The Economic Collapse

All of our lifestyles are about to change in a major way, but the vast majority of the population still does not understand what is coming.  Throughout our entire lives, we have always been able to depend on a couple of things.  There would always be cheap gasoline to fuel our vehicles and there would always be mountains of cheap food at the grocery store.  No matter who was in the White House and no matter what else was going on in the world, those two things always remained the same.  Unfortunately, those days are now over and they aren’t coming back. (Read More...)

It’s wake up time.  For months, there has been a tremendous amount of denial out there.  So many of the “experts” assumed that the Federal Reserve and other central banks had everything under control and that things would “return to normal” before too long.  But that hasn’t happened.  Instead, the wheels seem to be coming off the bus and nobody seems to know what to do.  The Fed appears to be determined to keep raising interest rates in a desperate attempt to fight inflation, and this has forced other central banks all over the globe to raise rates as well in order to keep their currencies from absolutely tanking.  But all of these interest rate hikes are taking us into a major global economic downturn, and central bankers in Europe are literally screaming at the Fed to end the madness. (Read More...)

Europe is facing an extremely cold winter that will be filled with energy shortages, blackouts and absurdly high power bills.  All across the continent, ordinary people can see what is coming, and many of them are starting to panic.  Demand for wood stoves is off the charts, and many Europeans are hoarding wood and other materials to burn in their existing wood stoves during the bitterly cold months ahead.  We truly are in unprecedented territory, and things are about to start getting really crazy out there. (Read More...)

Our politicians in Washington are literally destroying our future.  But do you see anyone out in the streets protesting their calamitous policies?  By now, you have probably heard that the U.S. national debt has hit 31 trillion dollars.  To be more precise, as I write this article the U.S. national debt is currently sitting at $31,142,591,307,260.01.  It is the largest single debt in the history of the world, and given enough time it would completely destroy our economy all by itself.  Unfortunately, hardly anyone in Washington seems to care about our rapidly exploding debt at this point. (Read More...)

In less than one year, 46 trillion dollars in financial wealth has been wiped out.  If that isn’t a “crash”, how would you define one?  Since last November, stocks and bonds have been plunging all over the globe.  When there is a good day like we saw on Monday, sometimes that can fool us into thinking that everything is going to be okay.  But in order to understand what is really going on we need to step back and look at the bigger picture.  And when we look at the bigger picture, it becomes exceedingly clear that we are in the midst of a historic worldwide market crash.  According to Bank of America, a whopping 46.1 trillion dollars in financial wealth has already been wiped out since last November… (Read More...)

The parallels between 2008 and 2022 just keep getting stronger.  14 years ago, the collapse of Lehman Brothers sent a massive wave of panic through global financial markets and is widely considered to be the key event that plunged us into a horrifying financial crisis that we still talk about to this day.  Well, now an even larger bank appears to be on the brink of collapse, and analysts all over the world are deeply concerned about what that will mean for the global financial system if it does fail. (Read More...)

I don’t know if I have the words to describe what we have just seen.  Summer just ended, and within one week we have already witnessed the most costly natural disaster in the entire history of the United States.  There are some areas along the west coast of Florida that have literally been destroyed.  Some have compared the devastation to the dropping of an atomic bomb, and that is not an exaggeration at all.  The state of Florida has never experienced a storm quite like this before, and recovery is going to be measured in years. (Read More...)

For the good of humanity, this has got to stop.  The United States and Russia both keep raising the stakes, and if we keep repeating this cycle it will end with a nuclear war that could ultimately result in billions of deaths.  Unfortunately, leaders on both sides do not seem interested in peace at this point.  The votes that Russia just conducted in four disputed territories were inevitably going to raise tensions even higher.  Of course the western powers have been greatly escalating matters themselves.  Over the past couple of months, NATO has gotten far more deeply involved in the conflict in Ukraine, and now the war is starting to spread beyond Ukrainian borders. (Read More...)