Get ready for another major worldwide credit crunch. Today, the entire global financial system resembles a colossal spiral of debt. Just about all economic activity involves the flow of credit in some way, and so the only way to have “economic growth” is to introduce even more debt into the system. When the system started […]
Could you imagine being a single parent and trying to survive in America today on $10.50 an hour? For a moment, I want you to imagine that you are living in a moldy apartment that is so badly maintained that rain seeps in whenever it rains. You are employed, but you are completely dependent on […]
The post Flat Broke, Living In A Moldy Basement And Relying On Food Stamps And Medicaid appeared first on The Economic Collapse.
Did you know that the number of publicly traded companies declaring bankruptcy has reached a five year high? And did you know that Chinese exports are absolutely collapsing and that Chinese economic growth in 2014 was the weakest in over 20 years? Even though things may seem to be okay on the surface for the […]
The post Huge Trouble Is Percolating Just Under The Surface Of The Global Economy appeared first on The Economic Collapse.
ISIS Has Camps On The U.S. Border, But Obama Says ‘Right-Wing Extremists’ Are The Greatest Terror Threat
ISIS camps have now been discovered directly across the U.S. border with Mexico, ISIS operatives have been captured illegally entering the United States, and ISIS is threatening to conduct a massive campaign of terror against U.S. targets, and yet Barack Obama and his underlings continue to insist that “right-wing extremists” are the greatest terror threat […]
The very same people that caused the last economic crisis have created a 278 TRILLION dollar derivatives time bomb that could go off at any moment. When this absolutely colossal bubble does implode, we are going to be faced with the worst economic crash in the history of the United States. During the last financial […]
The post The Six Too Big To Fail Banks In The U.S. Have 278 TRILLION Dollars Of Exposure To Derivatives appeared first on The Economic Collapse.
The systematic destruction of the American way of life is happening all around us, and yet most people have no idea what is happening. Once upon a time in America, if you were responsible and hard working you could get a good paying job that could support a middle class lifestyle for an entire family […]
The post 19 Signs That American Families Are Being Economically Destroyed appeared first on The Economic Collapse.
Smart meters are now being used by authorities to crack down on “water wasters” in the state of California, but this is just the tip of the iceberg as far as what they can be used for. Ultimately, smart meters are designed to be part of an entire “smart grid” that will enable government bureaucrats […]
The post Smart Meters: Enforcement Of Mandatory Water Restrictions Is Only Just The Beginning appeared first on The Economic Collapse.
Our entire way of life can be ended in a single day. And it wouldn’t even take a nuclear war to do it. All it would take for a rogue nation or terror organization to bring us to our knees is the explosion of a couple well-placed nuclear devices high up in our atmosphere. The […]
The post The EMP Threat: All It Would Take Is A Couple Of Explosions To Send America Back To The 1800s appeared first on The Economic Collapse.
The drought in California is getting a lot worse. As you read this, snowpack levels in the Sierra Nevada mountains are the lowest that have ever been recorded. That means that there won’t be much water for California farmers and California cities once again this year. To make up the difference in recent years, water […]
The post How Many People Will Have To Migrate Out Of California When All The Water Disappears? appeared first on The Economic Collapse.
The higher financial markets rise, the harder they fall. By any objective measurement, the stock market is currently well into bubble territory. Anyone should be able to see this – all you have to do is look at the charts. Sadly, most of us never seem to learn from history. Most of us want to […]
The post If Anyone Doubts That We Are In A Stock Market Bubble, Show Them This Article appeared first on The Economic Collapse.
Are we watching a replay of the last financial crisis? Over the past six months, the price of oil has collapsed, the U.S. dollar has soared, and a whole bunch of other patterns that we witnessed just before the stock market crash of 2008 are repeating once again. But what we have not seen yet […]
The post The Stock Market In 2015 Is Starting To Look Remarkably Similar To The Stock Market In 2008 appeared first on The Economic Collapse.
When an economic crisis is coming, there are usually certain indicators that appear in advance. For example, commodity prices usually start to plunge before a recession begins. And as you can see from the Bloomberg Commodity Index which you can find right here, this has already been happening. In addition, I have previously written about […]
The post 5 Charts Which Show That The Next Economic Crash Is Dead Ahead appeared first on The Economic Collapse.