Economy

Fake Numbers From Fake Bureaucrats Caused People To Believe In Fake Economic Prosperity That Never Existed

How do 911,000 jobs suddenly disappear into thin air?  Can someone explain that to me?  Throughout 2024, I wrote extensively about how all of the reliable numbers showed…

We Just Got 6 More Confirmations That The U.S. Economy Is Moving In The Wrong Direction

Nobody can deny that the U.S. economy deteriorated dramatically during the four years that Joe Biden was in the White House.  In fact, it was probably the biggest…

Large Companies In The US Are Going Bankrupt At The Fastest Pace That We Have Seen Since The Global Financial Crisis

Is the fact that large companies are filing for bankruptcy at the fastest pace in 15 years a good sign for the economy or a bad sign for…

US Debt Now Grows By $1 Trillion Every 150 Days

US national debt just topped $37 trillion and is growing fast.   Another Debt Milestone The Peter G. Peterson foundation reports The United States is Adding to the National Debt Faster Than Ever In the 2020s, the U.S. has…

120 Million Square Feet: Store Closings In The United States Are On Pace To Set A New Record High In 2025

If everything is going to be just fine, why are thousands of stores closing all over the country?  So far this year, the total amount of retail space that has been permanently closed has surpassed 120 million square…

Deadline Day Is Here And The BRICS Countries Are Not Cooperating – So How Will The “Wall Of Tariffs” Impact The U.S. Economy?

It was nice while it lasted.  Nations all over the globe had until August 1st to agree to a trade deal with the Trump administration.  Some of them made deals, but most of them did not.  Those that…

Is The Federal Reserve Purposely Trying To Destroy The US Economy?

Oops, they did it again.  Even though the housing market has been in a depressed state for an extended period of time and even though economic conditions are slowing down all over the country, the Federal Reserve has once…

The Bubble Is Bursting: Delinquency Rates Have Doubled & Credit Card Defaults Are Soaring

Did you know that U.S. households are carrying $1.18 trillion in credit card debt? Considering the fact that the average rate of interest on credit card balances is now over 20 percent, that is not good news at…

10 Economic Facts That Nobody Can Deny

If you ask 1,000 different Americans about the state of the U.S. economy, you will get 1,000 different opinions.  But what is the truth?  In this article, I am going to share information with you that is indisputable.…

As The Global Food Crisis Escalates, The Price Of Ground Beef In The US Is Up 16.2% Over The Past 12 Months

Americans still love hamburgers and French fries, but they sure are a lot more expensive than they once were.  In fact, as you will see below, the price of ground beef in the U.S. has risen 16.2 percent…

We Need To Talk About Why The Dollar Is Dying & How The Employment Numbers Are Being Manipulated

Why can’t we just be objective about the economic numbers?  When Joe Biden was in the White House, many Republicans (including Donald Trump) used the word “fake” to describe the economic numbers that the federal government was putting…

Something Just Broke: U.S. Employment Tanked In June, 744,308 Job Cuts Have Been Announced So Far This Year, & Retail Layoffs Are Up 255%

What in the world just happened to the job market?  The unexpectedly bad numbers that have just come in have truly been a shock to many of us.  Yes, we knew that conditions were getting worse during the…

Walmart Workers Are Suddenly “Vanishing”, And You Will Be Stunned To Learn The Reason Why This Is Happening

Why are thousands of Walmart workers suddenly “vanishing” all over the nation? And why are vast numbers of agricultural workers suddenly no longer showing up for work? What I am about to share with you is extremely alarming.…

This Is The Worst Year For The U.S. Dollar Since The Oil Crisis Of 1973

The U.S. dollar just keeps getting weaker and weaker, and that is a major problem because our current standard of living depends on having a strong dollar.  When the U.S. dollar is strong relative to other national currencies,…

$100? $200? $300? – How Catastrophically High Will The Price Of Oil Go When Iran Closes The Strait Of Hormuz?

It is being reported that Iran is seriously considering closing the Strait of Hormuz.  We don’t know how high the price of oil will go if that happens, because it has never happened before.  Of course, I think…

10 Signs Of The Tremendous Economic Suffering That Is Quickly Spreading All Around Us

I am so tired of hearing that “everything is fine” when everything is most certainly not fine.  Every day, I hear from people that are really suffering in this harsh economic environment.  Some can’t find work, others are…

Self-Inflicted Suicide: Los Angeles Passes New $30 Minimum Wage for Hotel and Airport Workers

With benefits, the effective wage is $38.35. This is inflationary. New Minimum Wage AI Overview Los Angeles is moving towards a $30 minimum wage for hotel and airport workers by 2028, a move supported by unions and some…

30 Trillion Dollars In 30 Years – The Greatest Party In The History Of The World Has Destroyed America’s Future

When you spend 30 trillion dollars that you do not have, it is easy to create an illusion of prosperity. In 1995, the nation was obsessed with the O.J. Simpson trial, “Toy Story” was the biggest movie of…

Traffic At US Ports Has Absolutely Plummeted Compared To Last Year – New Crisis Threatens To Turn US Relations With China Into Massive Dumpster Fire

Did you know that we just witnessed the largest decline in U.S. imports in the entire history of our nation last month?  Unfortunately, things didn’t get any better this month.  In fact, during the final week of May…

Middle Class Collapsing: Nearly 1 Out Of Every 4 Americans Is Now “Functionally Unemployed”

Do you ever feel like you are “functionally unemployed”?  If so, you are definitely not alone.  There are lots of people out there that cannot pay the bills each month even though they have jobs.  In fact, there…