Search Result for “economic crash”
5 Signs The Housing Crash Is Escalating Faster Than Experts Anticipated
The U.S. housing market is absolutely imploding, but nobody should be surprised. In fact, we were warned way ahead of time that this would happen. When the Federal Reserve told us that they would be aggressively raising interest rates, we all knew what this would do to the housing bubble. …
Almost All Corporate Executives Believe That Economic Conditions Are About To Get Significantly Worse
Are the months ahead going to be very painful for our economy? This is something that I have been arguing for a long time, and apparently the vast majority of corporate CEOs now agree with me. Of course economic conditions are not exactly good at this moment. Core U.S. inflation …
46 Trillion Dollars In Financial Wealth Lost During Great Global Market Crash Of 2022
In less than one year, 46 trillion dollars in financial wealth has been wiped out. If that isn’t a “crash”, how would you define one? Since last November, stocks and bonds have been plunging all over the globe. When there is a good day like we saw on Monday, sometimes …
We Just Witnessed Something That Hasn’t Happened Since 2008, & It Is Causing The Housing Market To Crash
This didn’t have to happen. The reckless behavior of the Federal Reserve and our politicians in Washington created a horrifying inflation spiral, and now the Fed is feverishly raising interest rates in a desperate attempt to get inflation back under control. But everyone knows that rapidly raising rates is going …
The Economic Horrors Of 2008 Are Upon Us Again & Worse In The Next Economic Crisis
If you knew for certain that we were about to plunge into another massive economic downturn like we experienced during the “Great Recession”, how would you respond? The events of the second half of 2008 took almost everyone by surprise, and the vast majority of the population was completely unprepared …
Is The 1008 Point Stock Market Crash A Sign That Another 2008 Is Coming?
In 2008, we experienced a nightmarish financial crisis that was felt in every corner of the globe. Is such an event about to happen again? On Friday, the Dow Jones Industrial Average plunged 1,008 points as panic swept through Wall Street in the aftermath of Jerome Powell’s dramatic speech in …
Are We On Some Sort Of A Cycle? Exactly 14 Years Later, Another Housing Crash Has Arrived
Do you remember what happened precisely 14 years ago? In 2008, the housing market collapsed and the subprime mortgage meltdown made national headlines day after day as unprecedented panic swept through Wall Street. To many of those that were working in the financial industry at that time, it seemed like …
Economic Witch Doctors
“Most economists are political apologists masquerading as economists,” wrote investor and author Doug Casey in an online article entitled “How Economic Witch Doctors Convince Everyone They’re Really Neurosurgeons.” They “tailor theories to help politicians demonstrate the [alleged] virtue and necessity of their quest for more power” — so much so …
Severe Economic Desperation Rises Rapidly All Over US – Nearly Half The Country Cuts Back Spending On Food
It is starting to look a lot like 2008. Extremely long lines are forming at food banks all over the country, job losses and layoffs are starting to spike, countless small businesses are right on the brink of going under, a housing crash that could be even worse than what we witnessed in 2008 has …
14 Signs US Economy Poised To Crash Really Hard During Second Half Of 2022
It looks like we are going to get official confirmation that a recession has already begun when the GDP number for the second quarter comes out later this week. But that isn’t what we should be focusing on. Yes, things weren’t great during the first half of 2022, but they …