Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Our entire economy is fueled by debt. In fact, if going into more debt was suddenly banned the U.S. economy would instantly hit a brick wall. For the vast majority of us, our lifestyles simply cannot be funded by what we actually make. So we use debt to bridge the difference, and this has particularly … Read more
Businesses are declaring bankruptcy at a much faster rate than they did last year. Thousands upon thousands of once thriving businesses are failing, but this just must be another sign that the economy is “fine”. No matter how bad the numbers get, we are assured that the people running things have everything under control and … Read more
If you are surprised by what is happening in the financial world right now, you probably haven’t been paying much attention. Stock prices were obscenely high and many investors were massively overleveraged. The Dow Jones Industrial Average plummeted by more than 1,000 points on Monday, and stock prices are still obscenely high and many investors … Read more
For a long time, there was a lot of denial about the direction that the U.S. economy was heading. The Biden administration and the mainstream media just kept insisting that everything was just fine even though everyone could clearly see that it wasn’t. But now reality is setting in. Last week we got some numbers … Read more
It looks like investors are starting to figure it out. Bad economic numbers continue to come pouring in, but so far the Federal Reserve has refused to pull the trigger on a rate cut. We have seen this story before, and it never ends well. It is often said that “he who hesitates is lost”, … Read more
If you are still able to afford a decent home, you should consider yourself to be incredibly blessed, because vast numbers of Americans do not have a permanent place to live at this point. Homelessness in the United States is at the highest level ever recorded, and it has been growing at the fastest pace … Read more
When you are creeping out on a very high tree limb, everything may seem fine until suddenly the limb snaps and disaster strikes. I think that is a perfect metaphor for what we are facing as a country. Our politicians in Washington have artificially propped up our economy for years by piling up 34 trillion … Read more
Unless you are living under a bridge or you are eagerly drinking the kool-aid that the mainstream media is dishing out, you probably understand that the economy has been struggling. Survey after survey has found that the American people are deeply dissatisfied with how the economy has been performing, and as a result it has … Read more