The Economic Collapse

Are you ready for what is coming next?  Are you ready to pay six dollars for a gallon of gasoline?  Are you ready to pay much higher prices for everything at our major stores as the price of diesel goes haywire?  Are you ready for widespread blackouts all over the U.S. this summer?  Unfortunately, we are being warned that all of these things are coming.  The worst energy crisis in U.S. history is poised to get even worse in the months ahead, and there is no “silver bullet” on the horizon which is going to magically solve our problems.  The refineries that we need are not being built and the drilling that needs to be done is not really happening.  Of course energy supplies are getting tighter and tighter all over the globe, and things will go to an entirely new level once the next major war starts. (Read More...)

The U.S. economy is slowing down more quickly than almost all of the experts had anticipated.  As I detailed yesterday, U.S. consumers have been getting hit extremely hard by this economic slowdown, and at this point most Americans believe that a recession is coming.  But could it be possible that a recession has already begun?  As you will see below, the numbers seem to indicate that such a scenario is quite likely.  But whether we are already officially in a recession or not, the truth is that whatever we are experiencing now is nothing compared to the pain that is eventually coming down the road. (Read More...)

Prices are soaring, there are widespread shortages of certain items such as baby formula all over the nation, and at the same time U.S. economic activity appears to be really slowing down.  Considering all of that, it makes perfect sense why the American people are feeling so negative about the economy right now.  In fact, a whopping 85 percent of all Americans believe that there will be a recession within the next year.  These days, it is virtually impossible to get Americans to overwhelmingly agree about anything, and so the fact that 85 percent of us are anticipating a recession is a really big deal.  Just about everyone realizes that economic conditions are going to get worse, but for those of you that still doubt where we are headed here are 11 statistics that show how U.S. consumers are faring in this rapidly deteriorating economy… (Read More...)

What in the world has happened to our society?  Every day I scour dozens of news websites as I do research for my articles and upcoming books, and every day I am horrified by all of the evil that I encounter.  We are a deeply, deeply sick society, and more symptoms emerge with each passing day.  For example, what would cause an 18-year-old to walk into an elementary school and start gunning down young children?  When I was growing up, I never once imagined something like that could possibly ever happen in any of the public schools that I attended.  But now this sort of thing is becoming a regular occurrence in America, and the great tragedy that we witnessed on Tuesday quickly made headlines all over the nation… (Read More...)

There isn’t going to be enough food for everyone this year.  We have been waiting for the nightmarish global food crisis that so many have warned us about, but we don’t have to wait for it anymore because it is already here.  Millions upon millions of people around the globe will be desperately hungry tonight, but what we are experiencing right now is just the tip of the iceberg because things will be so much worse by the end of 2022.  If you don’t want to believe me, hopefully you will believe some of the experts that I quote in this article. (Read More...)

Is this going to be the next great global pandemic?  When I first wrote about this monkeypox outbreak exactly one week ago, there were just three cases and all of them were in the UK.  Now here we are just seven days later, and there are confirmed or suspected cases in 17 different countries.  If you are still not familiar with monkeypox, it has been described as a less deadly cousin of smallpox.  In the 20th century, smallpox killed more than 300 million people, and so we definitely do not want to see a smallpox outbreak ever again.  Thankfully, the death rate for monkeypox is much lower.  But it still has the potential to kill lots of people, and so hopefully authorities can find a way to contain this outbreak before it spirals out of control. (Read More...)

If you thought that the economic news was crazy during the first half of 2022, just wait until we get to the second half.  So many of the problems that we are experiencing now are going to continue to intensify, and Americans are becoming more pessimistic about economic conditions with each passing day.  In fact, as you will see below, a whopping 85 percent of us believe that it is “very likely” or “somewhat likely” that the economy will go through a recession at some point during the next year.  Of course the truth is that if all we have to suffer through is a “recession”, we would be extremely fortunate.  Our leaders have lost control of the economy, and many of us are extremely concerned about what is coming next.  The following are 12 nightmarish economic trends that we should expect to see during the second half of 2022… (Read More...)

This is starting to get really bad.  By now, you have probably heard that the stock market crashed again on Wednesday.  The carnage was immense, and the big names on Wall Street are deeply concerned about what will happen next.  But this wasn’t supposed to happen.  After falling for six weeks in a row, this was supposed to be the week when stock prices finally bounced back.  Needless to say, that isn’t what we are witnessing.  In fact, we just witnessed the worst day for the Dow since the early days of the COVID pandemic… (Read More...)