Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
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
Not since 2008 have we seen so much bad economic data come rolling in all at the same time. Even without a war with Iran, which by the way is looking increasingly likely with each passing day, it definitely appears that the U.S. economy is steamrolling toward recession territory. The employment numbers for last month … Read more
We continue to get more indications that U.S. economic conditions are going to deteriorate rapidly during the second half of this year. Yesterday, I reported on a brand new survey which found that 69 percent of U.S. CFOs believe that a recession is coming “by the end of 2020”, and today we learned that Morgan … Read more
Global weather patterns are dramatically shifting, and week after week we keep seeing things happen that we have never seen before. As far as our weather is concerned, this is definitely the strangest year in modern American history, and many believe that what we have witnessed so far is just the beginning. Up until just … Read more
After what President Trump just did, the odds of the U.S. and China being able to reach a trade agreement this year officially just went from slim to none. For China, there is no issue more sensitive than the status of Taiwan. For the Chinese, it is unthinkable for anyone to even suggest that Taiwan … Read more
If the U.S. economy was heading into a recession, we would expect to see a slowdown in the employment numbers, and that is precisely what is happening. According to payroll processing firm ADP, the U.S. economy only added 27,000 new jobs in May, and that is way below the number that is needed just to … Read more
The middle class in America is being systematically eviscerated, and it is getting worse with each passing year. As you will see below, one new study has found that 10 percent of Americans now own 70 percent of all the wealth. Once upon a time, the United States had the largest and most vibrant middle … Read more
The last 12 months have been the wettest in all of U.S. history, and this has created absolutely horrific conditions for U.S. farmers. Thanks to endless rain and historic flooding that has stretched on for months, many farmers have not been able to plant crops at all, and a lot of the crops that have … Read more