(AIER)—The Fed’s aggressive interest rate hikes, the surge in retail trader activity, and pandemic-driven valuations have led many previously high-flying public firms to face a sudden reversal of fortunes. Transitioning from pandemic-era policies to a more typical economic environment, firms again need strong business fundamentals to survive in a competitive landscape. A reality check has arrived for the...
On today's episode of The JD Rucker Show, the conspiracies are getting deeper. Or, to me accurate, we're diving deeper into conspiracies, especially as they pertain to the economy. We covered the Council for Inclusive Capitalism who are the "tip of the spear" for the Globalist Elite Cabal. WE noted a growing conspiracy surrounding government censorship... twice. Rice...
Starting in 1971, the United States refused to redeem its dollars (Federal Reserve notes) because government debt and money printing had inflated the gold price per ounce in the open market to skyrocket above the fixed redemption price of gold. The United States dollar was backed by gold till then, and had gained the status of the world’s...
(The Economic Collapse Blog)—If you are wondering why so many Americans are stressed about their finances these days, just look at the numbers. The Social Security Administration just released national wage statistics for 2022, and the figures that they have given us do not paint a pretty picture at all. In particular, we should all be deeply alarmed...
Clearly, everyone is hurting right now economically. Grocery bills, gas and the overall cost of goods are often times double what they were under the Trump presidency, but income is not increasing at the same rate. Grant Botma, two-time best selling author and founder of the two-time Inc 5000 Fastest Growing Company Stewardship, joins this episode of The...
(Epic Economist)—Being a carnivore has never been so expensive. According to the USDA, beef prices soared to another record high this week, and are expected to face a 100% increase next month compared to the same period a year ago. Steaks will likely be out of the dinner table of many Americans in the coming months as shortages...
Today, The Two Mikes spoke with Richard Vague who was a banker for 30 years and most recently retired from the post of Secretary of Banking and Securities for the Commonwealth of Pennsylvania. Mr. Vague recently published a book called the Paradox of Debt: A New Path to Prosperity Without Crisis (Published by the Pennsylvania University Press/available at...
(The Economic Collapse Blog)—The only way that we can continue to have cheap food is if we have cheap energy. We use energy to grow our food, to harvest our food, to produce our food and to package our food. And transporting all of that food from the farm to the factory and then to the stores takes...
Editor's Note: The article below generated from corporate media reports delivers a strong pitch for physical precious metals. Whenever we post such articles, we get comments that we're "fearmongering" about the economy for the sake of promoting gold sales. It is not for the sake of fearmongering that we promote these stories. It's because we have legitimate concerns...
(RealClearWire)—A Department of Energy lab in Illinois logged over $160 million in questioned costs due to lost invoices, excessive reimbursements, and holiday pay, according to a recent audit by the agency’s inspector general. The audit examined costs incurred in 2018 by Fermi Research Alliance LLC, the contractor that operates the Fermi National Accelerator Lab near Batavia, Illinois. The Energy...
