Image Source. Source – The Economic Collapse Blog by Michael Snyder When less stuff is being bought, sold and shipped around the country with each passing month, how in the world can the U.S. economy be in “good shape”? Unlike official government statistics which are often based largely on projections, assumptions and numbers seemingly made […]
economy
Chinese bank to buy $90bn gold vault in London
Image Source. Source – RT News China’s state-owned ICBC Standard Bank has agreed to buy a massive precious metals storage business from Barclays. The deal is expected to boost China’s access to the London gold market. The vault, one of the largest in Europe, is in a secret location in London that can store 2,000 […]
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 […]
Full Update | Benjamin Fulford – March 14th 2016: Indonesian president to visit Holland to talk gold with P2 Freemasons
Benjamin Fulford’s report from Monday the 14th of March 2016 has been updated with the full article. Click here to read the full report. This post is merely to serve as a notice that the original post has been updated. In the above link, scroll down to where it says: [Below is the remaining portion of Fulford’s update this week] “Alexander […]
Benjamin Fulford – March 14th 2016: Indonesian president to visit Holland to talk gold with P2 Freemasons
Update – The full report is provided below. Here is the partial update, in honor of Ben’s wishes to withhold posting the full update. This post will be updated after approximately 3 days since its initial release; usually on Wednesday. Added links below. – Justin Source – Benjamin Fulford The back-room negotiations to release funds to […]
China Faces 15 Trillion Bombshell As Shadow Banking Sector Collapses
Wondering what shadow banking is? Here’s a definition from former US Federal Reserve Chairman Ben Bernanke provided in April 2012: “Shadow banking, as usually defined, comprises a diverse set of institutions and markets that, collectively, carry out traditional banking functions — but do so outside, or in ways only loosely linked to, the traditional system of […]
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 […]
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 […]
FULL UPDATE | Benjamin Fulford – February 8th 2016: First meeting between Pope and Russian Patriarch in 1000 years aimed at Khazarian Satanists
Update – David Wilcock left several comments on this update. I added another that was posted later, discussing what we can do to prepare for the coming economic fallout. Click here to read his comments. Benjamin Fulford’s report from Monday the 8th of February 2016 has been updated with the full article. Click here to read the […]
Benjamin Fulford – February 8th 2016: First meeting between Pope and Russian Patriarch in 1000 years aimed at Khazarian Satanists
Update – The full report is provided below. For those who are interested, David Wilcock left several detailed comments on this update, which can be read in the below-linked article. Related David WIlcock Comments on Benjamin Fulford – February 8th 2015: First meeting between Pope and Russian Patriarch in 1000 years aimed at Khazarian Satanists Here is […]
The Oil Crash Of 2016 Has The Big Banks Running Scared
The US dollar is backed by oil, this is why it is called the petrodollar. And with oil prices falling at a record pace, with seemingly no indication of rising over the long term, this may be part of a well-coordinated effort to collapse the global financial system. Americans are feeling a sense of relief, […]
First Time Ever: The Baltic Dry Index Plunges To 394 As Global Trade Grinds To A Standstill
This is the second time in the past six months that the Baltic Dry Index hit a record low. Related The Baltic Dry Shipping Index Just Collapsed To An All-Time Record Low And last week, there were rumors of Atlantic shipping routes being evacuated. Related Major Ships Evacuate Atlantic Ocean For First Time In History – Justin […]
58 Facts About The U.S. Economy From 2015 That Are Almost Too Crazy To Believe
Related JP Morgan And Citigroup Agree That The U.S. Economy Is Steamrolling Toward A Recession Related The Federal Reserve Was Just Proven Incompetent | The Fed’s Confidence Game Is Ending Source – The Economic Collapse Blog The world didn’t completely fall apart in 2015, but it is undeniable that an immense amount of damage was done to […]
FULL UPDATE | Benjamin Fulford – December 21st 2015: Financial power struggle intensifies as IMF head criminally charged immediately after IMF announces reforms
Benjamin Fulford’s report from Monday the 21st of December has been updated with the full article. Click here to read the full report. This is merely to serve as a notice that the original post has been updated. In the above link, scroll down to where it says: [Below is the remaining portion of Fulford’s update this week] […]
The Federal Reserve Was Just Proven Incompetent | The Fed’s Confidence Game Is Ending
The Federal Reserve was originally created out of a belief that interest rates or the price of lending money can materially affect an economy. This notion has guided events over the past 100 years, but in reality, economies are not so easily controlled. The Fed maintained almost zero percent interest rates, 0.25% for nearly eight […]