Search Results for: Disney

The biggest companies in the United States are giving the axe to hundreds of thousands of workers, but this should not come as a shock to any of us.  Officials at the Federal Reserve were warned over and over again that they were going to create an extremely harsh economic environment if they aggressively raised … Read more

Is another domino about to fall?  Our system was greatly shaken when Silicon Valley Bank and Signature Bank suddenly collapsed, but we seem to have weathered that storm.  But what will happen if an even larger bank goes under?  As of March 31st, First Republic had approximately 290 billion dollars in assets, and that makes … Read more

Right now, financial institutions all over America are getting really tight with their money.  That means that less credit will be available for consumers and businesses, and that will mean less economic activity in the months ahead.  When economic activity slows down, more businesses fail, more layoffs happen, and more consumers start defaulting on their … Read more

Once in a while, there is a moment that embodies what is going on in our society as a whole.  For me, one of those moments came on Saturday night.  A 45 foot tall animatronic dragon at Disneyland erupted in flames, but most of the people at the park seemed to think that it was no … Read more

What will our financial system look like once the 20 trillion dollar commercial real estate industry implodes?  You might want to start thinking about that, because the truth is that the industry is in a tremendous amount of trouble.   Occupancy rates are extremely low and getting lower, rising interest rates have created all sorts of … Read more

When there is fear in the air, banks start getting really tight with their money, and right now there is lots of fear in the air.  A major credit contraction would be a nightmare scenario for the economy, and as you will see below, there is evidence that this is already starting to happen.  Hopefully … Read more

They are desperately trying to plug one leak in the system after another, but what happens if the entire system suddenly comes crashing down all around them?  Back on January 4th, I specifically warned that our problems would “greatly accelerate over the next 12 months”, and that is precisely what has happened.  We are now … Read more

It appears that the tsunami of layoffs that started late last year is starting to accelerate.  January was a horrible month for job losses, and major layoff announcements are coming fast and furious here in February.  But of course the Biden administration would have us believe that everything is just fine.  Last week, the government … Read more