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Michael Snyder: The U.S. economy is in a massive amount of trouble. There aren’t enough jobs. There isn’t enough money to go around. Business activity is slowing down again. Household wealth has been falling. Food prices have been rising. Many state and local governments Read more…
Michael Snyder: The cracks in the ice are getting bigger. At this point it is really hard to have much confidence in the global financial system at all. They told us that MF Global was an isolated incident. Well, the horrific financial scandal over at PFGBest is essentially Read more…
Michael Snyder: Global leaders have tried just about everything that they can think of, but the coming global financial catastrophe continues to march steadily Read more…
Dominique de Kevelioc de Bailleul: What Zerohedge stated is a “must watch 9 minutes of reality,” Dr. Doom Nouriel Roubini, Monday, broke the bad news about the global economy to Bloomberg News. That day, the day that everyone has been hoping to avoid Read more…
Michael Snyder: We always knew that the financial markets were rigged, but this is getting ridiculous. It is now being alleged that 20 major banks have been systematically fixing global interest rates for years. Barclays has already been fined Read more…
Michael Snyder: If you went out and took a poll of the American people on July 4th (Independence Day) and asked them if they are free, what would the results look like? Of course the results would be overwhelmingly lopsided. Most Americans believe Read more…
EconMatters: What a difference a year has made! About this time last year, the dollar seemed on the brink of disaster amid the debt ceiling debate at U.S. Congress. U.S. CDS spiked 430% in three months, and S&P downgraded the U.S. sovereign debt credit rating Read more…
Michael Snyder: The American Dream is being systematically destroyed right in front of our eyes and most Americans don’t even realize what is happening. In the old days, if you were a hard worker and you played by the rules you could always find a good job. Read more…
Michael Snyder: What is the biggest economic problem that the United States is facing? Very simply, our biggest problem is that we have way too much debt. Over the past Read more…
Dominique de Kevelioc de Bailleul: Gold and silver investors watching metals prices move back down near to the Dec. 29 lows of $1,523.90 and $26.15, respectively, should seriously consider accumulating the metals now. The ‘Big Reset’ of the global financial, slated Read more…
Michael Snyder: Yes, it is officially time to start freaking out about the global economy. The European financial system is falling apart and it is going to go down hard. If Europe was going Read more…
Larry Edelson: Martin and Larry here, with an urgent report on the next, explosive stage of the European crisis now unfolding before your eyes … Yesterday’s election in Greece is just one chapter in this saga. Read more…
Jeff Nielson: In Part I, we were presented with a mythical “Goldilocks economy”; a contrivance of propaganda where B.S. Bernanke attempted to portray the U.S.’s worsening economic collapse as representing some sort of Golden Age. Read more…
Dominique de Kevelioc de Bailleul: Commodities investor extraordinaire Jim Rogers of Rogers Holdings strongly suggests battening down the hatches, because the global economy is headed for the rocks, taking stocks with it. To protect wealth from a deepening of the mostly Western side of the global depression, Read more…
Jeff Nielson: Back in 2005, even prior to being named Chairman of the Federal Reserve, B.S. Bernanke uttered the first of his Three Great Lies: the U.S. had a “Goldilocks economy”; where markets would keep going higher and higher forever, and the dreaded “R” word (recession) Read more…
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