The Economic Collapse

While everyone has been preoccupied with the war in the Middle East and the anti-ICE protests going on around the nation, economic conditions in the U.S. have continued to deteriorate.  The housing market is in abysmal shape, consumer spending is down and layoffs are way up.   Meanwhile, fear of our seemingly endless cost of living crisis is preventing the Federal Reserve from cutting interest rates, and we shouldn’t expect any additional “economic stimulus” from our politicians in Washington any time soon because the federal government is already facing an unprecedented debt crisis.  In other words, our economy is a giant mess and the cavalry isn’t going to come riding along to save us. (Read More...)

Nobody seems to know what happened to Iran’s enormous stockpile of enriched uranium.  Until we learn the fate of that uranium, I think that it is premature for anyone to be declaring victory.  Of course now that the ceasefire appears to be holding, everyone is declaring victory.  Israel is declaring victory, Iran is declaring victory, and President Trump is declaring victory.  But what is the truth? (Read More...)

Can anyone explain to me what just happened?  The last 24 hours have been beyond weird.  Just hours ago, everyone was freaking out because Iran had just fired a bunch of missiles at a major U.S. military base in Qatar.  But then we found out that most of the missiles were intercepted, not a single person was hurt, and very little damage was done.  On top of everything else, President Trump announced that the Iranians had informed the U.S. that the missiles were coming in advance… (Read More...)

Our way of life depends on cheap energy.  If you remove cheap energy from the equation, our society will be thrown into a state of chaos.  The Iranians know that closing the Strait of Hormuz is one of the most powerful forms of leverage that they possess, because the world is deeply dependent on the oil that travels through that waterway.  We don’t know exactly how this crisis will play out, because the Strait of Hormuz has never been closed in modern times.  But as I pointed out earlier this month, we were warned that Israel would attack Iran, the global price of oil would rise, and the increase in the price of oil would be blamed on Israel.  And that is precisely what has happened.  Israel has attacked Iran, the global price of oil has been increasing, and many are blaming Israel for what has transpired.  Unfortunately, the truth is that this crisis is just getting started. (Read More...)

War with Iran is the biggest news story of 2025 so far, and it is also one of the biggest events of this entire period in human history.  Decisions that global leaders will be making in the weeks and months to come will have very serious implications for all of us.  Right now, we are waiting to see if President Trump will give the green light for U.S. air strikes in Iran.  Earlier today, we were informed that Trump will make this decision “within the next two weeks”… (Read More...)

Events are moving so rapidly in the Middle East now that it is almost impossible to keep up with it all.  We are literally watching history in the making, and our world is going to be a much different place once this is all over.  There are some allies of President Trump that are absolutely thrilled with what is happening, and there are other allies of President Trump that are absolutely horrified.  But nobody should be surprised by what is happening, because we knew that this was coming.  We have been on the verge of a final showdown with Iran for years, and now that final showdown has officially arrived. (Read More...)