Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
The biggest companies in the United States are giving the axe to hundreds of thousands of workers, but this should not come as a shock to any of us. Officials at the Federal Reserve were warned over and over again that they were going to create an extremely harsh economic environment if they aggressively raised … Read more
Right now, financial institutions all over America are getting really tight with their money. That means that less credit will be available for consumers and businesses, and that will mean less economic activity in the months ahead. When economic activity slows down, more businesses fail, more layoffs happen, and more consumers start defaulting on their … Read more
Once things start getting really crazy in this country, where you live could make all the difference. As global events have accelerated in recent months, a number of people have been seeking my advice about relocation. Ultimately, there is no solution that is 100 percent perfect for everybody. But there are some general principles that … Read more
I honestly did not know that things were this bad. Severe drought is crippling winter wheat production in the middle of the country, agricultural production in many areas of California is being hit extremely hard by unprecedented flooding, and orange production in Florida is down more than 60 percent from last season due to a … Read more
Has the next major global pandemic already started? Right now, multiple outbreaks are alarming world health authorities. We all saw the fear that COVID caused, but the diseases that I am going to discuss in this article could potentially create far more panic if they were to start rapidly spreading among humans all over the … Read more
What will our financial system look like once the 20 trillion dollar commercial real estate industry implodes? You might want to start thinking about that, because the truth is that the industry is in a tremendous amount of trouble. Occupancy rates are extremely low and getting lower, rising interest rates have created all sorts of … Read more
When there is fear in the air, banks start getting really tight with their money, and right now there is lots of fear in the air. A major credit contraction would be a nightmare scenario for the economy, and as you will see below, there is evidence that this is already starting to happen. Hopefully … Read more
Every single day there are more twists and turns to this new banking panic. In fact, we just learned that the big banks have gotten together to save First Republic. That is good news, because a collapse of First Republic would have been a major catastrophe. But First Republic is just one in a very … Read more