Search Result for “economic crisis”

They were able to delay the U.S. economy’s day of reckoning, but they were not able to put it off indefinitely.  During the pandemic, the Federal Reserve pumped trillions of dollars into the financial system and our politicians borrowed and spent trillions of dollars that we did not have.  All …
Read More

These days, at Costco, it seems like you can get whatever you need for the Zombie Apocalypse. A savvy shopper can purchase anything from a massive bulk pack of toilet paper they can barely fit into the trunk of their car to solid gold bars. I’ve long written about the …
Read More

If you knew for certain that we were about to plunge into another massive economic downturn like we experienced during the “Great Recession”, how would you respond?  The events of the second half of 2008 took almost everyone by surprise, and the vast majority of the population was completely unprepared …
Read More

How would you feel if your power bill went up by 50 percent this winter?  How about 100 percent?  Unfortunately, these kinds of price increases are already being announced.  The world was heading into a major energy crisis even before the war in Ukraine started, and now that conflict threatens …
Read More

Not too long ago, the elite were trying to put a happy face on our growing economic problems. It was obvious that things were trending in a very alarming direction, but they kept assuring us that any bumps in the road were just temporary and that a new golden age …
Read More

This seemingly endless COVID pandemic is causing immense stress for millions of ordinary Americans.  In past articles, I have discussed the fact that surveys have shown that Americans are drinking more alcohol and taking more drugs during this pandemic.  Even more alarming, we have seen suicide rates spike over the …
Read More

I warned that an economic collapse was coming, and an economic collapse is exactly what we got.  2020 was a “personal financial disaster” for 55 percent of all Americans, approximately 12 million U.S. renters are “at least $5,850 behind in rent and utilities payments”, the Aspen Institute is projecting that up to 40 million …
Read More

Unfortunately, most ordinary Americans simply do not grasp the importance of what is happening, because we have never seen anything like this in modern American history.  The two largest economies on the entire planet are now in a state of economic conflict, and there is no way that this is going to end well.
Read More

Over the past three weeks, approximately 11 trading days, silver has suffered one of the longest downward spirals in a great many years, and some have even argued this is the longest ever. I try not to look a gift horse in the mouth and simply use this manipulated beating …
Read More

Whether you have kids headed to college, in college, just graduated, or if you have no college-bound grads at all, the following micro-documentary from Crush The Street explains that the coming college meltdown will have dire consequences for the entire economy. Today in America the overburdening debt and shrinking jobs …
Read More