Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Optimism can be a very powerful thing. For a long time Americans believed that things would get better, and that caused them to take action to make things better, and that actually resulted in things moving in a positive direction. But now things have abruptly shifted. In late 2018, an increasing number of Americans believe … Read more
We just got more evidence that our planet is becoming increasingly unstable. On Friday a magnitude 7.0 earthquake destroyed homes, ripped apart roads and destroyed infrastructure all throughout Anchorage, Alaska. According to the USGS, the earthquake hit at 8:29 AM and the epicenter was approximately 7 miles north of Anchorage. That quake was followed by … Read more
Real estate, oil and the employment numbers are all telling us the same thing, and that is really bad news for the U.S. economy. It really does appear that economic activity is starting to slow down significantly, but just like in 2008 those that are running things don’t want to admit the reality of what … Read more
There is a growing consensus that once the next economic crash finally arrives that it will be significantly worse than what we experienced in 2008. This is something that I have been saying for a very long time, but now even mainstream economists such as Paul Krugman of the New York Times are admitting the … Read more
Thanksgiving week was not supposed to be like this. Normally things are slow in the days leading up to Thanksgiving as investors prepare to gorge themselves with turkey and stuffing as they gather with family and friends. But this year the stock market is crashing, and Wall Street is in panic mode. On Tuesday, the … Read more
These large stock market declines are starting to become a regular thing, and tech stocks are getting hit particularly hard. But we have been in a bull market for such a long time that many investors are having a difficult time comprehending what is happening. Many just keep believing that their beloved tech stocks will … Read more
A lot of people are shocked by how rapidly things are beginning to move. The U.S. economy is slowing down at a pace that we haven’t seen since the last recession, and this is something that I have been tracking extensively. But now the slowdown is so obvious that even some of the biggest names … Read more
What in the world has happened to us? Despite our ridiculously high standard of living compared to the rest of the world, America is a deeply unhappy place. When I was growing up, there were no “smart phones”, the Internet did not exist, if you wanted to buy something you had to actually go to … Read more