Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Just when things seemed to be settling down a little bit, our conflict with China has suddenly escalated to a dangerous new phase. This is not simply just a “trade war” any longer, and our relationship with China will never be the same again. As you will see below, President Trump just referred to Chinese … Read more
No matter what happens with the U.S. economy, most of the credit or the blame is going to go to President Trump. And now that the U.S. economy appears to be headed for big trouble, the mainstream media is salivating over what this could mean for Trump’s chances of winning in 2020. Within the past … Read more
You had better buckle up, because it looks like we are in for a bumpy ride. On Wednesday, the Dow Jones Industrial Average was down a whopping 800 points. Not only was that the worst day of 2019, but as you will see below, there have only been three days in U.S. history that have … Read more
If the U.S. economy really was “booming”, then corporate earnings would be rising. But that isn’t happening. In fact, we haven’t seen corporate earnings fall like this since the last recession. They fell during the first quarter of this year, and based on the results we have so far, it appears that corporate earnings will … Read more
On Wednesday, five Iranian gunboats attempted to seize a British oil tanker as it was traveling through the Persian Gulf. As you will see below, this was apparently done in retaliation for an incident which happened in Gibraltar less than a week earlier. British Royal Marines captured a tanker that was reportedly taking Iranian oil … Read more
Right now the entire nation is buzzing about the very first debates for Democratic presidential contenders in 2019, and much of the focus of those debates will be on the economy. A total of 20 candidates will participate in those debates, and the vast majority of them don’t have a prayer of actually winning the … Read more
Even though there is a tremendous amount of evidence to the contrary, the Federal Reserve continues to insist that the U.S. economy is in good shape. On Wednesday, Federal Reserve Chair Jerome Powell told the nation that “the economy has performed relatively well” in 2019 and he insisted that “the baseline outlook is a good … Read more
The U.S. trucking industry has not experienced a downturn of this magnitude since the last financial crisis, and this is one of the clearest signs yet that the U.S. economy is steamrolling into a severe economic downturn. When economic activity is increasing, the trucking industry sees rising demand for their services and freight rates tend … Read more