Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
The official start of winter is just a few days away, and many small business owners are concerned that their businesses won’t be able to make it to the start of spring. This is particularly true for those small businesses that rely on face to face interaction with the general public. Restaurants, bars, gyms, coffee … Read more
What would the United States look like if we lost half of our small businesses? The reason I ask that question is because approximately half of all small business owners in the entire country believe that they may soon be forced to close down for good. Not even during the Great Depression of the 1930s … Read more
We already knew that this was going to be the worst winter for the U.S. economy since the Great Depression of the 1930s, but now a new round of lockdowns threatens to rip the guts out of hundreds of thousands of small businesses all around the country. As I write this article, 33 million people … Read more
When people become desperate enough, those in power can get most of them to do just about anything. The first wave of lockdowns knocked us into the worst economic downturn since the Great Depression of the 1930s, it sent suicide rates soaring all over the globe, and it plunged millions upon millions of ordinary citizens … Read more
Unless there is emergency intervention, tens of millions of Americans could be facing eviction once the holiday season is over. We kicked the can down the road throughout 2020, but all of the rent that was originally owed to landlords all over the country is still due, and they are very eager to collect. Countless … Read more
Did you hear the good news? The Dow Jones Industrial Average hit 30,000 for the first time ever this week. In the midst of the worst economic downturn since the Great Depression of the 1930s, the stock market has been soaring to heights that we have never seen before. What we have been witnessing is … Read more
This is a really odd time to be having a “housing boom”. We are in the middle of the worst public health crisis in 100 years, endless civil unrest has been ravaging many of our largest cities, and we are experiencing the worst economic downturn since the Great Depression of the 1930s. But even though … Read more
Even Jerome Powell is admitting that the boom years are over. For months, I have been trying to explain to my readers that the debt-fueled “prosperity” that we were enjoying prior to the COVID pandemic won’t be coming back, and initially I received quite a bit of criticism for saying that. But that criticism has … Read more