The Wildest Home Buying Binge In U.S. History Has Pushed Home Prices To Hyperinflationary Levels

All over America, we are witnessing crazy bidding wars for the limited number of homes that are on the market.  In many areas, the moment a desirable home goes on the market potential buyers start making offers that are tens of thousands of dollars above asking price.  Not even in the days before the housing bubble burst in 2008 did we see anything like this.  As I have discussed in previous articles, in some cases more than 100 offers are coming in for a single home.  It is actually an understatement to call what we are watching a “frenzy”, and there are no signs that it is going to cool down any time soon. (Read More...)

Yes, America Is On The Verge Of Yet Another Toilet Paper Crisis

It is starting to happen again.  Do you remember how “panic buying” caused a massive shortage of toilet paper and other basic essentials during the early days of the COVID pandemic last year?  Well, shortages are back, but this time around different factors are at play.  We are being told that the shortages should just be temporary, and that is good news.  But this is yet another example that shows how exceedingly vulnerable global supply chains have become in this day and age.  If another major global crisis were to suddenly strike, we could quickly be facing long-term shortages of certain items that would be quite severe.  So hopefully this short-term toilet paper shortage will be a wake up call for all of us.  The following comes from Yahoo News(Read More...)

How Many “2 Minute Warnings” Do Americans Need?

After everything that has taken place over the past year, there shouldn’t be a need to sound the alarm any longer, because everyone should be awake by now.  But of course that is not the case.  At this moment, the vast majority of the population is still dead asleep.  This greatly frustrates me, because there has been warning after warning, but most people choose not to listen.  Since I am a sports fan, I like to use sports analogies, and to me it certainly appears that we have been given a series of “2 minute warnings” over the past 12 months.  Humanity is steamrolling toward disaster, and time is running out.  Unfortunately, to a very large extent the warnings are not being taken seriously. (Read More...)

If You Believe Life Will “Return To Normal”, You Have A Fundamental Misunderstanding Of The Times In Which We Live

Despite all of the craziness that is going on out there, many pundits are trying to convince us that life will soon “return to normal” and that great days are just around the corner.  They are telling us this despite the fact that the state of Texas has been in a state of collapse this week, the real economy continues to implode, the unemployment numbers are going up, civil unrest continues to rage in our streets on a nightly basis, and our entire planet continues to become even more unstable.  Those that believe that happy days are here again have a fundamental misunderstanding of the times in which we live.  This isn’t a period of time when America is going to “build back better”.  Rather, this is a time when America is going to go even deeper into “the perfect storm”. (Read More...)

When We Teach Our Kids That Life Has No Value, This Is How They Act…

The endless chaos in our streets is directly related to how we have been raising our children for the past couple of decades.  Bad beliefs lead to bad actions, and we have been teaching our kids values that are fundamentally flawed.  In particular, our children are endlessly taught that life has no value in a multitude of ways.  They view thousands of murders on television and in the movies as they grow up, the news glorifies politicians that tell them that it is a good thing to slaughter the unborn, and western nations are increasingly embracing the idea that older people should be willing to ask for the “plug to be pulled” once their “usefulness” is over.  Throughout their lives, our kids are trained to believe that they evolved from animals and that there is nothingness after they die, and the logical conclusion of such a worldview is that the period of time between birth and death is rather meaningless. (Read More...)

For 55 Percent Of Americans, 2020 Has Been “A Personal Financial Disaster”

One of the big reasons why so many Americans are angry about the size of the “stimulus payments” in the COVID relief bill that Congress just passed is because this year has truly been a “financial disaster” for millions upon millions of people.  More Americans than ever before are just barely scraping by from month to month, and $600 is just not going to go very far.  In 2020, small businesses have been getting slaughtered by the thousands, millions of Americans are in imminent danger of being evicted from their homes, and more than 70 million new claims for unemployment benefits have been filed since the COVID pandemic first started.  The U.S. has plunged into a brutal economic depression, and most of the country is desperately hoping that the federal government will do more to bail them out. (Read More...)

74% of families with children making less than $100,000 have “experienced serious financial problems” during this crisis

The reason why so many people are clamoring for Congress to get another stimulus bill passed is because an unprecedented number of households are in desperate financial need right now.  As you will see below, millions of Americans missed their rent or mortgage payments last month, millions missed their student loan payments, and millions are falling into poverty.  The economic downturn that was sparked by the coronavirus pandemic has stretched on far longer than most people originally anticipated, and many Americans are simply running out of money at this point.  In fact, one survey that was conducted not too long ago found that 40 percent of all households have “used up all or most of their savings” and 74 percent of families with children that make less than $100,000 a year have “experienced serious financial problems” during this crisis… (Read More...)

End Of The American Dream