Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
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
If your family is really struggling right now, you are far from alone. I have been publishing The Economic Collapse Blog for more than eight years, and all throughout that time I have seen the middle class in America get smaller and smaller and smaller. It is almost as if we are all playing a … Read more
What is causing our planet to shake so violently all of a sudden? Rivers of lava have been pouring out of the Kilauea Volcano in Hawaii for weeks, a massive eruption of Mount Merapi just a few days ago shot volcanic ash 38,000 feet into the air, and now rivers of lava are pouring out … Read more
Don’t get too excited about the “good employment numbers” that you are hearing about from the mainstream media. The truth is that they actually aren’t very good at all. For years, the federal government has been taking numbers out of one category and putting them into another category and calling it “progress”, and in this … Read more
All of a sudden, the mainstream media is starting to sound a lot like The Economic Collapse Blog. Throughout the Obama years, the mainstream media in the United States always seemed extremely hesitant to suggest that difficult economic times may be ahead, but now talk of “another global financial crisis” seems to be all over … Read more