The Economic Collapse

Thanks to a soaring stock market, the wealthy are feeling very good about things right now, but the rest of the country is really hurting.  Homelessness is rising at the fastest pace ever recorded, the number of children that are suffering from hunger is rapidly growing, and more than 60 percent of all Americans are living paycheck to paycheck.  The mainstream media continues to insist that the economy is in good shape, but how can that possibly be true if nearly two-thirds of the entire nation is just barely scraping by?  According to brand new numbers that were just released, the percentage of U.S. adults that live paycheck to paycheck has actually increased by 4 percent just since the month of March… (Read More...)

The United States has become an extremely gluttonous society.  When I say that, I am not just talking about food.  According to Gallup, obesity and diabetes “have both reached record highs”, but that is just a very small portion of the overall picture.  As a society, we have an absolutely voracious appetite for just about anything that is not good for us.  No matter how much we have already consumed, we feel compelled to consume even more.  But of course our level of production is not keeping up with our level of consumption.  So in order to maintain our ridiculously inflated standard of living we must endlessly go even deeper into debt, and all of the debt that we have accumulated is literally destroying the bright future that our children and our grandchildren were supposed to have. (Read More...)

At least things are still good for those at the very top of the food chain.  But for everyone else, economic conditions have already become very painful.  Today, the vast majority of Americans have less money than they did prior to the pandemic, and thanks to raging inflation our standard of living is steadily going down.  We are in the early stages of “the greatest real estate correction” in our history, and 1 out of every five children in the United States does not have enough food to eat.  With each passing day, more members of the middle class join the ranks of the poor, and more poor people find themselves getting kicked out into the streets.  According to the Wall Street Journal, new numbers show that the number of homeless people in the United States has reached a brand new record high… (Read More...)

If it seems to you that the economic headlines that we are being fed by the mainstream media are completely and utterly disconnected from reality, you are definitely not alone.  They tell us that inflation is under control, but I was just at the grocery store today and I could hardly believe the prices.  They tell us that unemployment is “low”, but large companies are laying off workers in droves.  And they tell us that things are getting better for the middle class, but the truth is that by mid-2024 the vast majority of Americans will have less money than they did in 2019… (Read More...)

Will the upgrades that are coming to our strategic nuclear arsenal be ready in time?  Right now, hopelessly outdated Minuteman missiles that first went into service in the 1970s form the backbone of our strategic nuclear arsenal.  The silos where they stand ready to be launched still use rotary phones and 8 inch floppy disks in many cases.  Once they are launched, the brand new S-500 anti-missile systems that the Russians have deployed will be able to intercept them.  Meanwhile, the Russians have introduced a brand new intercontinental ballistic missile known as the Sarmat.  A single Sarmat carries enough firepower to destroy an area the size of Texas, and our anti-missile systems are not able to deal with this new threat.  The balance of power has fundamentally shifted, and so we desperately need to update our capabilities. (Read More...)

Time is running out.  Lately, I have been hearing from so many people that believe that 2024 will be the year when our society goes over the edge.  Our financial system is teetering on the brink of disaster, crime is absolutely exploding all over the country, homelessness is rising at the fastest pace ever recorded, food banks are facing unprecedented demand for their services, and I believe that 2024 will be the most chaotic election year in the entire history of our nation.  And of course all of this is happening in the context of a global environment in which war, pestilences, economic problems, famine and natural disasters are all on the rise.  A “perfect storm” is raging all around us, and millions upon millions of Americans have become deeply concerned about what our immediate future will look like. (Read More...)

We tend to think of the global food crisis as something that is happening on the other side of the world.  And it is certainly true that there are vast hordes of impoverished people that are desperate for food in other areas of the planet right now, because hunger is spreading like wildfire in poor countries.  But the truth is that hunger is spreading rapidly in the United States as well.  According to a report that was just released by the USDA, a whopping 44 million Americans now live in “food insecure households”… (Read More...)

For a long time, it has been clear that the middle class is being systematically destroyed.  The cost of living has been rising faster than paychecks have for years, and this has pushed millions of Americans into poverty.  As for those that were already impoverished, many of them have been pushed out into the streets.  According to the Wall Street Journal, homelessness in the United States is increasing at the fastest rate ever recorded in 2023.  Anyone that thinks that we do not have a major problem on our hands simply has not been paying attention.  At one time, living “the American Dream” was a goal that the vast majority of Americans could aspire to achieve, but now it is out of reach for most of the country.  In fact, a report that was just released concluded that it now takes 3.4 million dollars for the typical U.S. household to live “the American Dream” over the course of a lifetime… (Read More...)