5 Economic Disasters We Were Warned About In Advance That Are Happening Right Now
By Michael Snyder Our leaders were able to successfully kick the can down the road for a long time, but now many of our long-term…
Economic Collapse
This Housing Bubble Is Different: It’s Much More Precarious
By Charles Hugh Smith And what happens next? Bubble symmetry: valuations fall at the same rate as they rose, declining back to the starting point…
The IMF Has Just Unveiled A New Global Currency Known As The “Universal Monetary Unit” That Is Supposed To Revolutionize The World Economy
By Michael Snyder A new global currency just launched, but 99 percent of the global population has no idea what just happened. The “Universal Monetary…
Growing BRICS Spells Imminent End of US Dollar
By Neenah Payne The dollar has functioned as the world’s reserve currency since 1921. The chart below shows that each of the world’s six reserve…
How Would You Fix This Colossal Multi-Trillion Dollar Mess?
By Michael Snyder Everyone can see the slow-motion train wreck that is unfolding right in front of our eyes, but nobody has a plan to…
Brace Yourselves For An Economic Avalanche, Because A Major Credit Crunch Has Already Begun
By Michael Snyder This is moving even faster than a lot of us thought that it would. For weeks, I have been warning my readers…
The Banking Crisis Gets Worse! $1.7 Trillion In Unrealized Losses Loom As U.S. Banks Rapidly Bleed Deposits
By Michael Snyder If our banking system can’t find a way to turn things around, our entire economy will soon be in a world of…
The Dollar Is In Trouble! Here Are 7 Signs That Global De-Dollarization Has Just Shifted Into Overdrive
By Michael Snyder For decades, the U.S. dollar was the undisputed king of global currencies, but now dramatic changes are happening. China, Russia, India, Brazil,…
These Economic Numbers Are Staggering
By Michael Snyder If you are struggling to make it in this economy, you are not alone, because there are millions of other Americans in…
Opening Day 2023: 1 in 3 Baseball Fans Can’t Afford Tickets This Year
By Chris Melore Major League Baseball is back and there’s nothing quite like the pageantry of Opening Day. While hope springs eternal for each fan’s…
The Everything Bubble and Global Bankruptcy
By Charles Hugh Smith The resulting erosion of collateral will collapse the global credit bubble, a repricing/reset that will bankrupt the global economy and financial…
Guess Who Is Now Warning That “Commercial Real Estate Is In Trouble”?
By Michael Snyder What will our financial system look like once the 20 trillion dollar commercial real estate industry implodes? You might want to start…
You Will Be Shocked By How Much Money Is Being Pulled Out Of U.S. Banks, And Now The Biggest Bank In Germany Is In Trouble
By Michael Snyder A trillion dollars is a lot of money. If you stacked a billion dollar bills on top of one another, the pile…
“The Banks Are Melting”, And Signs Of A Major Credit Contraction Are Already Starting To Emerge
By Michael Snyder When there is fear in the air, banks start getting really tight with their money, and right now there is lots of…