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Keyword: collapse

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  • America to Collapse As Dollar Dies: “You Cannot Stop What Is Coming…

    10/07/2015 10:20:56 AM PDT · by amorphous · 59 replies
    SHTF Plan ^ | 7 Oct 2015 | Mac Slavo
    A collapse is coming… but not as quickly as many are expecting. There are many people high up in the power structure who not only see an end to the dollar coming soon, but an economic collapse that could trigger the death of tens of millions of Americans – rendered vulnerable by the lack of services and the stopping of checks, and harmed by the resulting looting, starvation and violence that is likely to occur. According to an anonymous source who claims to have high level insider sources, everything from the power grid to the grocery store, to the government...
  • Stage backdrop COLLAPSES on Carly Fiorina in front of screaming crowd but she brushes it off...jokes

    09/27/2015 7:19:20 PM PDT · by sheikdetailfeather · 69 replies
    Daily Mail ^ | 9-27-2015 | Chris Pleasance
    Carly Fiorina narrowly escaped injury this evening after a stage backdrop collapsed on her during a campaign event in San Antonio, Texas. Fiorina, who is ranked third in the Republican Presidential nomination race alongside Marco Rubio, was taking part in a Q&A session for female business owners when the accident happened. Midway through the event at the Marriott Hotel, the stage backdrop, made up of curtains held in place with metal poles, dropped forward to cries from the crowd.
  • China shares lead losses in Asia on growth fears (Shanghai Composite loses 3.55% overnight)

    09/15/2015 2:41:29 AM PDT · by SkyPilot · 2 replies
    CNBC ^ | 15 Sep 15 | Staff
    <p>Chinese shares took another tumble on Tuesday amid persisting worries about the health of the world's second-biggest economy.</p> <p>Other bourses in the region also wobbled as cautious sentiment prevailed ahead of the Federal Reserve's highly-anticipated meeting, alongside other risk events such as a sudden leadership change down under.</p>
  • Hillary addresses a virtually empty room during campaign stop in Ohio

    09/10/2015 11:53:58 PM PDT · by InMemoriam · 27 replies
    Daily Mail ^ | September 10, 2015 | Wills Robinson
    Hillary Clinton made a campaign stop in the crucial swing state of Ohio on Thursday. But it seems the hall she spoke in was mostly empty. The Democratic presidential hopeful arrived in downtown Columbus to talk about women's issues, but only around 200 people showed up. The modest-sized ballroom was half empty for her event, with supporters herded into a cordoned-off area to give the impression of a packed crowd. While pictures taken at the 'Women for Hillary' event show her smiling and giving a thumbs up to those in the crowd, others, including The Washington Post's Karen Tumulty, captured...
  • 698K Native-Born Americans Lost Their Job In August

    09/07/2015 4:55:41 PM PDT · by SkyPilot · 36 replies
    Zero Hedge and Drudge ^ | 7 Sep 15 | Tyler Durden
    698K Native-Born Americans Lost Their Job In August: Why This Suddenly Is The Most Important Jobs Chart After the Fed admitted over a year ago that the US unemployment rate (which in 2012 was supposed to be a rate hike "threshold" once it hit 6.5% and is now at 5.1%) has become irrelevant in a country where a record 94 million people have left the labor force, and with the Fed poised to hike rates even though US hourly wages have not only not increased for the past 7 years, but for the vast majority of the labor force continue...
  • Second Largest US Pension Fund To Sell 12% Of Stocks Holdings In Advance Of "Another Downturn"

    09/05/2015 8:03:02 PM PDT · by SkyPilot · 9 replies
    Zero Hedge ^ | Submitted by Tyler Durden on 09/02/2015 17:49 -0400 | Tyler Durden
    While many continue to debate if what with every passing day increasingly looks like a global recession, one from which the US will not decouple no matter how many "virtual portfolio" asset managers claim the contrary, there are those who without much fanfare are already taking proactive steps to avoid the kind of fallout that the markets have hinted in the past month of trading, is inevitable. Some such as Calstrs: the nation's second largest pension fund with $191 billion in assets (smaller only than Calpers), which as the WSJ reports is "considering a significant shift away from some stocks...
  • Vladimir Putin seeks to dump the dollar in regional trade

    09/02/2015 12:46:19 PM PDT · by Tolerance Sucks Rocks · 22 replies
    The Washington Times ^ | September 1, 2015 | David R. Sands
    Russian President Vladimir Putin has a new target in the revived cold war with Washington — the U.S. dollar. The website Russia Today* reported Tuesday that Mr. Putin has drafted a bill to block the use of both the American greenback and the euro in trade between the bloc of countries that used to be part of the Soviet Union, including Russia, Armenia, Belarus, Kazakhstan and Tajikistan. The measure “would help expand the use of national currencies in foreign trade payments and financial services and thus create preconditions for greater liquidity of domestic currency markets,” the Kremlin said in a...
  • How farmers from rural China bet on the stock market and lost

    08/30/2015 7:02:14 AM PDT · by SkyPilot · 18 replies
    The Washington Post ^ | 29 Aug 15 | Emily Rauhala
    Nobody has seen the village chief. Just months ago, his courtyard home at the edge of the orchard was a makeshift trading floor where local farmers gathered to share tips and track the Shanghai Composite. Now, the gates are closed, a security camera stands watch, and nobody wants to talk about the stock-trading local party secretary. “Out for the whole day,” ventured a neighbor. “Who?” said another. “Maybe he flew away in a plane,” joked a third. It is a scene playing out across China. This spring, the country was gripped by stock fever, a frenzy of borrowing and...
  • It Is Time To Kick Prepping Into Overdrive, Because This Stock Market Crash Is Just The Beginning

    08/25/2015 6:54:50 PM PDT · by SkyPilot · 114 replies
    News with Views, End of the American Dream ^ | 24 Aug 15 | Chuck Baldwin, Michael Snyder
    If you have not been preparing for what is coming, you need to get off your sofa and you need to start prepping right now. Just remember what happened back in 2008. That crisis took most people totally by surprise. Millions of Americans lost their jobs, and because most of them were living paycheck to paycheck, all of a sudden most of them couldn’t pay the rent or the mortgage either. Large numbers of families that were once living a comfortable middle class lifestyle suddenly found themselves destitute. Well, this coming crisis is going to be even worse by...
  • Dow, Nasdaq plunge 3% into correction

    08/21/2015 1:18:44 PM PDT · by SkyPilot · 64 replies
    CNBC ^ | 21 Aug 15 | Evelyn Cheng
    U.S. stocks closed deep in the red on Friday as global growth concerns accelerated selling pressure to push the Dow into correction territory. The Dow Jones industrial average closed at session lows, off 531 points and in correction territory for the first time since 2011 as all blue chips declined. The last time the index closed more than 500 points lower was on Aug. 10, 2011. In the last five years, the index has only had four instances with closing losses of more than 400 points. "For investors the momentum and the drive of the market is now lower (than)...
  • S&P erases gains for year as stocks plunge 2% on Fed, growth concerns

    08/20/2015 5:18:45 PM PDT · by SkyPilot · 31 replies
    CNBC ^ | 20 Aug 15 | CNBC staff
    U.S. stocks closed near session lows on Thursday, off more than 2 percent, as investors weighed continued uncertainty about the timing of a rate hike and concerns about global growth headed by slowing in China. The S&P 500 and Dow Jones industrial average both had their worst day since Feb. 3, 2014. "I think the markets are overly pessimistic," said Anthony Valeri, investment strategist at LPL Financial. "I think this sentiment is panicking over news from China, the Fed (and) oil at six-year lows." Weakening in emerging market currencies on the heels of China's yuan devaluation last week added to...
  • Big Stocks Are Last Hope for a Decaying Market

    08/19/2015 7:42:30 PM PDT · by SkyPilot · 23 replies
    Barron's ^ | 19 Aug 15 | stocks, economy, collapse, markets
    Big Stocks Are Last Hope for a Decaying Market The Nasdaq is a “dead man walking,” small-caps are weak, more stocks are falling than rising in the S&P 500. When considering stock performance, most analysts and money managers – and certainly retail investors – focus on the twists and turns of the benchmark Standard & Poor’s 500 index. Beat the S&P 500 and collect a nice check for your investing acumen. In today’s market this index is even more important, because it is now the last man standing. I say that even though the Nasdaq is officially in a rising...
  • 12 Signs That An Imminent Global Financial Crash Has Become Even More Likely

    08/16/2015 4:24:40 AM PDT · by SkyPilot · 49 replies
    Economic Collapse ^ | 11 Aug 15 | Michael Snyder
    Did you see what just happened? The devaluation of the yuan by China triggered the largest one day drop for that currency in the modern era. This caused other global currencies to crash relative to the U.S. dollar, the price of oil hit a six year low, and stock markets all over the world were rattled. The Dow fell 212 points on Tuesday, and Apple stock plummeted another 5 percent. As we hurtle toward the absolutely critical months of September and October, the unraveling of the global financial system is beginning to accelerate. At this point, it is not...
  • China Devalues Its Currency as Economic Slowdown Raises Concerns

    08/11/2015 3:04:44 AM PDT · by SkyPilot · 24 replies
    The New York Times ^ | 10 Aug 15 | NEIL GOUGH and KEITH BRADSHERAUG
    As China contends with an economic slowdown and a stock market slump, the authorities on Tuesday sharply devalued the country’s currency, the renminbi, a move that could raise geopolitical tensions and weigh on growth elsewhere. The central bank set the official value of the renminbi nearly 2 percent weaker against the dollar. The devaluation is the largest since China’s modern exchange-rate system was introduced at the start of 1994. China’s abrupt devaluation is the clearest sign yet of mounting concern in Beijing that the country could fall short of its goal of roughly 7 percent economic growth this year. Growth...
  • Hillary Clinton Operatives Bracing For “Clinton Collapse”

    07/26/2015 5:37:18 AM PDT · by Zakeet · 107 replies
    DC Whispers ^ | July 24, 2015
    Earlier, D.C. Whispers reported on federal investigators’ request to initiate a full on CRIMINAL investigation into the Hillary Clinton email scandal due, at least in part, to Mrs. Clinton’s alleged and purposeful destruction of classified material she kept on a private email server. Apparently this development is but one of several now plaguing a Hillary Clinton campaign that has a candidate who often appears “lost, confused, tired, and angry.” The term “Clinton Collapse” is apparently an increasingly common one these days for those whose job it is to continue insulating their candidate from media scrutiny and try and push Mrs....
  • Greece is a victim of its own cronyism and corruption

    07/13/2015 3:22:29 AM PDT · by familyop · 9 replies
    The Telegraph ^ | 10 Jul 2015 | Pavlos Eleftheriadis
    Starting in the Eighties populist spending and cronyism became the norm for both main parties, PaSoK and the conservative New Democracy party, which followed Papandreou’s practices when it returned to power in the 1990s. The civil service became part of the spoils of government. There was no room for universal benefits or long-term strategies of assisting the poor. Everyone was out to secure the best short-term outcome for themselves. The big winners were the public sector unions, the utility companies’ unions and the professionals: doctors, lawyers, engineers, pharmacists. The economy remained closed and protectionist, working largely for the benefit of...
  • Stewart Rhodes calls for emergency summits by state, in preparation for economic collapse

    07/08/2015 5:49:21 AM PDT · by Whenifhow · 8 replies ^ | July 5 2015 | You Tube
    AMERICA RUNNING OUT OF TIME. SUPPORT TEAMS URGED. Albany, NY. June 24, 2015 Founder and Director of Oath Keepers Stewart Rhodes urges all Oath Keeper chapters across the country to hold an Emergency Summit by state, in order to prepare for an economic collapse. 'Assume the worst' and formulate support teams. Food storage the most crucial.
  • Hillary: The Collapse Of The Imperial Candidacy – Dick Morris TV: Lunch Alert!

    07/07/2015 10:24:25 AM PDT · by Signalman · 15 replies
    Dick Morris ^ | 7/7/2015 | Dick Morris
    In this video commentary, I discuss how Hillary’s campaign signifies the collapse of the imperial candidacy. Tune in!
  • The Greeks should vote “no!”

    07/04/2015 10:27:15 AM PDT · by Tolerance Sucks Rocks · 61 replies
    The Washington Times ^ | July 2, 2015 | Peter Morici
    Sunday, Greeks should vote “no”!Hellenic voters are being asked whether they accept the terms offered by the European Union, European Central Bank and International Monetary Fund to extend the bailout for Athens‘ troubled finances or give Prime Minister Tsipras a mandate to insist on a better deal.Those conditions include more cuts in government supported pensions, higher taxes and labor market reforms other European governments’ are often not inclined to accept in the conduct of their own affairs.Urging a Yes vote, European leaders and their supporters in private institutions claim more austerity would reinvigorate the Greek economy and permit Greeks to...
  • Progressive Paradise Lost

    07/04/2015 10:07:58 AM PDT · by Tolerance Sucks Rocks · 20 replies
    The Daily Signal ^ | July 1, 2015 | Salim Furth
    It’s a progressive paradise.Public employees get 30 vacation days a year. Anyone who works over eight hours in a day gets paid time-and-a-half. Employees have strong rights.The minimum wage is high: 77 percent of the median wage.Environmental regulations are settled beyond the pressure of local economic interests. The forests and mountains are pristine destinations for ecotourism.Energy costs are kept high, pushing consumption down to a level deemed “socially beneficial”. Utilities have strong public backing and provide jobs to thousands.Union jobs in shipping are protected from outsourcing to cut-rate foreign competitors.The social safety net is buoyant and provides a solid working-class standard...
  • How will the National Socialist Left’s excuse the failure of socialism in Greece?

    07/01/2015 2:37:24 PM PDT · by Voice of Reason1 · 38 replies
    It’s axiomatic that when a socialist regime hits the skids, the left will generally try to claim that such regime is ‘right wing’ somehow. Such claims can and will be completely irrational on their face, but for the national socialist Left it’s all about talking points and a simplistic ( but ‘superior’) mentality that favors headlines and shallow thought on the subject And before you complain that I dare use the word ‘national’ next to the word ‘socialist’ I would ask that you please explain in detail (with documentation) Just how in Hades’ the word national modifies the meaning of...
  • U.S. debt headed toward Greek levels [Psalms 9:17]

    07/01/2015 9:11:48 AM PDT · by Jan_Sobieski · 10 replies
    Washington Examiner ^ | 6/30/2015 | Jason Russell
    United States' projected debt over the next 25 years looks a lot like Greece's over the past 25. With all the chaos unravelling in Greece, Congress would be wise to do what it takes to avoid reaching Greek debt levels. But it's not a matter of sticking to the status quo and avoiding bad decisions that would put the budget on a Greek-like path, because the budget is on that path already. A quarter-century ago, Greek debt levels were roughly 75 percent of Greece's economy — about equal to what the U.S. has now. As of 2014, Greek debt...
  • China Makes It Official, Launches The Bank That Humiliated Washington

    06/30/2015 10:22:19 AM PDT · by aMorePerfectUnion · 13 replies
    Zero Hedge ^ | 6-30-15 | Tyler Durden
    In March, China was “handed a propaganda coup” (to use WSJ’s words), when the UK decided, in the face of loud protestations from Washington, to support Beijing’s efforts to launch a new development bank aimed at filling the gaps left by traditional post-war multilateral institutions such as the IMF and the ADB. The US claims it has concerns about governance and adherence to international norms around corruption and environmental protocol, but as even the most casual observers are well aware, the real concern in Washington (and in Tokyo) is that China will use the bank as an instrument of...
  • The End Of Constitutional Government

    06/27/2015 1:36:25 PM PDT · by Randall_S · 17 replies ^ | June 26, 2015 | Terresa Monroe-Hamilton
    It’s been an historic week and although I am not surprised by the Supreme Court decisions, they saddened me beyond belief. I have sadly come to the conclusion that many of my colleagues are correct… our Constitutional form of government is now dead and Obama’s transformative ‘change’ is all but complete. Things are now snowballing and it is more than most Americans can take or bear. From gay marriage and the ensuing infringement on free speech and our religious rights, to enforced Obamacare, to forced wealth redistibution in our neighborhoods, to the EPA run amok… our freedoms are being absolutely...
  • How to Prepare for a Collapse in 9 Steps – a Case Study with David Holmgren

    06/25/2015 8:58:34 AM PDT · by aMorePerfectUnion · 17 replies
    Walden Labs ^ | 6-26-15 | William Horvath
    How to Prepare for a Collapse in 9 Steps – a Case Study with David Holmgren By William Horvath It’s 2025, the long troubled financial markets have finally crashed the overleveraged banking system and the world is experiencing global depression on a massive scale. Precipitated by environmental destruction, heatwaves are scorching the planet, destroying the monoculture food crops, and there are food riots in every major city. In order to maintain the social order upon panicked and desperate populations governments are forced to introduce a command economy, issuing people supermarket food stamps.But for you and your family nothing has changed,...
  • 5 dead, 8 injured in balcony collapse in (Berkeley) California, police say

    06/16/2015 3:55:50 AM PDT · by Zakeet · 44 replies
    Fox News ^ | June 16, 2015
    Authorities say five people are dead and eight others injured in a balcony collapse in Berkeley ... many of the injured have critical, life-threatening wounds.
  • Who Caused Baltimore’s Collapse?

    05/18/2015 9:17:02 AM PDT · by Texas Fossil · 48 replies
    The Federalist ^ | May 18, 2015 | Newt Gingrich
    A better future for poor Americans trapped in Baltimore and across the country must start with a fact-based analysis of how we got here and who has been responsible. Fact: The last Republican city council member in Baltimore City left office in 1942. That is 73 years of solid Democrat city councils. Fact: The last Republican mayor of Baltimore City left office in 1967. That is 48 years of unbroken Democrat control of the mayor’s office. Fact: The Maryland Senate is currently 33 Democrats to 14 Republicans. Fact: The Maryland House is currently 90 Democrats to 50 Republicans. Fact: The...
  • Major U.S. Retailers Are Closing More Than 6,000 Stores

    05/03/2015 4:02:11 PM PDT · by dennisw · 142 replies
    zerohedge ^ | 05/02/2015 | Michael Snyder
    Submitted by Michael Snyder via The Economic Collapse blog, If the U.S. economy really is improving, then why are big U.S. retailers permanently shutting down thousands of stores? The “retail apocalypse” that I have written about so frequently appears to be accelerating. As you will see below, major U.S. retailers have announced that they are closing more than 6,000 locations, but economic conditions in this country are still fairly stable. So if this is happening already, what are things going to look like once the next recession strikes? For a long time, I have been pointing to 2015 as a...
  • Parking garage collapses at the Watergate

    05/01/2015 6:32:49 PM PDT · by markomalley · 17 replies
    Washington Business Journal ^ | 5/1/2015 | Rebecca Cooper
    D.C. fire and emergency officials were working to shore up a portion of a parking garage that collapsed this morning at the Watergate complex on Virginia Avenue NW. D. C. fire spokesman Tim Wilson said it will take several hours to shore up the structure, a step necessary for emergency responders to be able to search the garage for anyone who may be trapped, WTOP reports. Three stories of the garage, which was under renovation, collapsed atop each other in a "pancake" effect.
  • Partial building collapse in downtown Cleveland

    04/13/2015 2:14:18 PM PDT · by Las Vegas Dave · 15 replies
    19actionnews ^ | 4/13/2015 | VARIOUS
    Partial building collapse in downtown Cleveland, Cleveland Fire crews are on the scene of a partial building collapse on East 6th Street near Vincent Avenue in downtown Cleveland.
  • Failure to Protect U.S. Against Electromagnetic Pulse Threat Could Make 9/11 Look Trivial Someday

    04/07/2015 9:26:37 AM PDT · by Tolerance Sucks Rocks · 67 replies
    Forbes ^ | July 31, 2014 | Peter Kelly-Detwiler
    Exploding A Nuclear Bomb In The Sky Creates An Interesting Phenomenon In 1962, during the depths of the Cold War, the U.S. military exploded a nuclear weapon high above an atoll in the Pacific Ocean. Dubbed Operation Starfish, this exercise was part of a larger project to evaluate the impacts of nuclear explosions in space. The missile, launched from Johnson Island, 900 miles from Hawaii, was armed with a 1.4 megaton warhead, programmed to explode at 240 miles above the earth. It detonated as expected. What was not entirely expected was the magnitude of the resulting electromagnetic pulse (EMP). The...
  • The Russian Navy is on the verge of collapse

    04/02/2015 1:31:20 AM PDT · by Hugin · 24 replies
    The Week ^ | 04/01/15 | David Axe
    Today the Russian navy possesses around 270 warships including surface combatants, amphibious ships, submarines, and auxiliaries. On paper, that is. But that count includes many ships that are inactive and in poor material condition plus scores of small patrol vessels with very limited combat capability. Of the 270 ships, just 125 or so are in a working state. And of those 125, only around 45 are oceangoing surface warships or submarines that are in good shape and deployable. All the above figures come from Dr. Dmitry Gorenburg of the Davis Center for Russian and Eurasian Studies at Harvard University. By...
  • Elegant Black Girls of the 80s Make Graceless Hip-Hop Generation Look Like Complete Slobs

    03/23/2015 9:37:38 AM PDT · by Reaganite Republican · 59 replies
    Reaganite Republican ^ | 22 March 2015 | Reaganite Republican
    No tats/angst/mutant posterior/glorification of stupidity-  and the music was better, too: And note Whitney, Sade, et. al. sporting cross necklaces... what a difference 30 yrs can make for an imploding culture: [gallery/video] ______________________________________________ Frompo   mTV   Wikipedia Commons
  • Screwed-Up People Who Really Screwed-Up Their Face (Disturbing Body Modifications)

    03/19/2015 9:11:13 AM PDT · by Reaganite Republican · 40 replies
    Reaganite Republican ^ | 19 March 2015 | Reaganite Republican
    More 'progress' and cutting-edge style  from Obama-voter-types... next level s#!% here! Just wrong 'Glass-lense' piercing- why [more: gallery/links]
  • US does not want to see Syrian regime 'collapse': CIA

    03/14/2015 3:06:49 AM PDT · by Paid_Russian_Troll · 25 replies
    AFP/Yahoo ^ | Daniel de Luce
    New York (AFP) - CIA Director John Brennan said the United States does not want to see a chaotic collapse of the Syrian regime as it could open the way to Islamist extremists taking power. The spy agency chief said Washington had reason to worry about who might replace President Bashar al-Assad if his government fell, given the rise of the Islamic State group and other jihadists in Syria. "I think that's a legitimate concern," Brennan said when asked if the US government feared who might succeed Assad. Speaking at an event at the Council on Foreign Relations, he said...
  • Prepare-We are at the Verge of Collapse Says Jonathan Cahn Author of "Mystery of the Shemitah"

    03/08/2015 12:04:14 PM PDT · by Jack Hydrazine · 67 replies
    GoogTube ^ | 24FEB2015 | Greg Hunter
    Best-selling author Jonathan Cahn says you better get ready for “a great shaking.” Cahn, whose new book titled “Mystery of the Shemitah,” says, “The Bible says a prudent man prepares. What do you do? I am not a financial expert, but I will speak for myself . . . in general, I would not be putting my stock in the stock market or have things attached to it. . . . You should also have essentials in store so if there is a collapse of not only markets but of infrastructure and services, and these things should break down, that...
  • Ukraine To Halt Currency Trading Again Any Minute

    02/26/2015 8:22:47 AM PST · by tcrlaf · 14 replies
    Zerohedge ^ | 2-26-2015 | Durden
    With Prime Minister Yatsenyuk putting his foot down and squeezing the central bank to lift capital controls, Ukraine's currency is totally collapsing this morning. Up over 5 handles to a fresh record low of 33.75/USD, we suspect currency trading will be halted any minute. While we discussed the endgame for Ukraine last night, on the street, things are dire with ATM lines, shelves emptied, and local currency exchanges marking up levels dramatically more than the 'official' rates... The 'independent' Central Bank halted currency trading, and then the government screamed... "I learned this morning on the Internet that the National Bank...
  • US Macro Collapses To 11-Month Lows, Russia Dumps 20% Of It's U.S. Treasury Holdings And Buys Gold

    02/20/2015 3:59:57 AM PST · by alexmark1917 · 22 replies
    US Macro Collapses To 11-Month Lows, 88% Of Data Has Missed In February Despite the total and utter cognitive dissonance of talking-heads on mainstream media channels, the US economic data is not 'strong', is not 'goldilocks', is not 'decoupled', is not 'solid'. In fact, it's absolutely terrible. Bloomberg's US Macro data indicator which tracks both beats-and-misses and improvement/deterioration in data - is at 11-month lows. February alone has seen 29 data items miss expectations (from retail sales to industrial production)with only 4 data points beating expectations (including the constantly revised nonfarm payrolls data which so many hang their hat on)....
  • The Case Against Imminent Economic Collapse: “They Can Keep Bailing Things Out for Several More...

    02/17/2015 1:36:33 PM PST · by blam · 45 replies
    SHTF Plan ^ | 2-17-2015 | Joel Skousen
    The Case Against Imminent Economic Collapse: “They Can Keep Bailing Things Out for Several More Years Without Fear of Collapse” Joel Skousen February 16th, 2015 Editor’s Note: The following commentary comes to us from Joel Skousen, a well respected geopolitical analyst and Strategic Relocation expert. We see evidence of an impending collapse of the global financial and economic systems on an almost daily basis. From falsified statistics to an almost unfathomable series of never-ending monetary machinations, all signs point to something being horrifically wrong, not just with the economy but the entire global paradigm as it exists today. By all...
  • Two More Harbingers Of Financial Doom That Mirror The Crisis Of 2008

    02/15/2015 10:11:44 PM PST · by Jack Hydrazine · 63 replies
    The Economic Collapse Blog ^ | 12FEB2015 | Michael Snyder
    The stock market continues to flirt with new record highs, but the signs that we could be on the precipice of the next major financial crisis continue to mount. A couple of days ago, I discussed the fact that the U.S. dollar is experiencing a tremendous surge in value just like it did in the months prior to the financial crisis of 2008. And previously, I have detailed how the price of oil has collapsed, prices for industrial commodities are tanking and market behavior is becoming extremely choppy. All of these are things that we witnessed just before the last...
  • Teacher Pensions Going To Kill Us All

    01/28/2015 5:49:29 PM PST · by Tolerance Sucks Rocks · 27 replies
    The Daily Caller ^ | January 27, 2015 | Blake Neff
    Teacher pensions are a huge and growing crisis waiting to explode without major reforms, warns a new report released Tuesday by an educational think tank.“Do the math on teacher pensions and it just doesn’t add up,” argues the National Council on Teacher Quality in its report, Doing the Math on Teacher Pensions. Total unfunded teacher pension liabilities in 2014 were a whopping $499 billion dollars, the group found. That amount is surging rapidly; in 2012, the total was just $394 billion, meaning that pension debt is growing by over $50 billion a year.Some states are in a particularly huge hole....
  • The Collapse of Europe? The European Union May Be on the Verge of Regime Collapse

    01/27/2015 3:00:01 PM PST · by alexmark1917 · 14 replies
    INVESTMENT WATCH BLOG ^ | Worker Ant #11
    The Collapse of Europe? The European Union May Be on the Verge of Regime Collapse Europe won the Cold War. Not long after the Berlin Wall fell a quarter of a century ago, the Soviet Union collapsed, the United States squandered its peace dividend in an attempt to maintain global dominance, and Europe quietly became more prosperous, more integrated, and more of a player in international affairs. Between 1989 and 2014, the European Union (EU) practically doubled its membership and catapulted into third place in population behind China and India. It currently boasts the world’s largest economy and also heads...
  • While You Were Sleeping, Lehman Just Happened...

    01/21/2015 2:51:17 PM PST · by alexmark1917 · 24 replies
    The "Deflationary Vortex": Global Dollar Economy Suffers Biggest Plunge Since Lehman, Down $4 Trillion One of the macroeconomic observations that has gotten absolutely no mention in recent months is the curious fact that while global economic growth has not imploded in recent quarters, it is because GDP has been represented, as is customary, in local currency terms. Of course, this comes as a time when local currencies (at least those which are not the USD) have been plunging against the greenback on the back of the expectations that the Fed will hike rates some time in the summer or later...
  • This Chart Makes It Look Like It's All Over In Venezuela

    01/15/2015 9:50:14 PM PST · by blam · 37 replies
    BI ^ | 1-15-2014 | Linette Lopez
    <p>Collapsing oil prices have a turned a difficult economic situation into a dire one. Oil exports brought in 60% of the country's revenue.</p> <p>Wall Street is watching and waiting, which is why the spread on Venezuela's 5 year credit default swap — basically debt insurance — has spiked. You just don't see charts like this everyday people.</p>
  • Greece Scrambles To Prevent Deposit Run Goldman Warned About In Its "Worst Case"

    12/29/2014 8:21:15 AM PST · by GilGil · 11 replies
    Zerohedge ^ | 12/29/2014 | Tyler Durden
    Stripping all the political correctness, what Goldman said is that unless Greece quickly folds back in line and does as unelected Brussels eurocrats demand, there may well be a Cyprus-style bank closure coupled with preemptied bank runs. Oops. Because if that was the doubled-down bluff, then Greece just called it, and the "downside scenario" is now in play. Which means Greece now has to scramble to avoid precisely what Goldman warned would happen if the Greeks dared to put their (meagre) savings at risk. And, case in point, here is the Greek finance minister rushing to squash the next steps,...
  • Big Banks Will Take Depositors Money In Next Crash -Ellen Brown

    12/11/2014 11:14:26 AM PST · by GilGil · 87 replies
    USAWathdog ^ | 12/10/2014 | Ellen Brown
    "... if you had a big derivatives bust that brought down JP Morgan or Bank of America, there is no way there is going to be collateral left for the FDIC or for the secured depositors. This would include state and local governments. They all put their money in these big banks. So, even though we are protected by the FDIC, the FDIC is not going to have the money. . . . This makes it legal for these big 30 banks to take our money when they become insolvent. They are too-big-to-fail. This was supposed to avoid too-big-to-fail, but...
  • $100 Trillion American Economic Collapse with Jim Rickards

    12/11/2014 8:11:12 AM PST · by Ghost of SVR4 · 11 replies
    Youtube ^ | Oct 21, 2014 | Jim Rickards
    I don't know too much about Jim Rickards, just found this to be an interesting video about the overall economy and some tidbits about what our government agencies are up to. The video is a 45 minutes long interview of sorts and discussion. Just posting in the event other are interested.
  • Global Strategist: Judgment Day Is Coming: “This Will Be The Most Important Event Of Our Lives”

    11/17/2014 10:44:21 AM PST · by blam · 71 replies
    SHTF Plan ^ | 11-17-2014 | Mac Slavo
    Mac Slavo November 16th, 2014 There are few events that could lead to a truly cataclysmic upheaval of the global order. Right now, half a world away and out of the view of most Americans, exactly such developments have been set into motion. These events are so significant that they promise to shape the geopolitical landscape for decades to come. And, should the trend continue unabated it is only a matter of time before the American way of life as we have come to know it is no more. So says Casey Research Chief Global Strategist Marin Katusa in his...
  • Former Goldman Banker Reveals The Path To The Next Depression And Stock Market Collapse

    11/12/2014 6:26:38 AM PST · by blam · 17 replies
    Zero Hedge ^ | 11-12-2014 | Tyler Durden
    Tyler Durden 11/11/2014 A funny thing happened on the way to the ‘end’ of the multi-trillion dollar bond buying program known as QE - the Fed chronicles. Aside from the shift to a globalization of QE via the European Central Bank (ECB) and Bank of Japan (BOJ) as I wrote about earlier, what lingers in the air of “post-taper” time is an absence of absence. For QE is not over. Instead, in the United States, the process has simply morphed from being predominantly executed by the Federal Reserve (Fed) to being executed by its major private bank members. Fed Chair,...
  • The Economic Endgame Explained

    11/12/2014 9:31:54 AM PST · by Jack Hydrazine · 18 replies ^ | 11NOV2014 | Brandon Smith
    Throughout history, in most cases of economic collapse the societies in question believed they were financially invincible just before their disastrous fall. Rarely does anyone see the edge of the cliff or even the bottom of the abyss before it has swallowed a nation whole. This lack of foresight, however, is usually not the fault of the public. It is, rather, a consequence caused by the manipulation of the fundamental information available to the public by governments and social gatekeepers. In the years leading up to the Great Depression, numerous mainstream “experts” and politicians were quick to discount the idea...