Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
This wasn’t supposed to happen. Once states started to “reopen” their economies, the tsunami of unemployment was supposed to end. But instead, we continue to see Americans lose jobs at a pace that is far beyond anything we have ever seen before in all of U.S. history. All the way back in 1982, there was … Read more
In all of U.S. history we have never seen anything like this. I have been sitting at my desk for quite a while searching for the proper words to convey the gravity of what we are facing, and to be honest it has been quite a struggle. On Thursday, we learned that another 3.8 million … Read more
What the head of the UN’s World Food Program just said should be making front page headlines all over the globe. Because if what he is claiming is true, we are about to see global food shortages on a scale that is absolutely unprecedented in modern history. Even before COVID-19 arrived, armies of locusts the … Read more
Fear of COVID-19 has unleashed economic chaos on a scale that has already surpassed anything that we witnessed during the last recession, and as you will see below, we are now being warned that “the worst is yet to come”. Many Americans are hoping that things can start to return to normal as the U.S. … Read more
If the U.S. economy remains in shutdown mode for the next several months, we are going to witness layoffs like we have never seen before in U.S. history. Of course what we have already witnessed is difficult to believe. Last week more than 3.2 million Americans filed initial claims for unemployment benefits, and that was … Read more
Fear of COVID-19 has fundamentally transformed our entire country in a matter of weeks, and as long as people are afraid of this virus life is definitely not going to return to normal. In fact, every “shelter-in-place” order in America could be lifted tomorrow and economic activity would not rebound even close to previous levels … Read more
Are you prepared for the nationwide shutdown that is happening now to last for the next 18 months? You may not believe that such a thing will happen, but the federal government apparently does. A 100 page government plan marked “For Official Use Only // Not For Public Distribution or Release” was obtained by the New … Read more
In all of U.S. history, we have never seen the Dow Jones Industrial Average go from an all-time high to a bear market as quickly as we just did. As I keep reminding my readers, the stock market is all about how investors view the future. Early this year, extremely irrational optimism about the future … Read more