The Economic Collapse

We all knew that this was coming. For ages, people like me have been ranting that we would be facing a financial nightmare if we didn’t get the national debt under control. Of course most of the population didn’t want to listen, and they just kept sending big spenders back to Washington. Now we are 40 trillion dollars in debt and we are spending well over a trillion dollars a year just in interest on that debt. Nobody can deny that we have reached a stage where our debt spiral is totally out of control. The federal budget deficit for the month of July was 432 billion dollars. Interest on the national debt for the month of July was 118 billion dollars. Now Treasury yields are spiking as investors become hesitant to buy more of our debt. Borrowing costs are rising to very alarming levels, and we are in far more trouble than most people realize. (Read More...)

A multi-year cattle shortage has pushed the price of beef into very painful territory. In fact, in some areas of the country the price of ground beef now exceeds the federal minimum wage. This is the first time in U.S. history that this has ever happened. At the start of 2026, there were only 86.2 million head of cattle and calves in the United States. That is the smallest the national herd has been since 1951. Just think about that for a moment. This is an enormous problem because in 1951 there were 154 million people living in this nation, but there are 342 million people living in this nation today. (Read More...)

We are facing a global energy crisis, a global debt crisis and a global inflation crisis all at the same time. In all my years, I have never seen anything like this. Two of China’s largest shipping companies just decided to stop sending their oil tankers through the Strait of Hormuz and the Bab el-Mandeb Strait. Meanwhile, diesel prices are heading into the stratosphere with no end in sight. Supplies of diesel fuel are going to get so tight during the months ahead. At the same time, bond yields are surging as the global debt crisis escalates. The U.S. national debt is about to hit 40 trillion dollars and the debt to GDP ratio in Japan is nearing 250 percent. We are caught in a global debt spiral that is out of control, and inflation has become a major issue all over the planet. Anyone that thinks that there is an easy answer to all of these problems is just being delusional. (Read More...)

The world is barreling toward a historic energy crunch that will be unlike anything that we have ever seen before. When fighting with Iran erupted earlier this year, the global economy was absolutely swimming in oil. We literally had far more oil than we needed, but now commercial inventories have gotten extremely tight and national reserves are alarmingly low. If the Strait of Hormuz does not get reopened soon, we will quickly enter an immensely painful chapter of the global energy crisis. Energy prices will shoot way up and shortages will start to become a major issue.  In fact, a global scramble for supplies of diesel fuel has already begun. (Read More...)

For months, the U.S. has been getting pummeled by one major disaster after another, and the past few days have been absolutely insane. Hurricane Lala just dumped more than two feet of rain in some parts of Hawaii, we are witnessing the worst flooding in the entire modern history of Indiana, the endless drought in the Southwest has caused Lake Powell to drop to the lowest level ever recorded, and an absolutely massive heat dome is going to make it feel like it is over 110 degrees in many cities in the Southeast on Monday. If it was just one disastrous week, we could write this off as bad luck. But it hasn’t just been one disastrous week. In fact, we have been experiencing a nightmarish string of natural disasters that stretches all the way back to 2024. So why is this happening to us? (Read More...)

We have experienced one natural disaster after another in 2026, and this week has been particularly crazy. The facts that I am about to share with you are absolutely insane. This weekend, the heat index could reach 115 degrees in some areas of the Southeast. A 1-in-1,000 year rainfall event has produced catastrophic flooding in the Midwest. By the end of this year, the state of Illinois could experience more tornadoes than any state ever has in the entire history of our country. On top of everything else, wildfires have now burned portions of every single national park in the state of Washington. Our weather patterns have not even been close to normal, but most of you already knew that. (Read More...)

Since war with Iran erupted in February, the world has been using a lot more oil than it has been producing. The good news is that we had a tremendous amount of extra oil sitting around. As a result, we have been able to avoid shortages and we have been able to serve as the supplier of last resort for nations all over the globe. The bad news is that our commercial oil inventories are now almost entirely depleted, and the U.S. Strategic Petroleum Reserve is being drained very rapidly. We will soon hit a wall, and when that happens the global energy crisis will start getting really crazy. (Read More...)

They are coming for your money, and they have a ton of momentum right now. Democratic Socialists are winning election after election by promising free stuff, but of course free stuff is never actually free. Somewhere along the way, someone has to pay for it. If you find yourself protectively reaching for your wallet as you read this, I don’t blame you one bit. Socialism is a system where the government uses your money to solve everyone else’s problems. Unfortunately, it is also a system that is becoming increasingly popular among our young adults. (Read More...)