Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
The middle class in the United States has been steadily shrinking, and the gap between the ultra-wealthy and the rest of us has grown to absurd proportions. But it wasn’t always this way. When I was growing up in the 1980s, it seemed like almost everyone was middle class. Of course there were wealthy people … Read more
As we approach what is likely to be the most chaotic presidential election in U.S. history, trouble signs are starting to erupt for the U.S. economy. In fact, CNN is actually admitting that “the long-predicted storm clouds in the economy may actually be forming”. I can’t remember the last time that I saw a CNN … Read more
When I awoke early on Tuesday morning, I was stunned to learn that the Francis Scott Key Bridge in Baltimore had collapsed. We are being told that it was a tragic “accident” and that there is no evidence that any foul play was involved. Hopefully that is true. But no matter how it was caused, … Read more
How much longer will the Biden administration and the mainstream media continue to deny that we are in the midst of a very painful economic downturn? Debt levels have never been higher, delinquency rates are spiking, the commercial real estate market is crashing, the banking industry is mired in turmoil and large companies are conducting … Read more
Would you eat Cheerios for dinner? What about Lucky Charms? Many years ago when I was a college student, I would often eat cereal instead of a normal meal in the evening. Needless to say, that wasn’t good for my health at all. But now “cereal for dinner” has become quite trendy. Food prices have … Read more
It seems odd to talk about 2021 as “the good old days”, but the truth is that the cost of living was far lower just three short years ago. Earlier today, I did an interview with Sam Rohrer of Stand In The Gap Today in which we discussed how food prices have gotten wildly out … Read more
If stock prices are going to start plunging just because inflation is running a little bit hotter than expected, what is going to happen once the market finally realizes that the entire economy is literally starting to come apart at the seams? Consumer delinquency rates are spiking, the commercial real estate crisis is rapidly picking … Read more
Wow, our economic problems really are starting to accelerate at a shocking pace. I know that I have been writing about layoffs a lot lately, but what is happening to the employment market right now is definitely big news. Day after day, more large companies are announcing mass layoffs. Why would all of these large … Read more