The Commercial Real Estate Crisis Of 2024 Is Going To Be A Doozy…

Over the last several years we have seen commercial real estate values plummet dramatically all over the United States.  One of the reasons why this is happening is because millions of Americans started working from home during the pandemic, and many of them never returned to the office once the pandemic subsided.  Another reason why this is happening is because there has been a mass exodus of businesses from our core urban areas.  Conditions have rapidly deteriorated in many of our largest cities, and it is exceedingly difficult to run a profitable business in the midst of an environment of constant theft and violence.  Ultimately, it is very easy to understand why commercial real estate values have crashed, and they will almost certainly go even lower. (Read More...)

Delinquency Rates Are Spiking! Has The Final Meltdown Of The U.S. Consumer Now Begun?

According to the New York Fed, total household debt in the United States increased by 212 billion dollars during the fourth quarter of 2023.  It is now sitting at a grand total of 17.5 trillion dollars.  I suppose the good news is that we aren’t 34 trillion dollars in debt like the federal government is.  But 17.5 trillion dollars is still really bad, and it is far more than U.S. households can handle.  Unsurprisingly, delinquency rates have started to spike, and I fully expect this trend to intensify in the months ahead. (Read More...)

Millions Of Americans “Prepare For The Apocalypse” As The Global Food Crisis Reaches Unprecedented Levels

Hundreds of millions of people are “facing chronic hunger”, and in the time that it will take you to read this article the death toll from starvation on the other side of the globe will go even higher.  But since the legacy media doesn’t really talk about the global food crisis much, most Americans don’t even realize that it is happening.  Many of us are so obsessed with what Taylor Swift and other celebrities are doing, but when is the last time that you had a meaningful conversation with someone about global famine?  According to the UN’s World Food Program, “a food crisis of unprecedented proportions” is unfolding right in front of our eyes at this moment… (Read More...)

Theater Of The Absurd

They are taking gaslighting to a whole new level in 2024.  The raw, unadjusted figures that the Bureau of Labor Statistics just released say that the U.S. economy lost more than 2.6 million jobs last month.  That is what actually happened.  But after they massaged that number with all sorts of “assumptions” and “adjustments”, it magically turned into a gain of 353,000 jobs.  Amazingly, even Fox Business is attempting to claim that this adjusted number shows “the resilience of the labor market”… (Read More...)

“This Is A Dangerous Moment In The Middle East”

We are rapidly approaching a point of no return in the Middle East.  So far, more than 28,000 people have died as a result of the conflict between Israel and Hamas, but if a full-blown regional war erupts the final death toll would be many times higher.  Unfortunately, it appears that a full-blown war is exactly what we are going to get.  Day after day there are more escalations, and now the Biden administration has approved plans for “a series of strikes over a number of days” against targets in Syria and Iraq… (Read More...)

What Do You Call It When The Number Of Layoffs In The U.S. Goes Up By 136 Percent In Just One Month?

Wow, our economic problems really are starting to accelerate at a shocking pace.  I know that I have been writing about layoffs a lot lately, but what is happening to the employment market right now is definitely big news.   Day after day, more large companies are announcing mass layoffs.  Why would all of these large companies be doing this if the outlook for the U.S. economy is promising?  That wouldn’t make any sense at all.  But if these companies are convinced that the U.S. economy is heading into a recession (or worse), it would make perfect sense to slash payrolls at this time. (Read More...)

An Egg McMuffin Was Once Just 99 Cents. Can You Guess How Much One Costs Today?

The days of the 99 cent Egg McMuffin are never coming back.  Our central bank has been treating our currency like toilet paper, and our politicians in Washington have been borrowing and spending trillions of dollars that we do not have.  As a result, we are in the midst of an inflation crisis that seemingly has no end.  Of course the mainstream media insists that inflation is “low”, but literally just about everything that we shell out money for on a regular basis costs a lot more these days.  For example, just check out what it will cost you to get a single Egg McMuffin at one McDonald’s location in Connecticut… (Read More...)

Is It Just A Coincidence That The Great American Eclipse Of 2024 Will Enter The U.S. At Eagle Pass, Texas?

The Great American Eclipse of 2024 is just a little bit more than two months away, and amazingly the very first city that the path of the eclipse crosses over when it enters the U.S. is Eagle Pass, Texas.  There are more than 19,000 incorporated cities, towns and villages in the United States, and out of all of them Eagle Pass is the very first that the eclipse will touch.  On April 8th, 2024 the entire world will be watching as the Great American Eclipse travels across America.  Prior to this historic event, the last total solar eclipse visible from the U.S. was the Great American Eclipse of 2017, and there will not be another total solar eclipse visible from our country until 2044. (Read More...)