Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Everywhere you turn in the financial media right now you see some “expert” declaring that the Greek debt crisis has become a “contagion” which is going to spread all over the globe and which could potentially bring down the entire world economy. Now certainly Greece has badly mismanaged their finances for decades, and without a … Read more
For decades, the U.S. dollar has been the reserve currency of the world. This has given the United States an extraordinary amount of economic power, but as the U.S. economy has started to come apart over the past decade, other nations have increasingly sought to move away from the U.S. dollar and find other alternatives. … Read more
Most people around the globe think of America as a great “capitalist” economic machine, but the truth is that the U.S. financial system is essentially one massive betting parlor at this point. In fact, there has been a whole lot of easy money made in this betting parlor over the past several years by our … Read more
At a time when the American economy is already reeling like a drunken sailor, the United States is being hit by what seems like an endless parade of horrible disasters that threaten to push the fragile financial system over the edge. The massive oil spill in the Gulf of Mexico that is now destroying not only … Read more
Up to this point, it seems as though most Americans have not really been too concerned about the financial meltdown that is taking place in Greece. But they should be. The truth is that the debt crisis we see playing out in Greece may soon repeat itself in some of the largest nations in the world such as Japan, … Read more
Our recent article, “20 Things You Will Need To Survive When The Economy Collapses And The Next Great Depression Begins“, has drawn some intense criticism from those who believe that the U.S. economy is so strong that it could never completely and totally collapse. In fact, this blog is being accused of officially going off … Read more
Today financial power is being concentrated in the hands of fewer and fewer individuals. In fact, the six biggest banks in the United States now possess assets equivalent to 60 percent of America’s gross national product. Back in the 1990s that figure was less than 20 percent. These six banks – Goldman Sachs, Morgan Stanley, … Read more
A long time ago, in an America now far, far away, the majority of the American people owned the land that they live on. The term “my land” actually meant something back then. But today that has fundamentally changed. Now the majority of the American people owe on the land that they live on. In … Read more