The Economic Collapse

Americans watch more television than anyone else in the world, and as we watch television we are constantly being bombarded by commercials from pharmaceutical companies.  As I discussed in a previous article, pharmaceutical companies spend more than 15 billion dollars on television advertising each year.  The reason they do this is because it works.  We are the most drugged nation in the history of the world, and the pharmaceutical companies are absolutely swimming in cash. (Read More...)

For many years, pundits have been warning us that the U.S. dollar would collapse.  In 2025, it is actually starting to happen.  The U.S. dollar hit a three year low against other global currencies last week, and on Wednesday the crash of the dollar resumed.  Overall, the U.S. dollar is now down about 9 percent over the past 3 months.  The currency that has benefitted the most is the Swiss franc.  The USD/CHF recently hit the lowest level that we have seen in 14 years.  What we are witnessing is literally a bloodbath, and many experts are suggesting that our reserve currency status is now in serious jeopardy. (Read More...)

Our current way of life could not continue without rare earth minerals.  Every single day of our lives, all of us depend on technology that was built using rare earth minerals.  In fact, the device that you are reading this article on right now probably contains rare earth minerals.  Ultimately, rare earth minerals aren’t actually that rare, but processing those minerals is extremely complex, and at this point the vast majority of that processing is done in China.  Efforts are already underway to create complete rare earth supply chains here in the United States, but new processing facilities will not start coming online until 2027 at the earliest.  So what will happen to our economy between now and then? (Read More...)

Do you remember the panic buying that we witnessed during the early days of the pandemic?  It’s back, and I have a feeling that it is only going to intensify in the days ahead.  As more Americans begin to realize that products made in China will soon more than double in price and that some may no longer be available at all, there will be a feverish rush to purchase Chinese-made goods.  Ironically, this may actually give a short-term boost to the U.S. economy, and the economic numbers for the first half of this year may end up looking better than they otherwise would have. (Read More...)

Well, isn’t this fun?  News that President Trump had decided to pause some of the tariffs that he recently unveiled for 90 days sent stock prices soaring.  The Dow Jones Industrial Average was up more than 2,900 points on Wednesday, and that is very good news.  But not that much has actually changed, and the global trade war is still officially on.  In fact, President Trump just hiked the tariff rate on Chinese imports to 125 percent… (Read More...)

The Chinese have no intention of giving in to President Trump and are vowing to “fight to the end”.  So that means that an economic war between the number one economy on the entire planet and the number two economy on the entire planet is officially on.  Yesterday, I warned my readers that imports from China were about to be hit with a 104 percent tariff, but because this number had not been reported by the mainstream media yet a lot of people didn’t believe me.  Of course this morning major news outlets all over the globe were using that number.  Here is just one example… (Read More...)

How many products do you have in your home right now that were made in China?  If you are like most Americans, that number is very high.  We should have never allowed ourselves to become so dependent on cheap Chinese goods, but we did.  Walmart, Target and our dollar stores are absolutely teeming with products that were manufactured in China, and now those products are about to get much more expensive.  The 34 percent “retaliatory tariff” that the Trump administration recently imposed on the Chinese was on top of a 20 percent tariff that the Trump administration had already imposed on them.  The White House has confirmed this.  Unfortunately, the 54 percent tariff that we were potentially facing will now rise to 104 percent thanks to an additional 50 percent tariff that will go into effect on April 9th.  Earlier today, President Trump posted the following on his Truth Social account… (Read More...)