When the global economy is doing well, the amount of stuff that is imported and exported around the world goes up, and when the global economy is in recession, the amount of stuff that is imported and exported around the world goes down.  It is just basic economics.  Governments around …

Did you know that there are some U.S. states that have already officially fallen into recession?  Economic activity all over the planet is in the process of slowing down, and there are some areas of the country that are really starting to feel the pain.  In particular, any state that is …

If they are actually telling us that a recession is coming this time around, how bad is it going to be?  In 2008, officials kept assuring us over and over again that there wouldn’t be a recession, and then we plunged into the greatest economic downturn since the Great Depression …

Our leaders were able to successfully kick the can down the road for a long time, but now many of our long-term problems are becoming short-term problems, and the economic outlook for the remainder of 2023 is extremely bleak.  But none of the economic hardships that we are experiencing at …

This isn’t what a civilized society is supposed to look like.  We aren’t supposed to have vast mobs of very angry young people rioting, looting and generally going nuts all over the country.  But this is what our nation has become.  Our major cities have become cesspools of lawlessness where …

If virtually everyone is expecting a recession, and most people start acting accordingly, do you think that will make an economic downturn less likely or more likely?  Needless to say, the answer to that question is obvious.  Right now, banks all over the country are getting really tight with their …

Economists at the Federal Reserve (the United States central bank) said they expect a “mild” recession later this year, an escalation from their previous assessment. The staff expects the economy to dip into recession following the “banking crisis” that is likely not over yet. “Given their assessment of the potential …

This is moving even faster than a lot of us thought that it would.  For weeks, I have been warning my readers about the coming credit crunch.  When banks get into trouble, they start getting really tight with their money.  That means fewer mortgages, fewer commercial real estate loans, fewer auto …

If you are struggling to make it in this economy, you are not alone, because there are millions of other Americans in the exact same boat.  Needless to say, the cost of living has become extremely oppressive, and that has put a tremendous amount of financial stress on U.S. families.  …

The mainstream media continues to tell us that the economy is in fine shape, and you can believe that if you want.  But evidence continues to mount that indicates that we are headed for very serious trouble.  Inflation is out of control, home sales have fallen for 12 months in a …