The Five Stages Of Denial When Skeptics Are Faced With Economic Collapse
By Brandon Smith In light of the recent resurgence of inflation on top of increasingly rigged employments stats, declining manufacturing and stagnant wages I think…
Economic Collapse
The Entire System Is Crumbling! Major Red Flags Are Popping Up For Banks, Small Businesses And Retailers
By Michael Snyder If the economy is fine, why are so many signs of trouble erupting all around us? Those that keep insisting that the…
Financial Nihilism and the Collapsing American Dream
By Charles Hugh Smith Following the conventional path is a deadend. It isn’t easy to carve a path outside the well-worn pathways of debt servitude,…
63 US “Problem Banks” Are Nearly Insolvent, But You Can’t Know Which Ones
By Daisy Luther The FDIC recently released their quarterly report with some disturbing news: they have a list of “problem banks” that are “near insolvency.” …
2020 Pushed Minnesota Toward the Third World
By Brownstone Institute Minnesota has quickly become a case study for the disastrous effects of the Covid response, including how government programs facilitated brazen fraud,…
Money Is Power, And The Global Balance Of Power Is Rapidly Shifting In Favor Of The Ultra-Wealthy Elite
By Michael Snyder If you have enough money, you can buy just about anything. And when you are in a position where you can buy…
Our Crisis of Competence
By Charles Hugh Smith If this is what passes for competence while we cheerlead “the Roaring 20s”, then our delusion has reached “what looks like…
Little By Little, The Economy Has Declined To A Point Where Almost Everyone Is Struggling
By Michael Snyder It happened so gradually that a lot of people didn’t even realize what was happening. The cost of living just kept rising…
Economic struggles forcing women entrepreneurs to cut their own pay
By Chris Melore Is the U.S. economy really turning around? If you ask a small business owner, the answer is still no. One in four…
The $150,000 Housekeeper: Wage Inflation Kicks Into Second Gear
By Charles Hugh Smith One of the lesser known manifestations of the inflationary crisis in early-1920s Germany was rampant wage inflation. Bourgeois burghers complained bitterly…
The World Has Accumulated A $315 Trillion Mountain Of Debt, And Global Events Will Soon Bring It Crashing Down
By Michael Snyder I suppose that congratulations are in order. It is no small feat to pile up a debt of $315,000,000,000,000, and we will…
Why Are Vast Numbers Of People Relocating To Small Towns All Over The Country?
By Michael Snyder In recent years, Americans have been fleeing our largest cities in unprecedented numbers, and many of them have decided to settle down…
The Fed is Already Insolvent — Here’s How We Think This Plays Out
By Simon Black, Sovereign Man On Tuesday, September 15, 1992, the two most powerful financial officials in the British government held an urgent meeting that…
America In 2024: Fast Food Is A “Luxury”, 11 Million Children Live In Poverty, And 1000s Of Stores Are Closing
By Michael Snyder Little by little, our standard of living has been eroding. A couple decades ago, we had the largest and most prosperous middle…