The 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 of us, because the widespread adoption of a new “global currency” would be a giant step forward for the globalist agenda.  The IMF did not create this new currency, but it was unveiled at a major IMF gathering earlier this week… (Read More...)

Once things start getting really crazy in this country, where you live could make all the difference.  As global events have accelerated in recent months, a number of people have been seeking my advice about relocation.  Ultimately, there is no solution that is 100 percent perfect for everybody.  But there are some general principles that I do believe apply broadly, and I will share some of those principles with you in this article. (Read More...)

Everyone can see the slow-motion train wreck that is unfolding right in front of our eyes, but nobody has a plan to stop it.  Unfortunately, from a short-term perspective I don’t know if there is anything that can be done to prevent the commercial real estate bubble from imploding.  Vacancy rates are surging to historic highs all over the nation, and without sufficient rental income many property owners will be forced to default.  In addition, a giant mountain of commercial real estate mortgages will be up for refinancing over the next few years, and substantially higher interest rates will make refinancing those mortgages exceedingly difficult.  We really are facing a “perfect storm” for the commercial real estate industry, and the fallout is going to be absolutely devastating for U.S. banks. (Read More...)

This is moving even faster than a lot of us thought that it would.  For weeks, I have been warning my readers about the coming credit crunch.  When banks get into trouble, they start getting really tight with their money.  That means fewer mortgages, fewer commercial real estate loans, fewer auto loans and fewer credit cards being issued.  But I thought that it would take some time for the credit crunch to fully kick into high gear.  Unfortunately, I was wrong about that.  In fact, it is being reported that during the last two weeks of March bank lending in the United States “contracted by the most on record”… (Read More...)

A lot of people seem shocked that the fabric of our society is steadily unraveling all around us, but the truth is that this shouldn’t come as a surprise to anyone.  What we are witnessing is simply the law of cause and effect in action.  We have discarded the values that this nation was founded upon, and we have replaced them with new “values” that are diametrically opposed to the old values.  So now we live in a hellhole of our own making.  Just about every form of evil that you can possibly imagine is exploding in our society, and crime rates have been rapidly rising all over the nation. (Read More...)

I honestly did not know that things were this bad.  Severe drought is crippling winter wheat production in the middle of the country, agricultural production in many areas of California is being hit extremely hard by unprecedented flooding, and orange production in Florida is down more than 60 percent from last season due to a combination of factors.  Of course this comes at a time when the entire world is dealing with a major food crisis.  As I discussed in a previous article, even CNN is admitting that we are currently in the midst of “the worst food crisis in modern history”.  So this is a year when we need U.S. food production to be very strong, and that simply is not happening. (Read More...)

If our banking system can’t find a way to turn things around, our entire economy will soon be in a world of hurt.  When banks get into trouble, they start getting really tight with their money.  That means fewer mortgages, fewer commercial real estate loans, fewer auto loans and fewer credit cards being issued.  So it should greatly concern all of us that U.S. banks are bleeding deposits at an absolutely staggering pace right now.  During the week ending March 15th, 98.4 billion dollars was pulled out of U.S. banks.  That was really bad, but we just learned that things got even worse the next week.  During the week ending March 22nd, 126 billion dollars was pulled out of U.S. banks… (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 us, because having the primary reserve currency of the world has enabled us to enjoy a massively inflated standard of living.  Once we lose that status, our lifestyles will be much different than they are today.  Unfortunately, most Americans don’t understand any of this.  Even though our leaders have treated the stability of our currency with utter contempt in recent years, most Americans just assume that the dollar will always reign supreme.  Meanwhile, much of the planet is preparing for a future in which the U.S. dollar will be far less important than it is right now.  The following are 7 signs that global de-dollarization has just shifted into overdrive… (Read More...)