By Jarrod Dennis – SurvivoPedia Never before in the history of the United States have so many top authorities agreed on one thing: the end of the US Dollar is almost here, and a global economic crisis will start in 2016. This is very, very clear. “Cash is trash.” – Robert Kiyosaki “Dollar is going down.”…
By Michael Snyder – The Economic Collapse Blog As bad as the month of January was for the global economy, the truth is that the rest of 2016 promises to be much worse. Layoffs are increasing at a pace that we haven’t seen since the last recession, major retailers are shutting down hundreds of locations,…
By Michael Snyder – The Economic Collapse Blog Did you know that 15 trillion dollars of global stock market wealth has been wiped out since last June? The worldwide financial crisis that began in the middle of last year is starting to spin wildly out of control. On Friday, the Dow plunged another 390 points,…
By Michael Snyder – The Economic Collapse Blog The Royal Bank of Scotland is telling clients that 2016 is going to be a “cataclysmic year” and that they should “sell everything”. This sounds like something that you might hear from The Economic Collapse Blog, but up until just recently you would have never expected to…
By Michael Snyder – The Economic Collapse Blog Did you know that there are 5 “too big to fail” banks in the United States that each have exposure to derivatives contracts that is in excess of 30 trillion dollars? Overall, the biggest U.S. banks collectively have more than 247 trillion dollars of exposure to derivatives…
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