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Economic Collapse Blog

  • 13
    JUNE

    The Rest Of The World Is Absolutely Disgusted With Our Big Brother Spying Methods

    The rest of the world has found out that the U.S. government has been listening to their phone calls and watching what they do on the Internet and they do not like it one bit.  Outrage has been pouring in from all over the planet, and one member of the European Parliament is even comparing the NSA to the Stasi.  But instead of stepping back and reevaluating our Big Brother spying methods now that they have been revealed, Barack Obama and other leading members of Congress are defiantly declaring that there is nothing wrong with these methods and that no changes will be made. 
  • 10
    JUNE

    The U.S. Government Has Been STEALING User Data From Major Internet Companies Without Their Permission

    The U.S. government has been hacking in to the servers of Microsoft, Yahoo, Google, Facebook, PalTalk, AOL, Skype, YouTube and Apple and has been taking their user data without their knowledge or consent.  According to the Washington Post, the information being stolen includes "audio and video chats, photographs, e-mails, documents, and connection logs".  This program is known as PRISM, and it was first revealed by the Washington Post on Thursday. 
  • 6
    JUNE

    Meet Your New Boss: Buying Large Employers Will Enable China To Dominate 1000s Of U.S. Communities

    Are you ready for a future where China will employ millions of American workers and dominate thousands of small communities all over the United States?  Such a future would be unimaginable to many Americans, but the truth is that it is already starting to happen.  Chinese acquisition of U.S. businesses set a new all-time record last year, and it is on pace to absolutely shatter that record this year.
  • 3
    JUNE

    18 Signs That Massive Economic Problems Are Erupting All Over The Planet

    This is no time to be complacent.  Massive economic problems are erupting all over the globe, but most people seem to believe that everything is going to be just fine.  In fact, a whole bunch of recent polls and surveys show that the American people are starting to feel much better about how the U.S. economy is performing.  
  • 22
    MAY

    America’s Bubble Economy Is Going To Become An Economic Black Hole

    What is going to happen when the greatest economic bubble in the history of the world pops?  The mainstream media never talks about that.  They are much too busy covering the latest dogfights in Washington and what Justin Bieber has been up to.  And most Americans seem to think that if the Dow keeps setting new all-time highs that everything must be okay.
  • 14
    FEBRUARY

    The Economic Collapse: Petrogold: Are Russia And China Hoarding Gold Because They Plan To Kill The Petrodollar?

     Will oil soon be traded in a currency that is thousands of years old?  What would a "gold for oil" system mean for the petrodollar and the U.S. economy?  Are Russia and China hoarding massive amounts of gold because they plan to kill the petrodollar?  Since the 1970s, the U.S. dollar has been the currency that the international community has used to trade oil around the globe.  This has created an overwhelming demand for U.S. dollars and U.S. debt.
  • 12
    FEBRUARY

    The Economic Collapse: Show This To Anyone That Believes That “Things Are Getting Better” In America

     How can anyone not see that the U.S. economy is collapsing all around us?  It just astounds me when people try to tell me that "everything is just fine" and that "things are getting better" in America.  Are there people out there that are really that blind?  If you want to see the economic collapse, just open up your eyes and look around you.  By almost every economic and financial measure, the U.S. economy has been steadily declining for many years.  But most Americans are so tied into "the matrix" that they can only understand the cheerful propaganda that is endlessly being spoon-fed to them by the mainstream media.  As I have said so many times, the economic collapse is not a single event.  The economic collapse has been happening, it is is happening right now, and it will continue to happen.
  • 7
    FEBRUARY

    The Economic Collapse: Do Wall Street Insiders Expect Something Really BIG To Happen Very Soon?

     Why are corporate insiders dumping huge numbers of shares in their own companies right now?  Why are some very large investors suddenly making gigantic bets that the stock market will crash at some point in the next 60 days?  Do Wall Street insiders expect something really BIG to happen very soon?  Do they know something that we do not know? What you are about to read below is startling.  Every time that the market has fallen in recent years, insiders have been able to get out ahead of time.  
  • 4
    FEBRUARY

    The Economic Collapse: Shocking Numbers That Show The Media Is Lying To You About Unemployment In America

     Did you know that the percentage of the U.S. labor force that is employed has continually been falling since 2006 according to the Bureau of Labor Statistics?  Did you know that the increase in the number of Americans "not in the labor force" during Barack Obama's first four years in the White House was more than three times greater than the increase in the number of Americans "not in the labor force" during the entire decade of the 1980s?  The mainstream media would have us believe that 157,000 jobs were added to the U.S. economy in January.  Based on that news, the Dow broke the 14,000 barrier for the first time since October 2007.  But if you actually look at the "non-seasonally adjusted" numbers, the number of Americans with a job actually decreased by 1,446,000 between December and January.  But nowhere in the mainstream media did you hear that the U.S. economy lost more than 1.4 million jobs between December and January.   
  • 31
    JANUARY

    The Economic Collapse: The U.S. Has An Even Larger Gap Between The Rich And The Poor Than Downton Abbey Does

     There are two very different Americas today.  In one, the stock market is soaring, high end homes are selling briskly, big banks and hedge funds are rolling in money as if the last financial crisis never even happened, and life is really, really good.  In the other America, good jobs are incredibly scarce, incomes are declining, and poverty is skyrocketing to levels that we have never seen before.  The gap between the wealthy and the poor in America is getting wider with each passing day.  In fact, it is my contention that the U.S. has an even larger gap between the rich and the poor than Downton Abbey does.  
  • 29
    JANUARY

    The Economic Collapse: Federal Reserve Money Printing Is The Real Reason Why The Stock Market Is Soaring

     You can thank the reckless money printing that the Federal Reserve has been doing for the incredible bull market that we have seen in recent months.  When the Federal Reserve does more "quantitative easing", it is the financial markets that benefit the most.  The Dow and the S&P 500 have both hit levels not seen since 2007 this month, and many analysts are projecting that 2013 will be a banner year for stocks.  But is a rising stock market really a sign that the overall economy is rapidly improving as many are suggesting?  Of course not.  Just because the Federal Reserve has inflated another false stock market bubble with a bunch of funny money does not mean that the U.S. economy is in great shape.  
  • 25
    JANUARY

    The Economic Collapse: Does China Plan To Establish “China Cities” And “Special Economic Zones” All Over America?

     What in the world is China up to?  Over the past several years, the Chinese government and large Chinese corporations (which are often at least partially owned by the government) have been systematically buying up businesses, homes, farmland, real estate, infrastructure and natural resources all over America.  In some cases, China appears to be attempting to purchase entire communities in one fell swoop.  So why is this happening?  Is this some form of "economic colonization" that is taking place?  Some have speculated that China may be intending to establish "special economic zones" inside the United States modeled after the very successful Chinese city of Shenzhen.  
  • 22
    JANUARY

    The Economic Collapse: 37 Statistics Which Show How Four Years Of Obama Have Wrecked The U.S. Economy

     The mainstream media covered the inauguration of Barack Obama with breathless anticipation on Monday, but should we really be celebrating another four years of Obama?  The truth is that the first four years of Obama were an absolute train wreck for the U.S. economy.  Over the past four years, the percentage of working age Americans with a job has fallen, median household income has declined by more than $4000, poverty in the U.S. has absolutely exploded and our national debt has ballooned to ridiculous proportions.
  • 18
    JANUARY

    The Economic Collapse: Do You Want To Scare A Baby Boomer?

     If you want to frighten Baby Boomers, just show them the list of statistics in this article.  The United States is headed for a retirement crisis of unprecedented magnitude, and we are woefully unprepared for it.  At this point, more than 10,000 Baby Boomers are reaching the age of 65 every single day, and this will continue to happen for almost the next 20 years.  The number of senior citizens in America is projected to more than double during the first half of this century, and some absolutely enormous financial promises have been made to them.   
  • 16
    JANUARY

    The Economic Collapse: 35 Statistics About The Working Poor In America That Will Blow Your Mind

     In America tonight, tens of millions of men and women will struggle to get to sleep because they are stressed out about not making enough money even though they are working as hard as they possibly can.  They are called "the working poor", and their numbers are absolutely exploding.  As a recent Gallup poll showed, Americans are more concerned about the economy than they are about anything else.  But why are Americans so stressed out about our economic situation if things are supposedly getting better? 
  • 14
    JANUARY

    The Economic Collapse: The Federal Government Hands Out Money To 128 Million Americans Every Month

      The number of Americans receiving money directly from the federal government has grown from 94 million in the year 2000 to over 128 million today.  A shocking new research paper by Patrick Tyrrell and William W. Beach contains that statistic and a whole bunch of other very revealing numbers.  According to their research, the federal government hands out money to 41.3 percent of the entire population of the United States each month.  Overall, more than 70 percent of all federal spending goes to what they call "dependence-creating programs".  It is the most massive wealth redistribution scheme in the history of the world, and it continues to grow at a very rapid pace with each passing month. 
  • 10
    JANUARY

    The Economic Collapse: Can America Survive If Americans No Longer Agree On A Core Set Of Shared Values?

     What does America stand for?  That question is a lot more complicated than you might think.  Our Founding Fathers established a Republic that was based on a set of shared values that were embodied in the text of the U.S. Constitution.  But today, many of our politicians openly disregard the Constitution whenever they want and it has become fashionable to mock the U.S. Constitution.  For example, the New York Times recently published a piece by Georgetown University Professor Louis Michael Seidman entitled "Let's Give Up On The Constitution" in which he publicly called the Constitution "archaic" and "downright evil".  This is a man that has been teaching constitutional law to the next generation of lawyers at one of the top universities in the nation for nearly 40 years.  
  • 8
    JANUARY

    The Economic Collapse: If Obama Can Just Create A Trillion Dollar Coin, Then Why Do We Have To Pay Taxes?

     If Barack Obama can "solve" the debt ceiling crisis by printing up some trillion dollar coins, then why does the federal government need our money?  As another debt ceiling showdown approaches, many in the liberal media are suggesting that if Congress does not raise the debt ceiling that Obama should just have the U.S. Treasury create a trillion dollar platinum coin and use it to pay our bills.  It sounds crazy, but many notable voices (including Paul Krugman of the New York Times) are supporting this idea.  But if the federal government has had the power to create trillion dollar coins out of thin air all this time, then why do we have to pay taxes?  Not only that, why do we have a national debt?  If the federal government can just create money whenever it wants, then why does the federal government ever have to borrow it from others?   
  • 4
    JANUARY

    The Economic Collapse: 65 Percent Of Americans Believe That 2013 Will Be A Year Of Economic Difficulty

     Do you believe that economic trouble is coming in 2013?  If so, you have a lot of company.  According to a brand new Gallup poll that was just released, 65 percent of Americans believe that 2013 will be a year of "economic difficulty" while only 33 percent of Americans believe that 2013 will be a year of "economic prosperity".  Gallup has been asking this question for a lot of years, and the percentage of Americans that are anticipating economic difficulty in the year ahead has not been this high since the early 1980s.  And without a doubt, there are a whole lot of reasons to be deeply concerned about the economy as we head into the new year.  
  • 27
    DECEMBER

    The Economic Collapse: Government Dependents Outnumber Those With Private Sector Jobs In 11 U.S. States

     America is rapidly becoming a nation of takers.  An increasing number of Americans expect the government to take care of them from the cradle to the grave, and they expect the government to dig into the pockets of others in order to pay for it all.  This philosophy can be very seductive, but what happens when the number of takers eventually outnumbers the number of producers?  In 11 different U.S. states, the number of government dependents exceeds the number of private sector workers.  This list of states includes some of the biggest states in the country: California, New York, Illinois, Ohio, Maine, Kentucky, South Carolina, Mississippi, Alabama, New Mexico and Hawaii.  It is interesting to note that seven of those states were won by Barack Obama on election night.   
  • 21
    DECEMBER

    The Economic Collapse: 75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe

     What a year 2012 has been!  The mainstream media continues to tell us what a "great job" the Obama administration and the Federal Reserve are doing of managing the economy, but meanwhile things just continue to get even worse for the poor and the middle class.  It is imperative that we educate the American people about the true condition of our economy and about why all of this is happening.  If nothing is done, our debt problems will continue to get worse, millions of jobs will continue to leave the country, small businesses will continue to be suffocated, the middle class will continue to collapse, and poverty in the United States will continue to explode.  
  • 19
    DECEMBER

    The Economic Collapse: What In The World Are Barack Obama And John Boehner Thinking?

     Barack Obama and John Boehner both seem absolutely determined to drive U.S. government finances off a cliff.  The mainstream media would have you believe that there are vast ideological differences between the two of them and that they are bitter enemies, but that is simply not the case.  Both of them say that tax increases are "necessary", but they disagree over the details.  Both are seeking about a trillion dollars of spending cuts and about a trillion dollars of new "revenue", but they don't see eye to eye on how to get there.  But overall, they are both definitely playing in the same ballpark.  And those numbers certainly do sound impressive until you realize that they are talking about a time span of ten years.  
  • 13
    DECEMBER

    The Economic Collapse: Sorry Protesters: Your Jobs Are Being Sent To China And They Aren't Coming Back

     Did you see the huge crowds of protesters that flooded the Michigan Capitol on Tuesday?  They were there to protest two bills there were being considered by the state legislature that would limit the power of unions in the state.  Michigan lawmakers approved the bills and this absolutely infuriated the protesters.  There is a lot of passion on both sides of this debate, but I am afraid that both sides in this debate are missing the bigger picture.  If we keep shipping millions of our jobs to China, there isn't going to be work for anyone no matter how much power unions have or don't have.
  • 10
    DECEMBER

    The Economic Collapse: From Good Jobs To Bad Jobs To No Jobs - The Tragic Downfall Of The American Worker

     There was a time in America when virtually anyone that wanted a job could go out and get one and the United States boasted the largest and most prosperous middle class in the history of the world.  Sadly, those days are long gone.  Back in 1969, 95 percent of all men between the ages of 25 and 54 had a job.  But now there are millions of Americans in their prime working years that cannot find a job.  Millions of others are working low wage jobs or part-time jobs because that is all they can get.   
  • 5
    DECEMBER

    The Economic Collapse: Wake Up! 11 Facts That Show That Europe Is Heading Into An Economic Depression

     Europe is not just heading into another recession.  The truth is that Europe is heading into a full-blown depression.  The economy of the EU is actually larger than the U.S. economy, and we are watching it melt down right in front of our eyes.  Things just continue to get worse in Europe, and yet somehow the authorities over in Europe just keep insisting that everything is going to be "just fine".  Well, everything is not "just fine" over in Europe right now.  Unemployment in the eurozone has just hit another brand new record high.  In some nations in Europe, the unemployment rate is already significantly higher than anything the United States experienced during the Great Depression of the 1930s.  Europe is a continent that is collapsing under the weight of its own debt, and this is just the beginning. 
  • 3
    DECEMBER

    The Economic Collapse: 34 Signs That America Is In Decline

     The United States is clearly in an advanced state of decline.  Many people around the world (and even inside America) rejoice at this, but not me.  I mourn for the country that I was born in and that I still love.  Yes, the United States has never been perfect, but the Republic that our Founding Fathers started truly has been a light to the rest of the world in a lot of ways over the centuries.  Unfortunately, our foundations are badly rotting and our nation is collapsing all around us.  Many Americans like to think that the United States is greater today than it has ever been before, but the truth is that America is like a patient that has stage 4 cancer that has spread to almost every area of the body.  Our nation is being destroyed in thousands of different ways, and more distressing news emerges with each passing day.   
  • 29
    NOVEMBER

    The Economic Collapse: The Giant Currency Superstorm That Is Coming To The Shores Of America When The Dollar Dies

     By recklessly printing, borrowing and spending money, our authorities are absolutely shredding confidence in the U.S. dollar.  The rest of the world is watching this nonsense, and at some point they are going to give up on the U.S. dollar and throw their hands up in the air.  When that happens, it is going to be absolutely catastrophic for the U.S. economy.  Right now, we export a lot of our inflation.  Each year, we buy far more from the rest of the world than they buy from us, and so the rest of the world ends up with giant piles of U.S. dollars.  This works out pretty well for them, because the U.S. dollar is the primary reserve currency of the world and is used in international trade far more than any other currency is.  
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