economics

De-Dollarization: Russia Is On The Verge Of Dealing A Massive Blow To The Petrodollar

De-Dollarization: Russia Is On The Verge Of Dealing A Massive Blow To The Petrodollar
May 16, 2014 No Comments »

Michael Snyder Economic Collapse Is the petrodollar monopoly about to be shattered?  When U.S. politicians started slapping economic sanctions on Russia, they probably never even imagined that there might be serious consequences for the United States. Image: U.S. Dollar (Wiki ... Read More »

The “Economic Recovery” Continues: Businesses Are Being Destroyed Faster Than They Are Being Created

The “Economic Recovery” Continues: Businesses Are Being Destroyed Faster Than They Are Being Created
May 8, 2014 No Comments »

Michael Snyder The Economic Collapse What would you say about an economy where businesses are shutting down faster than they are opening? Well, a shocking new study released by the Brookings Institution indicates that this is exactly what is happening ... Read More »

Why USA is No Longer Number One

Why USA is No Longer Number One
May 7, 2014 No Comments »

Ron Paul Infowars.com Last week World Bank economists predicted that China would soon displace the United States as the world’s largest economy. The fact that this one-time economic basket case is now positioned to surpass the US is one more ... Read More »

The Number Of Working Age Americans Without A Job Has Risen By 27 MILLION Since 2000

The Number Of Working Age Americans Without A Job Has Risen By 27 MILLION Since 2000
May 5, 2014 No Comments »

Michael Snyder The Economic Collapse Did you know that there are nearly 102 million working age Americans that do not have a job right now? Image: American Unemployment (Wiki Commons). And20 percent of all families in the United States do ... Read More »

Ag Census points to fewer U.S. farms

Ag Census points to fewer U.S. farms
May 4, 2014 No Comments »

by Grant Gerlock, NET News/Harvest Public Media Photo courtesy of Martin Liebermann/Flickr The number of farms in the U.S. is shrinking, according to the latest Census of Agriculture, released Friday. The census is taken every five years and shows the ... Read More »

Big Banks Started Laundering Massive Sums of Drug Money In the 1980s … And Are Still Doing It Today

Big Banks Started Laundering Massive Sums of Drug Money In the 1980s … And Are Still Doing It Today
May 2, 2014 No Comments »

Washington’s Blog It has become mainstream news that at least some of the big banks are  laundering staggering sums of drug money. See this, this, this, this, this, this and and this. But you may not know the scope or history of the problem. Official statistics show that huge ... Read More »

17 Facts To Show To Anyone That Believes That The U.S. Economy Is Just Fine

17 Facts To Show To Anyone That Believes That The U.S. Economy Is Just Fine
May 1, 2014 No Comments »

Michael Snyder Economic Collapse No, the economy is most definitely not “recovering”.  Despite what you may hear from the politicians and from the mainstream media, the truth is that the U.S. economy is in far worse shape than it was ... Read More »

The Real Unemployment Rate: In 20% Of American Families, EVERYONE Is Unemployed

The Real Unemployment Rate: In 20% Of American Families, EVERYONE Is Unemployed
April 30, 2014 No Comments »

Michael Snyder American Dream According to shocking new numbers that were just released by the Bureau of Labor Statistics, 20 percent of American families do not have a single person that is working. Image: Family (YouTube). So when someone tries to ... Read More »

The Biggest Secret About Banking Has Just Gone Mainstream

The Biggest Secret About Banking Has Just Gone Mainstream
April 29, 2014 1 Comment »

Washington’s Blog We’ve pointed out for 4 1/2 years that banks create money out of thin air. Specifically, it has now been conclusively proven that loans come first … and then deposits FOLLOW. This is the most important secret about modern banking … because ... Read More »

Is The US Military Preparing For The Collapse Of The Dollar?

Is The US Military Preparing For The Collapse Of The Dollar?
April 25, 2014 No Comments »

Zero Hedge It almost happened in 2008… but as this excerpt from Casey Research’s Meltdown America documentary notes, it appears the US military is preparing for the potential collapse of the US dollar. As Scott Taylor warns, “…if the carrot (of credit worthiness) ... Read More »

MoneyGram, Western Union and the African Money Transfer Scam

MoneyGram, Western Union and the African Money Transfer Scam
April 23, 2014 No Comments »

By Pratap Chatterjee Dahabshiil, a Somali money transfer company, has won a temporary reprieve from Barclays, the last major bank to allow remittances to Somalia. The agreement comes just as a new report estimates that African expatriates lose $1.8 billion a ... Read More »

World Bank Whistleblower Reveals How The Global Elite Rules The World

World Bank Whistleblower Reveals How The Global Elite Rules The World
April 22, 2014 No Comments »

By Michael Snyder Karen Hudes is a graduate of Yale Law School and she worked in the legal department of the World Bank for more than 20 years.  In fact, when she was fired for blowing the whistle on corruption ... Read More »

Rapidly rising food costs sting at supermarket

Rapidly rising food costs sting at supermarket
April 21, 2014 No Comments »

Behind the cornucopia of higher food prices By John W. Schoen Alert shoppers are accustomed to watching food prices go up and down. But a string of forces—from droughts to diseases—is raising the cost of a trip to the grocery ... Read More »

Bankers are Behind the Wars

Bankers are Behind the Wars
April 20, 2014 No Comments »

All Wars Are Bankers’ Wars Former managing director of Goldman Sachs – and head of the international analytics group at Bear Stearns in London (Nomi Prins) –  notes: Throughout the century that I examined, which began with the Panic of ... Read More »

Two More Victims Of The Retail Apocalypse: Family Dollar And Coldwater Creek

Two More Victims Of The Retail Apocalypse: Family Dollar And Coldwater Creek
April 19, 2014 No Comments »

Michael Snyder The Economic Collapse Did you know that Family Dollar is closing 370 stores? When I learned of this, I was quite stunned. I knew that retailers that serve the middle class were really struggling right now, but I ... Read More »

This Chart Shows Us How Bad The Economy Really Is: “Flashing Red Warning”

This Chart Shows Us How Bad The Economy Really Is: “Flashing Red Warning”
April 16, 2014 No Comments »

Mac Slavo SHTFPlan.com Recent weeks have led to a fairly significant drop in stock valuations, with many expert analysts struggling to figure out exactly why it’s happening. You’ll hear them cite the weather, or market overreaction, or any number of ... Read More »

Turns Out, Even The Price of Beer Is Rigged

Turns Out, Even The Price of Beer Is Rigged
April 4, 2014 No Comments »

Everything is rigged. That’s what we have found out over the last two years. Stock markets, forex, interest rates, the price of gold, silver, oil, aluminum…. After battling that rigged world all day, you finally get home or rest your ... Read More »

Venezuela Enforces Fingerprint Registry to Buy Groceries

Venezuela Enforces Fingerprint Registry to Buy Groceries
April 3, 2014 No Comments »

What to Do Before Rationing Starts in America Daisy Luther  The Organic Prepper What if you were forced to “register” in order to buy groceries? And what if, through that registration, the food you bought could be tracked and quantities ... Read More »

Deflation Causes Europe to Run Out of Other People’s Money

Deflation Causes Europe to Run Out of Other People’s Money
April 1, 2014 No Comments »

by Chriss W. Street Margaret Thatcher famously commented on the European welfare state spending, “The problem with socialism is that eventually you run out of other people’s money” to spend. European elites are panicking over a report in the Financial ... Read More »

Do Not Make Fun Of Those That Have Fallen Out Of The Middle Class – You Could Be Next

Do Not Make Fun Of Those That Have Fallen Out Of The Middle Class – You Could Be Next
March 22, 2014 No Comments »

Michael Snyder The Economic Collapse March 21, 2014 There are millions of American families that once lived very comfortable middle class lifestyles that have lost it all.  When you are unemployed and you can’t find a decent job, it can ... Read More »