Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Have you checked on the health of your investments lately? If not, you may be surprised to find out where things currently stand. As the “everything collapse” accelerates, trillions upon trillions of dollars of wealth is being wiped out. Many that thought that they were financially set for the rest of their lives are now … Read more
Will this be the last “somewhat normal” holiday season for U.S. retailers? Normally, the holiday season is the most profitable time of the year for our retailers, but it has become clear that holiday spending is going to be way down in 2022. Meanwhile, there are a couple of long-term trends that won’t be going … Read more
Another domino has fallen. We are being told that the failure of FTX “would be kind of like a Lehman Brothers event”, and at this hour FTX is on the verge of collapse. There was a chance that FTX could survive when Binance announced a shocking rescue plan, but after looking at the books Binance … Read more
A lot of people out there have been waiting for this stock market bubble to implode for a really long time. Well, the wait is now over. Stock prices have been falling for months, but what we have witnessed within the past couple of weeks has been absolutely breathtaking. Trillions upon trillions of dollars worth … Read more
When you get big enough, it can be tempting to believe that you can treat those that you do not like any way that you want. But if you treat people like garbage long enough, it is going to bite you in the rear end. Executives at Facebook apparently thought that they could viciously shut … Read more
Are you ready for another nightmare? Earlier this year, the COVID lockdowns that were instituted all over the nation resulted in the worst economic downturn since the Great Depression of the 1930s and forced more than 60 million Americans to file claims for unemployment benefits. After seeing how well that first round of lockdowns worked, one … Read more
The mainstream media keeps trying to convince us that things are about to get a whole lot better for the U.S. economy, but instead they just keep getting worse. On Thursday, we learned that another 898,000 Americans filed new claims for unemployment benefits last week. That was the highest number that we have seen since … Read more
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 … Read more