Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
The biggest public health crisis of our time just continues to get worse. The global death toll is rapidly approaching 20,000, and approximately a third of the world is currently under some sort of a lockdown order. Needless to say, this is going to be absolutely devastating for the entire global economy. Here in the United States, … Read more
How would you feel if you received a bill for more than $34,000 after being tested and treated for the coronavirus? This pandemic is showing the entire world that the U.S. healthcare system is deeply, deeply broken, and there is no way that we can continue to go on like this. If coronavirus testing is … Read more
We are literally witnessing history in the making. For the third time in the last six trading sessions, we have witnessed the largest single day point crash in stock market history. Let that sink in for a moment. On March 9th, the Dow set a new record by falling 2,013 points. Then on March 12th, … Read more
Unless the Federal Reserve is purposely attempting to spread panic on Wall Street, the decisions that the Fed just made don’t make any sense at all. Back on March 3rd, the Federal Reserve announced an unscheduled emergency interest rate cut for the very first time since 2008. Wall Street immediately interpreted that as a “panic … Read more
Fear of the coronavirus is causing shutdowns on a global scale like we have never seen before. Just about every major sporting event that you can think of has been either canceled or postponed, schools and universities are keeping students away, global tourism is absolutely collapsing, churches are being shuttered, conferences and festivals are being … Read more
In all of U.S. history, we have never seen the Dow Jones Industrial Average go from an all-time high to a bear market as quickly as we just did. As I keep reminding my readers, the stock market is all about how investors view the future. Early this year, extremely irrational optimism about the future … Read more
We haven’t seen anything like this since the last financial crisis erupted in 2008. Wall Street has been gripped by a tremendous amount of fear, and the volatility that we are witnessing would have been unimaginable just a couple of months ago. On Monday, the Dow Jones Industrial Average fell 2,013 points. To put that … Read more
If you thought that we had more time before this coronavirus pandemic exploded out of control in the United States, I am sorry to say that you are out of luck. In all of the major nations in the western world, the number of confirmed cases escalated dramatically over the past few days. Here in … Read more