Search Results for: global economic collapse

A new global currency just launched, but 99 percent of the global population has no idea what just happened.  The “Universal Monetary Unit”, also known as “Unicoin”, is an “international central bank digital currency” that has been designed to work in conjunction with all existing national currencies.  This should set off alarm bells for all … Read more

For decades, the U.S. dollar was the undisputed king of global currencies, but now dramatic changes are happening.  China, Russia, India, Brazil, Saudi Arabia and other nations are making really big moves which will enable them to become much less dependent on the U.S. dollar in the years ahead.  This is really bad news for … Read more

Fear is in the air.  In recent days we have seen a level of panic that we have not witnessed since 2008, and in such an environment people just want to make sure that their money is safe.  But there are very few places in our financial system that are truly “safe” at this point.  … Read more

Do you remember when wealthy people all over the world would stash their money in Swiss banks because there were so strong and so private?  Well, the second largest bank in Switzerland is literally on the brink of collapse.  As I discussed yesterday, Credit Suisse is a prime candidate to be one of the next … Read more

The wait for the next “Lehman Brothers moment” is over.  On Friday, we witnessed the second biggest bank failure in U.S. history.  The stunning collapse of Silicon Valley Bank is shaking the financial world to the core.  As of the end of last year, the bank had 175 billion dollars in deposits, and approximately 151 … Read more

Americans need to be prepared to eat a lot less beef, because the size of the national cattle herd is steadily shrinking.  And of course this is happening in the context of a much larger crisis.  As I detailed in a previous article, even CNN is admitting that we are currently in the midst of … Read more

Why is the U.S. economy suddenly deteriorating so rapidly all around us?  Well, the short answer is that this downturn is way overdue.  For years, our leaders tried to cheat the laws of economics.  The Federal Reserve pushed interest rates all the way to the floor, which is something that never would happen in a … Read more

I knew exactly what would happen when China unveiled their peace plan for the conflict in Ukraine.  The night before, I told my wife that western leaders would immediately dismiss it.  Sadly, that is precisely what happened.  Of course any peace plan proposed by China was not going to be perfect.  But for the good … Read more