This Winter, We Could Potentially Be Facing Simultaneous Shortages Of Oil, Natural Gas, Propane And Coal

I realize that the headline that I have chosen for this article may sound a bit wild to many of you, but keep reading because what we are potentially facing is extremely serious.  Right now, we are already in the midst of an epic global energy crisis.  There have already been significant power outages all over the planet, and prices are spiking at a pace that is absolutely breathtaking.  With each passing day, it seems like supplies of oil, natural gas, propane and coal just keep getting tighter, and what is really odd is that it is happening so early in the year.  Summer just ended a few weeks ago, and the heart of winter in the northern hemisphere is still several months away.  So if things are this bad already, what are things going to look like when we get into January and February? (Read More...)

Our Epic Supply Chain Crisis Just Hit Another Level, And Biden Is Considering Calling In The National Guard To Help

It is the month of October, and right now many Americans are more scared by the state of our national supply chains than by anything else.  Some of the things that I am going to share with you in this article are truly frightening, and I would very much encourage you to take them seriously.  Our economic infrastructure is failing on a massive scale, and officials are openly admitting that things will get even worse in the months ahead.  We are in uncharted territory, because none of us has ever seen anything like this before.  If our leaders cannot get this fixed, 2022 is going to be a truly nightmarish year. (Read More...)

Now We Are Being Warned That A “Recession” Could Be Coming During The “Dark Winter” That Is Ahead

We are just coming out of “the COVID recession”, and now we are being told that another recession could be just around the corner.  Thanks to overly harsh pandemic restrictions, widespread shortages and millions of workers that appear to have disappeared from the system somehow, economic activity is slowing down once again.  We just learned that U.S. industrial production has fallen for a second month in a row, and the production of motor vehicles and parts is falling at a pace that is extremely alarming.  After adding trillions upon trillions of dollars to the national debt, all our politicians were able to buy us was a short-term economic sugar high and rampant inflation.  I hope that you enjoyed the sugar high while you could, because the months ahead are looking rather bleak indeed. (Read More...)

Goodbye Middle Class: 50 Percent Of All U.S. Workers Made $34,612.04 Or Less Last Year

If we keep going down this path, soon we won’t have much of a “middle class” at all.  When I first started writing about the economy many years ago, I often wrote about the tens of millions of “working poor” Americans that were enduring so many hardships.  But at this point most of the nation now falls into the “working poor” category.  That isn’t because wages haven’t been going up.  Little by little, wages have been incrementally rising year after year, but meanwhile the cost of living has been absolutely soaring.  Paychecks have not even come close to keeping up with inflation, and this has been eviscerating the middle class.  Today, the majority of the country is in constant “survival mode” financially, and that isn’t going to change any time soon. (Read More...)

Beef Will Now Be A “Luxury Product”, And Cheap Chicken Dinners “Are Coming To An End”

The “reset economy” is coming, and it isn’t going to be very pleasant.  Rather than viewing the economic chaos caused by the pandemic as a negative thing, many among the worldwide elite consider it to be a golden opportunity to fundamentally transform the global economy according to their values.  As they radically reshape our economic system, one of their primary goals will be to make any products that are “bad for the environment” cost a lot more.  In other words, behaviors that produce a lot of carbon emissions must be punished.  That is particularly bad news for those that love to eat a lot of meat, because the production of meat is considered to be particularly “harmful” for the environment. (Read More...)

As The Global Energy Crisis Explodes, They Are Warning That Heating Bills Will Be Extremely Painful This Winter

Whether you like it or not, a major global energy crisis is here, and it is going to hit all of us right in the wallet.  Today, markets for energy are truly global, and that means that price spikes in one part of the planet will inevitably filter elsewhere.  For example, a lot of natural gas that is produced in the United States is now heading for Europe, and that is pushing up prices here.  As energy supplies get tighter and tighter, power bills are going to go higher and higher.  In fact, the U.S. government is now warning American citizens to expect heating bills to rise more than 50 percent this winter.  Needless to say, a lot of families out there simply cannot afford that. (Read More...)

Americans Are Going To Be Absolutely Shocked By The Empty Shelves That They See

If you believe that America is headed into a new golden age of prosperity, you are getting lonelier with each passing day, because many others that were wildly optimistic about the economy earlier this year have been jumping ship.  In fact, even the White House is now openly admitting that there will be significant shortages this holiday season.  To many Americans, these shortages have come as a complete shock.  Most of us have never experienced such shortages, and most of us never even dreamed that they were possible.  But those that have been following my work for an extended period of time were not surprised by any of this.  We were warned over and over again that shortages and rampant inflation were ahead of us, and now they are here with a vengeance.  Unfortunately, the truth is that what we have gone through so far is just the beginning. (Read More...)

Now A U.S. Government Official Is Telling Us That The Supply Chain Nightmares Could Potentially Last For “Years”

The truth is starting to come out, and a lot of people aren’t going to like it.  When the supply chain problems and the shortages began, government officials repeatedly assured us that they would just be temporary, and most of us believed them.  But now it has become clear that they aren’t going to be temporary at all.  In fact, during a recent interview with Bloomberg, U.S. Transportation Secretary Pete Buttigieg admitted that some of the supply chain problems that we are currently facing could last for “years and years”.  I don’t know about you, but to me “years and years” sounds like a really long time. (Read More...)

The Economic Collapse