Image Source. (Michael Snyder) What can you do when you are working 60 hours a week at three part-time jobs and it is still not enough? In America today, many people have taken on more than one job in a desperate attempt to make ends meet, but they still come up short at the end […]
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Undeniable Evidence That The Real Economy Is Already In Recession Mode
Image Source. Source – The Economic Collapse Blog by Michael Snyder You are about to see a chart that is undeniable evidence that we have already entered a major economic slowdown. In the “real economy”, stuff is bought and sold and shipped around the country by trucks, railroads and planes. When more stuff is being […]
A New Digital Cash System Was Just Unveiled At A Secret Meeting For Bankers In New York
Image Source. Related Fedcoin and E Dollar, Understanding: Interest, Usury, Devaluation and Quantitative Easing | Central Banks Announce Introduction of E Dollar Related 5 Major Banks (The Cartel) Plead Guilty To Market Rigging, Fined $5.7 Billion – Make this Red Pill Viral Source – The Economic Collapse Blog by Michael Synder Last month, a “secret meeting” that […]
The U.S. Economy Officially Joins The Global Economic Slowdown – 1st Quarter GDP Comes In At 0.5%
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 […]
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 […]
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 […]
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 […]
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 […]
Quantitative Easing Is Over, Interest Rates Will Rise and Markets Will Implode | The Federal Reserve Just Made Another Huge Mistake
The global financial system is hopelessly addicted to cheap credit provided by the Federal Reserve and its manifold agents across the planet. Quantitative Easing in addition to near zero percent interest rates has inflated the economy, to such an extent, that without these stopgap measures implosion is all but guaranteed. For the first time since […]
The Time Is Ripe For Change | Americans Really, Really Hate The Government
Update – Apparently there were some formatting issues with the text in the below article. The problem should be resolved now. For most of the people who read this, the fact that Americans have lost faith in their government will come as no surprise. In a recent survey, only 28% of Americans believe the country […]
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, […]