Americans are extremely pessimistic about the state of the U.S. economy, and that is really bad news for Joe Biden. Despite the glowing economic numbers that the Biden administration has been relentlessly feeding us, there is an overwhelming consensus among the American people that the economy is rapidly heading in the wrong direction. Prices continue to rise, mass layoffs are happening all over the country, loans are going bad at a staggering rate, homelessness and poverty are spiking, and economic activity is slowing down all around us. According to a poll about the economy that was recently conducted for Newsweek, the percentage of Americans that believe that the economy is going in the wrong direction is twice as high as the percentage of Americans that believe that the economy is going in the right direction… (Read More...)
It Is Being Projected That New Cases Of Cancer In The U.S. Will Explode To A Brand New Record High This Year (2 Million In 2024)
We are witnessing an explosion of cancer in the United States that is absolutely unprecedented. As you will see below, it is being projected that the number of new cases of cancer in the U.S. will hit a brand new record high this year, and cancer rates are rising particularly rapidly among our young people. There have been so many prominent individuals in the news that have been diagnosed with cancer recently, and so many people that I personally know have also been diagnosed with cancer recently. I am sure that most of you also personally know people that have been affected by this disease. Of course cancer has been one of the leading causes of death for a very long time, but we have never witnessed anything quite like this. (Read More...)
An Enormous Chunk Of The U.S. Population Is Either Homeless, Living In Poverty Or Considered To Be Among The Working Poor
As the U.S. economy slows down, those at the bottom of the economic food chain are being hit the hardest. Homelessness is surging, the number of Americans living in poverty is rising, and more Americans are considered to be among “the working poor” than ever before. Unfortunately, we are witnessing a historic economic shift right now, and economic conditions are only going to get even more harsh during the months ahead. Needless to say, that is really bad news for all of us. (Read More...)
Our Deer In The Headlights Moment: The “Worst Market Crash Since 1929” Is Rapidly Approaching And The Fed Doesn’t Know Which Way To Go
The Federal Reserve is stuck between a rock and a hard place. If the Fed pushes rates higher, interest payments on our 34 trillion dollar national debt could spin wildly out of control and bank balance sheets will be in even worse condition than they are now. First Republic just bit the dust, and literally thousands of other small and mid-size banks and in serious jeopardy. So it would be suicidal to hike rates at this point. But if the Fed were to reduce rates, that would be like injecting jet fuel into a raging fire. Our ongoing inflation crisis is absolutely crushing working families, and the rising cost of living has risen to the top of the list of things that U.S. voters are concerned about. The Fed seems very hesitant to cut rates, because that would make inflation even worse. So at this point the Fed is essentially caught in a “deer in the headlights” moment because it doesn’t know which way to go. (Read More...)
Signs Of The Times: War, Famine, Pestilences And Natural Disasters
People keep acting as if we are living in “normal” times, but the truth is that these are not “normal” times at all. We are in the midst of a “perfect storm”, but most people in the general population don’t seem to realize this. While the mainstream media is endlessly focused on political drama, our world is being deeply troubled by war, economic problems, food shortages, nightmarish pestilences and terrifying natural disasters. But as bad as things are at this moment, I am entirely convinced that they are about to get a whole lot worse. (Read More...)
An Absolutely Enormous Economic Shift Of Historic Proportions Is Now Taking Place Right In Front Of Our Eyes
Can you feel it too? Over the past few weeks, I have heard from so many readers that are deeply troubled about economic conditions where they live. In some cases, sales are way down. In other cases, it seems almost impossible to find a decent job. It is almost as if a tremendous chill descended upon the U.S. economy as the second quarter of 2024 began. Yes, economic conditions have certainly not been good for a few years, but it appears that an absolutely enormous economic shift of historic proportions is now taking place right in front of our eyes. Other than the early stages of the pandemic, we haven’t seen anything like this since 2008 and 2009. (Read More...)
U.S. Colleges And Universities Are About To Go Completely Nuts Because Israel Is Planning A Really Big Move
What we are witnessing throughout the nation right now is truly sad. At colleges and universities all over the United States, crazed protesters are setting up encampments, attacking Jewish students, replacing the American flag with the Palestinian flag, and illegally occupying buildings. Unfortunately, these protests are likely to become even more heated in the days ahead because Israel is preparing to make a really big move. No matter how negotiations for a temporary ceasefire in Gaza turn out, Israeli Prime Minister Benjamin Netanyahu is promising that the IDF will go into Rafah and eliminate the Hamas forces that are hiding there… (Read More...)
Another Bank Bites The Dust – So Who Will Be The Next Dominoes To Fall?
It appears that the people running our system have decided that it is time for a wave of consolidation in the banking industry. A key program that was keeping U.S. banks afloat was allowed to expire last month, and everyone knew what that would mean. On Friday, the FDIC quietly announced that Republic Bank had been seized and a sale to Fulton Bank had already been arranged. Have you noticed that they often try to announce bad news like this on Friday? By the time news of the failure of Republic Bank broke, many people had already started their weekends. And the FDIC probably assumes that most people will have forgotten all about this by the time Monday morning rolls around. But this was a big deal, and it is inevitable that more dominoes will soon start to fall. (Read More...)