By Mac Slavo – SHTFplan.com Mass unemployment. Loss of income. Heavy dependence on assistance. And the biggest strain on the system we can imagine. The United States is once again brought to the brink of collapse. Regardless of how dismissive mainstream voices are on the issue, it is clear that Americas is only a few…
By Michael Snyder – The Economic Collapse Blog Happy days are here again? On Friday, the mainstream media was buzzing with the news that the U.S. economy had added 255,000 jobs during the month of July. But as you will see below, the U.S. economy did not add 255,000 jobs during the month of July.…
By Michael Snyder – The Economic Collapse Blog If you think that Donald Trump already has the Republican nomination locked up, then you don’t understand what is going on behind the scenes. It has long been my contention that the elite will move heaven and earth in order to keep Trump from ever setting foot…
By Michael Snyder – The Economic Collapse Blog You are about to see undeniable evidence that the U.S. economy has been slowing down for quite some time. And it is vital that we focus on the facts, because all over the Internet you are going to find lots and lots of people that have opinions…
By Michael Snyder – The Economic Collapse Blog Ten years ago, a major Hollywood film entitled “Idiocracy” was released, and it was an excellent metaphor for what would happen to America over the course of the next decade. In the movie, an “average American” wakes up 500 years in the future only to discover that…
By Michael Snyder – The Economic Collapse Blog Exports fell precipitously during the last two recessions, and now it is happening again. So how in the world can anyone make the claim that the U.S. economy is in good shape? On my website I have been repeatedly pointing out the parallels between the last two…
By Michael Snyder – The Economic Collapse Blog When one of our major politicians gets something exactly right, we should applaud them for it. In this case, Donald Trump’s call to audit the Federal Reserve is dead on correct. Most Americans don’t realize this, but the Federal Reserve has far more power over the economy…
By Michael Snyder – End Of The American Dream Did you know that there are more than 1.8 trillion dollars worth of junk bonds outstanding in the United States alone? With interest rates at record lows all over the world in recent years, investors that were starving for a decent return poured hundreds of billions…
By Michael Snyder – End Of The American Dream Did you know that the top 1% has more wealth than the rest of the planet combined? And just 62 ultra-wealthy members of the elite have as much money as the poorest 3.5 billion people on the entire planet. These brand new numbers come from a…
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…
