When the economy and the financial system are both greatly shaken at the same time, the consequences can be extremely painful. Most of you still clearly remember what life was like in 2008 and 2009. It was such a dark chapter in American history. But there have been other times when we have had a financial market crash but no recession. 1987 is a perfect example of that. Of course there have also been many instances when economic conditions have been very poor but the financial markets weathered it just fine
It is actually rare for a major economic crisis and a major financial crisis to occur simultaneously like we witnessed during the Great Recession and the Great Depression. Unfortunately, it appears that this is precisely the type of scenario that we are now facing. Continue reading
You can throw out all of the old rules, because they simply don’t apply anymore. The dominance of western financial institutions is faltering, and cracks in the system are starting to show up all over the place. They can’t keep the price of silver from exploding, they can’t stop the price of gold from relentlessly marching upward, they can’t stop the extremely alarming decline of the U.S. dollar, and they can’t stop debt levels from soaring into the stratosphere.
In the shadow of unprecedented prosperity, America teeters on the brink of financial ruin. As of January 7th 2026, the national debt stands at a staggering $38.43 trillion, ballooning by $2.25 trillion in just the past year – or roughly $8 billion per day. This isn’t mere fiscal irresponsibility; it’s a self-inflicted wound that threatens to unravel the republic’s fabric. Driven by bloated entitlement programs, unchecked military expenditures, and massive unfunded liabilities, this debt has morphed into a leviathan of its own, poised to drag the nation into economic collapse and pave the way for an authoritarian socialist state.
Gold crossing $5,000 an ounce is not a technical breakout, a speculative frenzy, or a “risk-on trade.” It is a judgment. Silver pushing past $100 last week only reinforces the point. These prices are not expressions of optimism about growth or productivity. They are expressions of doubt: about currencies, about governments, and about the institutions charged with preserving economic stability.
The United States national debt has reached a precarious milestone, hitting 100% of Gross Domestic Product (GDP) and placing the nation on a trajectory that could trigger six distinct types of fiscal crises, according to an ominous new warning issued Thursday by the Committee for a Responsible Federal Budget (CRFB).
As markets brace for gold to hit the once-unthinkable $5,000 price level, Bank of America has raised its near-term gold target to $6,000 per ounce – the most aggressive price forecast for the yellow metal from any major institution.
This is an explanation of the difference between capitalism and collectivism that is honed more towards the average American who probably isn’t interested in specific case comparisons, charts and graphs and all the political minutiae and complexities that are so often presented within academic-style white papers. It’s for people who tend to look at life more simplistically and along the line that something is either right or it’s wrong. 
A woman who found an old supermarket receipt from 1997 has left the internet stunned over how much prices have increased since then.
Today, here in America, one of the most advanced nations in the world, we find the American people trapped in an age-old recurring pattern of society, struggling through poverty and working while still barely getting by and surviving, in a competition and struggle over assets and resources between the various income levels – between lived suffering and abstract authority – between those who bear the weight of the system and those who most benefit from it. And as the poorest of Americans still working a real fulltime job give first, last and the most in many regards, compassion for their plight descends slowly, thinly, and often too late – suggesting to me that misery is not an accident of society but a precondition quietly accepted by it.
