Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Is the United States heading for another absolutely devastating housing crash? It has been 10 years since the last one, and so many of the exact same signs that immediately preceded the last one are starting to appear once again. Back in 2007, home prices were absolutely soaring and it seemed like the party would … Read more
What kind of number for GDP growth in the 2nd quarter will we get on Friday? The market consensus is somewhere around 4 percent, but there are many out there that are expecting a number above 5 percent. The last time we witnessed such a number was during the third quarter of 2014 when the … Read more
Is this the beginning of the fall of Facebook? After announcing disappointing numbers for the second quarter on Wednesday, Facebook’s stock price plunged more than 20 percent in after-hours trading. If that decline holds on Thursday, it will be the biggest stock price drop in Facebook’s entire history. But the truth is that we will … Read more
In every war there is a high price to pay, and this trade war will not be any different. The normal flow of goods and services around the globe is being severely disrupted, and even though this trade war has barely just begun, it is already having an enormous impact on the U.S. economy. Even … Read more
Despite all of the other crazy news that is happening all around the world, the top headlines on Drudge on Monday evening were all about the record heatwave that is currently pummeling the Southwest. Of course it is always hot during the summer, but the strange weather that we have been witnessing in recent months … Read more
Seven times since the 1960s we have seen the yield curve invert, and in each of those seven instances an economic recession in the United States has followed. Will this time be any different? Today, the yield curve is the flattest that it has been in 11 years, and many analysts believe that we will … Read more
If the U.S. economy is “doing well”, then why are almost 40 million Americans still on food stamps? That number is almost exactly where it was at the end of the last recession, and supposedly we have made so much progress since that time. Of course any progress that has been made has been extremely … Read more
Even though it has always been kind of crazy, at one time Portland, Oregon was quite an attractive place to live, but now those days are long gone. Today, the city streets are strewn with garbage, drug paraphernalia and human feces. Mentally ill homeless people and drug addicts wander about like zombies, and there are … Read more