The Economic Collapse

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 of humanity our leaders should be willing to at least sit down and talk with the Russians.  Because if we stay on the path that we are currently on, eventually somebody will use nuclear weapons.  And once things go nuclear, we could be facing a nightmare scenario in which hundreds of millions of people die. (Read More...)

In our rotting, decaying society, there are literally hordes of rotting, decaying people in the streets.  In this article, I am going to tell you about an immensely powerful drug that is taking America by storm.  It makes people stagger about like zombies, and it also causes raw, gaping wounds that will literally rot away arms and legs if left untreated.  Of course the U.S. was already facing an unprecedented drug crisis even before this new “zombie drug” started to spread like wildfire.  More than a million Americans have died of a drug overdose since 1999, and the drug overdose epidemic has actually greatly accelerated within the past few years.  At this point, more than 100,000 Americans a year are dying from a drug overdose.  According to the CDC, someone dies from an overdose in this country every five minutes, and most of those drug overdose deaths are being caused by a drug known as fentanyl.  An amount of fentanyl equivalent to a grain of rice is enough to kill a person, and right now fentanyl is actually the leading cause of death for Americans between the ages of 18 and 45… (Read More...)

It is kind of like watching a really bad Hollywood disaster movie slowly play out, except in this case billions of people could end up dead.  Thanks to the endless bumbling of the Biden administration, Russia and China have been pushed into each other’s arms, and now they seem determined to confront the western powers together.  For those of you that have not been paying attention, the apocalyptic alliances that we have been anticipating for years have now formed.  It is going to be the U.S. and Europe on one side, and Russia and China will be on the other.  All of the marbles are at stake, and both sides have plenty of nuclear weapons. (Read More...)

It’s happening.  Throughout 2021 and 2022, a whole host of experts were warning that we were going to see another economic crisis like we witnessed in 2008 and 2009, and now it is here.  In fact, it is unfolding at a pace that is even more rapid than most of the experts had anticipated.  The housing market is crashing, hordes of retail stores are closing, the commercial real estate market is headed for a colossal disaster, food prices continue to surge, and the worst wave of layoffs in more than a decade just continues to get even worse.  So many of the economic trends that I have been tracking on The Economic Collapse Blog are now reaching a crescendo, but most Americans still don’t understand how bad things will eventually become. (Read More...)

Joe Biden just made a surprise visit to Kyiv during which he announced that the U.S. is going to be involved for “as long as it takes” to win the war against Russia.  Meanwhile, the Russians have now pulled together far more forces than they originally invaded Ukraine with a year ago.  They intend to fight for “as long as it takes” too.  There are no peace negotiations and there aren’t going to be any peace negotiations.  Both sides are counting on the other side to eventually back down.  But what happens if both sides just keep escalating matters until a “point of no return” is reached? (Read More...)

A lot of people out there have been waiting for the next major economic crisis to arrive.  If you are one of them, you don’t have to wait any longer, because it is already here.  All of the numbers are telling us that we haven’t faced a downturn of this magnitude since 2008.  For example, the Conference Board’s index of leading economic indicators has now fallen for 10 months in a row.  According to Zero Hedge, this is the first time that has happened since the collapse of Lehman Brothers.  And just like we witnessed in 2008, the housing market is crashing.  In fact, the median price of a home in the San Francisco Bay Area has already fallen by a whopping 35 percent… (Read More...)

If you want a perfect example of how corrupt our system of government has become, just look at the massive cover up that is going on in East Palestine, Ohio right now.  Federal, state and local officials are telling the public that everything is just fine when everything is obviously not just fine.  On February 3rd, a 50 car Norfolk Southern train derailed in East Palestine.  5 of the cars were carrying vinyl chloride which is an extremely hazardous substance that has been proven to cause several types of cancer.  Unfortunately, with the approval of Ohio Governor Mike DeWine, a decision was made on February 6th to conduct a “controlled burn” of the wreckage.  They knew that burning the vinyl chloride would create vast amounts of phosgene gas.  By now, most of you already know that phosgene gas was actually used as a chemical weapon in World War I.  The cloud of toxic chemicals that was created by the “controlled burn” was so large that it could literally be seen from space, and the long-term health problems that are being caused all over the east coast could stretch on for decades. (Read More...)

When the going gets tough, it can be extremely tempting to pile on debt as a solution.  The cost of living is rising much faster than most of our paychecks are, and this is putting an enormous amount of financial stress on hard working Americans.  But rather than cutting back on spending, a lot of people are choosing to deal with that financial stress by going into more debt.  In fact, we just learned that U.S. household debt reached an all-time record high of 16.9 trillion dollars last quarter… (Read More...)