Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
This seemingly endless COVID pandemic is causing immense stress for millions of ordinary Americans. In past articles, I have discussed the fact that surveys have shown that Americans are drinking more alcohol and taking more drugs during this pandemic. Even more alarming, we have seen suicide rates spike over the past 12 months as well. … Read more
The economic downturn that we are currently experiencing is making the last recession look like a Sunday picnic. Yes, 2008 and 2009 were bad, but they weren’t anything like this. Unprecedented intervention by the Federal Reserve has allowed the rich to get even richer during this crisis, but meanwhile millions upon millions of ordinary Americans … Read more
There seems to be a growing consensus in Washington that the only way to fix the worst economic downturn in more than 70 years is by giving out much more free money. Joe Biden wants more “stimulus”, Treasury Secretary Janet Yellen wants more “stimulus”, and most members of Congress from both parties want more “stimulus”. … Read more
Isn’t it amazing how all of the lockdowns can now be lifted now that Donald Trump is no longer president? It has been less than a week since Joe Biden was inaugurated, and COVID restrictions are being ended in Michigan, Chicago, California and New York. What an odd coincidence, eh? Now that Democrats are running … Read more
For those that can’t detect sarcasm, I am not actually sharing “investment advice” in this article. Rather, I am pointing out how absurd our financial markets have become at this point. While the real economy is mired in the worst economic downturn since the Great Depression of the 1930s, the stock market just keeps soaring … Read more
If your economy is “spiraling downward”, is that a good sign or a bad sign? To me, that doesn’t sound good at all, but if I am mistaken please tell me. I just want to make sure that I am not “misinterpreting” anything. Brian Deese, the man who will shortly be serving as the head … Read more
The restaurant industry is in the midst of a complete and total meltdown that is unlike anything that we have ever seen before. If you ask Google how many restaurants there are in the United States, it will tell you that there are 660,755, although that number is a few years old. But for the … Read more
Well, it looks like we are going to get $600 stimulus payments from the federal government after all. Oh goody! For the millions of Americans that are on the brink of being evicted from their homes, that will be enough for about half a mortgage payment or about half a month of rent. Many are … Read more