Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
What recourse do we have when our public health officials completely and utterly fail us? I don’t know if we could have prevented COVID-19 from spreading widely in the United States even if everything had been done perfectly, but the truth is that we will never know. When this outbreak first started, visitors from the … Read more
We haven’t seen anything like this since the last financial crisis erupted in 2008. Wall Street has been gripped by a tremendous amount of fear, and the volatility that we are witnessing would have been unimaginable just a couple of months ago. On Monday, the Dow Jones Industrial Average fell 2,013 points. To put that … Read more
If you thought that we had more time before this coronavirus pandemic exploded out of control in the United States, I am sorry to say that you are out of luck. In all of the major nations in the western world, the number of confirmed cases escalated dramatically over the past few days. Here in … Read more
The term “black swan event” is increasingly being used to describe this coronavirus outbreak, and many are concerned that what we are headed for will be much worse than what we experienced in 2008 and 2009. Already, we have witnessed a staggering drop in global demand, Wall Street has had to deal with the wildest week … Read more
We haven’t seen anything cause this much worldwide fear in a really long time. But even though there is so much fear, we still don’t know if this is going to evolve into the next great global pandemic that kills millions of people or not. I wish that I had a definitive answer for you. … Read more
Has the Federal Reserve finally met an opponent that it won’t be able to defeat? Ever since the last financial crisis, unprecedented intervention by the Fed at key moments has kept the economy and the financial system relatively stable. No matter what has come along, it has seemed like the Federal Reserve has always had … Read more
This is already the most frightening virus outbreak that we have seen in the past several decades, and it appears that it is just getting started. A week ago, there were about 3,000 confirmed cases outside of China and now there are more than 10,000. 4,812 cases have been confirmed in South Korea, 2,036 cases … Read more
I can’t remember a time when we have seen such widespread “panic buying” all over the nation. Today I spoke with someone that just visited the closest Wal-Mart in this area, and I was told that there are empty shelves all over the store. There are very few canned goods left, some of the most … Read more