Many experts are now warning that we could see the housing market and the commercial real estate market simultaneously crash in 2023. If that were to happen, it would put an extreme amount of stress on our financial system. The only way we will avoid such a fate is if the Federal Reserve starts reducing interest rates. Unfortunately, that isn’t going to happen. In fact, officials at the Federal Reserve keep telling us that interest rates are going to keep going up. This is literally a suicidal course of action, because higher rates are going to absolutely crush the economy.
If you doubt this, just consider what is already happening.
According to a new Alignable survey that was just released, 41 percent of all small business owners in the United States could not pay rent in November…
Due to high inflation, reduced consumer spending, higher rents and other economic pressures, U.S.-based small business owners’ rent problems just escalated to new heights nationally this month, based on Alignable’s November Rent Poll of 6,326 small business owners taken from 11/19/22 to 11/22/22.
Unfortunately, 41% of U.S.-based small business owners report that they could not pay their rent in full and on time in November, a new record for 2022. Making matters worse, this occurred during a quarter when more money should be coming in and rent delinquency rates should be decreasing. But so far this quarter, the opposite has been true.
In September, that same survey found that 30 percent of all small business owners could not pay rent.
Many were deeply alarmed by that figure, and then it jumped up to 37 percent in October. Now we are at 41 percent, and if there is any time when small business owners should be able to pay rent it is during the holiday season. When commercial real estate tenants cannot pay rent, it inevitably has a domino effect.
It appears that we will soon have millions of empty commercial spaces all over the nation, and many owners will soon be unable to make loan payments because sufficient rent money is not coming in. If the Federal Reserve insists on raising rates even higher, I anticipate that we will eventually be facing a commercial real estate crash of unprecedented size and scope.
Meanwhile, the implosion of the housing market continues to pick up speed. Existing home sales have now declined for nine months in a row, and the median price of a home in the U.S. has now fallen by about 7 percent. Sadly, many experts are now warning that things will only get worse in the months ahead. Here is one example…
“In one line: Collapse in prices is coming,” wrote Kieran Clancy, senior U.S. economist at Pantheon Macroeconomics.
I told my readers that this would happen if the Federal Reserve aggressively hiked interest rates.
Of course home prices could soon fall a lot more. In fact, Pantheon is projecting that they could ultimately fall by a total of 20 percent from the peak…
Pantheon estimates that existing home prices will keep falling, ultimately dropping by about 20% from their June peak of around $414,000.
If you are planning to sell a home, I would try to do it as quickly as possible before prices go way down.
Meanwhile, another troubled cryptocurrency firm has just filed for bankruptcy…
Distressed crypto firm BlockFi has filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of New Jersey following the implosion of putative acquirer FTX.
So why is BlockFi in so much trouble?
Well, the truth is that there are a lot of reasons, but one of the biggest is the fact that they loaned 275 million dollars to FTX that will never be repaid…
In the filing, the company listed an outstanding $275 million loan to FTX US, the American arm of Sam Bankman-Fried’s now-bankrupt empire.
I warned my readers that FTX would not be the last domino to fall. And now another one has tumbled over.
Needless to say, there will be many more, because FTX “has more than 1 million creditors”…
In a matter of days, FTX went from a $32 billion valuation to bankruptcy as liquidity dried up, customers demanded withdrawals and rival exchange Binance ripped up its nonbinding agreement to buy the company. Gross negligence has since been exposed. Ray added that a “substantial portion” of assets held with FTX may be “missing or stolen.”
FTX has more than 1 million creditors, according to updated bankruptcy filings, hinting at the huge impact of its collapse on crypto traders and other counterparties with ties to Bankman-Fried’s empire.
FTX was just one giant Ponzi scheme, but of course the entire system is just one giant Ponzi scheme.
The entire thing is eventually coming down, and a lot of prominent voices are trying to sound the alarm about this.
For instance, author Robert Kiyosaki tweeted the following just a few days ago…
Many of you know I do not invest in equities, bonds, ETS or MFs. Please DO NOT listen to what I’m going to say next: “I would get out of paper assets.” The world economy is not a “Market.” I believe economy is the biggest bubble in world history.
Of course he is quite correct.
We have been living in the largest bubble in all of human history.
And once it finally shatters into billions of pieces nobody is going to be able to put it back together again.
So get ready for a massive adjustment in your standard of living.
With very hard times looming, the Washington Post is encouraging their readers to reduce food costs by eating bugs…
The Washington Post advised Americans Sunday that instead of a traditional season dinner, which now is unaffordable for a quarter of families, they should instead look to eating bugs.
Yes really.
In an article headlined Salted ants. Ground crickets. Why you should try edible insects, the Post stated “Consumers can already find foods like salted ants on Amazon and cricket powder protein bars in Swiss grocery stores.”
I don’t know about you, but I don’t plan on ever eating bugs.
No matter how bad things get, I just couldn’t eat ants or crickets or beetles.
Unfortunately, most people are completely and utterly unprepared for the times that we will soon be facing. A tremendous amount of economic chaos is on the way.
The Federal Reserve could help matters a great deal if they would just stop raising interest rates.
But that isn’t going to happen, and so it appears that 2023 will be a year of severe economic pain all over the nation.
***It is finally here! Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.***
About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com. In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”, “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned) When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends. Time is short, and I need help getting these warnings into the hands of as many people as possible.
I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe. I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article. The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.
I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help. These are such troubled times, and people need hope. John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.” If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.
Article cross-posted from The Economic Collapse Blog.
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.
