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 Uh oh – here we go again. Do you remember the subprime mortgage meltdown during the last financial crisis? Well, now a similar thing is happening with auto loans. The auto industry has been doing better than many other areas of the economy in recent years, but…
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 – 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 – The Economic Collapse Blog Stock markets around the world continue to collapse as this new global financial crisis picks up more steam. In the U.S., the Dow lost 254 more points on Thursday, and it has now fallen for five days in a row. European stocks continued to get obliterated, and…
Source: Washington’s Blog – Submitted by Mike Krieger via Liberty Blitzkrieg blog First, let’s look at the improved fundamentals. Gold bugs will exasperatingly proclaim that fundamentals have been great for the past four years yet the price plunged anyway, so who cares about fundamentals? To this I would respond with two observations. First, large institutional investors and…
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 Never before have we seen a year start like this. On Monday, Chinese stocks crashed once again. The Shanghai Composite Index plummeted another 5.29 percent, and this comes on the heels of two historic single day crashes last week. All of this chaos over in China is…
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