Economy

November Inflation Up 7.1% Over Last Year

Inflation is beginning to hit everyone hard. The Consumer Price Index (CPI) for November showed a 7.1% increase in prices over last…

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US Vegetable Prices Increased By A Whopping 38 Percent In November – But They Say Inflation Is “Under Control”

The mainstream media is trying really hard to convince all of us that inflation will soon no longer be a…

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Wall Street Bank Warns: Millions Of Americans Will Lose Jobs In 2023

Is your job secure?  Over the past couple of years, American workers generally didn’t need to be concerned about job…

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The Mother of all Economic Crises

Nouriel Roubini, a former advisor to the International Monetary Fund and member of President Clinton’s Council of Economic Advisors, was…

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We Are About To Witness A MAJOR Move Toward A Cashless Society

The war on cash has just gone to an entirely new level.  When I heard that the European Union was…

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Hundreds Of Thousands Of US Homeowners Now Underwater On Mortgages As Housing Crash Accelerates

Here we go again.  When the housing market crashed in 2008 and 2009, large numbers of U.S. homeowners ended up…

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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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