A Dollar Collapse Is Now In Motion – Saudi Arabia Signals The End Of Petro Status
By Brandon Smith The decline of a currency’s world reserve status is often a long process rife with denials. There are numerous economic “experts” out…
Economic Collapse
“The Job Cuts That Are Coming Are Going To Be Super Brutal”
By Michael Snyder A shockingly large wave of layoffs has already begun, and we are being warned that much larger layoffs are coming in the…
The United States Is Insolvent
By Michael Snyder You can call everyone for dinner, because our goose is cooked. We are so deep in debt that the only way we…
Banking Institutions Quietly Admit To Inevitable Recession Implosion In 2023
By Brandon Smith As the Federal Reserve continues its fastest rate-hike cycle since the stagflation crisis of 1980, a couple vital questions linger in the…
“Catastrophic Outcomes”: Davos Elite Worried About Global Volatility, Cost-Of-Living Crisis
By Tyler Durden What happens when plebs can’t afford bread, and the circuses aren’t that entertaining? Nothing good. Which is why the cost-of-living crisis is…
Grocery Stores In New York City Are Considering Locking Up Food Because Theft Has Become So Rampant
By Michael Snyder Food has become a prime target for thieves, and that should deeply alarm all of us. Once upon a time, shoplifting was…
Let’s Talk About The Catastrophic Rise Of Egg Prices…
By Michael Snyder Do you remember when you could buy a dozen eggs for 99 cents? It seems like it was only yesterday, but unfortunately…
11 Signs That The Economic “Tipping Point” Has Now Arrived
By Michael Snyder How bad do things have to get before people start realizing that we are in the midst of a full-blown economic crisis? …
2023: You Wanted Endless Stimulus, You Got Stagflation.
By Daniel Lacalle After more than $20 trillion in stimulus plans since 2020, the economy is going into stagnation with elevated inflation. Global governments announced…
Is There A Way To Stop Inflation Without Crushing The Economy And Killing The Dollar?
By Brandon Smith One of the most dishonest games being played in economics today is the attempt by various groups (political and financial) to deflect…
The “Mega-Bubbles” Have Started To Burst, And That Could Mean Unprecedented Financial Chaos Is Ahead
By Michael Snyder The Federal Reserve giveth, and the Federal Reserve taketh away. In a desperate attempt to help the U.S. economy recover from the…
Fifty Questions to Which We Demand Answers
By Michael Senger In the aftermath of the world’s catastrophic response to Covid-19, some governments have begun conducting inquiries into what went wrong. Yet owing…
1-In-6 Illinoisans Rely On Food Stamps For Christmas Dinner
By Patrick Andriesen Illinois has the 6th-highest number of residents buying their meals with nutrition benefits, and the number grew almost 11% from a year…
Will 2023 Be “Just an Average Recession in an Average Year” or Will It Be Transformational?
By Charles Hugh Smith It shouldn’t surprise us if 2023 turns out to be atypical and disruptively transformational in ways few believe possible. It seems…