Economy

What Would You Do If Your Utility Bill Was TEN THOUSAND DOLLARS?

Imagine going to the mailbox to face the usual onslaught of bills and finding something different…something that could totally destroy life as you know it. Many Europeans are finding just that – utility bills for 1-2 months of power…

12 Numbers That Show That We Are Dangerously Close To An Economic Crash As Fall 2022 Approaches

You have heard me say it over and over again.  What we are witnessing right now reminds me so much of 2008, and we all remember what happened in the fall of 2008.  That doesn’t mean that this…

Fed Quantitative Tightening (QT) Doubles This Month, Progress Since June

The pace of QT allegedly doubles in September from the initial targets that started in June. Will that happen? Plans for Reducing the Size of the Federal Reserve’s Balance Sheet In January 2022, the Fed announced an intention…

The Economic Horrors Of 2008 Are Upon Us Again & Worse In The Next Economic Crisis

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…

Their Economy Is Collapsing All Around Them As Europeans Head Into An Extremely Cold & Bitter Winter

Last winter, Europeans were looking forward to yet another year of peace and prosperity.  This winter, Europeans will find themselves right in the middle of an economic collapse.  It is often said that energy is the economy, and…

Is The 1008 Point Stock Market Crash A Sign That Another 2008 Is Coming?

In 2008, we experienced a nightmarish financial crisis that was felt in every corner of the globe.  Is such an event about to happen again?  On Friday, the Dow Jones Industrial Average plunged 1,008 points as panic swept…

Are We On Some Sort Of A Cycle? Exactly 14 Years Later, Another Housing Crash Has Arrived

Do you remember what happened precisely 14 years ago?  In 2008, the housing market collapsed and the subprime mortgage meltdown made national headlines day after day as unprecedented panic swept through Wall Street.  To many of those that…

50% Of US Companies Plan To Eliminate Jobs Within The Next 12 Months

If half of the firms in the entire country really do cut jobs over the next year, what will our economy look like afterwards?  All over America, companies are anticipating that a major economic downturn is coming in…

A Major Food Crisis Coming In 2023? – “Prices Will Be On Steroids After The Election”

We are being warned that food prices in the U.S. are going to go absolutely haywire after the election in November.  I am taking such warnings very seriously, and I believe that you should too.  Global officials have…

Economic Witch Doctors

“Most economists are political apologists masquerading as economists,” wrote investor and author Doug Casey in an online article entitled “How Economic Witch Doctors Convince Everyone They’re Really Neurosurgeons.”  They “tailor theories to help politicians demonstrate the [alleged] virtue…

Property Bailouts in China Are Coming, But They Will Fail, What About the US?

Shifting debt doesn’t solve problems says Michael Pettis. Someone has to take the loss. 34 COMMENTS Image from Tweet below. With a major property bust underway, China will not be a global leader in growth. Bailouts will not…

Will Catastrophic Crop Losses In 2022 Lead To Unprecedented Shortages In 2023?

Crops are failing all over the globe this summer, but most people don’t even know that this is happening because the big television news channels aren’t talking much about it.  Instead, they remain intensely focused on politics day…

A “Housing Recession” Is Here, & It Isn’t Going To Be Fun…

Our concerns about the housing market have been confirmed.  This week, the corporate news is full of headlines about the new “housing recession” that has officially arrived, but this shouldn’t surprise any of us.  We were warned over…

“Cash Free” Central Bank Digital Currency Roll Out Coming In December?

The endgame is to total control of the slaves with a cash-free system. Those at the top will fully control a central bank digital currency or CBDC, and once they roll it out, it’s game over for the…

People Are Going To Go Absolutely Insane When Food Prices Double Or Triple From Current Levels

If you think that people are getting pretty crazy now, just wait until the cost of food skyrockets to levels that hardly anyone ever anticipated.  Most people don’t realize this, but to a very large degree we are…

Price Of Eggs Up 47% As Food Costs In US Spiral Out Of Control

Now they are trying to convince us that dramatically higher prices are good news.  Are you kidding me?  Our standard of living is being systematically destroyed, and more Americans are falling out of the middle class with each…

Survey: This Is The Most Pessimistic Americans Have Been About Economy Since 2008

Americans haven’t been this negative about the future of the U.S. economy since the financial crisis of 2008.  Of course it isn’t exactly difficult to figure out why this has happened.  A new recession has begun, inflation is wildly…