Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Do you remember when wealthy people all over the world would stash their money in Swiss banks because there were so strong and so private? Well, the second largest bank in Switzerland is literally on the brink of collapse. As I discussed yesterday, Credit Suisse is a prime candidate to be one of the next … Read more
Welcome to the great banking collapse of 2023. Please try to enjoy the ride. When FTX crumbled, I explained to my readers that it was not the first domino to fall and that it certainly would not be the last. Sadly, that prediction turned out to be completely accurate. Within the last week, we have … Read more
The widespread panic that we just witnessed is definitely not what the bureaucrats at the Federal Reserve were anticipating. Following the second largest bank collapse in U.S. history on Friday and the third largest bank collapse in U.S. history on Sunday, the Federal Reserve unveiled an unprecedented rescue plan that was supposed to end the … Read more
What in the world just happened? On Friday, Silicon Valley Bank collapsed and was taken over by regulators, and then on Sunday regulators swooped in and shut down New York’s Signature Bank. In a desperate attempt to prop up faith in our rapidly failing banking system, the Federal Reserve unveiled an emergency plan late on … Read more
The wait for the next “Lehman Brothers moment” is over. On Friday, we witnessed the second biggest bank failure in U.S. history. The stunning collapse of Silicon Valley Bank is shaking the financial world to the core. As of the end of last year, the bank had 175 billion dollars in deposits, and approximately 151 … Read more
Major employers all over America are announcing mass layoffs, but the mainstream media continues to insist that everything is just fine. Every month the Biden administration gives us numbers that suggest that the economy is stable, and most mainstream reporters willingly go along with that narrative. But anyone with half a brain should be able … Read more
The mainstream media continues to tell us that the economy is in fine shape, and you can believe that if you want. But evidence continues to mount that indicates that we are headed for very serious trouble. Inflation is out of control, home sales have fallen for 12 months in a row, large corporations all … Read more
Angry citizens are taking to the streets all over the world, and often they are lashing out in wild and unpredictable ways. The eruptions of civil unrest that you will read about below are all happening for different reasons, but they all have one thing in common. People are deeply frustrated with the direction that … Read more