This Isn’t The End For The Financial Markets – The Truth Is That This Is Just The Beginning Of The Chaos…

If you are surprised by what is happening in the financial world right now, you probably haven’t been paying much attention.  Stock prices were obscenely high and many investors were massively overleveraged.  The Dow Jones Industrial Average plummeted by more than 1,000 points on Monday, and stock prices are still obscenely high and many investors are still massively overleveraged.  During the days ahead, we are going to see some wild ups and some wild downs, and this tragedy is going to take some time to fully play out.  But without a doubt, we have got a major problem on our hands. (Read More...)

The Wheels Have Started To Come Off For The U.S. Economy, And The Worst Is Yet To Come

For a long time, there was a lot of denial about the direction that the U.S. economy was heading.  The Biden administration and the mainstream media just kept insisting that everything was just fine even though everyone could clearly see that it wasn’t.  But now reality is setting in.  Last week we got some numbers that Wall Street really didn’t like, and a massive temper tantrum ensued.  The panic that we witnessed on Friday was quite breathtaking, and many are concerned that it could bleed over into the new week.  Investors are desperate for the Federal Reserve to cut interest rates, but so far the Fed has not moved. (Read More...)

Wall Street Is Starting To Freak Out About The Horrendous State Of The U.S. Economy

It looks like investors are starting to figure it out.  Bad economic numbers continue to come pouring in, but so far the Federal Reserve has refused to pull the trigger on a rate cut.  We have seen this story before, and it never ends well.  It is often said that “he who hesitates is lost”, and in this case the Fed’s hesitation could mean a tremendous amount of economic pain during the months ahead.  On Thursday, Wall Street responded to the Fed’s inaction by throwing a bit of a temper tantrum.  At one point the Dow Jones Industrial Average was down 744 points, and it closed the session down 494 points… (Read More...)

World War 3 Alert! Iran Says That It Will Conduct “Special Operations” To Take Revenge On Israel

It is difficult to see how a cataclysmic war in the Middle East can be avoided at this point.  The region was already teetering on the brink of disaster, and now the head of Hamas has been assassinated.  It would be difficult to overstate the anger that the Islamic world is experiencing right now, and the Iranians are particularly mad because it happened on their territory.  As you will see below, the Iranians are vowing that they will take revenge on Israel.  If the Iranian response is too large, there is a risk that it could set off a series of events in the Middle East that nobody is going to be able to control. (Read More...)

This Is What The Final Stages Of A Bubble Economy Look Like Just Before A Collapse Happens

How does it feel to be living on the edge of a bubble just before it bursts?  Ever since the days of the Great Recession, our leaders have been going to extremes that we have never seen before as they attempt to keep our failing economy propped up.  The Federal Reserve has created trillions upon trillions of dollars out of thin air and pumped it into the financial system.  Our politicians in Washington have been on the greatest debt binge in the history of the world, and as a result our national debt has soared to truly horrifying levels.  On Monday, our national debt reached 35 trillion dollars, and even the New York Times is admitting that it is growing “more quickly than many economists had predicted”… (Read More...)

One Man Found The Infamous “Carpet Trails” In Florida That Lead To Enormous Homeless Encampments Way Back In The Woods

If you are still able to afford a decent home, you should consider yourself to be incredibly blessed, because vast numbers of Americans do not have a permanent place to live at this point.  Homelessness in the United States is at the highest level ever recorded, and it has been growing at the fastest pace ever recorded.  The homeless encampments that have been popping up all over our major cities have been making lots of headlines in recent years, but many of the homeless live and die in very isolated places far from public view.  What I am about to share with you should deeply sadden all of us. (Read More...)

The Percentage Of Americans That Worry They Won’t Be Able To Pay Their Bills Is Higher Than It Was During The Great Recession

Do you remember how painful the Great Recession was?  2008 and the years immediately following were definitely a very dark chapter in our history, but a new study has actually found that the percentage of Americans that worry they won’t be able to pay their bills is actually higher today than it was back then.  Slowly but surely, our economic strength has been fading and our standard of living has been falling.  Unfortunately, now we have reached a point where a very large portion of the U.S. population is really struggling.  According to a CNN poll that was just released, almost 40 percent of all U.S. adults “say they worry most or all of the time that their family’s income won’t be enough to meet expenses”… (Read More...)

We Haven’t Seen A “Historic Surge” Of Corporate Bankruptcies Like This Since The Great Recession

We continue to get numbers that indicate that the U.S. economy is steamrolling in the wrong direction as we approach the most chaotic election season in our history.  Needless to say, the performance of the economy is going to play a major role in the outcome of the election, because millions upon millions of Americans are really suffering right now.  Homelessness has been growing at the fastest pace ever recorded, hunger and poverty are exploding, and we are in the midst of a cost of living crisis that doesn’t seem to have any end in sight.  Unfortunately, there are signs that things will soon get even worse.  For example, we experienced a “historic surge” of corporate bankruptcies during the first half of this year that was worse than anything we have witnessed since the first half of 2010… (Read More...)

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