Economy

Jobs Report Comes In at 199k — Majority of Jobs in Government & Government Funded Jobs

The media will applaud *Bidenomics* for the jobs report but the reality is the majority of the jobs are government jobs and strikers returning to work. Employment in retail trade declined during the holiday season are second and…

Deflation On The Way, Followed By Stock Market Crash

Donald Luskin, an economist andTrendMacro CIO said that “deflation is coming” and it will cause a stock market crash. Ahead of the December meeting, Luskin argued the Federal Reserve’s “dangerously high” interest rate hikes are transitory, and that the…

It Now Costs 3.4 Million Dollars To Live “The American Dream” And The Gap Between The Wealthy And The Rest Of Us Is Bigger Than Ever

For a long time, it has been clear that the middle class is being systematically destroyed.  The cost of living has been rising faster than paychecks have for years, and this has pushed millions of Americans into poverty. …

They Are Calling This “Layoff Season”

Is your job safe?  According to the Bureau of Labor Statistics, there were more than 13 million layoffs and discharges in the United States during the first nine months of 2023, and now “layoff season” has arrived.  As…

“A Constant State Of Sticker Shock” – Here Is Proof That Inflation In The US Is Wildly Out Of Control

Do you believe the politicians in Washington or do you believe your own eyes?  The politicians keep telling us that “inflation is low”, but everyone can see that everything sure does cost a lot more than it once…

We Are Witnessing An Avalanche Of Branch Closings As US Banks Desperately Try To Stay Alive

If you do things the right way, in the long run you will get positive results.  But if you do things the wrong way, in the long run you will get negative results.  Our banks are the beating…

The Government Debt Crisis That We Have Been Warned About For Decades Is Happening Right Now

For decades we were warned that someday our politicians would push things too far.  We were warned that someday our national debt would spiral out of control, servicing that debt would become extremely oppressive due to soaring interest…

The Entire Banking System Is Shaking

Why are big banks suddenly rushing to shut down so many local branches all over the nation?  As I have discussed in previous articles, U.S. banks are currently sitting on hundreds of billions of dollars in unrealized losses. …

James Rickards: When Next Financial Crisis Hits, Elites Plan To Freeze The Financial System Worldwide

When the planned financial collapse finally hits, the elites and globalists have big plans to freeze the entire financial system on a massive global scale. Back in 2017, James Rickards warned that there is a network of 189…

Say Goodbye To The Middle Class: Half Of All American Workers Made Less Than $40,847.18 Last Year

If you are wondering why so many Americans are stressed about their finances these days, just look at the numbers.  The Social Security Administration just released national wage statistics for 2022, and the figures that they have given…

Nonstop Inflation: Biden Wants You to Pay More and Get Less

Under the guise “Buy America”, Biden U.S. has built a fortress to keep out Chinese EVs as millions sell around the world. Let’s discuss in detail what that really means. Why Americans Can’t Buy Cheap Chinese Electric Vehicles…

Are the Fed and ECB Different? In What Key Way Are they Alike?

The ECB is signaling more rate hikes. The Fed has paused and the next move appears to be lower. But does that make the Fed and ECB different? Are the Fed and ECB Different? This may surprise you,…

106.4 Million U.S. Adults Do Not Have A Job Right Now

19 months in a row!  The Conference Board’s index of leading economic indicators has now fallen for 19 months in a row.  When something happens for 19 consecutive months, that is definitely a trend.  The economy is clearly…

11 Signs That US Consumers Are In Very Serious Trouble As We Head Into The Final Stretch Of 2023

U.S. consumers are getting weaker and weaker and weaker.  Today, debt levels have risen to unprecedented heights, but thanks to roaring inflation our standard of living has been steadily going down.  Most Americans are working extremely hard, but they…

US Retail Sales Plummet As Student Loan Payments Resume

Since those who took out student loans are now having to repay them, United States retail sales have plummeted.  According to the Bank of America, who have been mysteriously all-knowing for months, this morning’s U.S. retail sales print…

The Middle Class Is Working Harder Than Ever, But It Is Being Absolutely Eviscerated By “Bidenomics”

What in the world is happening to the middle class?  Once upon a time, the United States had the largest and most vibrant middle class in the history of the world.  When I was growing up, a single…

Bank of America: U.S. Debt Will Top $50 Trillion

Bank of America is warning the American slave class to expect the national debt to top $50 trillion. Citing data from the Congressional Budget Office, the U.S. national debt is very likely to surge by $20 trillion over…