Vast Stretches Of America Are So Depressed That They Look Like Something Out Of A Horror Movie

The wealthy are doing just fine at the moment, but they don’t seem to understand that much of the country is deeply hurting right now.  59 percent of Americans believe that the U.S. economy is currently experiencing a recession, and that is because most of them are personally experiencing economic pain.  Literally just about everything is substantially more expensive in 2024, more major layoffs are being announced with each passing day, and thousands of businesses are going bankrupt.  We haven’t seen a tsunami of economic suffering like this in a long time. (Read More...)

Thousands Of Businesses Are Going Bankrupt, But The Economy Is “Fine”

Businesses are declaring bankruptcy at a much faster rate than they did last year.  Thousands upon thousands of once thriving businesses are failing, but this just must be another sign that the economy is “fine”.  No matter how bad the numbers get, we are assured that the people running things have everything under control and that the outlook for the future is wonderful.  Of course I understand that this is an election year and virtually everyone is trying to put their own unique spin on things.  But there is no possible way that you can make numbers like these look good… (Read More...)

Things Just Got Even More “Interesting” In The Middle East And In Ukraine

Most people don’t seem to realize this yet, but we have entered a time of global war.  While millions in the western world are partying, an apocalyptic all-out war is threatening to erupt in the Middle East and Ukraine has launched a surprise invasion of Russia.  Needless to say, seeing Ukrainian troops come pouring across Russia’s lightly defended border in the Kursk region came as quite a shock to Vladimir Putin and his generals.  The Ukrainians have decided to take things to the next level, and the Russians are beyond angry.  Meanwhile, Israel is bracing for a “large scale” Iranian attack at any time… (Read More...)

A “Retail Apocalypse” Is Gaining Momentum All Over America. Is Your Favorite Chain Closing Stores?

Why are retailers closing thousands of stores if the U.S. economy is in good shape?  Of course the truth is that the U.S. economy is not in good shape at all.  The cost of living crisis is absolutely crushing working families all over the nation, and U.S. consumers simply don’t have as much discretionary income as they once did.  Needless to say, our retailers are highly dependent on discretionary spending, and many of them have been reporting very disappointing sales numbers recently.  Sadly, the problems that our retailers are experiencing are only going to intensify as U.S. economic activity continues to slow down. (Read More...)

Why Has The United States Been Shaken By So Many Unusual Earthquakes Lately?

It is getting very difficult to ignore all of the shaking that is going on.  Over the past few months, there have been very unusual earthquakes all over the United States.  As you will see below, there have been noteworthy quakes on the west coast, on the east coast, near our northern border, and near our southern border.  Of course all of this comes at a time when the entire planet is being shaken by unusual seismic activity.  Is all of this unusual seismic activity building up to something?  If so, what does that mean for all of us? (Read More...)

This Isn’t The End For The Financial Markets – The Truth Is That This Is Just The Beginning Of The Chaos…

If you are surprised by what is happening in the financial world right now, you probably haven’t been paying much attention.  Stock prices were obscenely high and many investors were massively overleveraged.  The Dow Jones Industrial Average plummeted by more than 1,000 points on Monday, and stock prices are still obscenely high and many investors are still massively overleveraged.  During the days ahead, we are going to see some wild ups and some wild downs, and this tragedy is going to take some time to fully play out.  But without a doubt, we have got a major problem on our hands. (Read More...)

The Wheels Have Started To Come Off For The U.S. Economy, And The Worst Is Yet To Come

For a long time, there was a lot of denial about the direction that the U.S. economy was heading.  The Biden administration and the mainstream media just kept insisting that everything was just fine even though everyone could clearly see that it wasn’t.  But now reality is setting in.  Last week we got some numbers that Wall Street really didn’t like, and a massive temper tantrum ensued.  The panic that we witnessed on Friday was quite breathtaking, and many are concerned that it could bleed over into the new week.  Investors are desperate for the Federal Reserve to cut interest rates, but so far the Fed has not moved. (Read More...)

Wall Street Is Starting To Freak Out About The Horrendous State Of The U.S. Economy

It looks like investors are starting to figure it out.  Bad economic numbers continue to come pouring in, but so far the Federal Reserve has refused to pull the trigger on a rate cut.  We have seen this story before, and it never ends well.  It is often said that “he who hesitates is lost”, and in this case the Fed’s hesitation could mean a tremendous amount of economic pain during the months ahead.  On Thursday, Wall Street responded to the Fed’s inaction by throwing a bit of a temper tantrum.  At one point the Dow Jones Industrial Average was down 744 points, and it closed the session down 494 points… (Read More...)

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