Saudi Arabia and Egypt stand poised to conduct a massive ground invasion of Yemen, and the western media will be full of tales about how “Operation Decisive Storm” is liberating that country from the evil Iranian-backed Houthi rebels. And without a doubt, the Houthis are bad guys and so are their Iranian benefactors. But don’t […]
Since the depths of the last recession, the price of ground beef in the United States has doubled. Has your paycheck doubled since then? Even though the Federal Reserve insists that we are in a “low inflation” environment, the government’s own numbers show that the price of ground beef has been on an unprecedented run […]
The post The Price Of Ground Beef Has DOUBLED Since The Last Financial Crisis appeared first on The Economic Collapse.
Did you know that about one-fourth of the entire global prison population is in the United States? Did you know that Apple has more money than the U.S. Treasury? Did you know that if you have no debt and also have 10 dollars in your wallet that you are wealthier than 25 percent of all […]
The post 33 Strange Facts About America That Most Americans Would Be Shocked To Learn appeared first on The Economic Collapse.
The move to a cashless society won’t happen overnight. Instead, it is being implemented very slowly and systematically in a series of incremental steps. All over the planet, governments are starting to place restrictions on the use of cash for security reasons. As citizens, we are being told that this is being done to thwart […]
The average American spends more than 10 hours a day using an electronic device. And most of that activity is not even interactive. The vast majority of the time we are just passively absorbing content that someone else has created. This very much reminds me of the movie “the Matrix”, but with a twist. Instead […]
The post How Much Time Do Americans Spend Plugged Into The Matrix Every Day? appeared first on The Economic Collapse.
If you believe that ignorance is bliss, you might not want to read this article. I am going to dispel the notion that there has been any sort of “economic recovery”, and I am going to show that we are much worse off than we were just prior to the last economic crisis. If you […]
The post 10 Charts Which Show We Are Much Worse Off Than Just Before The Last Economic Crisis appeared first on The Economic Collapse.
As Americans, we tend to be pretty full of ourselves, and this is especially true of our young people. But do we really have reason for such pride? According to a shocking new report from the Educational Testing Service, Americans between the ages of 20 and 34 are way behind young adults in other industrialized […]
Once upon a time, much of the state of California was a barren desert. And now, thanks to the worst drought in modern American history, much of the state is turning back into one. Scientists tell us that the 20th century was the wettest century that the state of California had seen in 1000 years. […]
The post California Is Turning Back Into A Desert And There Are No Contingency Plans appeared first on The Economic Collapse.
Can you imagine going to work each day knowing that there are lots of people out there that would love to see you dead? Despite what a lot of Americans may think, it takes real courage to be a police officer in this country today. Every time you put on that uniform and walk out […]
The post Why I Wouldn’t Want To Be A Police Officer In America Today appeared first on The Economic Collapse.
Just a few days ago, the bull market for the S&P 500 turned six years old. This six year period of time has been great for investors, but what comes next? On March 9th, 2009 the S&P 500 hit a low of 676.53. Since that day, it has risen more than 200 percent. As you […]
The post Guess What Happened The Last Two Times The S&P 500 Was Up More Than 200% In Six Years? appeared first on The Economic Collapse.
The Last, Great Run For The U.S. Dollar, The Death Of The Euro And 74 Trillion In Currency Derivatives At Risk
Are we on the verge of an unprecedented global currency crisis? On Tuesday, the euro briefly fell below $1.07 for the first time in almost a dozen years. And the U.S. dollar continues to surge against almost every other major global currency. The U.S. dollar index has now risen an astounding 23 percent in just […]
Is this the end of the last great run for the U.S. stock market? Are we witnessing classic “peaking behavior” that is similar to what occurred just before other major stock market crashes? Throughout 2014 and for the early stages of 2015, stocks have been on quite a tear. Even though the overall U.S. economy […]
The post 7 Signs That A Stock Market Peak Is Happening Right Now appeared first on The Economic Collapse.