The number of job openings in the United States has been “falling off a cliff”, and that is a major red flag. The last four years have been an economic nightmare for most Americans, and that is one of the primary reasons why Donald Trump won the election. But as we approach 2025, things are starting to get frighteningly bad. When the number of job openings in the U.S. drops by 2 million or more, that normally signals that we are either in a recession or that one is about to happen. Well, as you can see from this chart that was posted by Bravos Research on Twitter, we are witnessing a collapse in job openings that is absolutely unprecedented… (Read More...)
Global Food Prices Are Entering Very Dangerous Territory
What in the world is going to happen if global food supplies continue to get even tighter? During the second half of this year global food prices have been surging. A “perfect storm” of factors is suppressing production all over the planet, and meanwhile worldwide demand for food just keeps rising. Needless to say, higher prices hurt those at the bottom of the economic food chain the worst. Food prices have become a major issue in country after country, and if current trends continue it won’t be too long before widespread unrest breaks out. Here in the United States, the cost of living is absolutely eviscerating the middle class. If a way cannot be found to stabilize food prices, we will be seeing a tremendous amount of anger and frustration in 2025 and beyond. (Read More...)
Alert! The East Coast Is Being Buzzed By “Very Sophisticated” Giant Drones Every Night That “Go Dark” When Approached By U.S. Aircraft
Enormous “mystery drones” are buzzing rooftops and flying freely through the skies in New Jersey, New York and Pennsylvania, and our government is powerless to stop it. As I discussed yesterday, these drones have been spotted over military facilities, water reservoirs, transportation hubs, police departments and other sensitive installations. But even though some of these drones are the size of cars, and even though they are buzzing us at rooftop level in some cases, we can’t seem to track them effectively and when our aircraft do approach they “go dark” and disappear. (Read More...)
America’s Middle Class In 2024: Aging Vehicles, $300 Carts Of Groceries, And Mountains Of Credit Card Debt
Have things been getting better for the middle class, or have things been getting worse? Needless to say, the answer to that question is obvious. The cost of living is absolutely crushing us, we can’t afford to replace our rapidly aging vehicles, debt levels are exploding, and the proportion of the country that is living paycheck to paycheck has been steadily rising. Our economy is a mess, and America’s middle class is getting smaller and smaller. Sometimes I feel like I am watching a very tragic version of musical chairs. If you are still holding on to your chair, you should be very thankful, because more people are slipping out of the middle class and into poverty with each passing day. (Read More...)
Syria Has Fallen! Who Are The Winners, Who Are The Losers, And What Is Next For The Middle East?
Well, that certainly escalated quickly. Just a few days ago, I wrote about how Syrian rebels had taken Aleppo and were on the way to the central city of Hama. Now Damascus has fallen, the Assad regime has been toppled, and it is a new day for Syria. But will it be a better day? The Assad regime was horrible, but the radicals that are taking over are not exactly George Washington and the boys. The truth is that they are hardcore Sunni jihadists that have much in common with ISIS, al-Qaeda and the Taliban. Assad pretty much allowed Christians and other minorities in Syria to do their own thing, but now many fear that these jihadists will soon impose a brutal form of sharia law that will make life extremely difficult. (Read More...)
WEF Survey Shows That Business Leaders Are Deeply Concerned That A Global Recession Is Coming
Are you ready for economic conditions to get even worse in 2025? It would be difficult to find any economist that is willing to argue that global economic conditions are better in late 2024 than they were in late 2023. The Chinese economy is deeply struggling, Europe is a mess, and four years of Bidenomics have had an absolutely devastating impact here in the United States. Unfortunately, the outlook for 2025 is not good at all. In fact, a WEF survey that was just released discovered that global business leaders are very concerned that a global recession is approaching… (Read More...)
Why Is Everyone Making Such A Big Deal About One Shooting When 14 Million Crimes Are Committed In The U.S. Each Year?
Are we supposed to be shocked that someone was just gunned down on the streets of New York City? The truth is that this happens all the time. Violence is out of control in the Big Apple, and of course the exact same thing could be said about most of our other major cities. According to the FBI, more than 14 million crimes were committed in the United States last year. The only reason why everybody is suddenly making a big deal about this is because someone “important” got shot. Our society is dominated by large corporations, and so when the CEO of one of the largest corporations in the healthcare industry gets gunned down it is going to make news… (Read More...)
Why Has The World Suddenly Gone Completely Nuts?
Chaos is starting to erupt all over the planet. Martial law was just declared in South Korea, civil unrest is raging in the streets of Georgia, and civil war threatens to topple the Assad regime in Syria. It is almost as if someone decided to flip a switch and now vast hordes of people are going completely nuts. Unfortunately, I think that this is just the beginning, because I am convinced that civil unrest will be a major theme in 2025. (Read More...)