The Economic Collapse

How does it feel to have the largest government that the planet has ever seen?  When I was growing up, I was taught that we had a capitalist system and that we had a limited federal government.  Of course neither of those things has been true for a very long time.  Today, the United States has the biggest government in the history of the world, and it gets even bigger with each passing year.  Running that gigantic government requires more money than we actually have, and so we are going into staggering amounts of debt.  But there is no way that our politicians will ever agree to reduce the size of the federal government to an appropriate size.  So we are stuck with this system until the day when it finally collapses. (Read More...)

Is the financial chaos that is currently happening in China a harbinger of things to come here in the United States?  Today, the global economy is more interconnected than ever before, and economic warning signs have been popping up all over the planet in recent weeks.  Of course the U.S. has certainly not been an exception.  Employers are throwing workers out into the streets in very large numbers, and we have reached a point where hunger, poverty and homelessness are all growing at extremely alarming rates.  The U.S. economy has clearly entered a very troubled period, but for the moment U.S. stock prices are still stable.  Unfortunately, the same cannot be said about Chinese stocks.  In fact, Newsweek says that China’s stock market “appears to be in free fall now”… (Read More...)

The layoffs are starting to come at a fast and furious pace now.  At what point will the mainstream media finally admit that we are facing a major crisis?  In recent days, I have been writing quite a bit about the alarming transition that the employment market is going through.  There is a lot more competition for any jobs that are still available, and one recent survey discovered that almost 40 percent of U.S. companies anticipate that they will be conducting layoffs in 2024.  But even though I am just reporting the facts, I have had people write to me and insist that things really aren’t that bad.  Even though the government’s own numbers show that the U.S. lost a ton of full-time jobs in December, these people apparently believe the propaganda that is being fed to them by the Biden administration. (Read More...)

2024 is going to be such a crazy year.  So many of the extremely alarming trends that we have been watching for many years are now reaching a crescendo, and events are starting to accelerate at a very rapid pace.  Last week, I wrote about three major developments which have enormous implications for all of us.  Today, I am going to tell you about a dozen.  Instability is a word that you are going to hear a lot this year, because order is breaking down all over the planet.  The following are 12 examples of the tremendous chaos that is suddenly erupting all over the globe… (Read More...)

Many among the elite don’t really care that tens of millions of Americans on the bottom of the economic food chain are deeply suffering right now.  It is being reported that approximately 93 percent of all stock market wealth held by U.S. households is controlled by the top 10 percent, and the stock market has been performing remarkably well in recent months.  As long as their stock portfolios look good, there won’t be too much concern about the economic pain that the masses are experiencing.  But they should care, because what we are witnessing is going to deeply affect all of us. (Read More...)

Global events are moving very rapidly now, and rumors are flying all over the place.  I am going to share some very alarming developments with you in this article, but it is important for me to note that each of these stories is still developing.  So as we get more information these stories may move in different directions.  We have already seen so much happen during the initial days of 2024, and I am entirely convinced that things will get even more chaotic as this year rolls along. (Read More...)

Americans are going into debt as if tomorrow will never come, but of course tomorrow always arrives eventually.  What we are witnessing right now is truly a historic debt binge, and to many of the experts it seems like there is no end in sight to the unrestrained spending that is going on.  But are U.S. consumers going into record levels of debt because they are feeling good about things or because they are trying to survive in an increasingly harsh economic environment?  In America today, the cost of living has become exceedingly oppressive, employers are laying off large numbers of workers, and poverty and homelessness have been absolutely exploding all over the country.  Millions of U.S. households are just barely hanging on by their fingernails, and many desperate consumers have been piling up debt in a frantic attempt to stave off the inevitable. (Read More...)

How is this cycle of escalation going to end?  Each day, either Hezbollah or Israel is escalating matters to a dangerous new level.  A war between the two parties has already begun, and at this point I don’t see any way to avoid a full-blown regional war that will result in tremendous death and destruction.  Many had been hoping that cooler heads would prevail in 2024, but instead this new year has started with a series of very alarming escalations… (Read More...)