Economic Collapse

Think Trump’s economy is booming? It’s a corporate debt bubble blowing up – RT’s Keiser Report
US Initial Jobless Claims have hit their lowest level since 1969, with consumer confidence reaching its highest in decades. Things are looking pretty good until you start discussing averages, says Mish Shedlock of MishTalk.com. [...]
Save
Soaring by $38,000 per second: US national debt now exceeds $21.5 trillion
The latest data from the US Treasury Department shows America’s gross national debt ballooned by $1.2 trillion to a breathtaking $21.52 trillion on September 28, the last day of fiscal year 2018. [...]
Save
We’ve Reached “Never Never Land” Accounting
There is good reason people are going to real assets. The U.S. government is “missing” $21 trillion between the DOD and HUD. This fact was uncovered by Fitts and economist Dr. Mark Skidmore last year. What was the government’s answer to this gigantic accounting fraud that is the size of the federal deficit? Give the government’s budgets basically classified national security status. [...]
Save
The Inevitable Collapse Of The U.S. Dollar – Prepare Yourself For Economic Collapse & Market CRASH!
The impending economic collapse is hidden from most. People only see a rising stock market, not the negative underlying factors that will cause a dollar collapse and a complete system crash. A dollar collapse is when the value of the U.S. dollar plummets. Anyone who holds dollar-denominated assets will sell them at any cost. When the dollar collapse occurs, these parties will demand assets deno [...]
Save
Economic Collapse Confirmed! $70 Trillion Dollar Dark Cloud Of Debt – Stock Market Crash 2018
The most incredible video of the coming Economic Collapse and the next Great Depression. Today, America is nearly 70 trillion dollars in debt, and that debt ... Economic Collapse Confirmed! $70 Trillion Dollar Dark Cloud Of Debt The Crash Is Coming! Prepare For Economic Collapse 2018 Stock Market Crash! Ron Paul: Economic progress under Trump is illusion, crash coming /* * [...]
Save
US national debt tops $21 trillion for first time ever
US national debt tops $21 trillion for first time ever About a year ago, US President Donald Trump pledged to eliminate the national debt “over a period of eight years.” Treasury data now shows the debt has surpassed the $21 trillion mark this week for the first time in history. Last month Trump signed a suspension on the federal debt limit, allowing the government to borrow an unlimited am [...]
Save
Skyrocketing US debt can’t be supported by dollar printing forever, crisis may be coming – analyst
Living with ever-growing debt, which has passed $21 trillion, has become a trademark of the US economy. RT asked an analyst how long this can continue without serious problems for the world’s largest economy. US Treasuries and US foreign debt have long been supported by the dollar-printing machine, and this support may be ending, according to TeleTradeBel analyst Mikhail Grachev. [...]
Save
US Collapse – the Spectacle of Our Time
May you live in interesting times, goes the Chinese proverb. Few can doubt that we are indeed living in such an interesting time. Big changes are afoot in the world, it seems. None more so than the collapsing of the American Empire. The US is going through an historic "correction" in the same way that the Soviet Union did some 30 years ago when the latter was confronted with the reality [...]
Save
Russophobia a futile bid to conceal US, European decline
It is an age-old statecraft technique to seek unity within a state by depicting an external enemy or threat. Russia is the bête noire again, as it was during the Cold War as part of the Soviet Union. But the truth is Western states are challenged by internal problems. Ironically, by denying their own internal democratic challenges, Western authorities are only hastening their institutional demis [...]
Save
Death of the Dollar ~ Winter Is Here – Truth Never Told [Video]
Schiff/Trotsky funded AntiFA-like protests and false flags in Russia exactly like what is now happening in the west before they murdered the Czar. Same thing in France before the French Revolution. You don’t need to be a genius to see this new Bolshevik revolution in all the White European Christian established nations today and Muslims and non adamic races are being used as an army. This [...]
Save
America’s Death Throes
China and Russia have already ditched the US dollar in their vast energy trade. Now China is leveraging Saudi Arabia to also abandon the greenback for oil sales. No wonder, it seems, that US policies are increasingly lashing out. US global power depends on its presumed economic prowess and military force. With its economy in long-term decline, precipitated by the teetering dollar, the US rulers [...]
Save
Poroshenko Leading Ukraine to ‘Palace Coup’ by ‘Playing Along With Radicals’
Ukrainian President Petro Poroshenko blamed Ukrainian radicals for Kiev having lost control over the situation in the eastern regions of Donbass. According to the Ukrainian leader, the blockade of Donbass by radicals risks plunging Ukraine into "anarchy" and violence. [...]
Save
The Hardening of Society and the Rise of Cultures of Cruelty in Neo-Fascist America
Dark Times are truly upon us. There will be an acceleration of acts of violence under the Trump administration and the conditions for eliminating this new stage of state violence will mean not only understanding the roots of neo-fascism in the United States, but also eliminating the economic, political, and cultural forces that produced it. [...]
Save
Chris Hedges Brace Yourself! The American Empire Is Over
Again an interview of Chris Hedges which goes back to 2013, but is above all interesting because Hedges explains how he moved from wanting to be a pastor to becoming a war reporter. He explains why he considers "liberals" have no direct contact with what they "prestend" to defend from afar. His first hand description of working directly with young people for whom violence was a way of life and his [...]
Save
Greece sells its national railway operator to Italy
Greece's national rail company TrainOSE has been sold to Italy's state railway group Ferrovie dello Stato (FS) for €45 million ($48.1 million). The sale is part of Greece’s €86 billion bailout agreed with international creditors two years ago. [...]
Save
American Empire: An Act of Collective Madness
AMERICAN EMPIRE is a documentary about the hidden forces that are controlling America and the world, and how it affects you, your children and your grandchildren. The best way to get the truth these days is not from the media. It’s from documentaries like this. In this gripping film people are willing to reveal information that is being withheld from the public. This film reveals the world as [...]
Save
Fear and Loathing in Ukraine
Despite favorable – even fawning – propaganda in Western media, the U.S./E.U.-backed regime in Ukraine tramples on traditional liberal values of tolerance and pluralism, notes James W Carden. The overnight train from Kiev to Slavyansk gives a passenger, if nothing else, ample time to read and think. On a return trip to war-torn eastern Ukraine in March, I took the opportunity the 13-hour jo [...]
Save
Ukraine fire sale: 60% discount for state assets
Kiev has announced a massive discount on the sale of state assets which have failed to find foreign buyers. Ukraine’s State Property Fund says all of the assets have been put up for sale more than 10 times and have found no takers. As a result, 22 of 34 state assets are now being put up for sale at a 60 percent discount, nine with a discount of 50 percent, and three are up for auction at a re [...]
Save
Ukraine’s economy minister dramatically resigns, citing covert corruption
Ukraine’s minister for economic development and trade, Aivaras Abromavicius, who is one of several foreign experts in the government who was brought in to help Kiev with reforms, has announced his resignation, citing corruption levels in the state. [...]
Save
EXCLUSIVE: The Secret Behind the Next Global Crash
The World Economic Forum in Davos is submerged by a tsunami of denials, and even non-denial denials, stating there won’t be a follow-up to the Crash of 2008. Yet there will be. And the stage is already set for it. Selected Persian Gulf traders, and that includes Westerners working in the Gulf confirm that Saudi Arabia is unloading at least $1 trillion in securities and crashing [...]
Save
Betting on the Wall Street Crash
The 2008 Wall Street crash resulted from a combination of unrestrained greed and political contempt for government regulators who might have prevented the devastation. In The Big Short, the tale is told from the perspective of a few players who saw the inevitable and made money on the crash, writes James DiEugenio. If you read Michael Lewis’s book The Big Short or see the movie by the same na [...]
Save
American nightmare: Rich, poor and middle-class no more
The US economy is generating breathtaking wealth for an elite minority of the population at the expense of millions of people now tumbling through the gaping cracks of the system. So why do we continue to watch the painful spectacle year after year? America’s once-glorified middle-class is on its way to being relegated to the history books; an artifact of a bygone era when good-paying jobs, c [...]
Save