Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Things have taken a turn for the worse. In recent months, economic activity has been dropping all over the nation, and that decline appears to be accelerating. We just learned that gross domestic income has now fallen for two quarters in a row, and the Conference Board’s index of leading economic indicators has now been plummeting for … Read more
If we don’t fix this, will the retail industry be able to survive? There has always been shoplifting, but in the old days it was at a level that made it only a minor nuisance to the big box retailers. Unfortunately, now everything has changed. Highly organized gangs have developed extremely sophisticated plans for how … Read more
If you wanted to destroy the middle class, one way that you could accomplish that goal would be to flood the system with money. Of course that is precisely what we have witnessed over the past few years. Our leaders have pumped trillions of new dollars into the system, and the wealthy have gotten much, … Read more
If they are actually telling us that a recession is coming this time around, how bad is it going to be? In 2008, officials kept assuring us over and over again that there wouldn’t be a recession, and then we plunged into the greatest economic downturn since the Great Depression of the 1930s. But here … Read more
We are being warned that there could be some real serious economic doom at the beginning of next month if the Democrats and the Republicans cannot agree on a deal to raise the debt ceiling. Experts are telling us that the stock market will crash, the economy will immediately plunge into a recession, and tens … Read more
How would you feel if a million Americans lost their jobs? Would you consider that to be a pretty catastrophic event for the economy? Well, as you will see below, even the Federal Reserve is projecting that more than a million Americans could lose their jobs in the months ahead. Needless to say, Fed projections … Read more
If you could go back and live in 1973, would you do it? To me, that is not an easy question to answer. I think that for many of us it would be a real challenge to adjust to a world without the Internet and so many of the other technologies that we enjoy today. … Read more
Those that are wrecking our economy don’t seem to have much empathy for the millions upon millions of people that they are hurting. As you will see below, one Fed official is actually suggesting that interest rates may need to go even higher even though the interest rate hikes that we have already seen are … Read more