Economy

Report: This Major Internet Company Has Stockpiled Three Months of Food and $10 Million in Gold for Their Employees: “We Don’t Trust Wall Street”

While the world’s super elite prepare everything from stylish bunkers to emergency submarines, most couldn’t care less about their millions of employees should a widespread crisis strike financial markets or the economic system. There is, however, one notable…

Nothing Less Than Shock and Awe: “This Is a Perfect Storm for a Violent Gold Rally”

As stock markets skyrocketed to new highs, one particular asset remained off the radar of most investors. For the last several years, gold has been all but ignored by both Wall Street and Main Street. It’s been so…

Expert That Correctly Predicted Market Moves In July, August And September Says Stocks Will Crash In November

When someone is right over and over and over, eventually people start paying attention. Personally, I have learned to tune out the “forecasts” of most “economic experts” out there. As an attorney, I was trained to be skeptical,…

Goodbye Middle Class: 51 Percent Of All American Workers Make Less Than 30,000 Dollars A Year

We just got more evidence that the middle class in America is dying.  According to brand new numbers that were just released by the Social Security Administration, 51 percent of all workers in the United States make less…

Global Trade Is Collapsing As The Worldwide Economic Recession Deepens

When the global economy is doing well, the amount of stuff that is imported and exported around the world goes up, and when the global economy is in recession, the amount of stuff that is imported and exported…

This is a Tipping Point: Robots “Cheaper than Any Human Worker” Means the End of Jobs

Before future-history brings us a dark and grim reality pitted against a killer Terminator robot army, humanity will have to face job killing robots. And that may be the bloodiest period of human history, after unemployment leads to…

Highly Respected Economist Warns: “Hyperinflation Is On The Table… It Will Be Completely Uncontrollable”

Thibaut Lepouttre is a highly educated and well-respected economist from Belgium. But unlike many of his counterparts who often tow the line of mainstream politicians and financial pundits, he’s not one to sugarcoat the seriousness of the current…

This Is How Bad It Is: “The World Must Create 5 Million Jobs a Month Just to Prevent the Situation from Getting Worse”

As the quarterly earnings season heats up we are seeing massive cracks in the global economy. Most recently mega-retailer Walmart announced flat-lining sales and say that they expect earnings per share to collapse as much as 12% next…

Wal-Mart’s Worst Stock Crash In 27 Years Is Another Sign That The Economy Is Rapidly Falling Apart

Now that a major global recession has begun, you would expect major retailers like Wal-Mart to run into trouble as consumer spending dries up, and that is precisely what is happening. On Wednesday, shares of Wal-Mart experienced their…

The Numbers Say That A Major Global Recession Has Already Begun

The biggest bank in the western world has just come out and declared that the global economy is “already in a recession.”  According to British banking giant HSBC, global trade is down 8.4 percent so far this year,…

The Fed Just “Discovered” Another $2.7 TRILLION in Debt: “Quietly Boosted Total Credit”

The people of the United States, misled by its politicians, and plundered by its financial institutions, are swimming in so much debt that no one will probably ever grasp the truly staggering amount — if indeed it can…

Why Are The IMF, The UN, The BIS And Citibank All Warning That An Economic Crisis Could Be Imminent?

The warnings are getting louder.  Is anybody listening?  For months, I have been documenting on my website how the global financial system is absolutely primed for a crisis, and now some of the most important financial institutions in…

Global Financial Meltdown Coming? Clear Signs That The Great Derivatives Crisis Has Now Begun

Warren Buffett once referred to derivatives as “financial weapons of mass destruction,” and it was inevitable that they would begin to wreak havoc on our financial system at some point.  While things may seem somewhat calm on Wall…

Stock Market Crash October 2015? 9 Of The 16 Largest Crashes In History Have Come This Month

The worst stock market crashes in U.S. history have come during the month of October.  There is just something about this time of the year that seems to be conducive to financial panic.  For example, on October 28th,…

Right Now There Are 102.6 Million Working Age Americans That Do Not Have A Job

The federal government uses very carefully manipulated numbers to cover up the crushing economic depression that is going on in this nation. For the month of September, the federal government told us that 142,000 jobs were added to…

The Shocking Reality: This Chart Shows Just How Bad Unemployment Is Today Compared to The Great Depression

While the Obama administration and their mainstream surrogates maintain that the economy is growing at a booming pace, the reality of the situation is starkly different. According to a report from the Bureau of Labor Statistics some 94.6 million Americans…

Yes, This Is A Financial Crisis – 11 TRILLION Dollars In Stock Market Wealth Was Wiped Out In The 3rd Quarter

Did you know that 11 trillion dollars in global stock market wealth was wiped out during the third quarter of 2015?  When I was emailed this figure by a friend, I was stunned for a moment.  I knew…