ECONOMY
NYC Falls Under Socialist Control
Democratic Socialist Zohran Mamdani, 34, secured the first job of his career this Tuesday when he was elected as the mayor of New York City. The computer had predicted the beginning of a massive downturn in NYC beginning in 2026, as well as an increased political divide in the United […]
The Terrible Truth About The U.S. Economy Can No Longer Be Denied
For a long time, a lot of people wanted to deny what was happening to us. But now we have reached a point when you can no longer do that and retain your credibility. Job openings have been plummeting, and layoffs have been spiking. Manufacturing activity is way down, and […]
One Little “K”… And The End of America
A disturbing chart is making waves in the financial world. It’s a long-term view of job openings (blue) vs the S&P 500 (black). The dotted line shows when ChatGPT launched in November of 2022. Take a look: Digesting this chart gives me heartburn. As you can see, historically job openings […]
When the AI Bubble Bursts, the Damage Will Be Severe
The AI bubble is both massive and nearing its end. At least that’s how we read the tea leaves. When it bursts…the damage is going to be profound, financially, economically and even politically. The AI bubble has gotten so massive and so complicated and so perversely organized that even the […]
Cost Cutting Hits Jobs. October Layoffs Surge to Highest Level in 20 Years
The jobs hit parade is running in reverse. Hiring lowest in 14 years. Job Cuts on Cost-Cutting & AI Challenger, Gray, and Christmas notes Job Cuts on Cost-Cutting & AI U.S.-based employers announced 153,074 job cuts in October, up 175% from the 55,597 cuts announced in October 2024. It is up […]
Government shutdown surpasses 30 days, impacting energy sector and vital services
The longest U.S. government shutdown in history – now tied at 35 days – is wreaking havoc on the energy sector, with far-reaching implications for the nation and the world. As the partial shutdown drags on, essential services are disrupted and the impacts are being felt across various sectors. The […]
Tariffs, Tobacco, and Policy Whiplash
When politicians talk tough on trade, they usually promise to protect American jobs. But sometimes those gestures do the opposite. The Trump administration’s proposed 100 percent tariff on large cigars imported from Nicaragua is a case in point. According to my latest research, the tariff would shrink US GDP by $1.26 billion, reduce […]
Is silver critical or not?
Depends on whom you ask Beijing made its move on October 26. Silver, along with tungsten and antimony, would now fall under strict export supervision starting November 2025. Not a quota. Not a tariff. Something much more surgical: every shipment will now need government approval. The self-reporting system? It’s gone. […]
Food Banks All Over The U.S. Are Being Overwhelmed By A Tsunami Of Hungry People
As grocery prices have risen, demand at food banks throughout the country has surged to very alarming levels. At the end of 2024, I wrote about how demand at food banks had risen to record levels all over the United States. Unfortunately, demand has continued to rise in 2025, and now […]
How Food Industry Lobbyists Keep the Food-Stamp Gravy Train Going
Unless members of Congress intervene to prevent it, the food stamp program—also known as the Supplemental Nutrition Assistance Program (SNAP)—will be suspended beginning November 1. If the federal partial “shutdown” ends before then, the program will likely send out the usual billions of dollars to the nation’s 41 million recipients on […]
