Money

ISIS Has Camps On The U.S. Border, But Obama Says ‘Right-Wing Extremists’ Are The Greatest Terror Threat
theeconomiccollapseblog.com
ISIS camps have now been discovered directly across the U.S. border with Mexico, ISIS operatives have been captured illegally entering the United States, and ISIS is threatening to conduct a massive campaign of terror against U.S. targets, and yet Barack Obama and his underlings continue to insist that “right-wing extremists” are the greatest terror threat that this nation is facing.  One recent survey found that 84 percent of all Americans believe that ISIS is a “direct threa [...]
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The Six Too Big To Fail Banks In The U.S. Have 278 TRILLION Dollars Of Exposure To Derivatives
theeconomiccollapseblog.com
The very same people that caused the last economic crisis have created a 278 TRILLION dollar derivatives time bomb that could go off at any moment.  When this absolutely colossal bubble does implode, we are going to be faced with the worst economic crash in the history of the United States.  During the last financial crisis, our politicians promised us that they would make sure that “too big to fail” would never be a problem again.  Instead, as you will see below, those banks have [...]
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19 Signs That American Families Are Being Economically Destroyed
theeconomiccollapseblog.com
The systematic destruction of the American way of life is happening all around us, and yet most people have no idea what is happening.  Once upon a time in America, if you were responsible and hard working you could get a good paying job that could support a middle class lifestyle for an entire family even if you only had a high school education.  Things weren’t perfect, but generally almost everyone in the entire country was able to take care of themselves without government assistance. [...]
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Smart Meters: Enforcement Of Mandatory Water Restrictions Is Only Just The Beginning
theeconomiccollapseblog.com
Smart meters are now being used by authorities to crack down on “water wasters” in the state of California, but this is just the tip of the iceberg as far as what they can be used for.  Ultimately, smart meters are designed to be part of an entire “smart grid” that will enable government bureaucrats “to control everything from your dishwasher to thermostat“.   And in recent years, there has been a massive push to install smart meters in as many homes in the [...]
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The EMP Threat: All It Would Take Is A Couple Of Explosions To Send America Back To The 1800s
theeconomiccollapseblog.com
Our entire way of life can be ended in a single day.  And it wouldn’t even take a nuclear war to do it.  All it would take for a rogue nation or terror organization to bring us to our knees is the explosion of a couple well-placed nuclear devices high up in our atmosphere.  The resulting electromagnetic pulses would fry electronics from coast to coast.  Of course this could also be accomplished without any attack.  Scientists tell us that massive solar storms have hit our planet befor [...]
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How Many People Will Have To Migrate Out Of California When All The Water Disappears?
theeconomiccollapseblog.com
The drought in California is getting a lot worse.  As you read this, snowpack levels in the Sierra Nevada mountains are the lowest that have ever been recorded.  That means that there won’t be much water for California farmers and California cities once again this year.  To make up the difference in recent years, water has been pumped out of the ground like crazy.  In fact, California has been losing more than 12 million acre-feet of groundwater a year since 2011, and wells all over th [...]
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If Anyone Doubts That We Are In A Stock Market Bubble, Show Them This Article
theeconomiccollapseblog.com
The higher financial markets rise, the harder they fall.  By any objective measurement, the stock market is currently well into bubble territory.  Anyone should be able to see this – all you have to do is look at the charts.  Sadly, most of us never seem to learn from history.  Most of us want to believe that somehow “things are different this time”.  Well, about the only thing that is different this time is that our economy is in far worse shape than it was just prior to [...]
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The Stock Market In 2015 Is Starting To Look Remarkably Similar To The Stock Market In 2008
theeconomiccollapseblog.com
Are we watching a replay of the last financial crisis?  Over the past six months, the price of oil has collapsed, the U.S. dollar has soared, and a whole bunch of other patterns that we witnessed just before the stock market crash of 2008 are repeating once again.  But what we have not seen yet is the actual stock market crash.  So will there be one this year?  In this article, I am going to compare the performance of the Dow Jones Industrial Average during the first three months of 2008 to [...]
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5 Charts Which Show That The Next Economic Crash Is Dead Ahead
theeconomiccollapseblog.com
When an economic crisis is coming, there are usually certain indicators that appear in advance.  For example, commodity prices usually start to plunge before a recession begins.  And as you can see from the Bloomberg Commodity Index which you can find right here, this has already been happening.  In addition, I have previously written about how the U.S. dollar went on a great run just before the financial collapse of 2008.  This is something that has also been happening over the past few mon [...]
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In Yemen, It’s The Bad Guys Vs. The Bad Guys
theeconomiccollapseblog.com
Saudi Arabia and Egypt stand poised to conduct a massive ground invasion of Yemen, and the western media will be full of tales about how “Operation Decisive Storm” is liberating that country from the evil Iranian-backed Houthi rebels.  And without a doubt, the Houthis are bad guys and so are their Iranian benefactors.  But don’t be fooled into thinking that the war in Yemen is a battle of good vs. evil.  The truth is that the conflict in Yemen is actually a proxy war between [...]
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The Price Of Ground Beef Has DOUBLED Since The Last Financial Crisis
theeconomiccollapseblog.com
Since the depths of the last recession, the price of ground beef in the United States has doubled.  Has your paycheck doubled since then?  Even though the Federal Reserve insists that we are in a “low inflation” environment, the government’s own numbers show that the price of ground beef has been on an unprecedented run over the past six years.  In early 2009, the average price of a pound of ground beef was hovering near 2 dollars.  In February, it hit a brand new all-time [...]
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33 Strange Facts About America That Most Americans Would Be Shocked To Learn
theeconomiccollapseblog.com
Did you know that about one-fourth of the entire global prison population is in the United States?  Did you know that Apple has more money than the U.S. Treasury?  Did you know that if you have no debt and also have 10 dollars in your wallet that you are wealthier than 25 percent of all Americans?  Did you know that by the time an American child reaches the age of 18, that child will have seen approximately 40,000 murders on television?  There are some things that are great about the United [...]
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They Are Slowly Making Cash Illegal
theeconomiccollapseblog.com
The move to a cashless society won’t happen overnight.  Instead, it is being implemented very slowly and systematically in a series of incremental steps.  All over the planet, governments are starting to place restrictions on the use of cash for security reasons.  As citizens, we are being told that this is being done to thwart criminals, terrorists, drug runners, money launderers and tax evaders.  Other forms of payment are much easier for governments to track, and so they very much p [...]
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10 Charts Which Show We Are Much Worse Off Than Just Before The Last Economic Crisis
theeconomiccollapseblog.com
If you believe that ignorance is bliss, you might not want to read this article.  I am going to dispel the notion that there has been any sort of “economic recovery”, and I am going to show that we are much worse off than we were just prior to the last economic crisis.  If you go back to 2007, people were feeling really good about things.  Houses were being flipped like crazy, the stock market was booming and unemployment was relatively low.  But then the financial crisis of 2008 [...]
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It’s Official: Americans R Stupid
theeconomiccollapseblog.com
As Americans, we tend to be pretty full of ourselves, and this is especially true of our young people.  But do we really have reason for such pride?  According to a shocking new report from the Educational Testing Service, Americans between the ages of 20 and 34 are way behind young adults in other industrialized nations when it comes to literacy, mathematics and technological proficiency.  Even though more Americans than ever are going to college, we continue to fall farther and farther behi [...]
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California Is Turning Back Into A Desert And There Are No Contingency Plans
theeconomiccollapseblog.com
Once upon a time, much of the state of California was a barren desert.  And now, thanks to the worst drought in modern American history, much of the state is turning back into one.  Scientists tell us that the 20th century was the wettest century that the state of California had seen in 1000 years.  But now weather patterns are reverting back to historical norms, and California is rapidly running out of water.  It is being reported that the state only has approximately a one year supply of w [...]
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Why I Wouldn’t Want To Be A Police Officer In America Today
theeconomiccollapseblog.com
Can you imagine going to work each day knowing that there are lots of people out there that would love to see you dead?  Despite what a lot of Americans may think, it takes real courage to be a police officer in this country today.  Every time you put on that uniform and walk out the front door, it might be the very last time that you ever see your spouse and family.  Yes, there is a whole lot of needless police brutality in the United States in 2015, and I am going to address that later in t [...]
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Guess What Happened The Last Two Times The S&P 500 Was Up More Than 200% In Six Years?
theeconomiccollapseblog.com
Just a few days ago, the bull market for the S&P 500 turned six years old.  This six year period of time has been great for investors, but what comes next?  On March 9th, 2009 the S&P 500 hit a low of 676.53.  Since that day, it has risen more than 200 percent.  As you will see below, there are only two other times within the last 100 years when the S&P 500 performed this well over a six year time frame.  In both instances, the end result was utter disaster. And as you take in t [...]
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The Last, Great Run For The U.S. Dollar, The Death Of The Euro And 74 Trillion In Currency Derivatives At Risk
theeconomiccollapseblog.com
Are we on the verge of an unprecedented global currency crisis?  On Tuesday, the euro briefly fell below $1.07 for the first time in almost a dozen years.  And the U.S. dollar continues to surge against almost every other major global currency.  The U.S. dollar index has now risen an astounding 23 percent in just the last eight months.  That is the fastest pace that the U.S. dollar has risen since 1981.  You might be tempted to think that a stronger U.S. dollar is good news, but it isn̵ [...]
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The Last, Great Run For The U.S. Dollar, The Death Of The Euro And 74 Trillion In Currency Derivatives At Risk
theeconomiccollapseblog.com
Are we on the verge of an unprecedented global currency crisis?  On Tuesday, the euro briefly fell below $1.07 for the first time in almost a dozen years.  And the U.S. dollar continues to surge against almost every other major global currency.  The U.S. dollar index has now risen an astounding 23 percent in just the last eight months.  That is the fastest pace that the U.S. dollar has risen since 1981.  You might be tempted to think that a stronger U.S. dollar is good news, but it isn̵ [...]
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The Last, Great Run For The U.S. Dollar, The Death Of The Euro And 74 Trillion In Currency Derivatives At Risk
theeconomiccollapseblog.com
Are we on the verge of an unprecedented global currency crisis?  On Tuesday, the euro briefly fell below $1.07 for the first time in almost a dozen years.  And the U.S. dollar continues to surge against almost every other major global currency.  The U.S. dollar index has now risen an astounding 23 percent in just the last eight months.  That is the fastest pace that the U.S. dollar has risen since 1981.  You might be tempted to think that a stronger U.S. dollar is good news, but it isn̵ [...]
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7 Signs That A Stock Market Peak Is Happening Right Now
theeconomiccollapseblog.com
Is this the end of the last great run for the U.S. stock market?  Are we witnessing classic “peaking behavior” that is similar to what occurred just before other major stock market crashes?  Throughout 2014 and for the early stages of 2015, stocks have been on quite a tear.  Even though the overall U.S. economy continues to be deeply troubled, we have seen the Dow, the S&P 500 and the Nasdaq set record after record.  But no bull market lasts forever – particularly one t [...]
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Nearly At ‘Full Employment’? 10 Reasons Why The Unemployment Numbers Are A Massive Lie
theeconomiccollapseblog.com
On Friday, we learned that the official “unemployment rate” has fallen to 5.5 percent. Since an unemployment rate of 5 percent is considered to be “full employment” by many economists, many in the mainstream media took this as a sign that the U.S. economy has almost fully “recovered” since the last recession.  In fact, according to the Wall Street Journal, some Federal Reserve officials believe that “the U.S. economy is already at full employment“ [...]
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China Has Announced Plans For A ‘World Currency’
theeconomiccollapseblog.com
The Chinese do not plan to live in a world dominated by the U.S. dollar for much longer.  Chinese leaders have been calling for the U.S. dollar to be replaced as the primary global reserve currency for a long time, but up until now they have never been very specific about what they would put in place of it.  Many have assumed that the Chinese simply wanted some new international currency to be created.  But what if that is not what the Chinese had in mind?  What if they have always wanted th [...]
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The Breakdown Of U.S.-Israeli Relations Brings Us Several Steps Closer To World War III
theeconomiccollapseblog.com
In the past 40 years, we have never been closer to World War III than we are today.  If you ask Americans to name what area of the globe they believe World War III will begin, the number one choice by a landslide would probably be the Middle East.  And thanks to the stunning breakdown of U.S.-Israeli relations, we are now closer to that war than we have been in decades.  Since the 1970s, the United States has served as the major buffer between Israel and her Islamic neighbors.  Israel has tr [...]
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Stock Market Bubble: Wall Street Is Ecstatic As The NASDAQ Closes Above 5000
theeconomiccollapseblog.com
Are we at the tail end of the stock market bubble to end all stock market bubbles?  Wall Street was full of glee Monday when the Nasdaq closed above 5000 for the first time since the peak of the dotcom bubble in March 2000.  And almost everyone in the financial world seems convinced that things are somehow “different” this time around.  Even though by almost every objective measure stocks are wildly overpriced right now, and even though there are a whole host of signs that economi [...]
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Stock Market Bubble: Wall Street Is Ecstatic As The NASDAQ Closes Above 5000
theeconomiccollapseblog.com
Are we at the tail end of the stock market bubble to end all stock market bubbles?  Wall Street was full of glee Monday when the Nasdaq closed above 5000 for the first time since the peak of the dotcom bubble in March 2000.  And almost everyone in the financial world seems convinced that things are somehow “different” this time around.  Even though by almost every objective measure stocks are wildly overpriced right now, and even though there are a whole host of signs that economi [...]
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The Internet Of Things: A Dystopian Nightmare Where Everyone And Everything Will Be Monitored On The Internet
theeconomiccollapseblog.com
Can you imagine a world where your home, your vehicles, your appliances and every single electronic device that you own is constantly connected to the Internet?  This is not some grand vision that is being planned for some day in the future.  This is something that is being systematically implemented right now.  In 2015, we already have “smart homes”, vehicles that talk to one another, refrigerators that are connected to the Internet, and televisions that spy on us.  Our world is [...]
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