The Economic Collapse

Are the financial markets about to be greatly shaken? The housing market is imploding, corporate bankruptcies are surging, there are all sorts of warning signs in the employment market, and much of the population is feeling our seemingly endless cost of living crisis very keenly. But so far the stock market has seemed immune to the growing problems that are plaguing the real economy. We have witnessed an AI-driven stock market boom in recent months, and those at the top of the economic pyramid have greatly benefited. (Read More...)

It is exciting to see the price of gold soar to unprecedented levels, but we should also be horrified by what is happening to the U.S. dollar.  For years, many of us warned that debasing our currency was a really bad idea.  There are two primary ways that our leaders have done this.  Firstly, we have added more than 27 trillion dollars to the national debt since 2009.  Borrowing money that we do not have and pumping it into the economy temporarily raises our standard of living, but it also debases our currency.  Secondly, the Federal Reserve created trillions of dollars out of thin air and used it to buy bonds.  A lot of pundits hailed “quantitative easing” as a wonderful thing when it was introduced, but it has had very serious consequences.  Now the wealthy are swimming in cash, but the value of our currency has plummeted and our standard of living has crashed.  The first half of 2025 was the worst first half of a year for the U.S. dollar in more than 50 years.  In other words, the purchasing power of your money has gone way down. (Read More...)

During the weeks ahead, I will be watching Israel and Iran like a hawk.  Prior to the 12 day war between Israel and Iran earlier this year, it was clear that something was up.  Now we are witnessing similar signs, and many experts are concerned that the very fragile ceasefire that was agreed to at the end of the 12 day war could soon collapse.  Iran is rebuilding their nuclear sites and is telling western countries that there will be no more negotiations.  On the other side, the U.S. and Israel have both pledged that Iran will not be allowed to rebuild their nuclear program.  In fact, on Sunday President Trump publicly threatened to bomb Iran again… (Read More...)

Chaos has erupted on the streets of America.  We used to talk about civil unrest and political violence as threats that would be coming in the future, but now they have become reality.  And of course the domestic terror crisis that we are now dealing with is just one element of “the perfect storm” that we are now facing.  As economic conditions continue to deteriorate and as global events continue to go haywire, domestic terrorism will get even worse.  The groups that are committing acts of domestic terror are very highly organized, and they are recruiting more crazed lunatics with each passing day. (Read More...)

I hear from so many people that are deeply hurting right now. If you are one of those people, I want you to know that you aren’t alone. There really are millions of Americans that are completely stressed out over their finances. There really are millions of Americans that can’t seem to find work no matter how hard they try. And there really are millions of Americans that can’t believe how expensive things have become. Of course there is a small segment of our society that is doing perfectly fine. The wealth of the top 1 percent has reached $52 trillion, and CEO salaries have jumped 1,094 percent since 1978. Many of those that are sitting at the top of the economic pyramid wonder what all of the fuss is about. But for the rest of us, we know how badly economic conditions have deteriorated because we are living it every day. The following are 18 numbers which clearly show what direction things are going… (Read More...)

I am so glad that I am not a young adult looking for a job in this very difficult economic environment.  Every month, federal bureaucrats tell us that the unemployment rate in this country is low, but at this point everyone knows that the numbers that they give us are fake.  The reality of the matter is that it is now “the toughest time in years” to find a good job in the United States, and that is particularly true for our young people.  According to Mark Mitchell, a Rasmussen Reports survey that will soon be released will show that only 48 percent of U.S. adults under the age of 30 currently have a full-time job… (Read More...)

The agriculture industry in the United States is deeply broken. Farmers are the foundation of it all, but they are being financially squeezed from every direction. They are being squeezed by the giant monopolies that control the seeds, fertilizer and machinery that they need. And they are also being squeezed by the giant monopolies that purchase most of what they produce. Meanwhile, demand from overseas has dried up thanks to the global trade war. U.S. farmers really are facing a “perfect storm”, and as a result most farms are losing money and bankruptcies are surging. (Read More...)

Political violence and mass shootings have become so common in the U.S. that a lot of us are numb to all of it by now. Day after day, there are more incidents in the news. In fact, the horrific acts of violence that I talked about a few days ago have already been drowned out by several new incidents that happened over the weekend. This is not normal. When I was a young boy, the churches that I attended did not have any security and I never dreamed that someone would come in and start shooting. But now that sort of thing happens all the time. On Sunday, a 40-year-old man rammed his truck into a Mormon church in Michigan and opened fire on the hundreds of people that were gathered inside… (Read More...)