Economy

Can You Guess What Percentage Of Americans Are Having Trouble Paying Their Grocery Bills?

For the first time in decades, the cost of food has become a major issue in America.  If rapidly rising…

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Warning: Global Economy Is Having “One Of Its Worst Years In Three Decades”

Will 2022 go down in history as one of the most important economic turning points that we have ever seen? …

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Could 65 Trillion Dollars In “Hidden” Derivatives Cause The Entire Global Financial System To Crash?

If you thought that the collapse of FTX was something, just wait until the entire global financial system comes crashing…

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Gloomy December: Manufacturing Orders From China Down 40 Percent As Companies Brace For Brutal Holiday Season

We continue to get more evidence that the U.S. economy is really slowing down.  As you will see below, the…

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Black Friday Was Dark Indeed for Retailers

Usually, after the biggest shopping day of the year, I scour the internet for a montage of shocking videos for…

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The Numbers Are Screaming That A Giant Tsunami Of US Layoffs Has Now Begun

We knew that economic conditions were deteriorating, but this is getting ridiculous.  According to Challenger, Gray & Christmas, the number…

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The US Economy Just Took A Very Dark Turn

The road ahead certainly does not look promising.  For much of 2022, there has been a lot of debate about…

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It Is Beginning: 41 Percent Of All Small Business Owners Could Not Pay Rent In November

Many experts are now warning that we could see the housing market and the commercial real estate market simultaneously crash…

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Trillions Upon Trillions Of Dollars Of Wealth Is Being Wiped Out As The “Everything Collapse” Accelerates

Have you checked on the health of your investments lately?  If not, you may be surprised to find out where…

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The Outlook For After Thanksgiving Is Not Promising At All

I know that things aren’t great right now, but please try to enjoy the next few days, because it appears…

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3 Major Factors Will Make 2023 Historically Painful For Housing Market

I am extremely concerned by what I am seeing in the housing market.  When the Federal Reserve decided that it…

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We Are Being Warned That Meat Prices Could Go Up Another 40 Or 50 Percent

If you have been to the grocery store lately, you have probably noticed that meat prices have gone up dramatically. …

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The End Of The Retail Industry As We Know It Today

Will this be the last “somewhat normal” holiday season for U.S. retailers?  Normally, the holiday season is the most profitable…

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Here Comes Your Cashless Society: New York Fed & 12 Banking Giants Launch Digital Dollar Test

Well, if anyone thinks the economy crashing is only Joe Biden’s fault, then you actually need to understand how economics…

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US Consumers Are Doing EXACTLY What They Did Just Prior To The Crash Of 2008

We never seem to learn from our mistakes.  Just before the financial markets crashed and the economy plunged into a…

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IMF: Persistent Inflation Will Slow Economic Growth

The International Monetary Fund has issued a rather gloomy outlook for the larger global economy. Persistent inflation is going to…

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