The Economic Collapse

When you get big enough, it can be tempting to believe that you can treat those that you do not like any way that you want.  But if you treat people like garbage long enough, it is going to bite you in the rear end.  Executives at Facebook apparently thought that they could viciously shut down free expression on their various platforms without damaging their financial performance.  Well, they were wrong.  Vast hordes of really good people have been leaving Facebook and Instagram permanently, but for a while growth from overseas was balancing that out.  Now overseas growth is drying up, and the latest numbers the company just released were do disastrous that it caused a violent reaction on Wall Street.  In fact, Facebook just had the single worst day that any company has ever had in the history of the stock market… (Read More...)

That sure didn’t last long.  Over the past two years, the U.S. government borrowed and spent trillions of dollars that we did not have, and the Federal Reserve unwisely pumped trillions of fresh dollars into our financial system.  Of course all of that money was going to be a short-term help for the economy, but it was also going to make our long-term problems even worse.  So what did we get in turn for mortgaging our future?  Well, it turns out that we got a few months of economic stability, tremendous inflation, and the worst supply chain crisis in the history of the United States. (Read More...)

The United States and Russia are on a collision course.  Unfortunately, the guys running the show in both countries are not exactly sane, and they deeply, deeply distrust one another.  So what happens when a bunch of lunatics decide to play a game of chicken with the fate of the entire world at stake?  Unfortunately, it appears that we are about to find out. (Read More...)

I am going to try to make as much noise about this crisis as I can, because we have never faced anything like this in modern times.  Global fertilizer prices have tripled, and we are being warned that this is going to have a catastrophic impact on food production all over the world.  On Monday, an article that I wrote about this went viral all over the Internet.  On Zero Hedge alone, my article has been viewed more than a quarter of a million times.  The reason why the article is so popular is because the corporate media in the United States is largely ignoring this story.  But it should be front page news all over the country, because this is going to affect every man, woman and child on the entire planet. (Read More...)

It is becoming clear that we are in far more trouble than we are being told.  In recent months, all forms of traditional energy have become significantly more expensive, and this is fueling price increases all over the planet.  This new global energy crisis is directly responsible for the astounding rise in fertilizer prices, it has resulted in a tremendous amount of pain at the pump for millions of average Americans, and since virtually everything that we buy has to be transported it is a major contributing factor to the “inflation boom” that we are currently witnessing.  Unfortunately, this is just the beginning. (Read More...)

They just have to suffocate anything that smells like freedom, don’t they?  After alienating and persecuting so many other groups of Americans, now the Biden administration is coming after cryptocurrency owners.  Biden administration officials are promising to bring “coherency” to the industry, but just like everything else that they touch it is far more likely that they are going to ruin the industry.  One of the positive things about the cryptocurrency industry has been how relatively free from regulation it has been all these years, but now Biden and his minions are absolutely determined to change that.  In fact, Bloomberg has reported that Biden is going to issue a cryptocurrency executive order as soon as next month… (Read More...)

This was supposed to be the year that things “got back to normal”, but here we are at the end of January and things have only gotten worse.  As we move forward into February and beyond, there are two key global shortages that we are going to want to keep a very close eye on.  One of them is the rapidly growing fertilizer shortage.  A few days ago, the Wall Street Journal ominously warned that “high fertilizer prices are weighing on farmers across the developing world”… (Read More...)

How would you feel if the value of your investments dropped by half in just a couple of months?  Fortunately, those that have invested in stocks and bonds are not suffering that sort of pain (yet), but another class of investors has been absolutely eviscerated in recent weeks.  For a long time, cryptocurrency investors laughed at all the rest of us as the value of their investments soared into the stratosphere.  Many of them felt that they were living proof that you really could “get rich quick”, but as I have always warned my readers you only make money in the markets if you get out in time. (Read More...)