Economy

Bureaucracy Is One Of The Central Pillars Of Our Economy, & It Is Starting To Crumble (Jobless Claims In D.C. Up 36% In 1 Week!)

One of the central pillars of the U.S. economy is melting down right in front of our eyes.  We spend gigantic mountains of borrowed money to maintain the largest and most bloated bureaucracy in the entire history of…

11 Signs That A Recession In The U.S. May Have Already Started

The Biden administration has given us an economy in which homelessness is at an all-time high, demand at food banks is at an all-time high, and poverty is growing all around us.  The rising cost of living is…

Beijing Hits The U.S. With Tariffs

China has chosen to strike back and hit the United States with tariffs in response to the Trump administration’s 10% tax on Chinese goods. Beijing retaliated with duties, export controls, and an investigation into U.S. big tech. Bloomberg…

Canada & Mexico Choose Economic Survival Rather Than Economic Collapse

It is so important to know when you are holding a losing hand.  Canadian Prime Minister Justin Trudeau initially insisted that he would never back down, but Donald Trump had most of the leverage in this situation.  Canada’s…

11 Reasons Why The Federal Reserve Is Bad

Most Americans realize that the federal government is drowning in debt and that inflation is out of control.  But very few Americans can coherently explain where money comes from or how our financial system actually works.  For decades, bankers…

Insurance Industry Will Be Absolutely Devastated By LA Fires

Will the insurance industry be able to survive tens of billions of dollars in losses from the Los Angeles fires?  There have been catastrophic fires in California before, but never anything quite like this.  So what is going to…

Expert: New Lawless Biden Water Heater BAN Will Drive Up Energy Prices for The Poor, Seniors

A demented crackpot is waging war against the American people in his final days. Related: Biden Permanently Bans New Oil and Gas Drilling Along Most U.S. Coasts, 625 Million Acres In a significant regulatory shift that took place quietly the day after Christmas, the…

Unless Something Changes, 4 Years From Now We Will Be 51 Trillion Dollars In Debt

The U.S. government is currently constructing the most colossal monument in the history of the world.  It is a monument of debt, and we will forever be remembered as the nation that piled up far more debt than…

Economic Red Alert! Credit Card Defaults Jump To The Highest Level In 14 Years

It is starting to look a lot like the last financial crisis.  Americans are defaulting on their credit cards at a rate that we haven’t seen in more than a decade, and this could have very serious implications…

Worst Homelessness Crisis Ever! Those On The Low End Of The Economic Spectrum Are Being Absolutely Pulverized By This Economy

All over America, our core urban areas are teeming with tent cities, hordes of homeless drug addicts, and vast throngs of newly arrived migrants that don’t have anywhere to go.  When I wrote about this topic one year…

11 Signs That The Slow-Motion Collapse Of The U.S. Economy Is Far More Advanced Than Most People Think

The fact that economic conditions are getting worse is certainly not good news, but it is better to know in advance what is coming.  After four years under Joe Biden, the U.S. economy is a giant mess.  We…

Are People Adequately Prepared For An Upcoming Collapse?

There are signs of an impending economic collapse and yet the government continues to paint a rosy picture of prosperity while pushing inflation to limits. The economy is in far worse shape than most official reports would have the…

Demand At Food Banks Has Soared To Record Levels All Over The United States

Why is demand at food banks all over the country higher than it has ever been before?  The media keeps insisting that economic conditions are just fine, but it has become quite obvious to everyone that this is not true.…

Look At These Egg Prices! 37% Of Americans Struggle To Pay Their Most Basic Bills As Food Prices Accelerate Again

When one of my readers sent me a photo of egg prices at a store in western Washington state, I could hardly believe what I was seeing.  I clearly remember when I could purchase a carton of quality…

Peak Financial Insanity: Fartcoin Is Now Worth More Than Office Depot

A cryptocurrency known as “Fartcoin”, which was created as a joke, is now worth more than 800 million dollars.  How in the world is that possible?  While the real economy is deeply struggling, a wave of euphoria is…

Global Food Prices Are Entering Very Dangerous Territory

What in the world is going to happen if global food supplies continue to get even tighter?  During the second half of this year, global food prices have been surging.  A “perfect storm” of factors is suppressing production…

America’s Middle Class In 2024: Aging Vehicles, $300 Carts Of Groceries, And Mountains Of Credit Card Debt

Have things been getting better for the middle class, or have things been getting worse?  Needless to say, the answer to that question is obvious.  The cost of living is absolutely crushing us, we can’t afford to replace…