Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
You can get a really good idea how the U.S. economy is doing by watching restaurants in your area. When the economy is booming, restaurant parking lots are full and chains are feverishly establishing new locations. But when the economy is struggling, restaurants get a lot less traffic and poor performing locations get shut down. … Read more
No matter how hard they work, millions of Gen Z Americans are just barely scraping by month after month, and many of them are seriously pissed off about it. In fact, videos of Gen Z Americans ranting about the economy on TikTok have been racking up millions of views. Many of those that are ranting … Read more
Americans are extremely pessimistic about the state of the U.S. economy, and that is really bad news for Joe Biden. Despite the glowing economic numbers that the Biden administration has been relentlessly feeding us, there is an overwhelming consensus among the American people that the economy is rapidly heading in the wrong direction. Prices continue … Read more
As the U.S. economy slows down, those at the bottom of the economic food chain are being hit the hardest. Homelessness is surging, the number of Americans living in poverty is rising, and more Americans are considered to be among “the working poor” than ever before. Unfortunately, we are witnessing a historic economic shift right … Read more
Can you feel it too? Over the past few weeks, I have heard from so many readers that are deeply troubled about economic conditions where they live. In some cases, sales are way down. In other cases, it seems almost impossible to find a decent job. It is almost as if a tremendous chill descended … Read more
It appears that the people running our system have decided that it is time for a wave of consolidation in the banking industry. A key program that was keeping U.S. banks afloat was allowed to expire last month, and everyone knew what that would mean. On Friday, the FDIC quietly announced that Republic Bank had … Read more
When I was a kid, “Weekend at Bernie’s” was one of my all-time favorite movies. In that film, two guys worked really hard to convince everyone that their boss was still alive so that they wouldn’t get into trouble. I remember laughing throughout that entire movie. Today, the Biden administration is working really hard to … Read more
How it is possible that initial claims for jobless benefits have been exactly the same for five of the past six weeks? As Jim Blanco has pointed out, there is no way that this is statistically possible. Honestly, I don’t know any other way to explain this other than to say that the numbers are … Read more