The Economic Collapse

Approximately 1 out of every 8 U.S. residents in on food stamps. So how do you think they are going to react when their EBT cards suddenly don’t work anymore? The government shutdown has already been going on for 25 days, and there is no end in sight. The Democrats have absolutely no intention of giving President Trump what he wants, and President Trump has absolutely no intention of giving the Democrats what they want. We are potentially facing the longest government shutdown in U.S. history, and the first day of next month is when things are going to get very real for tens of millions of Americans. (Read More...)

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 to last year, and student loan delinquencies have soared into unprecedented territory. Nobody can deny that economic conditions are deteriorating rapidly, and this has pushed vast numbers of U.S. consumers past their breaking points. So what is going to happen if economic conditions continue to deteriorate rapidly in the months ahead? (Read More...)

There has been a lot of talk about “peace” this year, but meanwhile global leaders just continue to push us toward more war. Negotiations between the U.S. and Russia have broken down, President Trump just threatened Hamas with military action again, Venezuela is bracing for a potential invasion by the U.S. military, the president of Colombia wants to “take out Trump”, and the Iranians have announced that there will be no restrictions as they rebuild their nuclear program. 2025 has certainly been a year of war, but I have a feeling that global conflict is going to escalate to an entirely new level during the months ahead. (Read More...)

Our kids are being targeted by AI chatbots on a massive scale, and most parents have no idea that this is happening. When you are young and impressionable, having someone tell you exactly what you want to hear can be highly appealing. AI chatbots have become extremely sophisticated, and millions of America’s teens are developing very deep relationships with them. Is this just harmless fun, or is it extremely dangerous? (Read More...)

It feels like someone has pulled a plug, because the U.S. economy is suddenly caught in an extremely alarming downward spiral.  As I discussed at the end of last week, investors are flocking to gold and silver because they can see that a storm is coming.  We have reached a point where most of the country is experiencing significant economic pain, and as a result people are starting to get really careful with how they spend their money.  The cost of living crisis has caused most of us to tighten our belts, defaults are absolutely soaring, and food bank lines are getting even longer.  If conditions continue to deteriorate like this, what will 2026 look like? (Read More...)

Consequences often do not show up for an extended period of time, but when they finally arrive they can be exceedingly painful.  For decades, our leaders have been making incredibly foolish decisions, and for decades people like me have been ranting about it.  But most people thought that everything must be okay because the consequences of those incredibly foolish decisions did not hit us right away.  Sadly, a time of reckoning is now upon us, and that is the primary reason why gold and silver are skyrocketing.  The price of gold has hit $4,300 for the first time ever, and the price of silver has hit $53 for the first time ever.  It is exciting to see gold and silver prices rapidly increase, but it is imperative to understand that what we are witnessing is a flight to safety.  At this moment we are facing a government shutdown, an unprecedented global trade war, a liquidity crisis, a cryptocurrency catastrophe, a housing market implosion, a cost of living nightmare and mass layoffs all over the nation.  Economic time bombs are starting to explode all around us, and the outlook for the months ahead is not promising at all. (Read More...)

When hundreds of America’s admirals and generals gathered at a military base in Virginia on September 30th, Secretary of Defense Pete Hegseth instructed them to “prepare for war”.  Unfortunately, he was not exaggerating.  We are on the brink of war with Venezuela, President Trump is threatening to take military action if Hamas does not disarm, our relations with China are rapidly deteriorating, and if we give Tomahawk cruise missiles to Ukraine that will put us just one step away from a nuclear war with Russia.  I am entirely convinced that the months ahead will be extremely dramatic.  Let us hope that global leaders make wise decisions during this time, because a single miscalculation could lead to the unthinkable. (Read More...)

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 will be extremely angry. Unfortunately, if the current government shutdown stretches into the month of November, we really will be facing a nightmare scenario. Vast numbers of extraordinarily frustrated people will be demanding their money, and if they don’t get it I have a feeling that we could see rioting and violence. (Read More...)