Economy

Wal-Mart Executive Warns: “Higher Tariffs Will Lead To Higher Prices For Customers”

Wal-Mart gets approximately one-fourth of all the merchandise that it sells from China, and Wal-Mart’s CFO is warning that “higher tariffs will lead to higher prices for customers”. In other words, U.S. consumers will soon be feeling a…

15 Numbers Showing How Bad The Global Economy Is Performing

Global economic activity has already been slowing down dramatically, and the U.S. trade war with China is just going to make things worse.  In so many ways, what we are witnessing in 2019 is quite reminiscent of what…

Declining Birthrate In US Is A Financial Warning: Recession Coming & Social Security Insolvency

Ponzi schemes like social security will be even less solvent than ever should the birth rate in the United States continue to decline at such a rapid rate. As the population ages, there won’t be enough workers to…

Central Banks Of The World Buying Gold At Fastest Pace In Six Years

This is flashing warning signs for the future of the United States dollar.

US Treasury Department’s Office of Debt Management: We’re 5 Years From Point Of No Return

With the national debt spiraling quickly out of control, there are only a few years left before every single dollar the government borrows will go toward funding interest payments on the national debt.

Projected: US Consumers Will “Pay 40% To 85% More For Vine-Ripe & Other Fresh Tomatoes” By End Of 2019

The termination of that agreement will result in high tariffs being imposed on all tomatoes from Mexico, and researchers at Arizona State University say that we will soon be paying “40% to 85% more for vine-ripe and other…

How The Trade War Is Going To Impact You & Your Family

We should all get prepared for an extended trade war, and this trade war is going to affect you and your family in a number of different ways.

The Deadline Passes And Trump Brings Down The Tariff Hammer – China Immediately Promises To Retaliate

We need trade with China to be fair and balanced, but are we willing to go through an extraordinary amount of economic pain to get to that end result? And once relations with China break down, will they…

If The Stock Market Is Falling This Much Already, What Is Going To Happen If There Is No Trade Deal With China By Friday?

This is a make or break moment for the Trump administration, and it is a make or break moment for the entire U.S. economy.

I Dare You To Tell Me The Economy Is “Booming” After Reading This List Of 19 Facts About Our Current Economic Performance

The Federal Reserve will continue to tell us that everything is just fine for as long as they possibly can.  Unfortunately for them, they can’t hide the depressingly bad numbers that are coming in from all over the…

Credit Card Charge-Offs Hit The Highest Level In Nearly 7 Years And Credit Card Delinquencies Hit The Highest Level In Almost 8 Years

There are all sorts of indications that the U.S. economy is really starting to slow down again.  One of those indications is the fact that the level of credit card charge-offs has risen to the highest level since 2012…

5 Reasons To Be Concerned That The Federal Government Will Borrow Nearly $1 Trillion This Year

The debt-based system we live under won’t sustain itself forever. Don’t get us wrong, the sociopaths in government and at the Federal Reserve (central bankers) will prop it up for as long as possible, but it is doomed…

Nearly 102 Million Americans Do Not Have A Job Right Now – Worse Than At Any Point During The Last Recession

A number of the experts that I am hearing from expect job losses to escalate in the months ahead. Many of those that are currently living on the edge financially suddenly won’t be able to pay their mortgages…

Retail Apocalypse: Rate Of Store Closures Accelerates After Already Hitting Record Highs

The absolute fact is that e-commerce and online retail is only minimally to blame for these stores’ demise. Massive unpayable levels of debt and therefore, bankruptcy are taking a toll on these American retailers.

Do You Remember The Oil Crisis And “Stagflation” Of The 1970s? In Many Ways, 2019 Is Starting To Look A Lot Like 1973…

In many ways, 2019 is starting to look a lot like 1973. For many Americans, the 1970s represent a rather depressing chapter in U.S. history that they would just like to forget, but the truth is that if…

The Cataclysmic $243 Trillion Global Debt Bomb Will Explode Impoverishing Everyone

Expect the best, but prepare for the worst. The more options you have in your arsenal, the better.

It’s Only April, & Retailers Have Already Closed More Stores Than They Did All Of Last Year

It isn’t just the retail industry that is heading for an “apocalypse”. Our entire economy is built on a foundation of sand, and a giant storm is rapidly approaching our shores.