Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
The most dangerous volcano in Mexico just erupted 200 times in a 24 hour period, but there has been an almost total blackout about this in the U.S. media. Authorities are saying that the odds of more volcanic activity at Mt. Popocatepetl are “immediate to high”, and if a full-blown Plinian eruption were to occur … Read more
Just like we witnessed during the last recession, major retailers are laying off tens of thousands of workers, and it looks like this will be the worst year for store closings in all of U.S. history. Many are referring to this as “the retail apocalypse”, and without a doubt this is one of the toughest … Read more
We have never seen anything like this before. According to satellite data that was just released by Reuters, “at least 1 million acres of U.S. farmland” were covered by water for at least seven days this month. That is an agricultural disaster without equal in modern American history, and yet the mainstream media is treating … Read more
According to Agriculture Secretary Sunny Purdue, there “may be as many as a million calves lost in Nebraska” due to the catastrophic flooding that has hit the state. This is not a rumor, this is not an exaggeration, and this is not based on any sort of speculation. This number comes to us directly from … Read more
When economic conditions initially begin to slow down, businesses continue to order goods like they normally would but those goods don’t sell as quickly as they previously did. As a result, inventory levels begin to rise, and that is precisely what is happening right now. In fact, the U.S. inventory to sales ratio has risen … Read more
If the bond market is correct, the U.S. economy is definitely heading into a recession. Over the past 50 years, there have been six previous occasions when the yield on three-month Treasury bonds has risen above the yield on ten-year Treasury bonds, and in each of those instances a recession has followed. Now it has … Read more
We have never seen catastrophic flooding like this, and the NOAA is now telling us that there will be more major flooding for at least two more months. On Thursday, the National Oceanic and Atmospheric Administration warned that “historic, widespread flooding” would “continue through May”. More than 90 percent of the upper Midwest and Great … Read more
Now even the Federal Reserve is publicly admitting that the U.S. economy is slowing down. And that is quite remarkable, because usually the Federal Reserve is extremely hesitant to say that an economic slowdown is taking place. As I pointed out the other day, in 2008 former Fed Chair Ben Bernanke kept insisting that a … Read more