Survey finds that one out of every five Americans could be out of money “by Election Day”

This week we learned that there won’t be any more stimulus checks for the American people before the election, and that prompted tremendous eruptions of anger all over social media.  At first I didn’t understand why people were so angry, but now I do.  It turns out that a substantial portion of the population is desperate for another round of checks because they are almost entirely out of cash.  In fact, a very alarming survey that was just conducted found that one out of every five Americans “could be out of money by Election Day”(Read More...)

20 things that you must believe in order to convince yourself that everything is going to turn out okay somehow

Despite everything that we have already been through in 2020, the dominant narrative in our society right now is that everything is going to be just fine once we get past our temporary problems.  So many people that I hear from can’t understand why I am so “negative” about the future, because they are completely convinced that really great days are just around the corner.  As odd as this may sound, we are seeing this sort of wild optimism among both Democrats and Republicans, Christians and atheists, capitalists and communists.  Of course about half the country will have their optimistic hopes for the future brutally crushed by the results of the upcoming election, but we aren’t there yet.  For now, both sides are absolutely convinced that they are going to win, and both sides are envisioning a wonderful new era for our nation in which their values reign triumphant. (Read More...)

Now we can add “a major war” to the list of things that have happened in 2020

While almost everyone’s attention was diverted, a major war erupted on the other side of the world.  It has been more than a week since Azerbaijan launched their invasion of Nagorno-Karabakh, although the mainstream media in the western world will never use the word “invasion” to describe what is happening.  At most, they will use terms such as “attack” or “offensive”, but without a doubt what is taking place is an invasion.  The population of Nagorno-Karabakh is primarily made up of Armenians, and the region has been self-governing since separatists won an extremely violent war against Azerbaijan in 1994 in which tens of thousands of people died.  Now Azerbaijan is attempting to reassert control over Nagorno-Karabakh, and neighboring Armenia has stepped up to help defend Nagorno-Karabakh.  Unfortunately, this could easily escalate into a much wider war.  Russia has a defense pact with Armenia and a military base inside their territory, Iran has threatened to get involved in the conflict, and Turkey has already sent proxy forces into the region to aid the offensive by Azerbaijan. (Read More...)

15 Signs That America’s Economic Depression Is Accelerating As We Head Toward The Holiday Season

Hardly anyone expected that things would get this bad in 2020.  Once the pandemic hit and states all over the country started instituting lockdowns, economic activity collapsed dramatically.  U.S. GDP was down 31.4 percent during the second quarter of 2020, and that was a drop without parallel in all of U.S. history.  In fact, that decline was more than three times as large as the previous record.  But eventually states started to “reopen” their economies, and U.S. GDP for the third quarter is expected to show a significant rebound when the numbers are finally released.  Of course we still aren’t even close to where we used to be, but at least things weren’t as bad as they were in the second quarter.  But now as the fourth quarter begins, it appears that economic conditions are heading back in the wrong direction again.  The following are 15 signs that America’s economic depression is accelerating as we head toward the holiday season… (Read More...)

A Swarm Of Nearly 600 Earthquakes Rattles Southern California As Speculation About “The Big One” Starts To Rise Again

Over the last few days, a swarm of almost 600 earthquakes has shaken southern California, and a lot of people are becoming extremely concerned about what will happen next.  In fact, if you go on Twitter right now you will find a tremendous amount of speculation that “the Big One” could be coming.  The experts are trying to calm the general public by assuring them that it is probably not likely that “the Big One” is imminent, but they don’t know for sure.  Forecasting earthquakes is not like forecasting the weather, and experts will continue to tell us that a major event is not likely until the day when one finally happens. (Read More...)

Wall Street Is Bracing For A “Nightmare Scenario” To Unfold On November 3rd…

Did you watch the presidential debate?  All over America people are still buzzing about it, because it was definitely unlike any presidential debate that we have ever seen before.  But despite all the chaos, the debate gave us tremendous clarity on one very important issue.  Unless there is a blowout of historic proportions, it is exceedingly unlikely that either side will be willing to concede on the night of the election or any time shortly thereafter.  In other words, the winner of the election may not be known until a long time after November 3rd, and this is being called “the nightmare scenario Wall Street wants to avoid”(Read More...)

This Explosion Of Bankruptcies And Layoffs In The United States Is Unlike Anything We Have Ever Seen Before

The U.S. economy was supposed to be turning a corner by now, but instead it looks like we are headed for an exceedingly painful winter.  All over the country, big companies are laying off thousands of workers, and in some cases the numbers are even larger than that.  As you will see in this article, Disney just announced that they will be laying off tens of thousands of workers, and the airline industry is warning that 100,000 workers could soon permanently lose their jobs if the federal government doesn’t bail them out.  Meanwhile, we have been seeing businesses fail at a pace that is absolutely stunning.  According to the Wall Street Journal, this year we are on pace to set new records for retail stores closings, retail bankruptcies, and retail liquidations… (Read More...)

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