Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Every time the mainstream media touts some “wonderful new economic numbers” I just want to cringe. Yes, it is true that the economic numbers have gotten slightly better since Donald Trump entered the White House, but the rosy economic picture that the mainstream media is constantly painting for all of us is completely absurd. As … Read more
A war on cryptocurrencies such as Bitcoin, Ethereum, Ripple and Litecoin has begun, and it threatens to destroy the entire cryptocurrency industry. If you think that I am exaggerating, just keep reading. Government agencies are cracking down hard, Bitcoin traders that don’t file the proper paperwork are being sent to prison, Facebook and other online … Read more
Massive eruptions of Hawaii’s Kilauea volcano and Guatemala’s Fuego volcano have captivated the entire world in recent days, and now it looks like even more volcanoes are starting to wake up. In fact, yellow alerts were just issued for Mexico’s Mt. Popocatepetl and Alaska’s Great Sitkin volcano. Mt. Popocatepetl and Great Sitkin both sit along … Read more
How many others among the elite are thinking the exact same thing that Bill Maher is thinking? For more than a year, special counsel Robert Mueller’s investigation has been the focus for those that have wanted to get rid of President Trump, but at this point it has become obvious that Mueller’s investigation is going … Read more
This week two celebrity suicides rocked the nation, and neither of them seemed to make any sense. Kate Spade’s handbag designs had taken the fashion world by storm, and she was supposedly living the kind of lifestyle that millions of Americans can only dream about. And Anthony Bourdain was one of those rare journalists that … Read more
Since 1913, the Federal Reserve has engaged in 18 distinct interest rate hiking campaigns, and in every single one of those instances the end result was a large stock market decline, a recession, or both. Now we are in the 19th rate tightening cycle since 1913, but many of the experts are insisting that things … Read more
One of the primary reasons why the middle class in America is disappearing so rapidly is because of skyrocketing health care costs. Families all over the country are being absolutely crushed by extremely high health insurance premiums, ridiculously high deductibles and very large out-of-pocket expenses that were not anticipated. In fact, medical bills are the … Read more
By a very wide margin, this is the most optimistic that Americans have been about the future since I started The Economic Collapse Blog in late 2009. Even though the middle class is shrinking, 102 million working age Americans do not have a job, and we are now 21 trillion dollars in debt, most people … Read more