Image Source. Related Energy Industry Collapsing | At least 67 U.S. Oil and Natural Gas Companies Bankrupt, 1/3 of Industry At Risk in 2016 Source – The Economic Collapse Blog by Michael Snyder Even the government is admitting that the U.S. economy is slowing down. On Thursday, we learned that U.S. GDP grew at just a […]
economic collapse
37 Signs of Change, For Those Who Think Nothing Is Happening
Image Source. Here are 37 signs of changed pulled from various sources. Some are as old as 6 months whereas others are current for the month of April. Most of them check out, but a handful is dubious. As always, exercise your discernment and be empowered. Related 2016 Agenda for Disclosure? | The Opening of Pandora’s […]
Corporations Are Defaulting On Their Debts Like It’s 2008 All Over Again
Image Source Related Energy Industry Collapsing | At least 67 U.S. Oil and Natural Gas Companies Bankrupt, 1/3 of Industry At Risk in 2016 Related Economic Indicator | Corporate Debt Defaults Explode To Catastrophic Levels Not Seen Since The Last Financial Crisis Related Emergency Meeting with Obama, Biden and Fed Chair Yellen to Discuss Failing Global Economy Source […]
Why Are Thousands Of Millionaires Fleeing Chicago And Other Major Cities Around The World?
Related 2016 Agenda for Disclosure? | The Opening of Pandora’s Suitcase Source – The Economic Collapse Blog By Michael Snyder The elite are fleeing major cities around the globe at a staggering rate. In fact, the Chicago Tribune is reporting that approximately 3,000 millionaires left the city of Chicago alone during 2015. The same study discussed in that Chicago Tribune […]
Emergency Meeting with Obama, Biden and Fed Chair Yellen to Discuss Failing Global Economy
Earlier this week, several emergency meetings took place to address the slumping economy. At the start of this year, the Fed predicted 2% growth for the US, and at the end of Q1, there was only 0.1%. This was despite market manipulation and number-rigging which has become standard practice in big business. But this economic […]
Economic Indicator | Corporate Debt Defaults Explode To Catastrophic Levels Not Seen Since The Last Financial Crisis
The current global economy is supported by unsustainable lending and debt practices. Whether we are talking about governments, corporations, or consumers, access to credit and ever increasing debt that comes with it, has become standard operating procedure in all sectors of the economy. For example, the average first world citizen, the one who should presumably have the […]
Central Banks Are Desperate | Helicopter Money: Global Central Banks Consider Distributing Money Directly To The People
Central banks are supposed to be the great economic watchdogs. They claim to slow down bubbles by increasing interest rates, and stimulate the economy by lowering them. But the alleged benevolence of these institutions is an illusion. The true purpose of central banks is to drain energy and wealth out of the population they “service.” Once […]
“This Is An Extremely Serious Problem” – Dollar Funding Shortage Hits Record In Japan
This is a rather obscure economic update, but I think it is noteworthy. A shortage of dollar funding suggests that the ability of major institutions to generate profits overseas is becoming difficult. Briefly, a Cross Currency Swap is a tool that an institution can use to invest in foreign markets, which helps them take advantage […]
State of the Planet Report | Is this the Calm Before the Storm of 2016?
Source – The Mind Unleashed by Phillip J. Watt Twenty sixteen has continued as a pivotal point in human history. Many social commentators have been documenting the exponential rise in awareness and action that has been occurring across our planet, as well as the long-held concerns about the rising issues and risks that we now […]
Plunging Manufacturing Numbers Means That It Is Time To Hit The Panic Button For The Global Economy
Related Energy Industry Collapsing | At least 67 U.S. Oil and Natural Gas Companies Bankrupt, 1/3 of Industry At Risk in 2016 Related First Time Ever: The Baltic Dry Index Plunges To 394 As Global Trade Grinds To A Standstill Source – The Economic Collapse Blog By Michael Snyder We haven’t seen numbers like these since […]
Recession 2016: In Some States, A Very Deep Economic Downturn Has Already Arrived
Related Energy Industry Collapsing | At least 67 U.S. Oil and Natural Gas Companies Bankrupt, 1/3 of Industry At Risk in 2016 Related Global Stocks Continue To Crash As Oil Plummets And Gold Skyrockets Source – The Economic Collapse Blog By Michael Snyder Did you know that there are some U.S. states that have already officially fallen […]
Energy Industry Collapsing | At least 67 U.S. Oil and Natural Gas Companies Bankrupt, 1/3 of Industry At Risk in 2016
Oil prices have plummeted over the course of 2015 and on into 2016. The low-cost of gas at the pump means the average joe feels pretty good about their relationship to the economy, but behind the scenes, huge sell-offs are taking place. One question I have is: who is buying up the now dirt cheap energy companies? […]
Global Stocks Continue To Crash As Oil Plummets And Gold Skyrockets
Oil prices at record lows is good news for those buying gas at the pump, but bad news for the global economy. This is because the US oil industry is an economic backbone to the already severely production depressed United States, whose currency, the USD, is the world’s reserve currency. Furthermore, the price of oil affects the price […]
22 Signs That The Global Economic Turmoil We Have Seen So Far In 2016 Is Just The Beginning
Source – The Economic Collapse Blog As bad as the month of January was for the global economy, the truth is that the rest of 2016 promises to be much worse. Layoffs are increasing at a pace that we haven’t seen since the last recession, major retailers are shutting down hundreds of locations, corporate profit […]
Fedcoin and E Dollar, Understanding: Interest, Usury, Devaluation and Quantitative Easing | Central Banks Announce Introduction of E Dollar
With the end of Quantitative Easing and no signs of economic recovery due to economies around the world being over leveraged (having more debt than assets and income) then the only likely outcome is a currency collapse of epic proportions. Currency, otherwise known as money, is principally supposed to represent production or goods and services. […]