The Truth About What Is Happening To The Petrodollar

This month, rumors about the petrodollar have spread like wildfire all over the Internet.  Some of what is being said is true, and some of what is being said is false.  When other sources were reporting on “the death of the petrodollar”, I was asked why I was not writing about it.  Well, the truth is that I was not writing about it because the petrodollar is not dead.  It is certainly in trouble, but it is not dead.  Today, most oil continues to be sold in U.S. dollars, and most global trade continues to be conducted in U.S. dollars.  But that could change as other countries lose faith in our currency.  In particular, we will want to carefully watch what the BRICS nations choose to do.  45 percent of the world’s inhabitants live in the BRICS nations, and they have been implementing strategies that are designed to promote their own currencies and reduce dependence on the U.S. dollar.  As U.S. relations with leading BRICS nations continue to deteriorate, I would expect that trend to accelerate. (Read More...)

Hundreds Of Thousands Of Americans Are Going “Off Grid” In Anticipation Of What Is Coming

As our society descends into chaos, vast numbers of people are choosing to pull the plug and walk away.  Of course it is nearly impossible to completely escape the ubiquitous madness that is seemingly all around us, but many are finding that an “off grid” lifestyle gives them the best opportunity to insulate themselves as much as possible.  When you become less dependent on the system, what happens to the system has less of an impact on you.  Unfortunately, it appears that our system is heading into a full-blown meltdown, and a significant portion of the population is feverishly making preparations in anticipation of what is coming. (Read More...)

In The Old Days We Had “Slumlords”, But In 2024 We Have “Vanlords”

If you live in a major city, you can see them all around you.  I am talking about aging vans, RVs and trailers that are parked on the side of the road for months at a time and that obviously have people living in them.  There is an entire class of people that live in such conditions, and there is an entire class of “businessmen” that prey on such people.  When I was growing up, there were lots of headlines about “slumlords” that were taking advantage of the poor.  According to the Merriam-Webster dictionary, a “slumlord” is “a landlord who receives unusually large profits from substandard, poorly maintained properties”.  Today, we have a different sort of a problem.  “Vanlords” are parking vans, RVs and trailers along the streets of the worst parts of our major cities, and they are renting them out to people that cannot afford regular homes.  Sadly, we live at a time when lots and lots of people cannot afford regular homes because homelessness is absolutely exploding all over the nation.  In some areas there have been efforts to crack down on the “vanlords”, but when things get too hot in one area they just move somewhere else.  As long as there are vast hordes of homeless Americans that are deeply suffering, there will be “vanlords” that are eager to take advantage of them. (Read More...)

Surveys Show That The American People Absolutely HATE What Is Happening To The Economy, And This Is Why…

The health of the economy has been one of the primary determining factors in many presidential elections, and it will be the same this time around too.  Of course that is really bad news for Joe Biden, because the American people absolutely hate what is happening to the economy.  Even though the media is constantly telling us that the economy is doing just fine, the vast majority of the population is not buying into the propaganda.  Hordes of small businesses are failing, retailers are shutting down thousands of stores, and poverty is exploding all over the nation.  But inflation is the biggest reason why Americans are so dissatisfied with the economy.  According to one recent survey, it is “far and away” the biggest issue for American voters… (Read More...)

Enormous Mobs Are Literally Taking Over The Streets Of Major U.S. Cities On A Nightly Basis

Every night, huge groups of young people are literally taking over streets in large cities all over America.  In many cases, major intersections are completely blocked off for stunts and dangerous competitions involving vehicles.  These events are called “street takeovers”, and they are often accompanied by theft, violence and other acts of crime.  You have probably heard of “street takeovers” happening in big metropolitan areas such as Los Angeles, Seattle, New York and Chicago, but at this point they are even happening in many rural areas.  In fact, I just came across an article about how street takeovers have become a major problem in the state of Maine.  As you will see below, the scale of these events is often so large that police will just sit back and do nothing to stop them.  When they are outnumbered a hundred to one or a thousand to one, the police are often extremely hesitant to try to break things up. (Read More...)

The Entire System Is Crumbling! Major Red Flags Are Popping Up For Banks, Small Businesses And Retailers

If the economy is fine, why are so many signs of trouble erupting all around us?  Those that keep insisting that the U.S. economy is heading in the right direction conveniently ignore the very troubling facts and figures that I regularly share with my readers.  When you take an honest look at the cold, hard numbers that the economy keeps producing, there is only one logical conclusion.  Our entire system is crumbling, and it appears that conditions will soon get significantly worse. (Read More...)

Retail Bloodbath: More Than 2,600 Store Closings Have Been Announced So Far In 2024

Retail stores are being shut down at a staggering rate all over the country.  If we stay on the pace that we are on, the total number of stores closed in 2024 will be nearly 40 percent higher than the total number of stores closed in 2023.  That is what you call a crisis!  Meanwhile, banks are shuttering hundreds of branches from coast to coast, and a “restaurant apocalypse” is sweeping across the nation.  Everywhere around us, “space available” signs are going up on buildings that were once considered to be prime commercial real estate.  If someone tries to convince you that the U.S. economy is in good shape, just show them this article and ask them why so many once prosperous businesses are closing.  Needless to say, they will not be able to win the argument after that. (Read More...)

Money Is Power, And The Global Balance Of Power Is Rapidly Shifting In Favor Of The Ultra-Wealthy Elite

If  you have enough money, you can buy just about anything.  And when you are in a position where you can buy just about anything, you wield an enormous amount of raw power.  Today, our world is completely and utterly dominated by those at the very top of the economic pyramid.  Those in the top one percent of the top one percent are pretty much able to do whatever they want, and the rest of us are pretty much powerless to stop them.  Unfortunately, the gap between the ultra-wealthy elite and the rest of us just continues to get even larger.  Last year, the total wealth of the world’s millionaires reached a staggering 86.8 trillion dollars(Read More...)