The Economic Collapse

Even the most wild optimists are starting to sound like “doom and gloomers”.  In fact, even the most optimistic woman on Wall Street is now telling us that the U.S. economy is in a recession right now.  At one time, Cathie Wood seemed like she could do no wrong.  Many of her wildly optimistic stock predictions kept coming true, and she gained hordes of Internet followers that hung on her every word.  In 2020, her ARK Innovation fund outperformed the S&P 500 by a very wide margin, and pundits such as Jim Cramer were calling her a “genius”… (Read More...)

The head of the United Nations just warned that we are heading into an “unprecedented global hunger crisis”, and people are already dropping dead of starvation in Africa.  For months I have been documenting the signs that severe food shortages were on the way, and now they have begun.  Of course there are many reasons why we are facing such a dire situation.  Weather patterns have gone completely haywire all over the planet, the COVID pandemic has played havoc with global supply chains, and the war in Ukraine is greatly restricting the flow of agricultural resources out of one of the key breadbaskets in the entire world.  Unfortunately, what we have experienced so far is just the tip of the iceberg. (Read More...)

There have been many times in the history of this country when we have seen tremendous outbursts of anger, but most of those faded fairly quickly.  For example, the rioting that we witnessed in the aftermath of the death of George Floyd was horrifying, but it only lasted for a matter of weeks.  This time around, we are facing a national temper tantrum that won’t be measured in weeks or months.  Unless the Supreme Court reverses course on abortion, and I don’t expect that will happen any time soon, the temper tantrum that we are witnessing now is not likely to have an ending point.  Millions of hellish ghouls have been stirred up into a state of immense rage, and the entire nation is going to pay the price. (Read More...)

Almost everyone has heard about the rapidly growing global energy crisis by now, but most people assume that this crisis will eventually go away because they think that authorities have everything under control.  Unfortunately, that is not true at all.  This crisis has taken our leaders by surprise, and now many of them have shifted into panic mode because they realize that there will be no easy fixes.  Decades of neglect and foolish decisions have brought us to the precipice of a nightmare, and many of us are going to be absolutely astonished by some of the things that happen in the months ahead. (Read More...)

What I am about to share with you is a developing situation, and I hope to share more once the facts become clearer.  It appears that a very serious diesel crisis is coming in the months ahead, and that will have a dramatic impact on our economy.  As you will see below, we are being warned that there will be shortages of diesel fuel, diesel exhaust fluid and diesel engine oil.  Most diesel vehicles require all three in order to run, and so a serious shortage of any of them would be a major disaster.  Needless to say, simultaneous shortages of all three could potentially be catastrophic.  Most Americans don’t spend much time thinking about diesel, but without it our supply chains collapse and we don’t have a functioning economy.  In a recent Time Magazine article discussing the coming diesel fuel shortage, we are told that “the U.S. economy runs on diesel”… (Read More...)

Did you know that Kansas is known as “the Wheat State”?  In 2021, it produced nearly one-fourth of all wheat that was harvested in the United States.  Needless to say, we really need Kansas to come up big again this year because the war in Ukraine and a number of other factors have combined to bring us to the precipice of an absolutely horrifying global food crisis.  Unfortunately, things are not going well in Kansas this year.  In fact, wheat crops in much of the state are failing on a massive scale… (Read More...)

We are being warned well ahead of time that it is coming.  Joe Biden has publicly admitted that the coming food shortages are “going to be real”, and the head of the UN World Food Program is now telling us that we could soon see “hell on Earth” because the lack of food will be so severe.  Food prices are already escalating dramatically all over the globe, and food riots have already erupted in Sri Lanka and elsewhere.  But most people in the western world are treating this crisis as if it is no big deal.  Many seem to assume that our leaders have everything under control and that things will work out just fine somehow. (Read More...)

Trillions of dollars in market wealth has already been wiped out, and investors are bracing for a chaotic second half of 2022.  We truly haven’t seen anything like this since the financial crisis of 2008.  The early months of 2020 were volatile due to the eruption of the COVID pandemic, but the Federal Reserve quickly rushed to the rescue.  The Fed poured trillions of dollars into the system, and that spurred a rally that was absolutely breathtaking.  But this time around the Fed isn’t going to be riding to the rescue any time soon.  The Fed is committed to raising interest rates in a desperate attempt to get inflation under control, and the size of the Fed balance sheet is now being reduced.  So there will be no artificial life support for the financial markets for the foreseeable future, and that is really bad news for those that are seeing their portfolios get absolutely monkey-hammered. (Read More...)