By Charles Hugh Smith Following the conventional path is a deadend. It isn’t easy to carve…
Tag: Economic Collapse
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…
2020 Pushed Minnesota Toward the Third World
By Brownstone Institute Minnesota has quickly become a case study for the disastrous effects of the…
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…
Our Crisis of Competence
By Charles Hugh Smith If this is what passes for competence while we cheerlead “the Roaring…
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…
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…
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…
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,…
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…
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…
The Incoming Commercial Real Estate Crisis No One Seems Prepared For
Authored by Kevin Stocklin via The Epoch Times (emphasis ZeroHedge) It has been a year since…
America’s Housing Market Is In A Deep Freeze
By Michael Snyder This is a very bad time for those that work in the real…
The Gap Between The Rich And The Poor Is Larger Than Ever, And Frustration Is Growing To Very Dangerous Levels
By Michael Snyder Have you ever felt like you can never seem to get ahead no…
Maybe We’re Closer to “You’ll Own Nothing” Than We Realize
By Charles Hugh Smith Maybe we should rephrase the slogan to “you’ll appear to own things…