Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Despite everything that we have already been through in 2020, the dominant narrative in our society right now is that everything is going to be just fine once we get past our temporary problems. So many people that I hear from can’t understand why I am so “negative” about the future, because they are completely convinced … Read more
Hardly anyone expected that things would get this bad in 2020. Once the pandemic hit and states all over the country started instituting lockdowns, economic activity collapsed dramatically. U.S. GDP was down 31.4 percent during the second quarter of 2020, and that was a drop without parallel in all of U.S. history. In fact, that … Read more
We were warned to “brace ourselves” as we entered the month of September, and this month has definitely turned out to be a critical turning point. As I write this article, some of the biggest wildfires in history continue to rage on the west coast, political activists are preparing for weeks of chaos in Washington … Read more
If you are deeply concerned about what is going to happen in November, you are definitely not alone. Experts on both sides of the political spectrum have been warning that it is very likely that we will not know the winner of the presidential election until well after November 3rd, and everyone pretty much agrees … Read more
If you could go back to 1950, would you do it? There would be no Internet, no cellphones and you would only be able to watch television in black and white. But even though they lacked many of our modern conveniences, people genuinely seemed to be much happier back then. Families actually ate dinner together, … Read more
When disaster strikes, the first instinct that some people have is to go out and loot homes that have been evacuated. I wish that this wasn’t the case, but it seems to happen every time that we see a huge natural disaster. You have to be quite sick to want to take advantage of people … Read more
If this is “the recovery”, what are things going to look like once economic conditions start to deteriorate again? As you will see below, more than half of all households in some of our largest cities “are facing serious financial problems”, and Americans continue to file for unemployment benefits at a rate that the United … Read more
As the chaotic events of 2020 have unfolded, large numbers of young people have moved back in with their parents, and this has pushed the percentage of Americans in the 18 to 29-year-old age bracket that live with their parents to the highest level ever recorded. Without a doubt, the collapse of the economy has … Read more