The Economic Collapse

Angry citizens are taking to the streets all over the world, and often they are lashing out in wild and unpredictable ways.  The eruptions of civil unrest that you will read about below are all happening for different reasons, but they all have one thing in common.  People are deeply frustrated with the direction that things are going, and they have lost faith in the ability of their elected representatives to solve their problems.  Unfortunately, this is just the beginning.  For years I have been warning my readers that we will eventually see civil unrest on a scale that we have never seen before.  Could it be possible that we are now entering the leading edge of that storm? (Read More...)

We haven’t seen anything like this in a long time.  A couple of factors are combining to push millions of Americans into a state of food insecurity.  First of all, food prices have been rising aggressively throughout the past year, and so our money does not go nearly as far as it once did.  Meanwhile, food stamp benefits are being slashed.  The federal government had greatly enhanced food stamp benefits for many Americans during the pandemic, but now that emergency program is coming to an end.  So what this means is that many Americans are going to have very little money to spend on food at a time when economic conditions are starting to get really rough. (Read More...)

If you truly wanted complete and total privacy, you would need to give up nearly all of the technology that you are currently using.  I wish that wasn’t true, but this is the reality of the world in which we now live.  The “Big Brother surveillance grid” is constantly growing and evolving all around us, and those that are using it to watch, monitor, track, influence and control us have an insatiable appetite for more data.  They are constantly pushing the envelope, and most people don’t seem to care.  But if we don’t stand up for our rights now, eventually we will find ourselves living in a society where there is absolutely no privacy at all. (Read More...)

By the end of this month, there will be no more Walmart stores in Portland.  More than 641,000 people live within the city limits of Portland, and so you would think that there should be a lot of money to be made there.  But Walmart has decided to wave the white flag.  Portland has been transformed into a complete and utter hellhole, and apparently Walmart executives have determined that things are not going to turn around any time soon.  So they have announced that the last two Walmart stores in Portland that were still operational will be permanently shut down by the end of March… (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 “the worst food crisis in modern history”.  But even though children are literally dropping dead from starvation on the other side of the planet, a lot of people here in the United States refuse to take this crisis seriously.  As long as their stomachs are full they think that everything is just fine.  But the truth is that conditions are also starting to get tight here in the United States. (Read More...)

I am so alarmed by the economic numbers that have been coming out recently.  I wrote about some of them in an article that I posted yesterday, and I am going to write about some more of them today.  Ever since the end of the Great Recession, Americans have been piling up debt at a staggering pace, and now that debt bubble is starting to implode.  There isn’t really a precedent for this, and so we can’t look back at past events in order to project what will happen next.  But it should be obvious to all of us that things will soon start getting really bad in this country. (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 true free market economy, and they pumped trillions of fresh dollars that they literally created out of thin air into the financial system.  Meanwhile, our politicians in Washington were engaging in the greatest debt binge that the world has ever seen.  All of this reckless manipulation seemed to work for a while, but many of us warned that it would inevitably create a major inflation crisis, and that is precisely what happened.  So now the Fed is aggressively hiking interest rates in a desperate attempt to tame the inflation monster that they helped to create, and higher rates are absolutely crushing economic activity. (Read More...)

Inflation is a hidden tax on all of us.  Unfortunately, most Americans don’t understand this.  Most of them cheered when the federal government was handing out free checks as if they were candy.  And most Americans fully approved of the Federal Reserve propping up our financial markets by flooding the system with obscene amounts of money.  But now we are paying the price.  Our money doesn’t go nearly as far as it once did, and the cost of living has become extremely oppressive. (Read More...)