theeconomiccollapseblog.com | Most of the worst financial panics in history have happened in the fall.  Just recall what happened in 1929, 1987 and 2008.  Well, September 2011 is about to begin and there are all kinds of signs that the financial world is about to hit the big red panic butt...

LAtimes | Updated numbers for the national debt are just out: It's now $14,639,000,000,000. When Barack Obama took the oath of office twice on Jan. 20, 2009, CBS' amazing number cruncher Mark Knoller reports, the national debt was $10,626,000,000,000. That means the debt that our federal governmen...

theeconomiccollapseblog.com | All over America tonight, millions of elderly Americans are wondering if their money is going to run out before it is time for them to die.  Those that are now past retirement age are not going to be rioting in the streets, but that doesn't mean that large numbers ...

endoftheamericandream.com | For decades, the U.S. economy was so dominant compared to the rest of the world that nobody really even challenged the status of the U.S. dollar as the reserve currency of the world.  But now that U.S. government debt has been downgraded, the U.S. dollar is showing s...

presscore.ca | It happened before and it is starting again. Government confiscating (stealing) the people’s life savings. Just like in 1929 the British government began its theft of the people’s life savings just before the Great Depression. After an inflationary run-up in prices and asset valu...

npr.org | When Standard & Poor's reduced the nation's credit rating from AAA to AA-plus, the United States suffered the first downgrade to its credit rating ever. S&P took this action despite the plan Congress passed this past week to raise the debt limit. The downgrade, S&P said, "refl...

ZeroHedge | Two weeks ago we presented a chart that shows the uncanny correlation between the debt ceiling and the price of gold. Now that we know the final amount of the next debt ceiling hike, somewhere in the $2.5 trillion ballpark, it allows us to extrapolate where gold will end up as a res...

endoftheamericandream | A one-time limited GAO audit of the Federal Reserve that was mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act has uncovered some eye-popping corruption at the Fed and the mainstream media is barely even covering it.  It turns out that the Federal...

theeconomiccollapseblog.com | Have you noticed that almost everyone seems really angry these days?  Frustration with the government and with most of the other major institutions in our society seems to grow by the day.  According to a brand new ABC News/Washington Post poll, 80 percent of ...

theeconomiccollapseblog.com | All over America, restlessness and frustration are growing. It has now been almost three years since the great financial crash of 2008, and yet the U.S. economy is still a complete and total mess.  In fact, there are all sorts of signs that things are about to get ...

Veteranstoday | For me, the “last straw” was John McCain’s paranoid blithering about Afghanistan.  He wants us to stay there forever.  Good, the “Hanoi  Songbird,” the real “Jane Fonda” has spoken, based on his heroic record.  For those of you who don’t know, the only thing that ...

bbc.co.uk | Will the US government default on its debt before Greece does? The fact that I can even pose the question tells you we live in peculiar times. With its next tranche of money from the IMF-EU bail-out now assured, we can say with some confidence that the Greek government will not default ...

WASHINGTON (Reuters) - The International Monetary Fund on Wednesday pressed U.S. lawmakers to quickly lift the government's borrowing limit to avoid a "severe shock" to global markets and a still-fragile economic recovery. In an annual review of the U.S. economy, the IMF said the key challenge for ...

theeconomiccollapseblog.com | The U.S. economy is like a rubber band that is being pulled in several different directions at the same time.  Everyone knows that at some point it is going to snap, but nobody is quite sure exactly when it is going to happen.  Right now, the state of the econ...

Zerohedge.com | Gold is mixed today after last week’s 2.4% fall. The short term trend remains negative but medium and long fundamentals remain supportive as do the very challenging and risky macro, sovereign debt and currency environment. Physical buying remains strong at the $1500 level with premiu...

theeconomiccollapse.com | Is the U.S. economy improving?  That is what Federal Reserve Chairman Ben Bernanke would have us believe.  Bernanke declared today that the "recovery appears to be proceeding at a moderate pace" and that everything is going pretty much as planned.  Sadly, the...

inflation.us | When the U.S. Bureau of Labor and Statistics (BLS) reported their latest consumer price index (CPI) inflation data last week, everybody in the mainstream media worked tirelessly to spin the data in order to proclaim that U.S. price inflation is not a problem. Most articles in the medi...

theeconomiccollapseblog.com | The rest of the world needs to sit up and take notice of what is going on in Greece right now.  This is what can happen when you allow government debt to spiral out of control.  Once it becomes clear that you can't pay your debts, a financial collapse can happ...

Dailykos.com | In the past 33 months, 446,000 Americans have been laid off from their state and local government jobs. In the third quarter that begins July 1, as many government entities begin their new fiscal year, the forecast says another 110,000 will lose their jobs. Though tax revenue is star...

/theeconomiccollapseblog.com/ | As the U.S. economy collapses, the thin veneer of civilization that we all take for granted is going to begin to disappear.  In fact, there are already an increasing number of signs that the collapse of society is accelerating.  In cities such as Chicago, ro...