Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
It is happening again. More than a decade ago, we witnessed an absolutely unprecedented “housing bubble” in the United States followed by a horrific crash that resulted in millions of Americans losing their homes and a financial catastrophe on Wall Street that we still talk about today. But instead of learning our lessons from that … Read more
I have really been struggling to come up with an accurate way of describing the current state of the U.S. economy, because none of the traditional labels seem to apply. Inflation is out of control, and that normally happens when an economy is overheating. But of course the U.S. economy is not overheating. In fact, … Read more
Just as the western world was accelerating the transition away from traditional forms of energy, the COVID pandemic caused the most epic supply chain crisis in history, and now the largest land war in Europe since World War II has thrown global energy markets into a state of complete and utter chaos. And if you … Read more
A lot of people out there have been waiting for this stock market bubble to implode for a really long time. Well, the wait is now over. Stock prices have been falling for months, but what we have witnessed within the past couple of weeks has been absolutely breathtaking. Trillions upon trillions of dollars worth … Read more
If you think that things are bad now, just wait until we get into the second half of this year. Global food supplies have already gotten very tight, but it is the food that won’t be produced during this current growing season in the northern hemisphere that will be the real problem. Worldwide fertilizer prices … Read more
Is this “the Big One”? On Wednesday, I warned that the Federal Reserve had made a “colossal mistake” when it increased its benchmark interest rate by 50 basis points, and it looks like investors on Wall Street fully agree. We just witnessed one of the largest single day stock market crashes in history, and of … Read more
You don’t raise interest rates when the economy is already falling into a recession. U.S. GDP contracted during the first quarter of 2022, and if it contracts again in the second quarter of 2022 that will officially confirm that we are already in a recession right now. Any central banker that would choose to raise interest … Read more
Before you get upset with my headline, please read my analysis. I think that overturning Roe v. Wade is long overdue, and it is an absolutely wonderful thing for our country. But as I will explain in this article, that step alone won’t dramatically change the number of abortions that are performed in the United … Read more