Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Liquidity injections are like a drug, and the financial markets just can’t get enough of them. But as they were endlessly juicing the stock market, officials at the Federal Reserve broke one of the cardinal rules of drug dealing. You never get high on your own supply. It turns out that quite a few of … Read more
Why are companies all over the world suddenly desperate for workers? In my entire life I have never seen anything like this. When the labor shortage started in the United States, a lot of people blamed overly generous government handouts, but that doesn’t explain why the exact same thing is happening in nation after nation … Read more
This wasn’t supposed to happen. We were promised that once Joe Biden was in the White House that the tremendous anger that was building up in our country would start to subside, but that obviously is not happening. In fact, as you will see below, Americans have been getting even angrier. Needless to say, the … Read more
For a long time I have been warning that global food prices would rise dramatically, and that is precisely what we have witnessed over the past 12 months. Unfortunately, global wages are not rising nearly as quickly as global food prices are, and so this has pushed millions and millions more people into poverty and … Read more
If you live near a major U.S. city, you don’t have to go to a movie theater to see a horror show. Instead, just find out where fentanyl-laced heroin is being sold and go hang out with the drug addicts for a few hours. If you survive the encounter, it will be an experience that … Read more
Things just continue to get crazier and crazier. In all of the years that I have been writing about the economy, I have never seen anything like this. The latest employment report that was released on Friday is being described as a “huge disappointment” because the number of Americans that were hired last month was … Read more
The “good times” were supposed to be rolling by now, but instead the wheels are starting to come off, and the economic outlook for the rest of the year is not good at all. Just yesterday, I warned my readers that things were about to get worse, and it only took exactly a single day … Read more
Thanks to extreme disruptions caused by the global response to the pandemic, millions upon millions of Americans are going to have a very disappointing holiday season. Supply chains are in a state of complete and utter chaos all over the world, and now we are being told that it will remain this way for the … Read more