Search Results for: collapse of US economy

America’s middle class is being systematically eviscerated.  When the Federal Reserve pumped trillions of dollars into the financial system during the pandemic, most Americans didn’t realize what that would do to them.  That money certainly made the wealthy a whole lot wealthier, but it also dramatically increased the cost of living for the rest of … Read more

Higher interest rates are absolutely strangling the real estate industry, and there is no relief in sight.  The sudden shift from a very low interest rate environment to a much higher interest rate environment has paralyzed sales.  As I have discussed previously, very few homeowners that are currently locked into a mortgage at a low … Read more

How far would you go to feed your family?  Hopefully that is a question that you will not have to answer any time soon, but right now we are seeing millions upon millions of people become more desperate as economic conditions rapidly deteriorate and food costs soar.  At this point, most Americans are just barely … Read more

The latest numbers are horrible, and they are going to get even worse if the Federal Reserve pushes interest rates even higher.  We were warned that high rates would have an enormous negative impact on the economy, and that is precisely what has happened.  Layoffs are way up so far this year, the commercial real … Read more

Do you remember what happened in 2008?  Many people believe that another historic financial disaster is coming and that it will absolutely devastate the U.S. economy.  Earlier this week, I wrote about an investor named Michael Burry that has actually bet 1.6 billion dollars that the stock market is going to crash.  He made all … Read more

Should we be surprised that we are witnessing so many failures all around us?  After all, the mainstream media claims that the U.S. economy is doing just great.  Of course the truth is that the economy is not in good shape at all.  Those in positions of power have been desperately trying to prop up … Read more

If you believe the corporate media, the U.S. economy is doing absolutely great as we start to roll through the second half of 2023.  Even though inflation is out of control, the commercial real estate market is in free fall, corporate bankruptcies are surging, and large businesses all over America are conducting mass layoffs, we … Read more

If you are trying to sell your home right now, I feel so sorry for you.  Thanks to the Federal Reserve, mortgage rates have risen to very alarming levels, and this has scared millions of potential homebuyers out of the market.  Compared to two years ago, the average potential homebuyer is facing mortgage payments that … Read more