Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
This is going to be a long, hot summer that none of us is likely to forget any time soon. Coming into this year, we knew that societal tensions would be running high because 2020 is an election year. Many are convinced that this is the most important election in modern American history, and I … Read more
The last four months have been an unending nightmare for the U.S. economy. Businesses are shutting down at a pace that we have never seen before in American history, the “retail apocalypse” has reached an entirely new level that none of the experts were anticipating prior to this pandemic, and we are in the midst … Read more
The recession of 2008 and 2009 was bad, but it was nothing like this. Even though this new economic downturn is only a few months old, we are already seeing numbers that we haven’t seen since the worst parts of the Great Depression of the 1930s. More than 48 million Americans have filed new claims … Read more
What we are witnessing all over the country right now is incredibly sad. In the aftermath of the tragic death of George Floyd, it would have been wonderful to see the entire nation unite behind an effort to make our society less violent, more just and more peaceful. But instead, we have seen a tremendous … Read more
Is the U.S. economy starting to rebound from the massive downturn that the coronavirus lockdowns caused? Some new employment numbers were released on Thursday, and they were very interesting. Many are boldly declaring that these new numbers are fantastic news for the U.S. economy, but that is greatly oversimplifying matters. So far in 2020, tens … Read more
The coin shortage in the United States is becoming quite severe, and a lot of people are deeply concerned about where this might be leading us. But if you don’t run a business or deal with coins on a regular basis, you may not even know that it is happening. On Monday, my wife told … Read more
There is a lot of talk about the “unemployment rate” these days, but the way that it is calculated has become so convoluted that it is not really that meaningful anymore. Even during the so-called “good times”, more than 100 million U.S. adults were not working, but we were told that the unemployment rate was … Read more
We were supposed to be well into a “recovery” by now, but instead more bad economic news just keeps pouring in. In fact, the numbers that I am going to share with you in this article are absolutely eye-popping. Initially, many of the economic optimists had been trying to convince us that we would experience … Read more