There is one way to prepare for a recession and it’s to end dependence on debt and save some money for an emergency. Without the shackles of credit card debt, student loan debt, and car payments, Americans could not only save more, but their money would go much further as no one has already claimed it in the form of debt repayment.

Despite an abundance of evidence to the contrary, most people believe that the system is stable and that our political leaders can easily fix any problems that may arise.

2019 is off to quite a rough start, and things are likely to get a whole lot rougher.

The United States has so far lost big in the core driver of the trade war (the trade deficit) that was a top complaint of Trump’s and the U.S. may have already lost this trade war.

The health care industry is certainly not going to reform itself, and the gridlock in Washington is going to make a political solution impossible for the foreseeable future.

Goodbye, Obama economy. Hello, American economy.

The inevitable consequences for decades of exceedingly foolish decisions are starting to roll in, and the bursting of “The Bubble To End All Bubbles” is going to be beyond excruciating.

Monday was the worst Christmas Eve stock trading day in the history of the stock market. Now investors are bracing themselves for what could be a market crash just before the New Year.

The Bubble of All Bubbles is starting to burst, and unless we see dramatic central bank intervention soon it is likely that an unprecedented financial nightmare is ahead.

Just when you thought that things couldn’t get any worse, they did.