Economy

We Are Being Warned That Meat Prices Could Go Up Another 40 Or 50 Percent

If you have been to the grocery store lately, you have probably noticed that meat prices have gone up dramatically.  Unfortunately, we are being warned that things could get much worse in 2023.  All over the northern hemisphere,…

The End Of The Retail Industry As We Know It Today

Will this be the last “somewhat normal” holiday season for U.S. retailers?  Normally, the holiday season is the most profitable time of the year for our retailers, but it has become clear that holiday spending is going to…

Here Comes Your Cashless Society: New York Fed & 12 Banking Giants Launch Digital Dollar Test

Well, if anyone thinks the economy crashing is only Joe Biden’s fault, then you actually need to understand how economics and the markets work.  Furthermore, you need to understand the value of real money, not the debt dollars…

US Consumers Are Doing EXACTLY What They Did Just Prior To The Crash Of 2008

We never seem to learn from our mistakes.  Just before the financial markets crashed and the economy plunged into a horrifying recession in 2008, U.S. consumers went on a debt binge of epic proportions.  Mortgage debt, auto loan…

We Just Witnessed A New “Lehman Brothers Moment”, & It Threatens To Unleash A Frenzy Of Panic On Wall Street

Another domino has fallen.  We are being told that the failure of FTX “would be kind of like a Lehman Brothers event”, and at this hour FTX is on the verge of collapse.  There was a chance that…

US Consumers Will Be Spending Much Less This Holiday Season Because Many Of Them Are Already Tapped Out

This holiday season is certainly going to be far less jolly for millions of Americans.  Yesterday, I detailed 11 signs that economic activity in the U.S. is rapidly declining.  Well, today we have gotten even more bad news.  Thanks to…

11 Signs That Economic Activity Is Plunging Off A Cliff

Have you noticed it too?  There has been a dramatic shift in the economy in recent days.  It has been sudden and it has been severe.  All over the country, sales are falling like a rock, inventories are…

Americans Want More Stimulus Checks to “Fight Inflation”

Editor’s Note:  Don’t they know that these “checks” only make the inflation worse?  Apparently, not! A recent poll ascertained that Americans are willfully ignorant at best, and dependent slaves at worst. The poll proved that most Americans are…

Federal Reserve’s Famous Last Words: “We Will Stay The Course Until The Job Is Done”

The last time interest rates were this high, the U.S. economy plunged into “the Great Recession” and millions of Americans lost their jobs.  But the Federal Reserve is not going to stop here.  In fact, Fed Chair Jerome…

They Won’t Be Able To Deny The Cold, Hard Reality Of What Is Happening To The US Economy Much Longer

They are trying really hard to convince all of us that everything is just fine.  But close to one-fifth of the U.S. population is skipping meals because food prices are too high.  And nearly 40 percent of our…

Americans Are Skipping MEALS & MEDICATIONS Because They Can’t Afford Them

An unsettling survey by the  Nationwide Retirement Institute® found that the economic crisis is starting to have daily effects on Americans. Millions of people are now skipping meals, forgoing prescription medication, buying less nutritious food, and going without medical care.…

Big Tech Companies Tell Us Exactly Where The Economy Is Headed In 2023

If you didn’t like economic conditions in 2022, then you are definitely not going to be pleased by what is coming in 2023.  This year we have had to deal with rampant inflation, very sluggish economic activity and…

Teetering On The Brink: 63 Percent Of Americans Are Living Paycheck To Paycheck

We have reached a point where nearly two-thirds of all Americans are living paycheck to paycheck.  So what happens if millions of those people suddenly lose their paychecks during the severe economic downturn that is ahead of us? …

12 Reasons It Is Impossible To Be Optimistic About US Economy

Things haven’t looked this bad for the U.S. economy since 2008.  We are in the midst of the worst inflation crisis in decades, the housing market has started to collapse, some of the largest companies in America have begun…

2022 Shutdowns Continue: Aluminum, Copper, Iron, Steel Production Being Shuttered At Alarming Rate

The US economy continues to crash all around us, but the politicians keep telling us it isn’t happening.  The latest examples of this collapse are occuring with aluminum, copper, iron and steel production. Lance D Johnson has the…

Middle Class Slowly Being Eradicated: 50% Of All American Workers Made Less Than $3,133 A Month Last Year

Inflation is systematically destroying our standard of living, and the middle class is shrinking a little bit more with each passing day.  The Social Security Administration just released wage statistics for 2021, and the numbers that they have given…

IMF Chief: CBDC Should Be Used Alongside Social Credit System to Enslave Humanity

The elitists whose goal is to make our enslavement permanent claim that a Central Bank Digital Currency (CBDC) should be used alongside a social credit system to completely control humanity. The International Monetary Fund chief wants to control…