Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Is your job safe? Right now, we are witnessing so much turmoil is so many different sectors of our economy. The housing market is crashing, the cryptocurrency industry has imploded, the tech industry is laying off workers at an extremely frightening pace, and some of our most important retailers are heading into bankruptcy. The information … Read more
Food has become a prime target for thieves, and that should deeply alarm all of us. Once upon a time, shoplifting was a minor nuisance for most retailers in the United States. But today the game has completely changed. Highly organized gangs of thieves are systematically looting stores all over the country, and this is … Read more
The tech industry has become one of the central pillars of our economy, and tech stocks led the way up during the stock market boom. But now tech stocks have been crashing and many of our biggest tech industry companies have been laying off large numbers of workers. If the strongest sector of our economy … Read more
There is a growing consensus that 2023 is going to be a miserable year for the U.S. economy and for the global economy as a whole. In fact, in all the years that I have been writing I have never seen so many big names on Wall Street be so incredibly pessimistic about the coming … Read more
Do you know any adults that still live at home with their parents? If you are like most Americans, you probably know lots of them. Sadly, that is because the percentage of young adults that are living with at least one parent has been trending upwards for decades. Of course the cost of housing is … Read more
Here we go again. When the housing market crashed in 2008 and 2009, large numbers of U.S. homeowners ended up owing more on their mortgages than their homes were worth. When the Federal Reserve started to aggressively hike interest rates earlier this year, I warned that it would happen again, and now that day has … Read more
Will 2022 go down in history as one of the most important economic turning points that we have ever seen? All over the planet, economic activity is beginning to decelerate and uncertainty about the future is in the air. Meanwhile, the cost of living continues to escalate and a very painful energy crisis has begun. … Read more
If you thought that the collapse of FTX was something, just wait until the entire global financial system comes crashing down all around us. Most people just assume that the system is being managed by rational people that behave in rational ways, but of course countless investors assumed the same things about FTX. Sadly, the … Read more