Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
This holiday season is certainly going to be far less jolly for millions of Americans. Yesterday, I detailed 11 signs that economic activity in the U.S. is rapidly declining. Well, today we have gotten even more bad news. Thanks to deteriorating economic conditions, Americans plan to buy a lot less stuff this holiday season. In … Read more
The last time interest rates were this high, the U.S. economy plunged into “the Great Recession” and millions of Americans lost their jobs. But the Federal Reserve is not going to stop here. In fact, Fed Chair Jerome Powell is telling us that more rate increases are on the way and that officials at the … Read more
They are trying really hard to convince all of us that everything is just fine. But close to one-fifth of the U.S. population is skipping meals because food prices are too high. And nearly 40 percent of our small businesses couldn’t pay rent in October. Our leaders are trying to put a positive spin on … Read more
Things haven’t looked this bad for the U.S. economy since 2008. We are in the midst of the worst inflation crisis in decades, the housing market has started to collapse, some of the largest companies in America have begun laying off workers, and economic activity is slowing down all around us. Of course Joe Biden … Read more
Earlier this year the Federal Reserve declared war on inflation, and since that time we have seen a series of interest rate hikes that has been absolutely breathtaking. We knew that this would negatively impact the financial markets, and we have already seen trillions of dollars in asset values wiped out. We also knew that … Read more
Normally, we shouldn’t have economic stagnation and rampant inflation at the same time. But that is exactly what we’ve got. U.S. GDP actually declined during the first two quarters of this year, and we are being warned that economic activity could slow down a whole lot more in the months ahead. Meanwhile, we are in … Read more
It’s wake up time. For months, there has been a tremendous amount of denial out there. So many of the “experts” assumed that the Federal Reserve and other central banks had everything under control and that things would “return to normal” before too long. But that hasn’t happened. Instead, the wheels seem to be coming … Read more
Europe is facing an extremely cold winter that will be filled with energy shortages, blackouts and absurdly high power bills. All across the continent, ordinary people can see what is coming, and many of them are starting to panic. Demand for wood stoves is off the charts, and many Europeans are hoarding wood and other … Read more