The Economic Collapse

All of the things that we would expect to see at the start of a major economic downturn are happening.  Retail sales are falling, auto sales have been way down, and the housing market is starting to crash like it did in 2008.  But unlike the last recession, we are also dealing with a raging inflation crisis, and this is one of the main reasons why real disposable income declined at the fastest rate that we have seen since the Great Depression last year.  At this point, close to two-thirds of the entire country is living paycheck to paycheck, and more than half the country cannot even afford to pay an unexpected $1,000 emergency expense.  We are in very dangerous territory, because most U.S. consumers are tapped out. (Read More...)

Once upon a time the United States was known as a “Christian nation”, but now our country is moving away from those roots at a pace that is absolutely breathtaking.  I spend a lot of time writing about the ongoing collapse of our economic system, but the truth is that we are witnessing a collapse of faith as well.  In 1972, a Pew survey found that 92 percent of all Americans identified as Christians, but the most recent Pew survey that asked this question discovered that only 63 percent of Americans still identify as Christians at this point… (Read More...)

Economic conditions are much worse than you are being told.  Throughout the past year, prices have been rising much faster than most of our incomes have.  As a result, our standard of living has been rapidly declining.  It has become increasingly difficult for U.S. households to make it from month to month, and as you will see below, more than a third of all U.S. adults are actually relying on their parents to pay at least some of their bills at this point.  But even more alarming is what has been happening to real disposable income.  According to Fox Business, the most recent GDP report revealed that the decline in real disposable income that we witnessed in 2022 was the largest that has been measured since 1932… (Read More...)

Are you ready for a catastrophic war in the Middle East?  When I heard that there had been multiple military strikes inside Iran on Saturday night, I went to several prominent mainstream news websites looking for confirmation.  But I didn’t see any stories about these strikes on any of their front pages.  That puzzled me, because social media is filled with videos of these attacks, and there are lots of stories about them in Middle Eastern news sources.  So why is the mainstream media here in the United States choosing to be so quiet about what is happening inside Iran? (Read More...)

Once the nukes start flying, there will be no going back.  So I hope that you all understand that we are playing for all the marbles here.  Sadly, our leaders don’t seem to get it.  They just keep escalating the conflict in Ukraine, and on the other side the Russians just keep escalating matters as well.  On Thursday, Russia responded to news that the U.S. and Germany would be giving highly advanced tanks to the Ukrainians by firing “a barrage of missiles and drones across the country”.  The Russians are now so invested in this war that there is no way that they could ever back down.  Of course the same thing is true for the Biden administration.  Joe Biden has staked his presidency on winning this war, and Congress has already approved approximately 100 billion dollars in total aid for the Ukrainians.  We are on a collision course with destiny, and the cataclysmic war with Russia that I have been warning about for many years is now right on our doorstep. (Read More...)

I don’t have to tell you that your money doesn’t go as far as it once did.  You see it every time that you go shopping.  Our leaders flooded the system with money and pursued highly inflationary policies for years, and now we are all paying the price.  The cost of living has been rising much faster than our incomes have, and this is systematically destroying the middle class.  Survey after survey has shown that a solid majority of the population is living paycheck to paycheck, and at this point most U.S. consumers are tapped out.  In fact, one brand new survey just discovered that 57 percent of Americans cannot even afford to pay a $1,000 emergency expense… (Read More...)

How can you get people to wake up if they are determined to keep sleeping?  For decades, global events have been moving us in a very ominous direction, and ever since this decade began the pace of change has accelerated dramatically.  But even though we just keep getting hit by one major crisis after another, most people still do not get it.  Almost everyone seems to be under the impression that the massive problems that we are experiencing right now are “just temporary” and that everything will “return to normal” soon.  Meanwhile, apocalyptic scenarios continue to unfold all around us at a breathtaking pace. (Read More...)

A shockingly large wave of layoffs has already begun, and we are being warned that much larger layoffs are coming in the months ahead.  That is very chilling to hear, because job cut announcements are already coming in so rapidly that I couldn’t possibly share them all with you.  I wrote about some of the major layoffs that are happening just a few days ago, and now I have more to share.  We haven’t seen anything like this since 2008, and many of you still have very painful memories of what the “Great Recession” was like.  Unfortunately, America is now plunging into another severe economic downturn, and that means that there will be a tremendous amount of pain in the weeks and months to come. (Read More...)