When we were young, most of us believed that we would achieve “the American Dream” someday.  Today, two-thirds of us believe that the American Dream is unattainable.  That is a searing indictment of a system that is coming…

Have you noticed an unusual number of vehicles in the parking lots of major retailers in your area at night?  If you look closely enough, you will see that many of those vehicles actually have people sleeping in them. …

Every month, it is almost always the same story.  The government releases a number that indicates that the U.S. economy has been creating plenty of “jobs”, and then later on that number is dramatically revised lower.  But by…

Our entire economy is fueled by debt.  In fact, if going into more debt was suddenly banned the U.S. economy would instantly hit a brick wall.  For the vast majority of us, our lifestyles simply cannot be funded…

She should have just kept her mouth shut about the economy.  I know that sounds harsh, but it is true.  The best chance that Kamala Harris had of winning was to stand for nothing.  I am being completely…

I am excited to announce our next major project here at the Mises Institute, the Lessons for the Young Economist video series. This will be designed for homeschoolers and young people. It will be something they will actually want to…

The wealthy are doing just fine at the moment, but they don’t seem to understand that much of the country is deeply hurting right now.  59 percent of Americans believe that the U.S. economy is currently experiencing a recession, and…

Businesses are declaring bankruptcy at a much faster rate than they did last year.  Thousands upon thousands of once thriving businesses are failing, but this just must be another sign that the economy is “fine”.  No matter how…

Why are retailers closing thousands of stores if the U.S. economy is in good shape?  Of course, the truth is that the U.S. economy is not in good shape at all.  The cost of living crisis is absolutely…

Some folks are calling August 5, 2024 “Black Monday 2.0.” It could be remembered as the day when the global market crash began in earnest. The following should not be considered financial advice. If you are looking for…

If you are surprised by what is happening in the financial world right now, you probably haven’t been paying much attention.  Stock prices were obscenely high and many investors were massively overleveraged.  The Dow Jones Industrial Average plummeted…

For a long time, there was a lot of denial about the direction that the U.S. economy was heading.  The Biden administration and the mainstream media just kept insisting that everything was just fine even though everyone could…

Last week the national debt reached 35 trillion dollars, a mere seven months after the debt reached 34 trillion dollars. To put this in perspective, the national debt first reached one trillion dollars in October of 1981, almost…

Bitcoin has been claimed as the answer to a paper fiat money system.  It’s touted as keeping you anonymous, as well as all your transactions, but now, it’s being set up to become more mainstream, and most paying…

The Amazon empire is trying to do away with cash and usher in a totalitarian control system that can be the digital prison for all humans. By launching Amazon One, the new “identity service” that allows Amazon customers to pay…

And as long as the Federal Reserve remains intact, it will continue to grow and our money is soon to be absolutely worthless, which it already is by being debt money.  Nevertheless, and it doesn’t matter if Democrats…

It looks like investors are starting to figure it out.  Bad economic numbers continue to come pouring in, but so far the Federal Reserve has refused to pull the trigger on a rate cut.  We have seen this story…