Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Censorship of the Internet has been getting worse for years, but we just crossed a threshold which is going to take things to a whole new level. On August 25th, a new law known as the “Digital Services Act” went into effect in the European Union. Under this new law, European bureaucrats will be able … Read more
The Biden administration is trying really hard to convince us that the U.S. economy is doing just fine, but the numbers just keep getting worse and worse. Consumer confidence is plummeting, large corporations are conducting mass layoffs all over the country, and major retailers are really struggling right now. Meanwhile, some of the smartest guys … Read more
We aren’t quite there yet, but an enormous credit card debt crisis is definitely brewing. Americans are becoming increasingly dependent on their credit cards to make ends meet from month to month, the percentage of us that are carrying balances from month to month is growing, and the average rate of interest on such balances … Read more
The latest numbers are horrible, and they are going to get even worse if the Federal Reserve pushes interest rates even higher. We were warned that high rates would have an enormous negative impact on the economy, and that is precisely what has happened. Layoffs are way up so far this year, the commercial real … Read more
If the American people have lost faith in almost all of our major institutions, how is our civilization going to survive? If any collective effort is going to work, people have to believe in that effort. That is true whether we are talking about a sports team, a business partnership, a romantic relationship or a … Read more
Supply chain problems were supposed to be a thing of the past, but instead our supply chains just keep getting hit by issue after issue. Have you noticed that it has become really difficult to acquire parts and get things repaired? It isn’t just your imagination. And have you noticed that store shelves seem rather … Read more
Not another one. As I have repeatedly warned my readers, leaders all over the globe seem to have come down with a really bad case of war fever. Instead of sitting down and attempting to find solutions through diplomacy, many of our leaders seem quite eager to use military force to settle matters these days. … Read more
Do you remember what happened in 2008? Many people believe that another historic financial disaster is coming and that it will absolutely devastate the U.S. economy. Earlier this week, I wrote about an investor named Michael Burry that has actually bet 1.6 billion dollars that the stock market is going to crash. He made all … Read more