Those that boldly proclaimed that the global energy crisis was over have been proven dead wrong. Within the past 24 hours, the Iranians have attacked numerous commercial vessels that were attempting to travel through the Strait of Hormuz. The Iranians have told the world over and over again that traffic through the Strait of Hormuz ... Read more The post Running On Empty: Iran Attacks Multiple Vessels In The Strait Of Hormuz As Oil Inventories Get Even Tighter appeared first on The Economic Collapse.

Global weather patterns have begun to resemble a Hollywood disaster movie, and the mainstream media is starting to admit what many of us have known all along. Thanks to the “Super El Niño” that is now upon us, the second half of this year is going to be really crazy. Europe was just hit by ... Read more The post The Mainstream Media Freaks Out As This “Super El Niño” Causes Unprecedented Heat, Monster Storms And Catastrophic Damage All Over The Globe appeared first on The Economic Collapse.

Did you know that the number of Americans that are out of work right now is far higher than it was at any point during the Great Recession? I know that sounds crazy, but I will prove it to you in this article. A whopping 111 million Americans do not have a job, and we ... Read more The post 111 Million U.S. Adults Do Not Have A Job And America Spends More Than A Trillion Dollars Per Year On A Social Safety Net For Them appeared first on The Economic Collapse.

It is supposed to be hot on the 4th of July, but it isn’t supposed to be this hot. Temperatures will be 20 to 30 degrees above average in much of the eastern half of the country. I warned a few days ago that we were going to experience a “4th of July furnace”, and meteorologists ... Read more The post The Hottest 4th Of July Ever Could Set More Than 300 New Records And The U.S. Wheat Harvest Is Expected To Be The Smallest In 150 Years appeared first on The Economic Collapse.

The crisis in the Strait of Hormuz is not even close to being resolved, and global oil supplies continue to get tighter and tighter. The world has been running an “oil deficit” for months, and we have been able to do that by running down commercial oil inventories and strategic national reserves. There was hope ... Read more The post Traffic Through The Strait Of Hormuz Is Way Below Pre-War Levels As Trump Is Briefed On Options For “All-Out War” appeared first on The Economic Collapse.