The Economic Collapse

I warned you that inflation was going to get worse.  On Thursday, we learned that the consumer price index was 7.5 percent higher in January than it was a year ago.  We are being told that this was the highest reading since February 1982, and that sounds really bad.  But it isn’t exactly honest, because the truth is that the way the inflation rate is calculated has been changed more than two dozen times since 1980.  So if we are going to compare the rate of inflation today to historical numbers, we should actually be doing an apples to apples comparison. (Read More...)

The last couple of years have not been pleasant, and so nobody wants to hear that more trouble is ahead for the U.S. economy.  Unfortunately, that is precisely what the mainstream media is telling us right now.  A year ago, so many of the talking heads on television were assuring us that a new golden era of prosperity was right around the corner, but of course that wasn’t true at all.  The dismal performance of the economy has been mirrored by Joe Biden’s rapidly declining approval numbers, and at this point there is a tremendous amount of pessimism about the remainder of 2022. (Read More...)

Teetering on a precipice can seem exciting until something comes along that knocks you over the edge.  Unfortunately, the events of the past couple of years have perfectly set the stage for a global economic collapse of unprecedented size and scope.  Inflation is out of control all over the planet, the worst global supply chain crisis since World War II continues to get worse with each passing day, and the vast majority of the global population is just barely scraping by from month to month.  In other words, we have never been more vulnerable than we are right now. (Read More...)

The lack of critical thinking that we see in the world of journalism today is absolutely frightening.  Way too often, the mainstream media simply takes the information that it is being fed and packages it as “truth” for an unsuspecting public.  And since the general public does so little critical thinking at this point, most of the time the misinformation that is being foisted upon us goes virtually unchallenged.  That is one of the reasons why my articles have become so popular over the years.  I am not afraid to challenge the official narratives, and I encourage my readers to think for themselves and to come to their own conclusions. (Read More...)

When you get big enough, it can be tempting to believe that you can treat those that you do not like any way that you want.  But if you treat people like garbage long enough, it is going to bite you in the rear end.  Executives at Facebook apparently thought that they could viciously shut down free expression on their various platforms without damaging their financial performance.  Well, they were wrong.  Vast hordes of really good people have been leaving Facebook and Instagram permanently, but for a while growth from overseas was balancing that out.  Now overseas growth is drying up, and the latest numbers the company just released were do disastrous that it caused a violent reaction on Wall Street.  In fact, Facebook just had the single worst day that any company has ever had in the history of the stock market… (Read More...)

That sure didn’t last long.  Over the past two years, the U.S. government borrowed and spent trillions of dollars that we did not have, and the Federal Reserve unwisely pumped trillions of fresh dollars into our financial system.  Of course all of that money was going to be a short-term help for the economy, but it was also going to make our long-term problems even worse.  So what did we get in turn for mortgaging our future?  Well, it turns out that we got a few months of economic stability, tremendous inflation, and the worst supply chain crisis in the history of the United States. (Read More...)

The United States and Russia are on a collision course.  Unfortunately, the guys running the show in both countries are not exactly sane, and they deeply, deeply distrust one another.  So what happens when a bunch of lunatics decide to play a game of chicken with the fate of the entire world at stake?  Unfortunately, it appears that we are about to find out. (Read More...)

I am going to try to make as much noise about this crisis as I can, because we have never faced anything like this in modern times.  Global fertilizer prices have tripled, and we are being warned that this is going to have a catastrophic impact on food production all over the world.  On Monday, an article that I wrote about this went viral all over the Internet.  On Zero Hedge alone, my article has been viewed more than a quarter of a million times.  The reason why the article is so popular is because the corporate media in the United States is largely ignoring this story.  But it should be front page news all over the country, because this is going to affect every man, woman and child on the entire planet. (Read More...)