Out Of Control Inflation: It Now Takes At Least $177,798 For A Family Of 4 To Live Comfortably In The U.S.

I never imagined that we would ever see a time when it takes $177,798 for a family of four to live comfortably in the United States.  Unfortunately, that day has arrived.  Our leaders have been pursuing highly inflationary policies for many years, and now we have reached a point where inflation is wildly out of control.  In fact, the latest wholesale inflation figure that was released on Tuesday came in much higher than expected.  Sadly, this is just the beginning and we are in far more trouble than most people realize. (Read More...)

A “Restaurant Apocalypse” Is Starting To Sweep Across America, And That Is Really Bad News For The U.S. Economy

You can get a really good idea how the U.S. economy is doing by watching restaurants in your area.  When the economy is booming, restaurant parking lots are full and chains are feverishly establishing new locations.  But when the economy is struggling, restaurants get a lot less traffic and poor performing locations get shut down.  Sadly, in 2024 it appears that a “restaurant apocalypse” has started to sweep across America.  Most people have very little discretionary income to spend as a result of our cost of living crisis, and that is particularly true for our young adults.  Americans under the age of 40 love to eat out, but these days most of them are experiencing financial stress, and this is having an enormous impact on the restaurant industry. (Read More...)

Generation Z Is Furious About What Has Happened To The Economy, And They Are Blaming Previous Generations For Wrecking It

No matter how hard they work, millions of Gen Z Americans are just barely scraping by month after month, and many of them are seriously pissed off about it.  In fact, videos of Gen Z Americans ranting about the economy on TikTok have been racking up millions of views.  Many of those that are ranting about the economy absolutely hate the fact that no matter how much they try they can never seem to get ahead.  Others just keep getting deeper and deeper in debt because they can never seem to make enough money to pay all the bills.  And do you know who they are blaming for the pain that they are experiencing?  They are blaming those that belong to previous generations for wrecking the economy, and they are right.  We were handed the keys to the greatest economic machine in the history of the world, and for decades our leaders have been systematically destroying it.  The bright future that future generations of Americans were supposed to have has been wiped out, and Gen Z Americans are starting to realize that even more pain and suffering are ahead. (Read More...)

Red Alert! 6 Absolutely Gigantic Geomagnetic Storms Are About To Hit Earth, And Authorities Won’t Know Their True Power Until Friday Night

A series of enormous geomagnetic storms is about to start pummeling our planet, and some of the most important technologies that we depend on are potentially at risk.  For the very first time in nearly 20 years, the NOAA has issued a severe geomagnetic storm watch.  We were initially warned that “at least five earth-directed coronal mass ejections” were headed our direction, but now it is at least six.  These coronal mass ejections originated from Sunspot AR3664, which has now become almost as large as the infamous Carrington sunspot of 1859.  It is being reported that Sunspot AR3664 is nearly 200,000 kilometers wide.  That is about 15 times wider than Earth.  Six gigantic coronal mass ejections that have been unleashed by this sunspot will hit our planet over the next few days, but as you will see below, authorities won’t know their true power until Friday night. (Read More...)

Pessimism About The U.S. Economy Is Going To Have An Absolutely Massive Impact On The Outcome Of The Election In November

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...)

+ More