Money

The Number Of Volcanic Eruptions Is Increasing And That Could Lead To An Extremely Cold Winter
theeconomiccollapseblog.com
The number of volcanoes that are erupting continues to rise, and scientists cannot seem to explain why this is happening.  In 2013, we witnessed the most volcanic eruptions worldwide that we have ever seen in a single year, and this increased activity has carried over into 2014.  In recent months, we have seen major volcanoes roar to life in Russia, Peru, Hawaii, Reunion Island, Indonesia, and all over Alaska.  It is highly unusual for so many volcanoes to all be erupting at the same time.   [...]
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Computer Models Tell Us That This Ebola Pandemic Could Soon Kill Millions
theeconomiccollapseblog.com
We could potentially be on the verge of the greatest health crisis that any of us have ever seen.  The number of Ebola cases in Africa has approximately doubled over the past three weeks, and scientific computer models tell us that this Ebola pandemic could ultimately end up killing millions of us - especially if it starts spreading on other continents.  At first, many assumed that this Ebola outbreak would be just like all the others - that it would flare up for a little while and then it wou [...]
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The U.S. National Debt Has Grown By More Than A Trillion Dollars In The Last 12 Months
theeconomiccollapseblog.com
The idea that the Obama administration has the budget deficit under control is a complete and total lie.  According to the U.S. Treasury, the federal government has officially run a deficit of 589 billion dollars for the first 11 months of fiscal year 2014.  But this number is just for public consumption and it relies on accounting tricks which massively understate how much debt is actually being accumulated.  If you want to know what the real budget deficit is, all you have to do is go to a [...]
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Vote YES On Scottish Independence – Scotland Finally Has A Chance To Get Free From The British
theeconomiccollapseblog.com
Scottish voters finally have the opportunity to fulfill William Wallace's dream of a Scotland that is free and independent of England forever.  All they have to do is vote yes next week.  Without a doubt, a divorce from the British would be quite messy, and life would probably be more comfortable in the short-term if Scotland remains part of the United Kingdom.  But hopefully the people of Scotland are looking beyond short-term concerns.  Today, the United Kingdom is a horribly repressive Bi [...]
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Once Again Obama Shows That He Is Clueless About What Is Going On In The Middle East
theeconomiccollapseblog.com
Why would Barack Obama want to give hundreds of millions of dollars of weapons to groups inside Syria that are selling weapons to ISIS and regularly fighting alongside them?  Is he really that clueless about what is going on in the Middle East?  The FSA and other groups of "moderate" fighters inside Syria do not consider ISIS to be an enemy.  Rather, they consider ISIS to be an important ally in the struggle to overthrow the Syrian government.  In fact, many "moderate" units have actually jo [...]
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The Era Of Widespread Biometric Indentification And Microchip Implants Is Here
theeconomiccollapseblog.com
Are you ready to have your veins scanned every time you use your bank account?  Are you ready to use a "digital tattoo" or a microchip implant to unlock your telephone?  Once upon a time we read about such technologies in science fiction novels, but now they are here.  The era of widespread biometric identification and microchip implants is upon us, and it is going to change the way that we live.  Proponents of these new technologies say that they will make our private information and our ba [...]
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Small Business Ownership In America Is At An All-Time Low
theeconomiccollapseblog.com
According to the Federal Reserve, the percentage of American families that own a small business is at the lowest level that has ever been recorded.  In a report that was just released entitled "Changes in U.S. Family Finances from 2010 to 2013: Evidence from the Survey of Consumer Finances", the Federal Reserve revealed that small business ownership in America "fell substantially" between 2010 and 2013.  Even in the midst of this so-called "economic recovery", small business ownership in Ameri [...]
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If The Economy Is Recovering, Why Is The Labor Force Participation Rate At A 36 Year Low?
theeconomiccollapseblog.com
Should we be concerned that the percentage of Americans that are either working or looking for work is the lowest that it has been in 36 years?  In August, an all-time record high 92,269,000 Americans 16 years of age and older did not "participate in the labor force".  And when you throw in the people that are considered to be "in the labor force" but are not currently employed, that pushes the total of working age Americans that do not have jobs to well over 100 million.  Yes, it may be har [...]
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Most People Don’t Believe It, But We Are Right On Schedule For The Next Financial Crash
theeconomiccollapseblog.com
People have such short memories.  Even though we are repeating so many of the same patterns that we witnessed in 2000-2001 and 2007-2008, most people do not think that another financial crash is coming.  In fact, with the stock market setting record high after record high lately, I have been taking quite a bit of criticism for my relentless warnings about the coming financial storm.  Many of the comments go something like this: "Snyder you are a moron!  Nothing you say ever comes true.  The [...]
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16 Apocalyptic Quotes From Global Health Officials About This Horrific Ebola Epidemic
theeconomiccollapseblog.com
Ebola continues to spread an an exponential rate.  According to the World Health Organization, 40 percent of all Ebola cases have happened in just the last three weeks.  At this point, the official numbers tell us that approximately 3,500 people have gotten the virus in Africa and more than 1,900 people have died.  That is quite alarming, but the real problem will arise if this disease continues to spread at an exponential pace.  One team of researchers has used computer modeling to project [...]
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The Seven Year Cycle Of Economic Crashes That Everyone Is Talking About
theeconomiccollapseblog.com
Large numbers of people believe that an economic crash is coming next year based on a seven year cycle of economic crashes that goes all the way back to the Great Depression.  What I am about to share with you is very controversial.  Some of you will love it, and some of you will think that it is utter rubbish.  I will just present this information and let you decide for yourself what you want to think about it.  In my previous article entitled "If Economic Cycle Theorists Are Correct, 2015 [...]
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Wall Street Admits That A Cyberattack Could Crash Our Banking System At Any Time
theeconomiccollapseblog.com
Wall Street banks are getting hit by cyber attacks every single minute of every single day.  It is a massive onslaught that is not highly publicized because the bankers do not want to alarm the public.  But as you will see below, one big Wall Street bank is spending 250 million dollars a year just by themselves to combat this growing problem.  The truth is that our financial system is not nearly as stable as most Americans think that it is.  We have become more dependent on technology than e [...]
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The Road To World War 3: Russia And Ukraine Are Now Engaged In A Shooting War
theeconomiccollapseblog.com
Russian soldiers and Ukrainian soldiers are now shooting at each other in eastern Ukraine.  Could this conflict ultimately lead us down the road to World War 3?  This week, a very robust force of "tanks, artillery and infantry" has opened up a "third front" in the Ukrainian civil war in a part of southeastern Ukraine that had not seen much fighting yet.  Exhausted Ukrainian forces are suddenly being pushed back rapidly and many outsiders are wondering how the nearly defeated rebels were able [...]
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Ebola Among Health Workers: More Than 240 Sick, More Than 120 Dead
theeconomiccollapseblog.com
If hundreds of doctors and nurses are becoming infected with Ebola, what chance is the general public going to have?  This is not just a question that many of us are asking.  As you will see below, this is a question that the World Health Organization is asking.  When dozens of health workers started getting Ebola, nobody could explain how it was happening.  More precautions were taken and health workers were even more careful than before.  Then the number of sick health workers rose to 170 [...]
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Why The Earthquake Near San Francisco Is Just The Start Of The Shaking In California
theeconomiccollapseblog.com
If you thought that the earthquake that struck northern California on Sunday was something, just wait until you see what is coming in the years ahead.  As you will read about below, we live at a time when earthquake activity is dramatically increasing.  This is especially true of the "Ring of Fire" which runs roughly along the outer perimeter of the Pacific Ocean.  Approximately 81 percent of all big earthquakes occur along the Ring of Fire, and the entire west coast of the United States fall [...]
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New Bill In Congress Would Ban Private Citizens From Owning Body Armor
theeconomiccollapseblog.com
A new law that has been introduced in the U.S. House of Representatives "would prohibit the sale, transfer or possession of military-level body armor by civilians".  In other words, private citizens all over the entire nation would be permanently banned from owning body armor if this bill gets passed and signed into law. The bill that I am talking about is H.R. 5344 (The Responsible Body Armor Possession Act), and you can view the proposed legislation for yourself right here.  The driving forc [...]
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30 stats to show to anyone that does not believe the middle class is being destroyed
theeconomiccollapseblog.com
The 30 statistics that you are about to read prove beyond a shadow of a doubt that the middle class in America is being systematically destroyed.  Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a staggering pace.  Yes, the stock market has soared to unprecedented heights this year and there are a few isolated areas of the country that are doing rather well for the moment.  But overall, the long-term [...]
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Uh Oh: Police Shoot And Kill Another Young Black Male In The St. Louis Area
theeconomiccollapseblog.com
On Tuesday, police in north St. Louis shot and killed a 23-year-old African-American male that was suspected of robbing a convenience store.  It is being reported that he was brandishing a knife and kept coming toward the police even after they ordered him to stop and drop the knife multiple times.  So it sounds like the police may have been justified in shooting this suspect, but is that really going to matter?  Within moments of the shooting, there were reports that crowds were already gath [...]
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Why so much anger in Ferguson? 10 facts about the massive economic gap between white America and black America
theeconomiccollapseblog.com
When people feel like they don't have anything else to lose, they are likely to do just about anything.  Many in the mainstream media seem absolutely mystified as to why there is so much anger in Ferguson, but as I pointed out yesterday, all of this anger did not erupt out of a vacuum.  Economic conditions in Ferguson, and for African-Americans as a whole, have been deteriorating for years.  Sadly, many white Americans are totally oblivious to any of this.  Many of them have absolutely no id [...]
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Why Were The Police In Ferguson Told Not To Stop The Rampant Looting On Friday Night?
theeconomiccollapseblog.com
On Friday night, the city of Ferguson, Missouri was absolutely packed with militarized police.  But when the looting started, they did nothing about it.  In fact, news reports indicate that the police were lined up just blocks from where the looting was happening but did not make any attempt to stop it.  When I first read the news reports that I am about to share with you, I could hardly believe them.  I had to read them more than once just to be sure that I was understanding what I was read [...]
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14 Reasons Why The U.S. Economy’s Bubble Of False Prosperity May Be About To Burst
theeconomiccollapseblog.com
Did you know that a major event just happened in the financial markets that we have not seen since the financial crisis of 2008?  If you rely on the mainstream media for your news, you probably didn't even hear about it.  Just prior to the last stock market crash, a massive amount of money was pulled out of junk bonds.  Now it is happening again.  In fact, as you will read about below, the market for high yield bonds just experienced "a 6-sigma event".  But this is not the only indication t [...]
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Job = Just Over Broke
theeconomiccollapseblog.com
If you are fortunate enough to have a job in America today, the phrase "just over broke" probably describes you.  Yes, there are a handful of jobs that certainly pay very well, but most Americans that work for somebody else are just barely making it from month to month.  More than half of all working Americans are living paycheck to paycheck, and more than half of all working Americans make less than $30,000 a year.  That is an amazing statistic but it is actually true.  Once upon a time, an [...]
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Ferguson Is A Perfect Example Of How Quickly The Streets Of America Can Descend Into Chaos
theeconomiccollapseblog.com
Rioting, looting, burning down stores and shooting police officers - is this about to become the "new normal" in America?  What we just witnessed happen in the streets of Ferguson, Missouri is a prime example of how quickly the streets of America can descend into chaos.  There is so much anger and frustration in this country, especially among our young people, that all it takes is a "trigger event" to spark a wildfire.  In this case, it was the shooting of an unarmed black teen by a police of [...]
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Ferguson Is A Perfect Example Of How Quickly The Streets Of America Can Descend Into Chaos
theeconomiccollapseblog.com
Rioting, looting, burning down stores and shooting police officers - is this about to become the "new normal" in America?  What we just witnessed happen in the streets of Ferguson, Missouri is a prime example of how quickly the streets of America can descend into chaos.  There is so much anger and frustration in this country, especially among our young people, that all it takes is a "trigger event" to spark a wildfire.  In this case, it was the shooting of an unarmed black teen by a police of [...]
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It Is Becoming Clear – We Are NOT Prepared For An Ebola Pandemic
theeconomiccollapseblog.com
The United States is woefully unprepared for an Ebola outbreak.  If a pandemic were to erupt, the very limited number of hospital labs and isolation units that we currently have would be rapidly overwhelmed.  Yes, we may be able to provide "state of the art care" for a handful of people, but if thousands (or millions) of Americans get the virus you can forget about it.  Our health industry is already stretched incredibly thin, and we simply do not have the resources to handle a tsunami of hig [...]
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CDC Getting Dozens Of Calls ‘About People Who Are Ill After Traveling In Africa’
theeconomiccollapseblog.com
Should we be alarmed that the CDC has received "several dozen calls" from hospitals around the country "about people who are ill after traveling in Africa"?  As you will read about below, a lot more Ebola testing has been going on around the nation than we have been hearing about in the mainstream media.  I can understand the need to keep people calm, but don't we have a right to know what is really going on?  And the media has also been very quiet about the fact that Ebola is now potentially [...]
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What Will It Mean If The Potential Ebola Victim In New York City Actually Has The Virus?
theeconomiccollapseblog.com
On Monday, we learned that a "possible Ebola patient" was being treated at Mount Sinai Hospital in New York City.  We are being told that this individual recently returned from a country in Africa where there have been confirmed cases of Ebola.  So that would narrow it down to Sierra Leone, Guinea, Liberia and Nigeria.  The patient is being described as a male "with high fever and gastrointestinal symptoms".  The hospital says that "necessary steps are being taken to ensure the safety of all [...]
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25 Critical Facts About This Ebola Outbreak That Every American Needs To Know
theeconomiccollapseblog.com
What would a global pandemic look like for a disease that has no cure and that kills more than half of the people that it infects?  Let's hope that we don't get to find out, but what we do know is that more than 100 health workers that were on the front lines of fighting this disease have ended up getting it themselves.  The top health officials in the entire world are sounding the alarm and the phrase "out of control" is constantly being thrown around by professionals with decades of experien [...]
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