What Do You Believe Is America’s Biggest Economic Problem?

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

“The World Has No Money, And The Emperor Has No Clothes”

Most of us are aware of the very old fairly tale by Hans Christian Andersen in which two weavers promise an emperor the finest suit of clothes imaginable, but from a fabric invisible to anyone who is unfit for his position or “just hopelessly stupid”.  Well, in the fairy tale it turns out that nobody wants to admit that … Read more

“Things Are Never Going To Get THAT Bad”

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

Is The World About To Experience A Devastating Economic Collapse?

Is the world about to experience an absolutely crippling economic collapse?  That is the conclusion that we have come to after years of research.  The truth is that the world economic system is essentially a mountain of debt based on paper money that is backed up by nothing.  History has shown that any economy based … Read more