.  Israel is declaring victory, Iran is declaring victory, and President Trump is declaring victory.  But what is the truth? (Read More...)

Can anyone explain to me what just happened?  The last 24 hours have been beyond weird.  Just hours ago, everyone was freaking out because Iran had just fired a bunch of missiles at a major U.S. military base in Qatar.  But then we found out that most of the missiles were intercepted, not a single person was hurt, and very little damage was done.  On top of everything else, President Trump announced that the Iranians had informed the U.S. that the missiles were coming in advance… (Read More...)

Our way of life depends on cheap energy.  If you remove cheap energy from the equation, our society will be thrown into a state of chaos.  The Iranians know that closing the Strait of Hormuz is one of the most powerful forms of leverage that they possess, because the world is deeply dependent on the oil that travels through that waterway.  We don’t know exactly how this crisis will play out, because the Strait of Hormuz has never been closed in modern times.  But as I pointed out earlier this month, we were warned that Israel would attack Iran, the global price of oil would rise, and the increase in the price of oil would be blamed on Israel.  And that is precisely what has happened.  Israel has attacked Iran, the global price of oil has been increasing, and many are blaming Israel for what has transpired.  Unfortunately, the truth is that this crisis is just getting started. (Read More...)