So much has been written about what various authors refer to as the economic (in alphabetical order) abyss, apocalypse, Armageddon, avalanche, catastrophe, chaos, cliff, collapse, crisis, disaster, downturn, endgame, meltdown, pain, reality, risks, situation, train wreck, tsunami, turmoil that faces the nations of the world I thought a source article of what has been said about the situation would be of interest. Have a look.
1. Another Crisis Is Coming & It May Be Imminent – Here’s Why
July 25, 2013 Leave a comment
Is there going to be another crisis? Of course there is. The liberalised global financial system remains intact and unregulated, if a little battered…The question therefore becomes one of timing: when will the next crash happen? To that I offer the tentative answer: it may be imminent…[This article puts forth my explanation as to why that will likely be the case.] Read More »
2. Rapidly Rising Interest Rates Could Lead to Financial Collapse – Here’s Why
July 25, 2013 1 Comment
The global financial system is potentially heading for massive amounts of trouble if interest rates continue to soar. So what does all this mean exactly? [Let me explain.] Read More »
3. Bonds Getting Slaughtered, Interest Rates to Rise Dramatically, Economic Bubbles to Implode
July 25, 2013 Leave a comment
What does it look like when a 30 year bull market ends abruptly? What happens when bond yields start doing things that they haven’t done in 50 years? If your answer to those questions involves the word “slaughter”, you are probably on the right track. Right now, bonds are being absolutely slaughtered, and this is only just the beginning. So why should the average American care about this? Read More »
4. Variable Interest Rates: Staring Into the Abyss
July 25, 2013 Leave a comment
It seems that the past few years of falling interest rates have lulled a big part of theInterest-Rates global economy into financing with variable-rate debt…[As such,] when interest rates go up (as they did last week), there’s a world-wide reset in interest costs that, best case, amounts to a tax increase on individuals and businesses and, worst-case, threatens to blow up the whole system. Read More »
5. U.S. Economy: Reduce Spending (Future Depression) OR Keep Spending (Future Hyperinflation)
July 25, 2013 1 Comment
The U.S. government is in what is known as a “debt death spiral”. They must borrow money to repay prior debts. It is as if they are using their Visa Card to make an American Express payment. The rate of new debt additions dwarf any rate of growth the economy can possibly achieve. The end is certain, only its timing is unknown, and, once interest rates begin to rise, and they will, it’s game over. Read More »
6. We’re Headed for Crippling Deflation First & Then Rampant Inflation – Here’s Why
July 25, 2013 1 Comment
Are we headed for rampant inflation or crippling deflation? I believe that we will see both. The next major financial panic will cause a substantial deflationary wave first, and after that we will see unprecedented inflation as the central bankers and our politicians respond to the financial crisis. [Let me explain why I think that will unfold.] Words: 1025 Charts: 3 Read More »
7. Crashes, Crashes Everywhere! These 11 Are Happening Right Now – Is the Stock Market Next?
July 25, 2013 3 Comments
Almost everywhere you look, there are signs that a financial avalanche has begun [and,] in many ways…[it] all is extremely reminiscent of 2008…so does that mean that a horrible stock market crash is coming as well? [Let’s review] the 11 economic crashes that are happening RIGHT NOW [and query what might] happen for the rest of the year. Read More »
8. Economic Collapse of Governments and Societies is Inevitable – Here’s Why
July 25, 2013 1 Comment
Things will get messy and nasty, sooner rather than later. Protect yourself and your family by preparing for a complete and utter economic collapse that will also collapse governments and societies. Predatory government will be stealing assets from anyone who has them. Read More »
July 25, 2013 1 Comment
At some point we are going to see another wave of panic hit the financial markets like we saw back in 2008. The false stock market bubble will burst, major banks will fail and the financial system will implode. It could unfold something like this: Words: 660 Read More »
July 25, 2013 1 Comment
Having given a lot of thought to both the differences and the similarities between Russia and the U.S. – the one that has collapsed already, and the one that is collapsing as I write this – I feel ready…to define five stages of collapse to serve as mental milestones as we gauge our own collapse-preparedness and see what can be done to improve it. Words: 2500 Read More »
11. U.S. Can’t Escape the Mess It’s In Without a Complete Economic Collapse! Here’s Why
July 25, 2013 1 Comment
The last several decades of governmental economic policy has seen wealth destruction. Such policies are analogous to the government heating its home by burning the furniture. Burning furniture might get you through a few winters, but unless it is replaced eventually there is nowhere to sit and no fuel for next winter. Fortunately our ancestors were industrious and frugal, creating a lot of furniture. We stayed warm for a long time as a result, but the furniture is disappearing. Words: 970 Read More »
12. Prefer Videos on the Dire State of the U.S. Economy? Then These Are for You
July 25, 2013
Busy? No problem. Don’t bother taking the time to surf the internet in search of videos on the dire state of the U.S. economy. This post contains descriptions and links to 57 of the best. Read More »