Vast Hordes Of Americans Are Being Forced Out Into The Streets As The Middle Class Disintegrates
By Michael Snyder How many people will be sleeping in homeless shelters, on the streets or in their vehicles where you live tonight? That is…
Economic Collapse
Cash-Strapped Consumers Resort To “Dumpster Dining” To Save On Grocery Bill
By Tyler Durden Despite the Biden administration’s cheerleading that “Bidenomics” is the economic savior of the middle class — most Americans will disagree there has…
Millions Of Americans Are Relocating Just Prior To The Great Chaos That Is Coming
By Michael Snyder Summer is moving season for millions of Americans, and many will end up relocating to an entirely different state. In the old…
Don’t Look Now, But Utter Chaos Is Being Unleashed All Over The World
By Michael Snyder The relative peace and tranquility that we had been enjoying for several months has been shattered. All of a sudden, chaos is…
Something Just Snapped: Consumers Panic Search “Pawn Shop Near Me”
By Tyler Durden Cash-strapped Americans are panic-searching “pawn shop near me.” The search trend spiked to a record high at the start of July and…
More Than 105 Million Working Age Americans Do Not Have A Job Right Now
By Michael Snyder Our long slide toward economic oblivion continues, and survey after survey has shown that most Americans are deeply unsatisfied with the current…
Consumers Trade Down From Walmart, Dollar Tree Becomes Supermarket For The Working Poor
By Tyler Durden Millions of American households have been battered by two years of negative real wage growth, which forced them to deplete personal savings…
UK Govt Bails Out Broke Homeowners, But “I Don’t Think We’re Out Of The Woods”
By Tyler Durden The UK housing market is in trouble. More explicitly, it is Britain’s mortgage borrowers that are directly impacted from higher and higher…
America Has Less Than a Decade to Turn Itself Around
By Simon Black, Sovereign Man Well, that didn’t take long. From the time the US government managed to sign the debt ceiling resolution, it took…
Now Is NOT the Time to Be Complacent About the Economy
By Daisy Luther When banks began collapsing one after another back in March, a lot of people were spurred into action. They pulled out cash,…
The Number Of Americans Living On The Streets “Has Broadly Risen This Year”
By Michael Snyder Joe Biden and the mainstream media keep telling us that the economy is in good shape, but we continue to get more…
Global Central Banks Are Badly Losing Their War Against Food Inflation
By Michael Snyder Even though central banks all over the world have been raising interest rates in recent months, food prices just continue to go…
The Commercial Real Estate Tsunami Just Shifted Into Another Gear
By Michael Snyder What is going to happen to our banking system as trillions of dollars worth of commercial real estate loans go bad? Many…
America’s Infrastructure Is Collapsing Right In Front Of Our Eyes
By Michael Snyder America was once a country that built stuff. Previous generations of Americans constructed the greatest highways, bridges, railroads, ports, dams and water…