Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Americans are on an absolutely spectacular debt binge. Does this mean that the economy is getting better, or does this mean that U.S. consumers are totally tapped out and are relying on borrowed money to make it from month to month? On Monday, the Federal Reserve announced that total consumer credit in the United States … Read more
We are witnessing a religious shift that is unprecedented in size and scope in American history. With each passing year, the percentage of Americans that claim no religious affiliation is growing, and this trend is especially pronounced among our young people. If things continue to steadily move in this direction, that is going to have … Read more
Nothing is going to be the same after this. On Friday, the United States hit China with 34 billion dollars in tariffs, and China immediately responded with similar tariffs. If it stopped there, this trade war between the United States and China would not be catastrophic for the global economy. But it isn’t going to … Read more
Up until now, the U.S. trade war with China has simply been a bunch of threats and counter-threats, but now things are about to get very real. On Friday, the first round of U.S. tariffs on Chinese goods becomes official, and these tariffs are going to fundamentally alter the economic relationship between the two largest … Read more
We have not seen Wall Street this jumpy since just before the great financial crisis of 2008. As I have explained so many times before, when the waters are calm and there is low volatility, markets tend to go up. And when the waters are choppy and volatility starts to spike, markets tend to go … Read more
We are in the midst of the worst retail apocalypse in American history, and it seems to be getting worse with each passing month. Many of the “experts” blame the growth of online retailers, and without a doubt online retail sales have been surging. In fact, I sell far more through Amazon.com than I do … Read more
On Friday, Michael Moore went on Bill Maher’s HBO show and suggested that the U.S. military would side with progressives in a civil war against Donald Trump. You can watch Moore make these comments on YouTube right here. The very next day, Antifa thugs violently clashed with pro-Trump conservatives that had gathered for a prayer … Read more
We haven’t seen anything like this since the financial crisis of 2008. Investors are taking money out of global stock funds at a pace that we haven’t seen in 10 years, and many believe that this is a harbinger of tough times ahead. Global stocks lost about 10 trillion dollars in value during the first … Read more