How bad do things have to get before people start realizing that we are in the midst of a full-blown economic crisis?  The “experts” on television are endlessly debating about whether or not we are going to have…

Amazon CEO Andy Jassy published a memo on the company’s blog about layoffs that will affect 18,000 jobs, many of which are concentrated in the firm’s corporate ranks. Layoffs seem to be fairly common right now as the economic situation…

I hope that I am wrong about our immediate economic future, and I hope that all of the other respected voices that are warning of economic doom in 2023 are wrong too.  It would be wonderful if things…

It amazes me that so many people still cannot understand what is happening.  2022 was supposedly going to be a year when America entered a new golden age of prosperity, but that didn’t happen.  Instead, it was a…

The Federal Reserve giveth, and the Federal Reserve taketh away.  In a desperate attempt to help the U.S. economy recover from the horrific economic crisis of 2008 and 2009, the Federal Reserve pushed interest rates all the way…

Economic conditions just keep getting worse.  As we prepare to enter 2023, we find ourselves in a high inflation environment at the same time that economic activity is really slowing down.  And just like we witnessed in 2008,…

It’s incredible how quickly things are melting down here in these united States and in other countries around the world.  The US dollar and economy is on the verge of collapse and the banksters have come up with…

The mainstream media is trying really hard to convince all of us that inflation will soon no longer be a problem, but meanwhile food prices continue to soar to absolutely absurd levels.  In fact, we just learned that…

Is your job secure?  Over the past couple of years, American workers generally didn’t need to be concerned about job security.  Even if someone got fired unexpectedly, it was just so easy to find new employment because there…

The war on cash has just gone to an entirely new level.  When I heard that the European Union was planning to completely ban all cash transactions above 10,000 euros, I had a hard time believing it.  There…

Here we go again.  When the housing market crashed in 2008 and 2009, large numbers of U.S. homeowners ended up owing more on their mortgages than their homes were worth.  When the Federal Reserve started to aggressively hike…

Will 2022 go down in history as one of the most important economic turning points that we have ever seen?  All over the planet, economic activity is beginning to decelerate and uncertainty about the future is in the…

If you thought that the collapse of FTX was something, just wait until the entire global financial system comes crashing down all around us.  Most people just assume that the system is being managed by rational people that…

We continue to get more evidence that the U.S. economy is really slowing down.  As you will see below, the amount of stuff that we are ordering from manufacturers in China is plunging dramatically.  I have never seen…

Usually, after the biggest shopping day of the year, I scour the internet for a montage of shocking videos for an annual Black Friday Hall of Shame. This year, there weren’t enough badly behaved people to make an article.…

We knew that economic conditions were deteriorating, but this is getting ridiculous.  According to Challenger, Gray & Christmas, the number of layoffs in November was 127 percent higher than it was in October.  That isn’t just a trend,…

Many experts are now warning that we could see the housing market and the commercial real estate market simultaneously crash in 2023.  If that were to happen, it would put an extreme amount of stress on our financial…