Posts In Category

Economy

Many of the imbalances that are contributing to the nightmarish shortages that we are currently witnessing are not going to be solved any time soon.  Ever since I started The Economic Collapse Blog, I have been warning that outsourcing the production of just about everything and running massive trade deficits year …

This is just another step towards the Great Reset. Russia has decided to dump all of its dollars and dollar-denominated assets following the US accusing Russian actors of a series of cyberattacks. Criminal and Corrupt: “Biden” Took Funds From Top Russia Lobbyist Before Nord Stream 2 Pipeline Giveaway US & …

People used to call those who could see the writing on the wall “crazy conspiracy theorists.” Now, major mainstream media outlets are reporting that the United States dollar could crash by the end of 2021. Honestly, I am surprised the dollar hasn’t crashed already.  It’s almost worthless in the sense …

Clearly, when a government unconstitutionally spends money and attempts to make up for its tyranny of lockdowns by paying the people via printing money and increasing debt, inflation is not far behind. In fact, we have moved from simple inflation to hyper-inflation and the signs are all around us. “The …

This time last year, the price of lumber was $300 per thousand board feet. In only a year, the price has shot up over 400% to $1,686 for the same amount. According to the National Association of Home Builders, the surge in lumber prices has added nearly $39,000 to the price …

Editor’s Note:  ONLY Congress can impose tariffs per the Constitution (Article I, Section 10, Clause 2). The United States government is looking at increasing the theft and costs of lumber to the public as prices are skyrocketing. In fact, the “authorities” want to double the tariffs on lumber coming from …

Signs of impending economic doom continue to grow all around us.  For years, highly respected experts have been warning about the steady destruction of our standard of living and the death of the U.S. dollar.  Perhaps you didn’t listen to those voices at first, and that is understandable.  Most Americans …

Is the party almost over?  Volatility has returned to Wall Street in a major way, and certain investors are getting absolutely crushed.  On Wednesday, a trillion dollars in paper wealth had been wiped out during the trading session at one point, but those losses were later pared back as cryptocurrencies rallied.  On …

They keep telling us that economic conditions are improving, but if that is true why are the shortages worse than ever?  For a moment, I would like to take you all the way back to 2019.  Before the pandemic came along, we didn’t have any shortages.  If you wanted something, …

Of all the shortages that we are currently facing, the global computer chip shortage may be the most serious.  That is because the chip shortage is expected to last “a few years”, and just about every sector of the world economy will be dramatically affected by this.  When people think …