Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
If the Chinese don’t end their blockade of Taiwan, the Biden administration will be under immense pressure to respond. So let us hope that cooler heads prevail in China and that a decision is soon made to end the pointless “military exercises” that the Chinese are currently conducting. When the live-fire drills were first announced, … Read more
Americans haven’t been this negative about the future of the U.S. economy since the financial crisis of 2008. Of course it isn’t exactly difficult to figure out why this has happened. A new recession has begun, inflation is wildly out of control, the housing market has started to crash, and more people are falling out … Read more
Nancy Pelosi knows exactly what she is doing. She knows that going to Taiwan without China’s permission will create a major international incident, but she is doing it anyway. It is being reported that Pelosi will arrive in Taiwan on Tuesday, spend the night in downtown Taipei on Tuesday night, and then potentially meet with … Read more
Have you become numb to all the bad news yet? Almost every single day, something really horrible seems to happen in the United States. It is just one thing after another and it has been that way for months. It is as if we are in the midst of some sort of a “perfect storm” … Read more
Under normal circumstances, this would never happen. Normally, you would never have raging inflation and a housing crash at the same time. But thanks to the Federal Reserve that is precisely what we are now facing. The Fed has created a colossal inflation monster which is going to be exceedingly difficult to tame, and meanwhile … Read more
How would you feel if your power bill went up by 50 percent this winter? How about 100 percent? Unfortunately, these kinds of price increases are already being announced. The world was heading into a major energy crisis even before the war in Ukraine started, and now that conflict threatens to create an extremely severe … Read more
It looks like we are going to get official confirmation that a recession has already begun when the GDP number for the second quarter comes out later this week. But that isn’t what we should be focusing on. Yes, things weren’t great during the first half of 2022, but they are going to be significantly … Read more
You may not want to buy a house right now. What goes up must eventually come down, and we have just entered the “down” side of that equation. Over the past two years, home prices in the United States have gone up nearly 40 percent. Now mortgage rates are rising at a pace that is … Read more