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Could the Covid19 Response be More Deadly than the Virus?
Could the Covid19 Response be More Deadly than the Virus? The economic, social and public health consequences of these measures could claim millions of victims The initial, alarming estimates of deaths from the virus COVID-19 were that as many as 2.2 million people would die in the United States. This number is comparable to the […]
10 Signs the U.S. Is Heading for a Depression
10 Signs the U.S. Is Heading for a Depression 1– Unemployment is off-the-charts Thursday’s jobless claims leave no doubt that the country is in the grips of another severe recession. More than 6.6 million Americans filed for unemployment insurance in the last week. That number exceeds the gloomiest prediction of more than 40 economists and pushes […]
Depression Strikes America, Looting Begins, Panic Searching “Buy Ammo” Hits Record
Depression Strikes America, Looting Begins, Panic Searching “Buy Ammo” Hits Record With a labor market in freefall, ten million Americans have lost their jobs in two weeks. CNN reported Thursday afternoon that stimulus checks for households could take up to 20 weeks, which is creating a perfect storm of possible social unrest. The Federation of Red […]
“The Biggest Decline Ever”: Goldman Now Sees US GDP Crashing 34% In Q2
“The Biggest Decline Ever”: Goldman Now Sees US GDP Crashing 34% In Q2 Just over a week ago, when we reported on the ongoing feud between Goldman and JPM to come up with the most terrifying GDP forecast for the US, and when we asked if a Second Great Depression has begun after Goldman’s chief economist Jan […]
“Rolling Natural Disaster” – COVID-19 Supply Chain Shock Could Trigger Global Depression
“Rolling Natural Disaster” – COVID-19 Supply Chain Shock Could Trigger Global Depression Evidence of creaking global supply chains is fast emerging, at risk of triggering the next global depression amid the COVID-19 pandemic. A supply chain crisis that began earlier this year, one that we warned from the very start, has now spread across Asia to the Middle […]
We Are Heading for a Depression – Charles Nenner
We Are Heading for a Depression – Charles Nenner Renowned geopolitical and financial cycle expert Charles Nenner told his clients back in January 2020, “It was time to sell . . . . I am afraid they can lose 40% to the downside.” Well, we are more than halfway there, and Nenner warns it’s going […]
Gerald Celeste–$2000 Gold Coming and Brace For the Greatest Depression Ever Seen By Early 2021
GERALD CELENTE – $2000 GOLD COMING AND BRACE FOR THE GREATEST DEPRESSION EVER SEEN BY EARLY 2021 Gerald Celente, Founder of the Trends Research Institute, shares one of his boldest forecast with SBTV – expect $2,000 gold price as early as end-2020 and prepare for the onset of the greatest depression the world has ever seen by early […]
Coronavirus and the world economy
Coronavirus and the world economy The outbreak of the coronavirus epidemic in China has shaken the global asset markets—and with good reason. The coronavirus has the potential of being the ‘trigger’ which will push the world into a global depression. Here, we briefly explain why. The outbreak It looks that the virus spreads very easily, through […]
An Inflationary Depression
An Inflationary Depression Financial markets are ignoring bearish developments in international trade, which coincide with the end of a long expansionary phase for credit. Both empirical evidence from the one occasion these conditions existed in the past and reasoned theory suggest the consequences of this collective folly will be enormous, undermining both financial asset values […]
Doug Casey: The Deep State Is the Source of Our Economic Problems
Doug Casey: The Deep State Is the Source of Our Economic Problems Justin’s note: As longtime readers know, Doug Casey says we’re well into what he calls the Greater Depression. America is headed for trouble… and it’s critical to know exactly what’s going on. That’s why today’s essay is so important. In it, Doug explains the source […]
‘Deaths Of Despair’ In The U.S. Hit Record High – So How Bad Will Things Get When Society Starts To Completely Collapse?
‘Deaths Of Despair’ In The U.S. Hit Record High – So How Bad Will Things Get When Society Starts To Completely Collapse? According to a shocking new report from the Commonwealth Fund, the suicide rate in the United States is the highest that it has ever been before. Sadly, the same thing can be said about […]
Doug Casey: “This is Going to be One for the Record Books”
Doug Casey: “This is Going to be One for the Record Books” Just because society experiences turmoil doesn’t mean your personal life has to. And a depression doesn’t have to be depressing. Most of the real wealth in the world will still exist—it will just change ownership. What is a depression? We’re now at the […]
Just Before The Great Recession, Mountains Of Unsold Goods Piled Up In U.S. Warehouses – And Now It Is Happening Again
Just Before The Great Recession, Mountains Of Unsold Goods Piled Up In U.S. Warehouses – And Now It Is Happening Again When economic conditions initially begin to slow down, businesses continue to order goods like they normally would but those goods don’t sell as quickly as they previously did. As a result, inventory levels begin […]
As The Perfect Storm Approaches, Most Americans Are Partying Instead Of Preparing
As The Perfect Storm Approaches, Most Americans Are Partying Instead Of Preparing I can’t think of a time when Americans were more apathetic about getting prepared, and yet this is exactly the time when the urgency to get prepared should be at the highest. Earlier today, my wife Meranda and I were discussing the fact […]
