Housing Crash 2: We Have Never Seen Mortgage Delinquencies Rise This Fast In U.S. History

If our economic numbers were going to improve substantially, now would be the time for it to happen.  The COVID-19 pandemic seems to have hit a plateau for the moment, the civil unrest in our major cities has been reduced to a dull roar, and millions of Americans that originally lost their jobs have now gone back to work.  If we are going to get some glimmers of hope for the economy, this is when we should see them, because the environment does not look promising once the summer ends.  Unfortunately, the numbers that we keep getting just continue to directly contradict the narrative that any sort of a “recovery” is taking place.  In fact, the Mortgage Bankers Association is reporting that the delinquency rate on residential mortgages shot up a whopping 386 basis points last quarter… (Read More...)

A Mass Exodus Away From Big Cities On Both Coasts

In all of U.S. history, we have never seen anything like “the mass exodus of 2020”.  Hundreds of thousands of people are leaving the major cities on both coasts in search of a better life.  Homelessness, crime and drug use were already on the rise in many of our large cities prior to 2020, but many big city residents were willing to put up with a certain amount of chaos in order to maintain their lifestyles.  However, the COVID-19 pandemic and months of civil unrest have finally pushed a lot of people over the edge.  Moving companies on both coasts are doing a booming business as wealthy and middle class families flee at a blistering pace, and most of those families do not plan to ever return. (Read More...)

100,000 Pasta Boxes And Enough Peanut Butter To Make Nearly 3 Million Sandwiches

If everything is going to be just fine, why are officials spending millions of dollars to stockpile giant mountains of food?  What has just been revealed about the “new food warehouse” in Washington state should be a major red flag for all of us.  Most Americans seem to believe that the COVID-19 pandemic, the enormous economic problems that have erupted and the nightmarish civil unrest that has been raging in our major cities are all just temporary phenomenons and that life will eventually get back to normal.  Meanwhile, authorities in Washington state are acting as if what we have experienced so far is just the beginning.  According to the Seattle Times, stockpiles of food are being stacked all the way to the roof in “Washington state’s new food warehouse”… (Read More...)

Millions Of Acres Of Crops In The Central U.S. Have Been Destroyed By A Series Of Historic Natural Disasters

While the mainstream media focuses on the upcoming election, COVID-19 and the endless protests going on in our major cities, another great tragedy is unfolding all across the middle of the country.  A nightmarish drought, horrific flooding along the Mississippi River and a giant “derecho” that just hit the farm belt have combined to make this one of the toughest years for farmers ever.  And this comes at a particularly bad time, because the stress that the COVID-19 pandemic has put on food distribution systems has already created periodic shortages of certain items around the nation.  We definitely could have used an uneventful growing season this year, and unfortunately we didn’t get it. (Read More...)

This Global Depression Will Be Brutal – Tens Of Millions Of Americans Can’t Pay Their Bills And Are In Danger Of Eviction

Most of us have never experienced anything like this in our entire lifetimes.  Fear of COVID-19, endless civil unrest in major U.S. cities and a whole host of other factors have combined to plunge us into the worst economic downturn since the Great Depression of the 1930s.  On Friday, the Labor Department announced that the unemployment rate in the U.S. fell to just 10.2 percent last month, and if that number was actually accurate that would be pretty good news.  Unfortunately, it simply does not square with all of the other numbers that we have been seeing.  According to John Williams of shadowstats.com, if honest numbers were being used the unemployment rate would actually be 30 percent right now, and I believe that figure is much closer to the reality that we are facing.  In February, 152 million Americans were working, and since that time more than 55 million have filed new claims for unemployment benefits.  Unless tens of millions of those people have been filing fraudulent claims, there is no way in the world that the unemployment rate should be about 10 percent right now. (Read More...)

Is There Evidence That The 2020 Election Could Be Stolen Using Mail-In Ballots And Counterfeit Driver’s Licenses?

The integrity of our elections is of paramount importance, because without fair elections we would lose the ability to choose our leaders.  This is something that should transcend politics, because Republicans and Democrats should both be able to agree that anyone that attempts to fraudulently alter the outcome of an election is committing a crime against all of us.  Unfortunately, we are already witnessing some suspicious activity that is raising red flags.  It is well known that China wants President Trump to lose in November, and U.S. officials say that they have intercepted thousands upon thousands of counterfeit driver’s licenses which are being shipped into the United States from China.  Of course a license is the most common form of ID used on voter registration forms, and most states now allow voters to register and vote by mail.  If a potential voter never has to come face to face with anyone, that opens a door for all sorts of abuse. (Read More...)

The Economic Depression Of 2020 Is Becoming An Endless Nightmare For Millions Of Americans

You may have noticed that a lot of people get offended by what I write.  It is not something that I am purposely setting out to do, and I actually endeavor to get along with everyone as much as I can.  But it is undeniable that my articles about our ongoing economic collapse directly contradict a lot of the narratives that are constantly being pushed by the mainstream media and many of our political, business and religious leaders.  There are so many people out there that want to believe that the future is going to be exceedingly bright, and even though 2020 has been a horrific economic catastrophe so far, there are a lot of optimists that believe that it is just a temporary blip on the road to tremendous prosperity. (Read More...)

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