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Economic Collapse

 

theeconomiccollapseblog.com | Bill Gross, the manager of the biggest bond fund in the world, has forgotten more about bonds than most of us will ever learn. That is why the big move that PIMCO has just made is so unsettling.  At one time PIMCO held more U.S. government debt than any other bond ...
endoftheamericandream.co | Haven't you heard?  The coming economic collapse has officially been canceled.  The U.S. economy is in full recovery mode.  It has just been announced that the U.S. unemployment rate fell to 8.9% in February.  That was the third monthly decline in a row...
theeconomiccollapseblog.com | Despite what Federal Reserve Chairman Ben Bernanke says, rampant inflation is officially here.  The federal government is constantly monkeying with the numbers to keep the "official" rate of inflation below 2 percent, but it is becoming very difficult to deny that ...
theeconomiccollapseblog.com | From now on, whenever you hear the term "the global economy" you should immediately equate it with the destruction of the U.S. middle class.  Over the past several decades, the American economy has been slowly but surely merged into the emerging one world economic ...
close half of schools to end deficit Jennifer Chambers / The Detroit News detnews.com | Lansing— Swift and severe changes are coming to Detroit Public Schools. State education officials have ordered Robert Bobb to immediately implement a financial restructuring plan that balances the district's b...
theeconomiccollapseblog.com | Have you heard the news?  The stock market is absolutely soaring and according to the U.S. government and the Federal Reserve we are in the beginning stages of a robust economic recovery.  Yippee!  The S&P 500 is up 6.8 percent so far in 2011, and the...
endoftheamericandream.com | Is the world approaching a devastating global economic meltdown?  Right now there are a large number of factors that are creating economic stress points all over the globe.  All of the crazy money printing that the Federal Reserve and other central banks have be...
theeconomiccollapseblog.com | The 10 economic charts that you are about to see are completely and totally shocking.  If you know anyone that still does not believe that the United States is in the midst of a long-term economic decline, just show them these charts.  Sometimes you can quote ...
yahoo.com | A South Carolina state politician wants the state to develop its own gold and silver-based currency in case the Federal Reserve collapses and hyper-inflation ensues. "If folks lose faith in the dollar, we need to have some kind of backup," State Sen. Lee Bright told the Spartanburg Hera...
theeconomiccollapseblog.com | Is Barack Obama trying to play a joke on all of us?  The budget that the Obama administration has submitted for fiscal 2012 is so out of touch with reality that it may as well be a budget for "Narnia", "Fantasy Island", "Atlantis" or some other mythical land. ...
washingtontimes.com | President Obama projects that the gross federal debt will top $15 trillion this year, officially equalling the size of the entire U.S. economy, and will jump to nearly $21 trillion in five years’ time. Amid the other staggering numbers in the budget Mr. Obama sent to Congress ...
theeconomiccollapseblog.com | Once upon a time, the United States was the greatest industrial powerhouse that the world has ever seen.  Our immense economic machinery was the envy of the rest of the globe and it provided the foundation for the largest and most vibrant middle class in the histor...
Robin Hood Is Dead (Featured Article)
truth-out.org | The streets of Cairo were alive with jubilation on Friday after the announcement that Hosni Mubarak had finally surrendered to the inevitable and lit out of town. After more than two weeks of protest, tension and sheer grit, the deal went down and the air rang with shouts of victorio...
NEW YORK (CNNMoney) -- When the dust settles, the federal bailout of Fannie Mae and Freddie Mac will be the most expensive government rescue of the financial crisis -- it already stands at $153 billion and counting. Even as the Obama administration unveiled its plan for reforming the firms, experts...
rightsidenews.com | Secret China war plan: trillions in U.S. debt ... Yes, Americans love war. Yes, wars cost money. And pile on debt, new taxes ... Back in the ‘40s, WWII consumed 57% of our GDP. Today, war eats up about half America's budget. We're sinking under Iraq war debt. Nobel economist Jose...
NEW YORK (CNNMoney) -- The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world's reserve currency. The IMF said Special Drawing Rights, or SDRs, could help stabilize the global financial system.   cnnad_createAdNoTileId("68...
endoftheamericandream.com | The more you read the news today the more likely you are to get really mad.  The world is becoming an incredibly crazy place, and at times the amount of bad news that is coming out can seem almost overwhelming.  Everywhere you look, the poor are being oppressed,...
endoftheamericandream.com | Wasn't the Super Bowl wonderful this year?  Congratulations to the Green Bay Packers!  It is amazing how much money people will spend to attend this game each year.  Just a few hours before kickoff, some tickets were selling for over $4000 a seat.  Not...
globalresearch.ca | While the great majority of the American population is suffering from the consequences of mass unemployment, pay-cutting, record foreclosures, and ruthless cuts to all forms of social spending, America’s corporate elite are flush with record pay and profits.   According to...
inflation.us | The rioting and looting currently taking place in Egypt is primarily a result of massive food inflation and shows what all major cities in the United States will likely look like come year 2015 due to the Federal Reserve's zero percent interest rates and quantitative easing to infinit...
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