This week, the U.S. national debt reached the 23 trillion dollar mark for the first time ever.  There was no fanfare, there were no politicians giving speeches about fiscal responsibility, and there has been very little national outrage.  We have simply come to accept that it is “normal” for our …

For those who have not understood why many of the founding fathers opposed a central bank, Llewellyn H. Rockwell, Jr. at the Mises Institute provides the very demonstrable examples in our own land to show how they go hand in hand with endless, illegal wars. How Central Banks Fund Our …

There should no longer be any doubt that the U.S. economy is slowing down, but most Americans still don’t realize what is happening because the major news networks are completely focused on the endless impeachment drama that is currently playing out in Washington.  And without a doubt that is important, because it …

The United States’ economic situation has been a bumpy and precarious road for the past several months.  But it’s about to get even bumpier.  This week’s reports will likely show that the U.S. economy is deteriorating. The effects of the economically devastating trade war are about to show up, according to …

Why do you believe what you believe?  Some people have a really solid answer to that question, but much of the population never thinks much about deeper questions such as this.  In fact, for most Americans, it is simply easier to let others do their thinking for them.  Today, most …

Most Americans don’t realize it yet, but in just a few weeks we will witness one of the most critical moments in American history.  Right now the Democrats in the House of Representatives are drafting articles of impeachment, and it is expected that there will be a vote by the …

The Chinese never intended to make a deal, and now they are publicly admitting it.  For months, I have been warning readers of The Economic Collapse Blog that a comprehensive trade deal with China will not happen before the 2020 presidential election, and the reason why this is the case is …

Are we about to see U.S. financial markets go crazy?  That is what Goldman Sachs seems to think, and it certainly wouldn’t be the first time that great financial chaos has been unleashed during the month of October.  When the stock market crashed in October 1929, it started the worst …

What in the world is the Federal Reserve doing?  For months the Fed has been trying to publicly convince us that the U.S. economy is “strong”, and Fed Chair Jerome Powell recently unequivocally stated that “the Federal Reserve is not currently forecasting a recession”, but the Fed’s actions tell a completely …

President Donald Trump has tweeted his support for zero or lower interest rates in the wake of a massive and crippling national debt. Not only is that a raw deal for those Americans who have saved up for an emergency, but it’ll help little in the face of the monstrous …