(The Economic Collapse Blog)—Many among the elite don’t really care that tens of millions of Americans on the bottom of the economic food chain are deeply suffering right now. It is being reported that approximately 93 percent of all stock market wealth held by U.S. households is controlled by the top 10 percent, and the stock market has been performing remarkably well in recent months.
As long as their stock portfolios look good, there won’t be too much concern about the economic pain that the masses are experiencing. But they should care, because what we are witnessing is going to deeply affect all of us.
2023 was really tough for much of the country, and many of the economic trends from last year just continue to intensify.
For example, just look at what is happening at food banks all over the nation. At one location in southern California, demand is up almost 60 percent since before the pandemic…
The nonprofit Second Harvest Food Bank of Orange County, which provides food for 400,000 people a month in Orange County, has seen a nearly 60 percent increase in demand since before the pandemic.
“If we are really going to help lift people out of poverty, they need fresh food,” Claudia Keller, CEO of Second Harvest Food Bank of Orange County,
At a food bank in the Big Apple, demand has actually doubled since before the pandemic, and now they are being forced to turn people away due to a lack of food…
The shelves at a Bronx food pantry have been bare for the past two weeks as hungry New Yorkers face heightened food insecurity at the beginning of the New Year.
The Albanian American Open Hand Association (AAOHA), located in Pelham Parkway, fed around 800 weekly before the pandemic, but that has since doubled to 1,600.
For the first time in 10 years, the pantry has been forced to turn people away.
This is something that is going to become increasingly common.
From coast to coast, donations are down and food costs are up, and so in the months ahead more desperate Americans that have lined up for hours at food banks around the nation will be told that there is “no food today”…
Food pantry president Alexander Nilaj told The Post Tuesday that he has had to turn them away.
“It’s very heartbreaking. People line up at six or seven in the morning,” the 52-year-old said in a phone interview. “We tell them: ‘Don’t wait, we have no food today.’”
Despite all of the happy talk that we are constantly getting from the Biden administration and the mainstream media, the truth is that poverty is exploding and homelessness in the U.S. has been growing at the fastest pace ever recorded…
Homelessness is on the rise in the United States, and it’s growing at a rate never seen before, according to data released Friday by the U.S. Department of Housing and Urban Development.
The 2023 Annual Homeless Assessment Report shows that more than 653,000 people were experiencing homelessness in the U.S. — marking a 12% increase from 2022. The report uses compiled Point-In-Time Count data — a method that attempts to count every person living homeless one day out of the year — from across the nation to track the ebbs and flows of the nation’s homelessness crisis.
Unfortunately, our economic problems appear to be accelerating.
According to the government’s own numbers, the U.S. lost a whopping 1.531 million full-time jobs in December alone.
And layoffs continue to be announced at a furious pace here in January. Earlier today, I was stunned to learn that Pixar has decided to conduct mass layoffs…
Walt Disney’s Pixar Animation Studios is set to cut jobs as the studio has completed production on some shows and now has more staff than it needs, a source familiar with the situation told Reuters on Thursday.
TechCrunch reported earlier that Pixar was set to undergo layoffs as high as 20% this year, with the studio’s team of 1,300 people reduced to under 1,000 over the coming months.
Twitch is laying off workers too. In fact, more than a third of their workers will soon be searching for new employment…
Amazon’s livestreaming platform, Twitch, announced it would cut 35% of its workforce in a blog post.
“As you all know, we have worked hard over the last year to run our business as sustainably as possible,” wrote Twitch CEO Dan Clancy in a blog post. “Unfortunately, we still have work to do to rightsize our company, and I regret having to share that we are taking the painful step of reducing our headcount by just over 500 people across Twitch.”
Sadly, even Google is laying off workers at this stage. We are being told that “hundreds of staff” are getting the axe…
Google has laid off hundreds of staff across the company as it tries to cut costs and focus on artificial intelligence.
The tech titan confirmed the new wave of mass firings on Wednesday night, which employees claimed was more than 1,000 people.
Welcome to 2024.
This is going to be such a crazy year.
And as more companies lay off workers, large numbers of Americans won’t be able to pay their bills.
In fact, credit card delinquency rates at all stages have already surpassed pre-pandemic levels…
More Americans are buckling under the weight of mounting credit card debt.
All stages of credit card delinquency (30, 60 and 90 days past due) jumped higher during the third quarter of last year, surpassing pre-pandemic levels for the first time, according to a report released Thursday by the Federal Reserve Bank of Philadelphia.
Don’t let anyone tell you that the economy is in good shape.
The elite may be doing just fine for the moment, but most of the country is really struggling.
Do you remember the tremendous suffering that we witnessed during the Great Recession?
Well, what is ahead will be even worse.
A giant economic mess has already begun, and 2024 will be even more painful than 2023 was.
Sound off about this story on the Economic Collapse Substack.
Michael’s new book entitled “Chaos” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.
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Starting the Day With a Scripture-Inspired Roast Helps Center Your Thoughts on Eternal Truths Amid Temporal Pressures
The world can seem chaotic, especially right after we wake up. Many believers start their mornings reaching for something familiar — a hot cup of coffee — yet end up settling for mediocre brews that do little more than deliver a caffeine jolt. The daily grind of life, with its endless distractions, news cycles, and responsibilities, can leave even the most faithful feeling spiritually parched alongside their physical fatigue. What if your morning ritual could do more than wake you up? What if it could ground you in truth, nourish your body with exceptional quality, and quietly advance a kingdom purpose at the same time?
That’s the promise — and the reality — behind Promised Grounds Coffee. This Christian-founded company doesn’t just roast beans; it approaches every step as an act of worship and discipleship. By selecting only the top 10% of specialty-grade beans, ethically sourced from dedicated farmers in Central and South America, and small-batch roasting them with reverence in Austin, Texas, Promised Grounds delivers what many describe as the best coffee available — never burnt, never bland, but rich with origin stories and layered flavors that honor God’s creation.
From the vibrant Psalm 27 Roast (a light, bright medium option) to the bold yet peaceful 2 Timothy 1:7 Decaf, each bag carries a Scripture verse that turns your daily pour into a gentle reminder of faith. And through their Ounce Per Ounce Promise, every ounce of coffee you enjoy provides an equal ounce of clean water to families in need via partnership with Filter of Hope — literally brewing hope for body and soul, one cup at a time.
The challenge for today’s Christians runs deeper than finding a decent cup. In an age of convenience-driven consumerism, it’s easy to support companies that dilute values or remain silent on matters of faith. Many believers want their everyday choices — from what they drink to how they spend — to reflect discipleship rather than just convenience. Promised Grounds solves this by weaving Christian excellence into the entire process: beans nurtured with prayerful stewardship by farming families, roasted as an offering rather than a commodity, and packaged with Bible verses to encourage a mindset of gratitude and purpose from the first sip. Reviewers consistently praise the smooth, rich profiles — whether enjoyed black in a drip maker, iced on a warm day, or shared in fellowship — noting how the quality stands toe-to-toe with premium secular brands while delivering something far more meaningful.
This integration of faith and flavor addresses a real need in Christian households and ministries. Busy parents, church leaders, and remote workers alike report that starting the day with a Scripture-inspired roast helps center their thoughts on eternal truths amid temporal pressures. The coffee’s exceptional character — bright citrus notes in lighter roasts or deep chocolate undertones in bolder ones — comes from meticulous selection and careful roasting that respects the bean’s natural gifts rather than masking them. It’s the kind of coffee that elevates a simple quiet time, fuels productive workdays, or sparks meaningful conversations when shared at Bible studies or outreach events. And because it’s ethically sourced with integrity, every purchase supports sustainable livelihoods for farmers who treat their crops like family harvests.
For those leading churches or small groups, the impact multiplies. Promised Grounds offers bundles and options perfect for hospitality ministries, turning ordinary coffee service into an opportunity to point people toward the living water of Christ. Imagine greeting visitors with a warm cup whose very bag carries God’s Word — a subtle yet powerful witness that aligns with the Great Commission. The company’s Texas roots and commitment to “brewing hope” resonate especially with believers who value American enterprise paired with global compassion.
Of course, quality alone isn’t enough if the experience feels out of reach. Promised Grounds keeps it accessible with practical perks like free shipping on orders over $40, sample sets for discovering favorites, and thoughtful add-ons such as faith-themed mugs. Whether you prefer whole beans for fresh grinding, grounds for convenience, or even bulk options for larger households and ministries, the result is consistently superior coffee that makes discipleship feel integrated rather than added on.
As you consider how to align even the smallest habits with your walk with God, Promised Grounds Coffee stands out as a refreshing solution. It tackles the dual problems of subpar daily sustenance and disconnected consumption by offering a product that genuinely excels in taste while advancing a mission of clean water, farmer dignity, and scriptural encouragement. Believers who make the switch often describe it as more than a beverage upgrade — it becomes part of their rhythm of gratitude, a daily invitation to remember that every good gift comes from above.
If you’re ready to transform your mornings (and perhaps your church gatherings) with coffee that honors both exceptional craftsmanship and Christian values, I encourage you to explore what Promised Grounds has to offer. One sip at a time, you’ll be nourishing your body, refreshing your spirit, and participating in something far greater — all while enjoying what truly is among the best coffee available.