After Tuesday night, nobody should have any more doubt that the U.S. economy has been in the process of collapsing.  Donald Trump’s speech to a joint session of Congress is being hailed as his best speech ever.  Even…

On the heels of President Trump’s historic speech before the Joint Session of Congress. The Dow soared 303 points to close above 21,000 for the first time ever on Wednesday. The milestone comes barely a month after the…

For more than 100 years global debt levels have been rising, and now we are potentially facing the greatest debt crisis in all of human history.  Never before have we seen such a level of debt saturation all…

J.C. Penney and Family Christian Stores are the latest retail giants to announce widespread store closings. As you will see below, J.C. Penney plans to close between 130 and 140 stores, and Family Christian is closing all of…

Though many financial pundits make the argument that the U.S. economy is booming as a result of millions of new jobs, a healthy housing market and record stock market levels, former Reagan budget director David Stockman  says that…

The Dow Jones continues to hit record highs, and yesterday it reached a milestone not seen since January of 1987. Back then, the band Starship was at the top of the charts with their hit song Nothing’s Gonna…

Current stock market valuations are not sustainable.  If there is one thing that I want you to remember from this article, it is that cold, hard fact.  In 1929, 2000 and 2008, stock prices soared to absolutely absurd…

In his remarkable essay, “Gold and Economic Freedom,” written in 1966, Alan Greenspan stated: Under a gold standard, the amount of credit that an economy can support is determined by the economy’s tangible assets, since every credit instrument…

No matter what your particular political perspective is, if there is one thing that virtually everyone in the United States can agree upon it is the fact that America’s infrastructure is crumbling.  Previous generations of Americans conquered an…

When the cost of living rises faster than paychecks do year after year, eventually that becomes a very big problem.  For quite some time I have been writing about the shrinking middle class, and one of the biggest…

Anyone who feels like the American Dream is dead can now cite solid evidence of its abrupt end. It seems that eight years of life under Comrade Obama was not only difficult economically, but was fiscally difficult for…

A new recession is coming, and Donald Trump needs it to begin sooner rather than later.  As I explained last week, most American voters tend to care about their pocketbooks more than anything else.  If the next recession…

Is the U.S. economy about to get slammed by a major recession?  According to Gallup, U.S. economic confidence has soared to the highest level ever recorded, but meanwhile, a whole host of key economic indicators are absolutely screaming…

When debt grows much faster than GDP for an extended period of time, it is inevitable that a good portion of that debt will start to go bad at some point.  We witnessed a perfect example of this…

The Dow Jones Industrial Average provides us with some pretty strong evidence that our “stock market boom” has been fueled by debt.  On Wednesday, the Dow crossed the 20,000 mark for the first time ever, and this comes…

Economist Marc Faber, who is known in many circles as Doctor Doom for his oft gloomy forecasts, says that stock markets are overvalued, but stops short of saying that a crash is imminent. Though valuations are high and…

Could there be a crash coming in 2017? Will increasing interest rates at the Federal Reserve trigger the beginning of the end? It is possible, but not certain. It will fall, perhaps, after a new sense of normal…