Why Has There Been A 56 Percent Increase In Suicide Among Young Americans In Just 10 Years?

It is very hard to face the future when you don’t have any hope.  Today, our society offers more ways to entertain ourselves than ever before, but it offers very little hope.  Most people spend most of their lives wandering from one thing to another looking for meaning and purpose, and of course most of those journeys come up empty.  We may have a much higher standard of living than any other generation in history, but we are also have the highest rates of addiction, depression and suicide.  As a society, we are deeply, deeply unhappy, and this is especially true for our young people.  In fact, a report that was just released discovered that there was a 56 percent increase in suicide among Americans from age 10 to age 24 in just 10 years(Read More...)

China Takes A Comprehensive Trade Deal Off The Table, And That Is Disastrous News For The U.S. Economy

The Chinese never intended to make a deal, and now they are publicly admitting it.  For months, I have been warning readers of The Economic Collapse Blog that a comprehensive trade deal with China will not happen before the 2020 presidential election, and the reason why this is the case is actually very simple.  The Chinese have concluded that President Trump will never give them the kind of deal that they are looking for, and so their entire goal has been to run out the clock on the Trump administration so that they can finally get to a Democrat that will be much more “reasonable” to deal with.  Of course if Elizabeth Warren or Bernie Sanders wins the election, they won’t be very “reasonable” either, and so the best case scenario for the Chinese is for either Joe Biden or Hillary Clinton to emerge victorious in November 2020.  In any event, the Chinese are now being very clear about the fact that they are never, ever going to agree to Trump’s core demands.  The following comes from CNBC(Read More...)

22 Surveys Which Prove That Americans Never Want To Go Back To The Way America Used To Be

For a long time a great battle has been fought to determine the future direction of this country, and at this point one thing has become exceedingly clear.  America is never going to be the country that it once was.  Of course for millions of Americans this is actually very welcome news, but for those of us that have been working so hard for so long to restore the values that this nation was founded upon, it is incredibly sad to finally come to this realization.  In order for America to return to her glory days, our nation would need to embrace the values that once made our nation so great, and the truth is that the American people have resoundingly rejected those values.  This is especially true for our young people, and it won’t be too long before they are running everything.  The other side has control of our education system, of our major media outlets, of our entertainment industry and of our legal system.  They are literally systematically training future generations what to think, and that has proven to be an insurmountable advantage.  The “culture war” has been over for a long time, and they won.  But that doesn’t mean that the broader conflict is over. (Read More...)

The Average U.S. Farm Is $1,300,000 In Debt, And Now The Worst Farming Crisis In Modern History Is Upon Us

We haven’t seen anything like this since the Great Depression of the 1930s.  Leading up to this year, farm incomes had been trending lower for most of the past decade, and meanwhile farm debt levels have been absolutely exploding.  So U.S. farmers were desperate for a really good year, but instead 2019 has been a total disaster.  As I have been carefully documenting, due to endless rain and catastrophic flooding millions of acres of prime farmland didn’t get planted at all this year, and the yields on tens of millions of other acres are expected to be way, way below normal.  As a result, we are facing the worst farming crisis in modern American history, and this comes at a time when U.S. farms are drowning in more debt than ever before.  In fact, the latest numbers that we have show that the average U.S. farm is 1.3 million dollars in debt(Read More...)

It’s Over: The Democrats And The Republicans Are Both Conspiring To Bankrupt America And Destroy Our Future

Both major political parties are working together to destroy America’s financial future, and most Americans don’t seem to care.  Once upon a time, the Republicans were considered to be “the party of fiscal responsibility”, but now they are just as bad as the “free spending” Democrats.  As you will see below, a “compromise” budget deal was just reached which will dramatically increase federal spending and will suspend the federal debt limit until after the next election.  In other words, both sides are conspiring to make our debt problem much, much worse over the next year and a half, and this should be causing howls of outrage all across America.  But instead most Americans seem content to go along with the free spending ways of our political leaders, and only a handful of voices are sounding the alarm as we steamroll toward financial oblivion. (Read More...)

There Is An Increasing Amount Of Buzz That China Could Invoke The Rare Earth “Nuclear Option” In The Trade War

If China wants to cause a massive amount of pain for the U.S. economy in this trade war, they certainly have the firepower to do so.  Today, China accounts for more than 80 percent of the world’s rare earth element production, and approximately 80 percent of the rare earth elements that are used by U.S. companies are imported from China.  The U.S. does have one facility that mines rare earth elements in California, but everything that is mined there has to be shipped to China for processing.  So at this point we do not have the ability to supply our own rare earth element needs, and that gives the Chinese a tremendous amount of leverage. (Read More...)

Trade Talks Are Dead, And So U.S. Consumers Should Brace For A Long, Bitter, Painful Trade War With China

There is not going to be a trade deal between the United States and China any time soon, and that is going to mean a tremendous amount of pain for the U.S. economy.  For months, hope that the U.S. and China would soon reach a trade deal helped to elevate global financial markets, but now that hope has disappeared.  In order for a trade deal to happen, the two sides have to talk, and at this point no negotiations are scheduled.  And unless one side or the other decides that they are willing to move dramatically from their current positions, there really isn’t any reason to talk.  In fact, the Chinese government is openly saying that it is in “no rush” to negotiate with the United States… (Read More...)

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