The Economic Collapse
Morgan Stanley’s Business Conditions Index Just Suffered The Biggest One Month Decline In History
Fri, 14 Jun 2019 04:28:34 +0000

We continue to get more indications that U.S. economic conditions are going to deteriorate rapidly during the second half of this year.  Yesterday, I reported on a brand new survey which found that 69 percent of U.S. CFOs believe that a recession is coming “by the end of 2020”, and today we learned that Morgan ... Read more

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‘Deaths Of Despair’ In The U.S. Hit Record High – So How Bad Will Things Get When Society Starts To Completely Collapse?
Thu, 13 Jun 2019 01:15:02 +0000

According to a shocking new report from the Commonwealth Fund, the suicide rate in the United States is the highest that it has ever been before.  Sadly, the same thing can be said about the death rates from drug overdoses and alcohol.  All three death rates are at an all-time record high, and yet our ... Read more

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Unprecedented U.S. Weather Chaos Continues: 120F In The West, More Record-Setting Flooding In The East
Wed, 12 Jun 2019 03:18:47 +0000

Global weather patterns are dramatically shifting, and week after week we keep seeing things happen that we have never seen before.  As far as our weather is concerned, this is definitely the strangest year in modern American history, and many believe that what we have witnessed so far is just the beginning.  Up until just ... Read more

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700 Quakes Hit A Key California Seismic Zone, And Tar Is Literally Bubbling Up Through The Streets Of Los Angeles
Tue, 11 Jun 2019 05:12:41 +0000

Scientists are quite “concerned” about the huge earthquake swarm that has been shaking southern California in recent weeks, and right at this moment bubbling tar is literally coming up through the streets in one section of Los Angeles.  None of this means that a major seismic event is imminent, but it is certainly not a ... Read more

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“The Skid Is Everywhere”, And We Just Received More Confirmation That The Worst Is Yet To Come
Fri, 07 Jun 2019 23:38:58 +0000

All over America, large portions of our major cities are being transformed into stomach-churning cesspools of squalor.  Thousands of tens cities are popping up from coast to coast as the homeless population explodes, even the New York Times admits that we are facing “the worst drug crisis in American history”, there were more than 28,000 ... Read more

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Trump Just Poked The Dragon In The Eye, And U.S.-China Relations Just Took An Ominous Turn For The Worse
Fri, 07 Jun 2019 04:29:48 +0000

After what President Trump just did, the odds of the U.S. and China being able to reach a trade agreement this year officially just went from slim to none.  For China, there is no issue more sensitive than the status of Taiwan.  For the Chinese, it is unthinkable for anyone to even suggest that Taiwan ... Read more

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This Wasn’t Supposed To Happen: U.S. Employment Growth Just Plunged To The Lowest Level In 9 Years
Thu, 06 Jun 2019 03:07:05 +0000

If the U.S. economy was heading into a recession, we would expect to see a slowdown in the employment numbers, and that is precisely what is happening.  According to payroll processing firm ADP, the U.S. economy only added 27,000 new jobs in May, and that is way below the number that is needed just to ... Read more

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Goodbye Middle Class: The Percentage Of Wealth Owned By The Top 10% Just Got Even BIGGER
Wed, 05 Jun 2019 05:08:26 +0000

The middle class in America is being systematically eviscerated, and it is getting worse with each passing year.  As you will see below, one new study has found that 10 percent of Americans now own 70 percent of all the wealth.  Once upon a time, the United States had the largest and most vibrant middle ... Read more

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Economic Chaos Erupts! – Global Manufacturing Plunges, The Trade War Expands And The Nasdaq Enters Correction Territory
Tue, 04 Jun 2019 03:14:53 +0000

The global economic slowdown is really starting to accelerate.  Just within the past few days, we have gotten more really awful global manufacturing numbers, the trade war has expanded to more nations, and the Nasdaq has officially entered correction territory.  We have not witnessed this sort of global economic environment since the Great Recession, and ... Read more

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All Of The Economic Momentum Is Moving In Just One Direction Now
Wed, 29 May 2019 01:53:03 +0000

Earlier today, I was greeted by this jarring headline when I visited the Drudge Report: “BONDS FLASH RECESSION WARNING”.  These days, it seems like the “R word” is being thrown around constantly, but at this time last year everyone was celebrating how well the economy was doing.  Unfortunately, we have witnessed a dramatic shift in ... Read more

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