Money

It’s Currency War! – And Japan Has Fired The First Shot
theeconomiccollapseblog.com
This is the big problem with fiat currency - eventually the temptation to print more of it when you are in a jam becomes too powerful to resist.  In a surprise move on Friday, the Bank of Japan dramatically increased the size of the quantitative easing program that it has been conducting.  This sent Japanese stocks soaring and the Japanese yen plunging.  The yen had already fallen by about 11 percent against the dollar over the last year before this announcement, and news of the BOJ's surpris [...]
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Most People Cannot Even Imagine That An Economic Collapse Is Coming
theeconomiccollapseblog.com
The idea that the United States is on the brink of a horrifying economic crash is absolutely inconceivable to most Americans.  After all, the economy has been relatively stable for quite a few years and the stock market continues to surge to new heights.  On Friday, the Dow and the S&P 500 both closed at brand new all-time record highs.  For the year, the S&P 500 is now up 9 percent and the Nasdaq is now up close to 11 percent.  And American consumers are getting ready to spend more [...]
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From This Day Forward, We Will Watch How The Stock Market Performs Without The Fed’s Monetary Heroin
theeconomiccollapseblog.com
Mark this day on your calendars.  The Dow is at 16974, the S&P 500 is at 1982 and the NASDAQ is at 4549.  From this day forward, we will be looking to see how the stock market performs without the monetary heroin that the Federal Reserve has been providing to it.  Since November 2008, the Fed has created about 3.5 trillion dollars and pumped it into the financial system.  An excellent chart illustrating this in graphic format can be found right here.  Pretty much everyone agrees that t [...]
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Does This Look Like A Housing Recovery To You?
theeconomiccollapseblog.com
We just learned that the homeownership rate in the United States has fallen to the lowest level in 19 years.  But of course this is not a new trend.  As you will see in this article, the homeownership rate in the United States has been in a continual decline for more than 7 years.  Obviously this is not a sign of a healthy economy.  Traditionally, homeownership has been one of the key indicators that you belong to the middle class.  When people define "the American Dream", it is usually one [...]
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Guess How Much Americans Plan To Spend On Christmas And Halloween This Year…
theeconomiccollapseblog.com
It is that magical time of the year for retailers.  The period between mid-October and late December can often make the difference between success or failure in the retail industry, and this year will be no exception.  As you will see below, it is being projected that Americans will spend a massive amount of money this holiday season.  In fact, what Americans plan to spend on Christmas this year is greater than the yearly GDP of the entire nation of Sweden.  So isn't this good economic news? [...]
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How Will The Stock Market React To The End Of Quantitative Easing?
theeconomiccollapseblog.com
It is widely expected that the Federal Reserve is going to announce the end of quantitative easing this week.  Will this represent a major turning point for the stock market?  As you will see below, since 2008 stocks have risen dramatically throughout every stage of quantitative easing.  But when the various phases of quantitative easing have ended, stocks have always responded by declining substantially.  The only thing that caused stocks to eventually start rising again was a new round of [...]
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50 Percent Of American Workers Make Less Than 28,031 Dollars A Year
theeconomiccollapseblog.com
The Social Security Administration has just released wage statistics for 2013, and the numbers are startling.  Last year, 50 percent of all American workers made less than $28,031, and 39 percent of all American workers made less than $20,000.  If you worked a full-time job at $10 an hour all year long with two weeks off, you would make $20,000.  So the fact that 39 percent of all workers made less than that amount is rather telling.  This is more evidence of the declining quality of the job [...]
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Low Inflation? The Price Of Ground Beef Has Risen 17 Percent Over The Past Year
theeconomiccollapseblog.com
Thanks to the Federal Reserve, the middle class is slowly being suffocated by rising food prices.  Every single dollar in your wallet is constantly becoming less valuable because of the inflation the Fed systematically creates.  And if you try to build wealth by saving money and earning interest on it, you still lose because thanks to the Federal Reserve's near zero interest rate policies banks pay next to nothing on savings accounts.  The Federal Reserve wants you to either spend your money [...]
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10 Things About The U.S. News Media That They Do Not Want You To Know
theeconomiccollapseblog.com
Do you trust the news media?  Do you believe that the information that they are giving you is true and accurate?  If you answered yes to either of those questions, that places you in a steadily shrinking minority.  Yes, on average Americans watch approximately 153 hours of television a month, but for their news they are increasingly turning to alternative sources of information such as this website.  Big news channels such as CNN, MSNBC and Fox News are losing hordes of viewers, and they are [...]
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19 Very Surprising Facts About The Messed Up State Of The U.S. Economy
theeconomiccollapseblog.com
Barack Obama and the Federal Reserve are lying to you.  The "economic recovery" that we all keep hearing about is mostly just a mirage.  The percentage of Americans that are employed has barely budged since the depths of the last recession, the labor force participation rate is at a 36 year low, the overall rate of homeownership is the lowest that it has been in nearly 20 years and approximately 49 percent of all Americans are financially dependent on the government at this point.  In a recen [...]
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Top Scientist: This Version Of Ebola Looks Like ‘A Very Different Bug’
theeconomiccollapseblog.com
Barack Obama and the head of the CDC need to quit saying that we know exactly how Ebola spreads.  Because the truth is that there is much about this virus that we simply do not know.  For example, a top Ebola scientist that is working in the heart of the outbreak in Liberia says that this version of Ebola looks like it could be "a very different bug" from past versions.  Other leading scientists are echoing his concerns.  And yet Barack Obama and Thomas Frieden continue to publicly proclaim [...]
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Ebola Travel Ban Now!
theeconomiccollapseblog.com
Is Barack Obama completely insane?  By not instituting an immediate ban on all non-essential travel between the United States and West Africa, he is putting the lives of more than 300 million Americans at risk.  Anyone with a shred of common sense knows that you keep more people from getting sick by keeping the sick people away from the healthy people.  Because the Ebola outbreaks in Liberia, Guinea and Sierra Leone are raging out of control, it is extremely difficult to tell who is carrying [...]
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If A Few Ebola Cases Can Make The Stock Market Crash This Much, What Would A Full-Blown Pandemic Mean?
theeconomiccollapseblog.com
Is Ebola going to cause another of the massive October stock market crashes that Wall Street is famous for?  At one point on Wednesday, the Dow was down a staggering 460 points.  It ultimately closed down just 173 points, but this was the fifth day in a row that the Dow has declined.  And of course Ebola is one of the primary things that is being blamed for this stunning stock market drop.  Since September 19th, we have seen the S&P 500 fall about 7 percent and the Nasdaq fall nearly 10 [...]
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9 Ominous Signals Coming From The Financial Markets That We Have Not Seen In Years
theeconomiccollapseblog.com
Is the stock market about to crash?  Hopefully not, and there definitely have been quite a few "false alarms" over the past few years.  But without a doubt we have been living through one of the greatest financial bubbles in U.S. history, and the markets are absolutely primed for a full-blown crash.  That doesn't mean that one will happen now, but we are starting to see some ominous things happen in the financial world that we have not seen happen in a very long time.  So many of the same pa [...]
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12 Charts That Show The Permanent Damage That Has Been Done To The U.S. Economy
theeconomiccollapseblog.com
Most people that discuss the "economic collapse" focus on what is coming in the future.  And without a doubt, we are on the verge of some incredibly hard times.  But what often gets neglected is the immense permanent damage that has been done to the U.S. economy by the long-term economic collapse that we are already experiencing.  In this article I am going to share with you 12 economic charts that show that we are in much, much worse shape than we were five or ten years ago.  The long-term [...]
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Serious Financial Trouble Is Erupting In Germany And Japan
theeconomiccollapseblog.com
There are some who believe that the next great financial crash will not begin in the United States.  Instead, they are convinced that a financial crisis that begins in Europe or in Japan (or both) will end up spreading across the globe and take down the U.S. too.  Time will tell if they are ultimately correct, but even now there are signs that financial trouble is already starting to erupt in both Germany and Japan.  German stocks have declined 10 percent since July, and that puts them in "co [...]
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There Will Be Pestilences: Why Are So Many Deadly Diseases Breaking Out All Over The Globe Right Now?
theeconomiccollapseblog.com
Ebola, Marburg, Enterovirus and Chikungunya - these diseases were not even on the radar of most people coming into 2014, but now each one of them is making headline news.  So why is this happening?  Why are so many deadly diseases breaking out all over the world right now?  Is there some kind of a connection, or is the fact that so many horrible diseases are arising all at once just a giant coincidence?  And this could be just the beginning.  For example, there are now more than a million c [...]
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Why Won’t Obama Ban Air Travel From Countries Where Ebola Is Out Of Control?
theeconomiccollapseblog.com
Why does Barack Obama refuse to take even the most basic steps to protect Americans from Ebola?  Even though it has already been demonstrated that Ebola can be brought over to the United States by a passenger on an airplane, Obama refuses to do anything that would even restrict air travel from nations where Ebola is spiraling out of control.  Back in September, Obama said that it was "unlikely" that any individual with Ebola could get through the "extensive screening" at our airports and pose [...]
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During An Ebola Pandemic All Of Your Rights Would Essentially Be Meaningless
theeconomiccollapseblog.com
If there is a major Ebola pandemic in America, all of the liberties and the freedoms that you currently enjoy would be gone.  If government officials believe that you have the virus, federal law allows them to round you up and detain you "for such time and in such manner as may be reasonably necessary."  In addition, the CDC already has the authority to quarantine healthy Americans if they reasonably believe that they may become sick.  During an outbreak, the government can force you to remai [...]
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The Economic Implications Of A Potential Ebola Pandemic In The United States
theeconomiccollapseblog.com
For the moment, our top public health officials are quite adamant that there absolutely will not be a major Ebola outbreak in the United States.  But what if they are wrong?  Or what would happen if terrorists released a form of weaponized Ebola or weaponized smallpox in one of our major cities?  What would such an event do to our economy?  I think that we can get some clues by looking at the economic collapses that are taking place in Liberia, Guinea and Sierra Leone right now.  When an ex [...]
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The Economic Implications Of A Potential Ebola Pandemic In The United States
theeconomiccollapseblog.com
For the moment, our top public health officials are quite adamant that there absolutely will not be a major Ebola outbreak in the United States.  But what if they are wrong?  Or what would happen if terrorists released a form of weaponized Ebola or weaponized smallpox in one of our major cities?  What would such an event do to our economy?  I think that we can get some clues by looking at the economic collapses that are taking place in Liberia, Guinea and Sierra Leone right now.  When an ex [...]
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Ebola In America: The Confirmed Case In Dallas, Texas Could Change Everything
theeconomiccollapseblog.com
The day that many of us hoped would never arrive is here.  Ebola has come to America.  Air travel between the United States and the countries of Liberia, Guinea and Sierra Leone should have been totally shut down except for absolutely essential personnel but it wasn't.  And now our nation may end up paying a great price as a result.  On Tuesday, the CDC announced that there is a confirmed case of Ebola in Dallas, Texas.  We know that this individual is a male and that he traveled by air fro [...]
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The U.S. Government Is Borrowing About 8 Trillion Dollars A Year
theeconomiccollapseblog.com
I know that headline sounds completely outrageous.  But it is actually true.  The U.S. government is borrowing about 8 trillion dollars a year, and you are about to see the hard numbers that prove this.  When discussing the national debt, most people tend to only focus on the amount that it increases each 12 months.  And as I wrote about recently, the U.S. national debt has increased by more than a trillion dollars in fiscal year 2014.  But that does not count the huge amounts of U.S. Trea [...]
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Smoking Gun Evidence That The New York Fed Serves The Interests Of Goldman Sachs
theeconomiccollapseblog.com
For years, many people have suspected that the New York Fed is more or less controlled by the "too big to fail" banks.  Well, now we have smoking gun evidence that this is indeed the case.  A very brave lawyer named Carmen Segarra made a series of audio recordings while she was working for the New York Fed.  The 46 hours of meetings and conversations that she recorded are being called "the Ray Rice video for the financial sector" because of the explosive content that they contain.  What thes [...]
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5 U.S. Banks Each Have More Than 40 Trillion Dollars In Exposure To Derivatives
theeconomiccollapseblog.com
When is the U.S. banking system going to crash?  I can sum it up in three words.  Watch the derivatives.  It used to be only four, but now there are five "too big to fail" banks in the United States that each have more than 40 trillion dollars in exposure to derivatives.  Today, the U.S. national debt is sitting at a grand total of about 17.7 trillion dollars, so when we are talking about 40 trillion dollars we are talking about an amount of money that is almost unimaginable.  And unlike st [...]
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The Pure Hell At The Heart Of The Ebola Pandemic In Africa Could Soon Be Coming To America
theeconomiccollapseblog.com
Did you know that the number of Ebola cases in Liberia and Sierra Leone is approximately doubling every 20 days?  People are dropping dead in the streets, large numbers of bodies are being dumped into the rivers, and gravediggers can hardly keep up with the the number of corpses that are being delivered to the cemeteries.  As you read this, life is pure hell in many areas of West Africa, and now the CDC is warning that things may get far, far worse in the very near future.  According to the C [...]
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This Is About As Good As Things Are Going To Get For The Middle Class – And It’s Not That Good
theeconomiccollapseblog.com
The U.S. economy has had six full years to bounce back since the financial collapse of 2008, and it simply has not happened.  Median household income has declined substantially since then, total household wealth for middle class families is way down, the percentage of the population that is employed is still about where it was at the end of the last recession, and the number of Americans that are dependent on the government has absolutely exploded.  Even those that claim that the economy is "r [...]
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Scam Alert: Hospitals All Over America Are Wildly Inflating Medical Bills
theeconomiccollapseblog.com
The next time you visit a hospital, it is your wallet that may end up hurting the most.  All over the United States, it has become common practice for hospitals to wildly inflate medical bills.  For example, it has been reported that some hospitals are charging up to 30 dollars for a single aspirin pill.  And as you will see below, some victims report being billed tens of thousands of dollars for a non-surgical hospital visit that lasts only a few hours.  When something is seriously wrong wi [...]
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