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economic collapse

Is Deutsche Bank Going Under?

Is the collapse of Deutsche Bank the real reason Germans were told to prepare for a national crisis? Many think so. If the most prominent bank in Germany fails, the effect on Europe will be profound, and I don’t think the United States will escape the effects. The ripples will turn into a tsunami as they travel across the Atlantic. Already, the bank’s troubles have stressed the American stock ...Read full article...

IMF now ‘supports’ a Reduction of Debt for Greece

Austerity and indebtedness has never shown to be nation destroyers as they did in Greece. The so-called Troika, an entity created by the banksters who control most European nations, the US, Canada and many others, imposed harsh austerity measures on the Greek people while giving themselves millions of euros in bonuses and letting their corrupt schemes grow out of control. None of the measures imposed by the European banksters ...Read full article...

How to Survive a Personal Economic Collapse

With all that is being written about the economic collapses of nations around the globe, people in America seem to be waiting for some huge event. But what if it isn’t a huge event like  a stock market crash or a currency collapse that you actually need to be concerned about? What if our disaster starts out looking nothing like the economic crises in Argentina, Venezuela or Greece? What if the real financial disaster in the ...Read full article...

Venezuela’s Fall into the Abyss

Venezuela is rapidly collapsing and although Washington has a lot to do with such collapse, it would be a big mistake to blame the country’s fall only on foreign intervention. The opposition majority in the Venezuela Parliament rejected the state of emergency declared by the president, which could raise tension at a time when the shortage of basic food and services becomes even more difficult. Venezuelan opposition alliance Democratic ...Read full article...

Varoufakis: Fight against the Establishment is now in Spain

After his country’s government surrendered to the Troika and Brussels, in what has been one of the clearest examples of betrayal by Greek Prime Minister, Alexis Tsipras, former Finance Minister, Yanis Varoufakis understands that combating centralized control of politics and finance in Europe is still far from over. Varoufakis has already identified the next battleground, where the next fight between corporate control and those who wish to have sovereignty and ...Read full article...

Destroying the West one Immigrant at a Time

France, Spain and Germany to house over 100,000 refugees The United States and its allies all over the world are directly responsible for the destruction of the third world. In Latin America, the United States has conquered most countries via so-called “free trade agreements” which have nothing to do with trade and all to do with monopoly Corporatism. In Eastern Europe, Africa, and the Middle East, the U.S. has ...Read full article...

Are you prepared for the SHEMITAH?

It is not a secret that the economic collapse is on its way down. The end of the system we all know and dislike is near. It is not a secret that the global economy is on its way down. The end of the system we all know and dislike is near. But when exactly will this collapse take place? Is there a way to know? Apparently, the answer ...Read full article...

The US Economy Continues Its Collapse

Do you remember when real reporters existed? Those were the days before the Clinton regime concentrated the media into a few hands and turned the media into a Ministry of Propaganda, a tool of Big Brother. The false reality in which Americans live extends into economic life. Last Friday’s employment report was a continuation of a long string of bad news spun into good news. The media repeats two ...Read full article...

Prepare for survival in a collapsing economy

Everyone knows that when you fall on hard times financially, you tighten your budget.  But it’s one thing to go through and examine your own personal spending, making decisions where to cut and where to continue spending, and quite another to have someone personally unaffected by those cuts make the decisions for you. As the collapse of Greece accelerates, the most vulnerable citizens are paying for the bad decisions ...Read full article...

2014 Will Bring More Social Collapse

2014 is upon us.  For a person who graduated from Georgia Tech in 1961, a year in which the class ring showed the same date right side up or upside down, the 21st century was a science fiction concept associated with Stanley Kubrick’s 1968 film, “2001: A Space Odyssey.”  To us George Orwell’s 1984 seemed so far in the future we would never get there.  Now it is 30 ...Read full article...

Detroit bankruptcy: Open Season for Pensions and Salaries

Detroit is officially the largest city in U.S. history to declare bankruptcy. Judge Steven Rhones gave permission to its operators to begin looking for ways to put the scissors to public accounts in order to balance them and reduce massive debt. All this happened while fears of a revolt from the workers, who are likely to see how their salaries and pensions are cut because of the rampant corruption ...Read full article...

How to Survive a Personal Economic Collapse

With all that is being written about the national economic collapse, people seem to be waiting for some huge event. However, for many North Americans, the collapse is here. This isn’t relegated to only lower income neighborhoods.  As an article from a Cinncinnati new station stated, “Hunger doesn’t know a zipcode.” For many people who were formerly financially comfortable, the economic collapse has already happened, in the form of ...Read full article...

Malnutrition Doubles in the UK as the Economy Collapses

A report in the UK Daily Mail says that hospitalization cases for treatment of malnutrition have doubled over the past 5 years. The increase is linked to Britain’s crippling economic downturn. Easington MP Grahame Morris, who sits on the House of Commons health select committee, told the Chronicle that the figures should be an alarm bell. He said: ‘I certainly think the Government’s policies on austerity with cuts in ...Read full article...

More Austerity as a “Solution” to Austerity?

By KEVIN ZEESE and MARGARET FLOWERS | IT’S OUR ECONOMY | FEBRUARY 21, 2013 As the economy shows signs of recession, the leeches return. Alan Simpson and Erskine Bowles have issued a new report calling for even deeper austerity. It is not what the economy needs as it stagnates and sputters toward a possible new collapse. Their report combined with President Obama’s State of the Union, the sequestration and ...Read full article...

United States: The Illusion of Choice, the Reality of Fraud

From Welfare to Warfare, the United States of America has the most deceived population in the history of humanity. By LUIS MIRANDA | THE REAL AGENDA | SEPTEMBER 3, 2012 It is called the American dream because you’ve got to be asleep to believe it. Meanwhile, truth and reality are ridiculed, opposed and then accepted before they are beaten to death. The time it takes the average American to ...Read full article...
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