Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
The Dow Jones Industrial Average plummeted another 496 points on Friday as panicked investors continue to pull billions of dollars out of the stock market. With less than two weeks to go until Christmas, the markets are not supposed to be experiencing this kind of turmoil, but it is happening and there is no end … Read more
There never was any “collusion with Russia”, but the Mueller investigation opened the door for investigators to keep turning over rocks, and it was inevitable that they were eventually going to find something. In America today, we are governed by literally millions of laws, rules and regulations, and nobody has more laws that they must … Read more
The middle class has been steadily shrinking, but most Americans still believe that they are a part of it. Perhaps this is due at least in part to the egalitarian values which have been pounded into our heads for most of our lives. Very few Americans would have the gall to define themselves as “upper … Read more
The rapidly exploding U.S. national debt is about to cross another critical threshold. According to the U.S. Treasury, the debt of the federal government is currently sitting at $21,854,296,172,540.94, and at our current pace we will likely hit the $22 trillion mark next month. This is a horrifying national crisis, and yet nothing is being … Read more
Netflix originally had a truly disruptive business model and they fundamentally changed the way that Americans consume media, but now they are heading for the same fate as Blockbuster. For years, Netflix was really the only game in town, but now content costs are spiraling out of control and new competitors with even deeper pockets … Read more
Somebody out there apparently does not want President Trump to make a trade deal with China. Just after U.S. and Chinese officials agreed to suspend the implementation of new tariffs for 90 days, one of China’s most important tech executives was literally kidnapped as she was changing planes in Canada. Huawei CFO Meng Wanzhou was … Read more
Fear is spreading like wildfire on Wall Street, and on Friday we witnessed yet another wave of panic selling. The Dow Jones Industrial Average fell another 559 points, closing at 24,389. Previously I had warned that once we solidly broke through 25,000 that it could trigger an avalanche of panic selling, and that is precisely … Read more
Things are sure getting wild on Wall Street. On Thursday, the Dow Jones Industrial Average plummeted almost 800 points before roaring back and recovering nearly all of those losses. The Dow closed just 79 points lower for the day, and if you only looked at the final number you would be tempted to believe that … Read more