Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
We have never seen anything like this before. According to satellite data that was just released by Reuters, “at least 1 million acres of U.S. farmland” were covered by water for at least seven days this month. That is an agricultural disaster without equal in modern American history, and yet the mainstream media is treating … Read more
According to Agriculture Secretary Sunny Purdue, there “may be as many as a million calves lost in Nebraska” due to the catastrophic flooding that has hit the state. This is not a rumor, this is not an exaggeration, and this is not based on any sort of speculation. This number comes to us directly from … Read more
When economic conditions initially begin to slow down, businesses continue to order goods like they normally would but those goods don’t sell as quickly as they previously did. As a result, inventory levels begin to rise, and that is precisely what is happening right now. In fact, the U.S. inventory to sales ratio has risen … Read more
If the bond market is correct, the U.S. economy is definitely heading into a recession. Over the past 50 years, there have been six previous occasions when the yield on three-month Treasury bonds has risen above the yield on ten-year Treasury bonds, and in each of those instances a recession has followed. Now it has … Read more
We have never seen catastrophic flooding like this, and the NOAA is now telling us that there will be more major flooding for at least two more months. On Thursday, the National Oceanic and Atmospheric Administration warned that “historic, widespread flooding” would “continue through May”. More than 90 percent of the upper Midwest and Great … Read more
Now even the Federal Reserve is publicly admitting that the U.S. economy is slowing down. And that is quite remarkable, because usually the Federal Reserve is extremely hesitant to say that an economic slowdown is taking place. As I pointed out the other day, in 2008 former Fed Chair Ben Bernanke kept insisting that a … Read more
“Slowing international macroeconomic conditions” is just a fancy way to say that the global economy is in big trouble. For months, I have been warning that economic conditions are deteriorating, and we just keep getting more confirmation that we are facing the worst global downturn since the last financial crisis. For the second time in … Read more
One record breaking disaster after another has been hitting America in recent months. At this moment, Nebraska is dealing with the worst flooding that it has ever experienced, and the economic damage being done by all of this flooding is going to be absolutely crippling for many farmers. Of course the floods are the result … Read more