Finance

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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The War On Preppers: Obama Bans Ammo For The Most Popular Rifle In America
theeconomiccollapseblog.com
Because he can’t get Congress to approve the things that he wants to do, Barack Obama has apparently decided to rule by decree for the rest of his time in the White House.  One of Obama’s latest moves is to try to ban some of the most popular ammunition for the most popular rifle in America.  Previously, the Obama administration attempted unsuccessfully to ban the AR-15.  That didn’t work, so now Obama is going after the ammunition.  This is yet another example of the war o [...]
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The Odds Of A War Between Israel And Iran Just Went Way Up
theeconomiccollapseblog.com
Uh oh – Iran just got caught with both hands in the cookie jar.  It turns out that even while Iran has been negotiating a “historic peace deal” with the western world, it has been secretly operating a huge underground nuclear enrichment site that it didn’t tell anyone about.  But this is what the Iranians always do.  They lie, lie and then lie some more.  So how in the world can you make a deal with a government that absolutely refuses to tell the truth?  These revel [...]
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Why Does Maryland Have The Most Millionaires Per Capita? The Answer Might Make You Angry
theeconomiccollapseblog.com
The fat cats in Washington D.C. are living the high life, and they are doing it at your expense.  Over the past decade, there has been one area of the country which has experienced a massive economic boom.  Thanks to wildly out of control government spending, the Washington D.C. region is absolutely swimming in cash.  In fact, at this point the state of Maryland has the most millionaires per capita in the entire nation and it isn’t even close.  If you have never lived there, it is hard [...]
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14 Signs That Most Americans Are Flat Broke And Totally Unprepared For The Coming Economic Crisis
theeconomiccollapseblog.com
When the coming economic crisis strikes, more than half the country is going to be financially wiped out within weeks.  At this point, more than 60 percent of all Americans are living paycheck to paycheck, and a whopping 24 percent of the country has more credit card debt than emergency savings.  One of the primary principles that any of these “financial experts” that you see on television will teach you is to have a cushion to fall back on.  At the very least, you never know when [...]
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Most Americans Are Slaves And They Don’t Even Know It
theeconomiccollapseblog.com
Most Americans spend their lives working for others, paying off debts to others and performing tasks that others tell them that they “must” do.  These days, we don’t like to think of ourselves as “servants” or “slaves”, but that is what the vast majority of us are.  It is just that the mechanisms of our enslavement have become much more sophisticated over time.  It has been said that the borrower is the servant of the lender, and most of us start goin [...]
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It’s Germany vs. Greece, And The Very Survival Of The Eurozone Is At Stake
theeconomiccollapseblog.com
Is this the beginning of the end for the eurozone?  On Thursday, Germany rejected a Greek request for a six-month loan extension.  The Germans insisted that the Greek proposal did not require the Greeks to adhere to the austerity restrictions which previous agreements had forced upon them.  But Greek voters have already very clearly rejected the status quo, and the new Greek government has stated unequivocally that it will not be bound by the current bailout arrangement.  So can Germany and [...]
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Jesse Ventura: What Can Save the Middle Class? | Jesse Ventura Off The Grid – Ora TV
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Jesse Ventura: What Can Save the Middle Class? | Jesse Ventura Off The Grid - Ora TV Jesse Ventura ponders the ever-present question that’s troubling every politician looking to run for president in the 2016 elections: what, if anything, can save the middle class? After all, income inequality is spiraling out of the control in this country – it’s at its highest level since the Great Depression! Will we find our answer in auditing the Federal Reserve? Sound off to Jesse ora.tv/offtheg [...]
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When It Comes To ISIS, Obama Is Utterly Clueless
theeconomiccollapseblog.com
The most savage group of Islamic terrorists that any of us have ever seen has taken over large portions of Iraq, Syria and Libya.  As they go along, they are gleefully beheading, crucifying and torching innocent civilians.  They believe that they are living in the end times, and that they are part of a great Islamic army that will defeat “the forces of Rome” and bring about a glorious new age during which Islam rules the entire planet.  But Barack Obama and his minions absolutely [...]
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Greece Rejects Bailout Deal – Deadline To Avoid Financial Chaos In Europe Is March 1st
theeconomiccollapseblog.com
Europe is on the verge of a horrifying financial meltdown, and there are only a few short weeks left to avert total disaster.  On Monday, talks that were supposed to bring about yet another temporary “resolution” to the Greek debt crisis completely fell apart.  The new Greek government has entirely rejected the idea of a six month extension of the current bailout.  The Greeks want a new deal which would enable them to implement the promises that have been made to the voters.  But [...]
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Why The Price Of Oil Is More Likely To Fall To 20 Rather Than Rise To 80
theeconomiccollapseblog.com
This is just the beginning of the oil crisis.  Over the past couple of weeks, the price of U.S. oil has rallied back above 50 dollars a barrel.  In fact, as I write this, it is sitting at $52.93.  But this rally will not last.  In fact, analysts at the big banks are warning that we could soon see U.S. oil hit the $20 mark.  The reason for this is that the production of oil globally is still way above the current level of demand.  Things have gotten so bad that millions of barrels of oil ar [...]
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Two More Harbingers Of Financial Doom That Mirror The Crisis Of 2008
theeconomiccollapseblog.com
The stock market continues to flirt with new record highs, but the signs that we could be on the precipice of the next major financial crisis continue to mount.  A couple of days ago, I discussed the fact that the U.S. dollar is experiencing a tremendous surge in value just like it did in the months prior to the financial crisis of 2008.  And previously, I have detailed how the price of oil has collapsed, prices for industrial commodities are tanking and market behavior is becoming extremely c [...]
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Feds Hold Hearing On Whether They Should ‘Regulate’ Sites Like Drudge, Infowars And The Economic Collapse Blog
theeconomiccollapseblog.com
The control freaks that run our government always seem to want to “regulate” things that they do not like.  And so it should be no surprise that there is a renewed push to regulate independent news websites.  Sites like the Drudge Report, Infowars.com and The Economic Collapse Blog have been a thorn in the side of the establishment for years.  You see, the truth is that approximately 90 percent of all news and entertainment in this country is controlled by just six giant media cor [...]
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Guess What Happened The Last Time The U.S. Dollar Skyrocketed In Value Like This?…
theeconomiccollapseblog.com
Over the past decade, there has been only one other time when the value of the U.S. dollar has increased by so much in such a short period of time.  That was in mid-2008 – just before the greatest financial crash since the Great Depression.  A surging U.S. dollar also greatly contributed to the Latin American debt crisis of the early 1980s and the Asian financial crisis of 1997.  Today, the globe is more interconnected than ever.  Most global trade is conducted in U.S. dollars, and muc [...]
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Jesse Ventura: Battle of the Monarchs | Jesse Ventura Off The Grid – Ora TV
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Jesse Ventura: Battle of the Monarchs | Jesse Ventura Off The Grid - Ora TV In this edition of Off the Grid, Jesse Ventura gets in the ring with 2016 Presidential contenders Hillary Clinton and Jeb Bush. Watch them duke it out for the White House in the Battle of the Monarchs. Who do you want to win? Let us know at ora.tv/offthegrid/askjesse. Message Jesse at ora.tv/offthegrid/askjesse. www.ora.tv SUBSCRIBE to Jesse Ventura's channel: http://bit.ly/1cxRueG (Description) Sign up for show upd [...]
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If You Listen Carefully, The Bankers Are Actually Telling Us What Is Going To Happen Next
theeconomiccollapseblog.com
Are we on the verge of a major worldwide economic downturn?  Well, if recent warnings from prominent bankers all over the world are to be believed, that may be precisely what we are facing in the months ahead.  As you will read about below, the big banks are warning that the price of oil could soon drop as low as 20 dollars a barrel, that a Greek exit from the eurozone could push the EUR/USD down to 0.90, and that the global economy could shrink by more than 2 trillion dollars in 2015.  Most [...]
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A Day Of Reckoning For The Euro Has Arrived – 26 TRILLION In Currency Derivatives At Risk
theeconomiccollapseblog.com
This is the month when the future of the eurozone will be decided.  This week, Greek leaders will meet with European officials to discuss what comes next for Greece.  The new prime minister of Greece, Alexis Tsipras, has already stated that he will not accept an extension of the current bailout.  Officials from other eurozone countries have already said that they expect Greece to fully honor the terms of the current agreement.  So basically we are watching a giant game of financial “ch [...]
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Jesse Ventura: Four Trillion Dollar Plan | Jesse Ventura Off The Grid – Ora TV
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Jesse Ventura: Four Trillion Dollar Plan | Jesse Ventura Off The Grid - Ora TV In this edition of Off the Grid, Jesse Ventura unveils President Obama’s 4-trillion-dollar budget aimed at benefitting the middle class. Tune in to find out who will pay for all of it. Think this budget will benefit you? Let us know at ora.tv/offthegrid/askjesse. Message Jesse at ora.tv/offthegrid/askjesse. www.ora.tv SUBSCRIBE to Jesse Ventura's channel: http://bit.ly/1cxRueG (Description) Sign up for show [...]
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Only 44 Percent Of U.S. Adults Are Employed For 30 Or More Hours Per Week
theeconomiccollapseblog.com
Jim Clifton, the Chairman and CEO of Gallup, says that the percentage of Americans that are employed full-time has been hovering near record lows since the end of the last recession.  But most Americans don’t realize this because the official unemployment numbers are extremely misleading.  In fact, Clifton says that the official 5.6 percent unemployment rate is a “big lie”.  Gallup regularly tracks the percentage of U.S. adults that are employed for 30 or more hours per week [...]
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It Is About To Get Ugly: Oil Is Crashing And So Is Greece
theeconomiccollapseblog.com
The price of oil collapsed by more than 8 percent on Wednesday, and a decision by the European Central Bank has Greece at the precipice of a complete and total financial meltdown.  What a difference 24 hours can make.  On Tuesday, things really seemed like they were actually starting to get better.  The price of oil had rallied by more than 20 percent since last Thursday, things in Europe seemed like they were settling down, and there appeared to be a good deal of optimism about how global fi [...]
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Barack Obama Says That What America Really Needs Is Lots More Debt
theeconomiccollapseblog.com
When it comes to taking a chainsaw to the future of America, nobody seems more eager than Barack Obama.  Despite the fact that the U.S. national debt is on pace to approximately double during his eight years in the White House, he has just proposed a budget that would take government spending to crazy new heights.  When Barack Obama took the oath of office, the U.S. national debt was 10.6 trillion dollars.  Today, it has surpassed the 18 trillion dollar mark.  And even though we are being to [...]
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This Housing Chart Destroys The Arguments Of The Economic Optimists
theeconomiccollapseblog.com
Did you know that the rate of homeownership in the United States has fallen to a 20 year low?  Did you know that it has been falling consistently for an entire decade?  For the past couple of years, the economic optimists have been telling us that the economy has been getting better.  Well, if the economy really has been getting better, why does the homeownership rate keep going down?  Yes, the ultra-wealthy have received a temporary financial windfall thanks to the reckless money printing t [...]
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Birth Pangs Of The Coming Great Depression
theeconomiccollapseblog.com
The signs of the times are everywhere – all you have to do is open up your eyes and look at them.  When a pregnant woman first goes into labor, the birth pangs are usually fairly moderate and are not that close together.  But as the time for delivery approaches, they become much more frequent and much more intense.  Economically, what we are experiencing right now are birth pangs of the coming Great Depression.  As we get closer to the crisis that is looming on the horizon, they will b [...]
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