Economy

Strikes & Sanctions On Russian Refineries Drive Up Gasoline & Diesel Prices

The ongoing strikes on Russian oil refineries are driving up the cost of gasoline and diesel worldwide. The prices are really noticeable in the United States, Europe, and Asia. Ukraine has targeted oil depots, processing plants, and metering…

Foreclosures & Evictions Are Increasing Every Single Month

How do people become homeless? It’s a question that a lot more people are asking this year. The number of foreclosures in America has climbed for eight months straight as of October, and evictions also appear to be on…

People Are Lining Up At Food Banks As Early As 2:30 In The Morning As The Food Stamp Crisis Forces Millions Of Americans To “Starve”

We are less than two weeks into the month of November, and the mainstream media is telling us that millions of Americans are “starving”.  If our society is this vulnerable to a temporary disruption in food stamp benefits,…

The Terrible Truth About The U.S. Economy Can No Longer Be Denied

For a long time, a lot of people wanted to deny what was happening to us. But now we have reached a point when you can no longer do that and retain your credibility. Job openings have been…

Something Just Broke – It Appears That A Liquidity Crisis Is Upon Us, And That Is Really Bad News For The Financial Markets

What is the Fed not telling us?  The numbers clearly indicate that big trouble is brewing in the banking system.  I wish that I could specifically tell you which banks are in the most trouble, but at this…

Oh SNAP: Judges Order Trump Admin To Use Emergency Funds For Food Assistance

And if this doesn’t work, perhaps the tyrannical central government will just show its true colors and confiscate your food to give to someone else.  After all, presidents have put it in writing, although it be completely unlawful. …

“The Well Has Run Dry”: Are The People That Are Having Epic EBT Meltdowns Serious About What They Plan To Do Next?

People all over social media are publicly threatening to steal food once their EBT benefits run out. Some of them are taking it one step further by threatening to get violent with anyone who tries to prevent them…

68 Percent Of Americans Consider The Condition Of The Economy To Be “Poor” As Millions Of U.S. Consumers Reach Their Breaking Points

Millions of Americans are discovering that at some point, the money runs out and the party is over. Vehicles are being repossessed at the fastest pace since the global financial crisis, foreclosure filings are up 18 percent compared…

“We Want Our Entitlements”: In November, Food Stamp Money Will Run Out For 42 Million Very Angry Americans

What do you think is going to happen when tens of millions of impoverished Americans suddenly stop getting their food stamp money from the government? It doesn’t take a genius to figure out that a lot of them…

Historic Financial Carnage: More Than A Trillion Dollars In Market Value Was Just Wiped Out In A 24 Hour Period

Was this just an isolated incident, or is this the beginning of the Big Crash?  The carnage that we witnessed on Friday was absolutely breathtaking.  The largest single day wipeout in the history of the cryptocurrency industry was…

Gold Revaluation Imminent? US Treasury Hoard Tops $1 Trillion For First Time

We don’t know just yet what is going on with gold, but there seems to be quite a bit of gold coming into the US.  In fact, it’s now being reported that the US Treasury has topped $1…

10 Ways Gov’t-Compliant Stablecoins Are Functionally No Different Than CBDCs

Some celebrate Washington’s embrace of stablecoins. In practice, it builds a switch to seize, block, and track. This is CBDC behavior with corporate branding. There’s a better path. Some folks in the libertarian crowd are seeing the GENIUS…

Mass Carnage: The Tech Industry Has Laid Off More Than 166,000 Workers So Far In 2025

“Efficiency” has become one of the hottest trends in the tech industry, and that is really bad news for American workers, because one of the best ways to become “more efficient” is to get rid of low-performing employees.…

Fake Numbers From Fake Bureaucrats Caused People To Believe In Fake Economic Prosperity That Never Existed

How do 911,000 jobs suddenly disappear into thin air?  Can someone explain that to me?  Throughout 2024, I wrote extensively about how all of the reliable numbers showed that economic conditions in the United States were deteriorating.  But…

We Just Got 6 More Confirmations That The U.S. Economy Is Moving In The Wrong Direction

Nobody can deny that the U.S. economy deteriorated dramatically during the four years that Joe Biden was in the White House.  In fact, it was probably the biggest reason why the Democrats lost control of the White House.…

Large Companies In The US Are Going Bankrupt At The Fastest Pace That We Have Seen Since The Global Financial Crisis

Is the fact that large companies are filing for bankruptcy at the fastest pace in 15 years a good sign for the economy or a bad sign for the economy? I don’t even have to answer that question…

US Debt Now Grows By $1 Trillion Every 150 Days

US national debt just topped $37 trillion and is growing fast.   Another Debt Milestone The Peter G. Peterson foundation reports The United States is Adding to the National Debt Faster Than Ever In the 2020s, the U.S. has…