Search Results for: collapse of US economy

The layoffs are starting to come at a fast and furious pace now.  At what point will the mainstream media finally admit that we are facing a major crisis?  In recent days, I have been writing quite a bit about the alarming transition that the employment market is going through.  There is a lot more … Read more

2024 is going to be such a crazy year.  So many of the extremely alarming trends that we have been watching for many years are now reaching a crescendo, and events are starting to accelerate at a very rapid pace.  Last week, I wrote about three major developments which have enormous implications for all of … Read more

Americans are going into debt as if tomorrow will never come, but of course tomorrow always arrives eventually.  What we are witnessing right now is truly a historic debt binge, and to many of the experts it seems like there is no end in sight to the unrestrained spending that is going on.  But are … Read more

If the U.S. economy really is in “good shape”, then why are so many prominent businesses rushing to permanently shut down locations that were once profitable?  As you will see below, U.S. banks are closing thousands of branches and U.S. retailers are closing thousands of stores.  If a new golden age of prosperity is dead … 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 … 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 … 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 … Read more

U.S. consumers are getting weaker and weaker and weaker.  Today, debt levels have risen to unprecedented heights, but thanks to roaring inflation our standard of living has been steadily going down.  Most Americans are working extremely hard, but they have very little to show for it.  And now the latest economic downturn is really starting … Read more