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War On Cryptocurrencies: Wells Fargo, J.P. Morgan Chase, Bank of America, Citigroup And Capital One Have Banned Their Customers From Buying Bitcoin With Credit Cards

June 11, 2018 by Michael

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

A Yellow Alert Has Just Been Issued For 2 Major Volcanoes In North America

June 10, 2018June 10, 2018 by Michael

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

Why HBO’s Bill Maher Is Rooting For An Economic Collapse: “One Way You Get Rid Of Trump Is A Crashing Economy”

June 9, 2018June 9, 2018 by Michael

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

The Big Secret The Mainstream Media Doesn’t Want To Tell You About America’s Soaring Suicide Rates

June 8, 2018 by Michael

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

18 Times The Fed Has Gone Through A Rate Hiking Cycle, And 18 Times It Has Caused A Huge Stock Market Decline And/Or A Recession

June 8, 2018 by Michael

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

$28,166: What It Costs To Provide Health Care For An American Family Of Four For One Year

June 7, 2018 by Michael

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

When They Shall Say “Peace And Safety”: Polls Show Americans Are The Most Optimistic They Have Been In A Very Long Time

June 5, 2018June 5, 2018 by Michael

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

15 Signs That The Middle Class In The United States Is Being Systematically Destroyed

June 5, 2018 by Michael

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

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