(Michael Snyder) Don’t get too excited about the “good employment numbers” that you are hearing about from the mainstream media. The truth is that they actually aren’t very good at all.
(Michael Snyder) If your family is really struggling right now, you are far from alone. I have been publishing The Economic Collapse Blog for more than eight years, and all throughout that time I have seen the middle class in America get smaller and smaller and smaller.
(Whitney Webb) British Petroleum, better known as BP, sought to convince the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) of Australia that a potential oil spill off the country’s coast would provide “a welcome boost to local economies.” BP made the claim in 2016 in an environmental plan written to convince NOPSEMA to approve the company’s bid to drill for oil in the Great Australian Bight, a pristine region along Australia’s southern coast.
(Michael Snyder) We just witnessed the 5th largest single day stock market crash in U.S. history. On Thursday the Dow Jones Industrial Average plunged 724 points, and many believe that this is just the beginning of another huge wave down for stock prices. After this latest dramatic decline, the Dow is now down 3.1 percent so far in 2018, and overall it is down 9.99 percent from the all-time high in January. A 10 percent decline is officially considered to be “correction” territory, and that means that we are just about there.
(Dave Kranzler) “This time it’s different.” That quote is from Sir John Templeton, a legendary investor who is considered the father of the modern mutual fund industry. For most of the month of December, I’ve been hearing ads from mortgage brokers who are promoting the idea of refinancing your house in order to take care […]
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(TheElementGroup) 2017 is nearly behind us. Cryptocurrency market observers will remember 2017 as the year of the ICO boom, bitcoin’s hard fork(s), cryptokitties, a few major hacks, and the time when every single dinner party swayed towards talking about the price of bitcoin at some point or another. Instead of looking at what just passed, today we’re […]
by Lance Schuttler, Greek philosopher Socrates once said “the secret to change is to focus all of your energy not on fighting the old, but on building the new.” This is exactly what the BRICS alliance (Brazil, Russia, India, China and South Africa) and what Bitcoin are in the process of doing. While each model is […]
(Tyler Durden) Bitcoin is currently soaring to exponentially record highs signaling a potential “extinction-level” event for the banking cartel. Related Bitcoin Splits in Two amid Feud Source – The Free Thought Project by Zero Hedge, November 26th 2017, Update: Bitcoin has continued to soar intraday – now topping $9,300 – with a total market cap over $156 […]
(Michael Snyder) How much is your view of the world shaped by what you see on television? On average, Americans spend more than 150 hours watching television every month, and it is called “programming” for a reason. If you allow anyone to pour ideas and information into your mind for five hours a day, it is going to […]
(Michael Snyder) Throughout human history, those in the ruling class have found various ways to force those under them to work for their economic benefit. But in our day and age, we are willingly enslaving ourselves. The borrower is the servant of the lender, and there has never been more debt in our world than there […]
(Martin Armstrong) Central banks do not play games with the markets but it sure feels like we are being played by someone! Earlier this year the Bank of Japan, Federal Reserve and the European Central Bank all had similar balance sheets at around $4.5 trillion. As we know, over the past ten years all three have […]
(Daniel Lacalle) The FT recently ran an article that states that “leading central banks now own a fifth of their governments’ total debt.” Related Modern Slavery | The True Reason behind the 40-Hour Work Week and Why Most People Are Economic Slaves Source – Zero Hedge by Daniel Lacalle, August 24th, 2017 The figures are staggering. Without […]
(Jay Syrmopoulos) In an ominous move, Lord Jacob Rothschild has aggressively moved to limit his exposure to “risky” U.S. capital markets. Related Rothschild Just Sold Massive Amounts of U.S. Assets — Something Big is Coming Source – The Free Thought Project by Jay Syrmopoulos, August 30th, 2017 In what is a sure signal to oligarchs across the globe, […]
( Michael Snyder) We are about to witness an extremely unusual convergence of events that many believe could represent a major turning point for our nation. By now you have probably heard that on August 21st a total solar eclipse will move across the entire continental United States for the first time in decades. In fact, we have not […]