Do you remember what economic conditions were like in 2008 and 2009? Well, what is ahead of us is likely to be significantly worse. There will be severe pain for those that get blindsided by this new crisis, but those that choose to get prepared in advance will have the best chance of successfully weathering the coming storm. This week, we learned that the rate of inflation in the United States surged even higher last month. And this is happening even though the overall economy is steadily slowing down. At this point, the vast majority of the population understands that economic conditions are rapidly deteriorating. In fact, one recent survey discovered that 70 percent of all Americans now believe that an economic downturn is ahead of us…
Most Americans — 70% — already believe an economic downturn is on its way, according to a new survey from MagnifyMoney. The online survey was conducted between June 10 and 14 and included 2,082 respondents.
Sadly, it is likely that a recession is already here. The U.S. economy contracted during the first quarter of 2022, and the Atlanta Fed’s GDPNow model is currently projecting -1.2 percent growth for the second quarter.
Two quarters of negative growth in a row would mean that we are officially in a recession at this moment.
But many experts are warning that much worse is ahead, and we continue to get more evidence of this with each passing day.
For example, it is being reported that the number of vehicle repossessions is exploding, and many of these vehicles were just purchased during the “mini-boom” that we witnessed in late 2020 and early 2021…
Lucky Lopez is a car dealer who has been in the business for about 20 years. In recent meetings with bankers, where he bids on repossessed vehicles before they go to auction, he has noticed some common characteristics of the defaulted loans. Most of the loans on recently repossessed cars originated during 2020 and 2021, whereas origination dates are normally scattered because people fall on hard times at different times; loan-to-value ratios, or the amount financed relative to the value of the vehicle, are around 140%, versus a more normal 80%; and many of the loans were extended to buyers who had temporary pops in income during the pandemic. Those monthly incomes fell—sometimes by half—as pandemic stimulus programs stopped, and now they look even worse on an inflation-adjusted basis and as the prices of basics in particular are climbing.
It is very alarming to read things like that.
Unfortunately, as bad as things are already, the outlook for the months ahead is even worse. The following comes from Zero Hedge…
Finally, a Chicago Fed survey on the outlook for the US economy decreased to minus 60 in June, the worst reading since the survey began and worse than at the depths of the COVID lockdowns in 2020…
So if a major economic downturn is in our future, what should we be doing?
Well, the following are 5 things that you can do right now to get prepared for the severe recession that is ahead…
#1 Make Sure That You Have A Source Of Income
Last year, if you didn’t have a source of income it wasn’t that big of a deal. Thanks to an unprecedented shortage of workers, the number of job openings surged to a record high. It was so easy to get a job, and so if you felt like taking some time off you could always jump back into the employment pool later.
But now things are changing very quickly. The number of job openings is plunging, and layoff announcements have started to spike.
When the music stops playing, you don’t want to be one of the people without a chair. So unless you have your own business, I would greatly encourage you to make sure that you have secure employment while you still can. If you wait, it will be much more difficult to find a good job later.
#2 Build Up Your Emergency Fund
When a recession hits, it is extremely important that you are able to continue to pay the bills no matter what happens.
When economic conditions deteriorate, bad things happen. Some people lose their jobs and others lose their businesses. If you get hit with some bad luck, you don’t want to be in a position where you could suddenly lose everything.
During 2008 and 2009, many Americans lost their homes because they suddenly could no longer pay their mortgages. Don’t let that happen to you.
Now is the time to build up a very large emergency fund. Cutting your spending will help you to do that. I know that it is not easy to reduce your spending, but later on you will be glad that you did.
#3 Get Out Of Debt
After you have built up your emergency fund, getting out of debt should be a high priority. I would start with eliminating anything that has high interest rates such as credit card debt.
Mortgages, student loans and other debts that have lower interest rates should be lower on the list. Those that are “lean and mean” will have the best chance of getting through this crisis in good condition.
#4 Stock Up On Essentials Now
Prices are going to keep going higher. So that means that the things that you are going to need during the months ahead will not be any cheaper than they are right now.
Don’t spend money on unnecessary items, but for the essentials that you use on a regular basis it is a good idea to stock up right now while you still can.
#5 Maintain A Positive Attitude
This is so important. Have you ever known anyone that was truly successful in life that had a negative attitude about everything? Yes, bad things are going to happen, but we need to believe that we can make it through whatever challenges we are going to face.
Being depressed and defeated because economic conditions have deteriorated will not get you anywhere. But if you approach each day with a positive attitude you will give yourself the best opportunity to make it through the storm. Of course most Americans will have an extremely difficult time staying positive as things get worse and worse.
Already, there is so much anger and frustration out there, and Joe Biden’s approval ratings just keep getting worse and worse. Just check out these absolutely dismal numbers…
Just 18% of Americans say President Biden should run for reelection in 2024, according to the latest Yahoo News/YouGov poll — the lowest number to date. Nearly two-thirds (64%) say he should bow out.
And for the first time, more Democrats now say Biden should pass on a second term (41%) than say he should pursue one (35%).
The survey of 1,672 U.S. adults, which was conducted from July 8 to July 11, represents perhaps the starkest evidence to date of the president’s deteriorating position with voters — including those in his own party.
Things aren’t even that bad yet, and only 18 percent of all Americans want Biden to run again at this point. So what will those numbers look like once this new economic downturn becomes quite severe?
We will soon see things happen in this country that are absolutely unprecedented. But we don’t have to let events overwhelm us.
So I would encourage you to stay positive and to get prepared while there is still time to do so. The clock is ticking, and time is quickly running out.
***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***
About the Author: My name is Michael and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com. In addition to my new book I have written five other books that are available on Amazon.com including “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, 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 digital copies as gifts through Amazon 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 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 ask Jesus to be your Lord and Savior today.
Article cross-posted from End of the American Dream.
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.
