The economic disaster that’s bound to hit the US by the end of 2016 seems to be inevitable. The failed reforms and attempts for financial stabilization, the uncontainableand ever-growing national debt, the instability of the banking systems, the rising levels of poverty andthe struggles of the local industries are all factors that will contribute decisively [...]
Those that were hoping for an “economic renaissance” in the United States got some more bad news this week. It turns out that the U.S. economy is in significantly worse shape than the experts were projecting. Retail sales unexpectedly declined in March, total business sales have fallen again, and the inventory to sales ratio has [...]
Has the U.S. economy gotten better over the past six months or has it gotten worse? In this article, you will find solid proof that the U.S. economy has continued to get worse over the past six months. Unfortunately, most people seem to think that since the stock market has rebounded significantly in recent weeks that everything must be okay, but of course that is not true at all.
So you’ve done the hard work of getting your finances in order and now you’re looking to invest your hard-earned surplus into things that will protect or grow it. Keeping your savings as fiat currency in the the banks may not be the safest way to store your wealth. Banks are beginning to give concrete evidence [...]
Financial markets the world over are increasingly chaotic; either retreating or plunging. Our view remains that there’s a gigantic market crash in the coming future -- one that has possibly started now. Our reason for expecting a market crash is simple: Bubbles always burst. Bubbles arise when asset prices inflate above what underlying incomes can [...]
As an American, I feel insulted and ashamed. The Dollar is dying and we must face the music. All signs point to a catastrophic monetary collapse in the US sometime this year, one that will most likely put an end once and for all to our already dying economy.
In today’s geopolitical context, the US will be hit harder than ever by the upcoming recession, which could possibly happen by the end of this year, as all signs would suggest. You’d better believe it that when the next financial crisis hits, things will get so out of hand, that society will crumble in record time.
Stock markets around the world continue to collapse as this new global financial crisis picks up more steam. In the U.S., the Dow lost 254 more points on Thursday, and it has now fallen for five days in a row.
After a series of stunning declines through the month of January and the first half of February, global financial markets seem to have found a patch of relative stability at least for the moment. But that does not mean that the crisis is over. On the contrary, all of the hard economic numbers that are [...]