Posts In Category

Economy

If nobody is working in one out of every five U.S. families, then how in the world can the unemployment rate be close to 5 percent as the Obama administration keeps insisting? The truth, of course, is that the U.S. economy is in far worse condition than we are being …

If you had to make a sudden visit to the emergency room, would you have enough money to pay for it without selling something or borrowing the funds from somewhere?  Most Americans may not realize this, but this is something that the Federal Reserve has actually been tracking for several …

The Dow closed above 18,000 on Monday for the first time since July.  Isn’t that great news?  I truly wish that it was.  If the Dow actually reflected economic reality, I could stop writing about “economic collapse” and start blogging about cats or football.  Unfortunately, the stock market and the …

At this point, despite major highs in U.S. stock markets and reassurances from no less than President of the United States himself that the economy is sound, one only need to look around to understand that we are on the cusp of what researcher and collapse strategist Michael Snyder of The Economic Collapse …

Those that were hoping for an “economic renaissance” in the United States got some more bad news this week.  It turns out that the U.S. economy is in significantly worse shape than the experts were projecting.  Retail sales unexpectedly declined in March, total business sales have fallen again, and the …

Yet another reason why taxes are going up,  cities and states are going broke, and the world is approaching financial implosion… As if the world needed another dangerous and volatile factor in the mix of looming economic downturn. Unfunded liabilities for pensions have been a problem for a while now, but …

The elite are fleeing major cities around the globe at a staggering rate.  In fact, the Chicago Tribune is reporting that approximately 3,000 millionaires left the city of Chicago alone during 2015.  The same study discussed in that Chicago Tribune article found that 7,000 millionaires left Paris, France last year.  So why is this happening?  Why …

Mainstream news outlets are already starting to use the phrase “economic collapse” to describe what is going on in some areas of our world right now.  For many Americans this may seem a bit strange, but the truth is that the worldwide economic slowdown that began during the second half …

With negative interest rates now the order of the day in much of the Western world, it’s only a matter of time before financial institutions start charging American depositors for the privilege of keeping their money safe in the U.S. banking system. And according to Keith Neumeyer in his latest interview with SGT …

With corporate earnings for the first quarter of 2016 set to be the worst since the Great Recession, Societe Generale economist Albert Edwards is warning that the United States is about to be hit with a tidal wave. A tidal wave is coming to the US economy, according to Albert Edwards, and when it …