The Economic Collapse

Can you believe that it is the second half of 2022 already?  I don’t know about you, but to me it seems like time goes by faster with each passing year.  Perhaps that is just because I am getting older.  In any event, the first six months of 2022 are already in the tank.  During those six months, the largest land war in Europe since World War II has erupted, inflation has spiraled out of control all over the world, we have plunged into the worst energy crisis since the 1970s, a horrifying bird flu pandemic has killed tens of millions of turkeys and chickens in the U.S. alone, the worst monkeypox outbreak in history has begun, the S&P 500 had the worst start to a year since 1970, and global leaders have been relentlessly warning us that we are heading into an “unprecedented” planetary food crisis.  Unfortunately, I expect the second half of 2022 to be even worse. (Read More...)

Do you know what we celebrate on July 4th?  For most of my readers, such a question would be an insult because the answer is obvious.  July 4th was the day that we officially declared our independence from the British.  The Continental Congress actually voted in favor of independence on July 2nd, and then on July 4th the Declaration of Independence was formally adopted.  Every year, the Declaration of Independence is read during 4th of July celebrations all over the country, and it turns out that this yearly reminder is greatly needed.  According to one recent survey, most members of Generation Z do not know who the United States declared independence from in 1776… (Read More...)

This country is not the same place that it was ten years ago.  In fact, it is not even close to the same place that it was five years ago.  Violent crime is out of control in many of our major cities, and there aren’t enough police to handle it all.  So in many cases a police officer literally never shows up when someone reports a serious crime.  Unfortunately, the number of serious crimes just keeps going up.  In 2020, we witnessed the worst spike in violent crime in U.S. history, but 2021 was supposed to be a year when rates of violent crime started going back down.  Of course that didn’t happen, and now 2022 is on pace to be even worse than either 2020 or 2021… (Read More...)

How much are you willing to sacrifice for “the future of the liberal world order”?  As you will see below, the Biden administration is trying to convince us that supporting the “liberal world order” is far more important than any short-term economic pain that we are experiencing right now.  So are you willing to pay ridiculously high gas prices for the foreseeable future and suffer through a very serious economic downturn in order to put pressure on Vladimir Putin and Russia?  Some Americans would be willing to do that, but most would not. (Read More...)

If countries in Europe are already beginning to ration certain things due to “supply problems”, how long will it be before it starts happening in the United States?  Up until the past couple of years, many of us in the western world always considered shortages to be something that only “unsophisticated” poor countries on the other side of the planet had to deal with.  But the last couple of years have shown us that painful shortages can happen to wealthy countries in the western world too.  At first we were told that they were “just temporary”, but the months went by and we just kept having more shortages.  In fact, in 2022 “supply problems” have become so serious that many supermarkets in Europe have been forced to strictly ration essential items at various times.  For example, it was being reported that due to the war in Ukraine flour, sunflower oil and sugar were all being rationed by stores in Greece… (Read More...)

Even the most wild optimists are starting to sound like “doom and gloomers”.  In fact, even the most optimistic woman on Wall Street is now telling us that the U.S. economy is in a recession right now.  At one time, Cathie Wood seemed like she could do no wrong.  Many of her wildly optimistic stock predictions kept coming true, and she gained hordes of Internet followers that hung on her every word.  In 2020, her ARK Innovation fund outperformed the S&P 500 by a very wide margin, and pundits such as Jim Cramer were calling her a “genius”… (Read More...)

The head of the United Nations just warned that we are heading into an “unprecedented global hunger crisis”, and people are already dropping dead of starvation in Africa.  For months I have been documenting the signs that severe food shortages were on the way, and now they have begun.  Of course there are many reasons why we are facing such a dire situation.  Weather patterns have gone completely haywire all over the planet, the COVID pandemic has played havoc with global supply chains, and the war in Ukraine is greatly restricting the flow of agricultural resources out of one of the key breadbaskets in the entire world.  Unfortunately, what we have experienced so far is just the tip of the iceberg. (Read More...)

There have been many times in the history of this country when we have seen tremendous outbursts of anger, but most of those faded fairly quickly.  For example, the rioting that we witnessed in the aftermath of the death of George Floyd was horrifying, but it only lasted for a matter of weeks.  This time around, we are facing a national temper tantrum that won’t be measured in weeks or months.  Unless the Supreme Court reverses course on abortion, and I don’t expect that will happen any time soon, the temper tantrum that we are witnessing now is not likely to have an ending point.  Millions of hellish ghouls have been stirred up into a state of immense rage, and the entire nation is going to pay the price. (Read More...)