PARIS (Reuters) - There are signs that the economies of two of the world's leading emerging powerhouses, India and China, are starting to falter, while Europe continues to be handicapped by its debt woes according to a recent report by the Organisation for Economic Co-operation and Development (OECD). [Here are some of the pertinent data.] Words: 250
Read More »Search Results for: economic collapse
European Union Will Collapse Before the End of 2012: This is NOT Doom & Gloom – This IS Reality!
[The European Union] will collapse before the end of the year and very likely before the end of the summer. When this crisis hits it will be worse than 2008 and the world Central Banks will not be able to control the damage. What makes this time different are several items: [Let me explain]. Words: 1400
Read More »Martin Armstrong Explains Why the USD is Strong and Gold Weak in This Economic Environment (+4K Views)
Understanding what we are facing right now is critical to our survival.... [and to do so] we must embrace a global correlation approach to comprehend the true global implication of how capital moves. [Martin Armstrong provides a remarkable explanation of what is going on right now with the U.S. dollar, bond yields and the current price of gold. It would be well worth your time to read and reflect on what he has to say.] Words: 822
Read More »Economic Alert: If You’re Not Worried Yet…You Should Be (+2K Views)
For the past four years I have been covering the progression of the global economic crisis with an emphasis on the debilitating effects it has had on the American financial system. Only once before have I ever issued an economic alert, and this was at the onset of the very first credit downgrade in U.S. history by S&P. I do not take the word “alert” lightly. [Read on to to understand why I have issued an economic alert once again.] Words: 1904
Read More »Germany Could Initiate the Collapse of the European Union Within Months – Here's Why
As many of you know, my primary forecast regarding Europe is that the EU will be broken up and/or collapse within the coming months. The reasons for this are financial, monetary and political in nature [with much of the latter dependant on what happens in Germany. Let me explain.] Words: 516
Read More »Richard Russell’s Alarming (Alarmist?) Views on the VERY Near Future: Crime, Chaos, Collapse & Skyrocketing Gold (+2K Views)
Get ready...Save some cash, load up with gold and silver, and be patient...Start by buying top-grade dividend-paying stocks and gold on dips or corrections, and hold your gold. This era will see the catastrophic collapse of all fiat money. Gold should skyrocket. Get ready for crime and violence...
Read More »I Am Not Alone! Here are Quotes From 17 Others on Coming Global Financial Collapse (+3K Views)
It is easy to be branded a Cassandra when one has nothing but negative forecasts but so be it - it is what I see and believe. It is more palatable to be wrong in a distinguished crowd than as a lone nut, however, so I offer below quotes from 17 others about the coming global financial collapse that will make your stand up. Words: 1226
Read More »This Picture of European Economic Reality is Worth 26,911 Words – Take a Look
The European economic situation is explained very simply in the illustration below. Take a look.
Read More »Graham Summers: Spain's Fiscal Problems Will Result in Collapse of European Union! Here's Why
On the surface, Spain's debt woes have many things in common with those of Greece - bad age demographics and a toxic bank system - but you'll note that, as we tackle each of these, Spain is in fact in far worse fiscal shape than Greece. [Let's take a look.] Words: 700
Read More »Save 1+ Hours! Read Campbell's Synopsis of, and Comments on, the IMF's 2012 World Economic Outlook
The International Monetary Fund has just released its 2012 World Economic Outlook, sub-titled 'Growth Resuming, Dangers Remain'. I have read it in full and present a brief synopsis of it below which will save you more than 1 hour of your time doing so. I have also commented on some of their statements to provide greater clarity and understanding of what the report conveys. Words: 674
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