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Tag: Inflation

The Second Great Depression?

The coming economic collapse will not resemble the Great Depression. Yes, we are in a recession – but it will not be reminiscent of the Great Depression that...

America Needs Truckers

America has lost 1,544,700 trucking jobs on a seasonally adjusted basis. There are 30,000 less truckers on the road now compared to July 2023. Demand has not waned...

Hunger Protests in Nigeria

The world has erupted in conflict as a direct result of the economy turning down. We are seeing it across the globe, from Bangladesh, Ghana, Uganda, Kenya, and...

Americans Prepared for Lasting Inflation

Americans are preparing for a prolonged inflationary period, based on new data from the New York Fed. The New York Federal Reserve’s Survey of Consumer...

Car Repos Rise 23% YoY

The private debt crisis is becoming apparent in America after car repossessions jumped 23% during the first half of 2024. Data shows that 1.6 million Americans will...

It’s a Recession Not a Depression

The government insists that the economy is fine, thriving perhaps, and has asked the public to pay no mind to their current financial situation. No one, aside from...

US Banks Experiencing Rising Unrecoverable Debt

I’ve long been sounding the alarm on the private debt crisis sweeping the Build Back Better nations. US government debt equaled 122.3% of the nation’s GDP in...

Is Powell Political?

@60minutes Fed chair says he worries about the national debt #nationaldebt #60minutes #federalreserve #debt ♬ original sound – 60 Minutes Donald Trump...

Household Debt in Canada Exceeds 100% of GDP

World leaders spend recklessly with no regard for the overall economy. Canadian Prime Minister Justin Trudeau has fallen out of favor for one primary reason – the...

Yellen Denies Food Inflation

Treasury Secretary Janet Yellen once again is once again gas lighting the public to believe that the Biden Administration has inflation under control. When...