Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
With each passing news cycle, it seems like the economic headlines just keep getting worse. And unfortunately, the highly integrated global economy that we have constructed means that what happens on one side of the world is going to very likely have a big impact on the other side of the world. A meltdown in … Read more
Today, more Americans than ever are absolutely convinced that we are headed for an economic collapse. After all, it doesn’t take an advanced degree in economics to understand that American consumers, American businesses, local governments, state governments and the U.S. federal government are all drowning in debt. It would be hard enough to deal with all of this … Read more
If you watch any mainstream news program these days, it is almost a certainty that someone will mention the word “recession” before a half hour passes. In fact, it seems like almost everyone is either predicting that we are going into a recession, or they are warning of the need to avoid a recession or … Read more
Everyone knows that the United States is bleeding jobs. According to one new study, the private sector in the United States has lost 10.5 million jobs since 2007. The U.S. economy lost 125,000 more jobs during the month of June. Approximately a million frustrated American workers have simply dropped out of the employment market altogether over the past … Read more
Our world is changing at a pace that is so staggering these days that it can be really hard to fully grasp the significance of what we are witnessing. Hopefully the collection of random facts below will help you to “connect the dots” just a little bit. On one level, the facts below may not … Read more
As each day passes, war in the Middle East seems increasingly likely. The truth is that Israel will never allow Iran to develop nuclear weapons, and Iran is absolutely determined to continue developing a nuclear program. So right now Israel and Iran are engaged in a really bizarre game of “nuclear chicken” and neither side … Read more
As violent protests erupted outside, the leaders of the world’s largest economies plotted the future course of the global economy at this weekend’s G20 summit. So what was decided? Well, according to various reports in the mainstream media, it was the “deficit hawks” who got their way. Apparently the consensus of the G20 meetings was that a round … Read more
Today there are literally dozens of major threats to the U.S. economy. Each one of these threats alone could cause a major economic implosion. The Gulf of Mexico oil spill, the derivatives bubble, the housing crisis, the exploding U.S. national debt and the burgeoning European debt crisis all threaten to push the struggling U.S. economy … Read more