Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
The U.S. economy is definitely deviating from the script, and we just got more evidence that “Housing Bubble 2” is bursting. Experts were expecting that new home sales in the U.S. would rise in October, but instead they plunged 8.9 percent. That number is far worse than anyone was projecting, and many in the real … Read more
There is a growing consensus that once the next economic crash finally arrives that it will be significantly worse than what we experienced in 2008. This is something that I have been saying for a very long time, but now even mainstream economists such as Paul Krugman of the New York Times are admitting the … Read more
America’s twin economic “generals” are both in very deep trouble. General Electric was founded in 1892, and it was once one of the most powerful corporations on the entire planet. But now it is drowning in so much debt that it may be forced into bankruptcy. General Motors was founded in 1908, and at one … Read more
A respected foreign journalist living in Ukraine is warning that a war that most Americans cannot even imagine “teeters on the razor thin edge of becoming real”. When Russia opened fire on Ukrainian Navy vessels and captured three of their ships, it made headlines all over the globe. An emergency meeting of the UN Security … Read more
George Soros avoided a loss of more than 17 million dollars by dumping shares of Facebook, Netflix and Goldman Sachs just before the big crash started happening. In other words, he made out like a bandit by selling at the peak of the market. Is he smarter than all the rest of us, did he … Read more
Thanksgiving week was not supposed to be like this. Normally things are slow in the days leading up to Thanksgiving as investors prepare to gorge themselves with turkey and stuffing as they gather with family and friends. But this year the stock market is crashing, and Wall Street is in panic mode. On Tuesday, the … Read more
These large stock market declines are starting to become a regular thing, and tech stocks are getting hit particularly hard. But we have been in a bull market for such a long time that many investors are having a difficult time comprehending what is happening. Many just keep believing that their beloved tech stocks will … Read more
Oil, copper and lumber are all telling us the exact same thing, and it isn’t good news for the global economy. When economic activity is booming, demand for commodities such as oil, copper and lumber goes up and that generally causes prices to rise. But when economic activity is slowing down, demand for such commodities … Read more