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Image: Gage Skidmore via Flickr, CC BY-SA 2.0.

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Policy Exchange

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Image: Nogwater via Flickr, CC BY-SA 2.0 (cropped).

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Perchance AI

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Without sufficient quantities of oil, the global economy will not be able to operate normally. So the fact that the global economy is running a massive “oil deficit” right now should deeply alarm all of us. Even since the war with Iran began, the world has been consuming far more oil than it has been ... Read more

The post The World Is Approaching “Tank Bottoms” As Experts Warn That Very Painful Oil Shortages Are Ahead This Summer appeared first on The Economic Collapse.

Those that believe that the global energy crisis is going to be magically solved by a “memorandum of understanding” that is already being violated by both sides are going to be in for a very rude awakening. As you will see below, the Iranians have continued to launch drones at commercial vessels in the Strait ... Read more

The post U.S. Oil Stockpiles Fall To Critically Low Levels As Iran Continues To Mess With The Strait Of Hormuz appeared first on The Economic Collapse.

When we were told that the ceasefire extension with Iran would include “the toll-free opening of the Strait of Hormuz”, I didn’t realize that this was only for a period of 60 days. As you will see below, once the 60 days are over the Iranians will be allowed to charge vessels for passing through ... Read more

The post Giving Iran Permanent Control Of The Strait Of Hormuz Will Be A Disaster For The Global Economy appeared first on The Economic Collapse.

A very intense El Niño has formed in the equatorial waters of the Pacific Ocean much earlier than originally anticipated, and we are being warned that it could cause trillions of dollars of damage to the global economy. Considering everything else that is going on in our world right now, that is really bad news. ... Read more

The post The “Godzilla El Niño” That Has Now Begun Could Do Trillions Of Dollars Of Damage To The Global Economy appeared first on The Economic Collapse.

We have been warned for a long time that a nightmarish global food crisis was coming. We are facing an unprecedented fertilizer shortage, extremely high diesel prices and long-term droughts in many of the most important food producing regions of the world, and now a “Super El Niño” is in the forecast. So a lot ... Read more

The post Even The Mainstream Media Is Admitting That The Coming Global Food Crisis Has Now Arrived appeared first on The Economic Collapse.

Now that the war with the Iranians appears to be fully back on, there will be no turning back now. President Trump just told reporters in the White House that “we’re going to be attacking them and attacking them very hard”, and so it should now be apparent to everyone that there isn’t going to ... Read more

The post A Historic Energy Squeeze Is Locked In: U.S. Oil Inventories Have Fallen For 7 Weeks In A Row, And Global Oil Inventories Will Soon Hit The Lowest Level Ever Recorded appeared first on The Economic Collapse.

Did you know that the purchasing power of the U.S. dollar has fallen by more than 97 percent since 1913? Sadly, as you will see below, the decline in the purchasing power of our currency appears to have greatly accelerated in recent years. Thanks to the rising cost of living, most Americans have lost faith ... Read more

The post The Purchasing Power Of The Dollar Has Collapsed And The Majority Of The Population No Longer Believes In The American Dream appeared first on The Economic Collapse.

No matter how bad things get, some skeptics will simply never admit that what we are experiencing is unusual. We live at a time of seemingly endless wars, growing global hunger, alarming outbreaks of disease and constant natural disasters, but they just keep telling us that everything is fine. Russia and Ukraine are absolutely pummeling ... Read more

The post “Everything Is Fine”: The Skeptics Mock As Plagues And Disasters Erupt All Around Us appeared first on The Economic Collapse.

Gigantic underground aquifers are being rapidly depleted all over the world, and once that water is gone it will take a very long time for it to come back. In fact, in some areas of the United States the recharge rate is less than an inch per year. That is a major problem, because more ... Read more

The post The Ogallala Aquifer Is Dying – As The Largest Supply Of Groundwater In The United States Vanishes, Farmers Are Deeply Concerned About What Is Next appeared first on The Economic Collapse.