A Financial Crisis Is Here! U.S. Banks Are Closing Down Hundreds Of Branches And Laying Off Thousands Of Workers
By Michael Snyder I know that there is a lot going on in the world right now, but I just had to write about what…
Economic Collapse
This Timeline of the Venezuelan Economic Collapse May Look Familiar to Americans
By J.G. Martinez Although I have done my best to try and describe most of what we have gone through, I realize there are some…
The Forgotten Middle: Americans Struggling Paycheck to Paycheck Living Fewer Years in Retirement
By Study Finds The projected health and financial outlook for Americans nearing retirement in the lower economic bracket hasn’t improved over the last two decades,…
3 Ways To Survive “The Great Taking”
By Nick Giambruno, International Man It’s a “scheme of central bankers to subjugate humanity by taking all securities, bank deposits, and property financed with debt.”…
The Societal Effects Of Inflation – How You Know Things Are Really Going Bad
By Brandon Smith Historically speaking, inflation/stagflation has always been a disastrous affair. One is hard pressed to find any legitimate examples of a country that…
Chapter 11 Filings By Businesses Soar 61% So Far This Year
By Daphne Howland Updates to Retail Dive’s bankruptcy tracker have been numerous in 2023 so far, with the all-important holiday quarter left to go. A…
We Are Witnessing One Of The Greatest Financial Market Crashes In History Right Now
By Michael Snyder History is starting to repeat itself. In 2008, bond prices crashed before stock prices did. Here in 2023, bond prices are crashing…
Costco Is SELLING OUT of Gold Bars — The Economic Crisis Can No Longer Be Hidden
By Daisy Luther These days, at Costco, it seems like you can get whatever you need for the Zombie Apocalypse. A savvy shopper can purchase…
Something Popped: Google Searches For “Sell My Airbnb” Surge As Travel Downturn Worsens
By Tyler Durden We told readers in late July, “Why AirBnB Owners Are About To Be Forced Property Sellers.” Then, one month later, in late August, we…
We Have Reached The Terminal Phase Of The Greatest Debt Spiral In The History Of The Human Race
By Michael Snyder If you are going to go out, you might as well do it with a bang. At the beginning of June, our…
How Great Is Our Economy If the Bottom 50%’s Share of the Nation’s Wealth Has Plummeted Since 2009?
By Charles Hugh Smith Something has been going very wrong in the US economy for a very long time, and whatever is going wrong accelerated…
10 Numbers Which Prove That The U.S. Economy Has Hit A Major Pivot Point
By Michael Snyder During the summer, many of the experts repeatedly assured us that the U.S. economy would be able to avoid a recession, but…
Credit Card Losses Are Surging At The Fastest Pace Since The Global Financial Crisis
By Tyler Durden One month ago we warned that the toxic cocktail of Volcker-esque rates, which have pushed the average credit card APR to a…
Life In America Has Never Been More Unaffordable Than It Is Right Now
By Michael Snyder Our standard of living is being systematically destroyed, but for a lot of years many Americans didn’t fully understand what was taking…