47 Percent Of GDP — This Is Definitely The Scariest Corporate Debt Bubble In U.S. History
By Michael Snyder We are facing a corporate debt bomb that is far, far greater than what we faced in 2008, and we are being…
Economic Collapse
Central Bankers Have Declared War on Your Savings
By Andrew Moran When any one of the plethora of bubbles burst – pick your poison – and the next financial crisis impacts Wall Street…
5 More Signs That The Global Economy Is Heading Toward A Recession
By Michael Snyder The global economy is already in the worst distress that we have seen since 2008, and it appears that the global slowdown…
World’s Largest Hedge Fund Bets $1.5 Billion That The Stock Market Will Crash By March 2020 (Updated)
By Tyler Durden Update: After sparking much apocalyptic speculation following the previously reported WSJ article according to which Bridgewater has a $1.5 billion short position…
The World’s Ultra-Rich Scramble To Find Safe-Deposit Boxes Ahead Of The Next Crash
By Tyler Durden Last week we reported that, according to a new analysis by UBS Wealth Management, the wealthiest investors around the world are preparing…
No Power, No Running Water, No Toilets: Millions of Americans Are Living in Third-World Conditions
By Daisy Luther Scattered around the nation, there are parts of the country in which millions of Americans are living without the basic amenities that…
Netherlands Headed For Unprecedented Crisis: Millions Of Retirees Face Pension Cuts Thanks To The ECB
By Tyler Durden When one thinks of pensions crisis, the state of Illinois – with its woefully underfunded retirement system which issues bonds just to…
Brace For Impact! The U.S. Economy Is Going Down, And It Is Going Down Hard…
By Michael Snyder I have so many bad economic numbers to share with you that I don’t even know where to start. I had anticipated…
“Farmageddon”: Trump Announces More Emergency Bailouts As U.S. Farm Debt Soars To $416 Billion
By Michael Snyder President Trump just announced yet another round of emergency bailouts for U.S. farmers. This emergency aid will be greatly welcomed by countless…
People Are Still Struggling to Survive in Greece 9 Years “After” the Economic Crisis
By Aris Elliniadis Editor’s Note: Years ago, when I first began blogging, I wrote about the financial collapse of Greece. It turned out that this…
World’s Ultra-Rich Preparing For Market Crash, UBS Warns
By Tyler Durden A synchronized global slowdown, with no end in sight, has spooked some of the wealthiest investors around the world, according to a…
What to Do NOW in Case of a Future Banking System Breakdown
By Stefan Gleason The banking system may not be as sound we’ve been led to believe. It continues to get propped up through central bank…
Wisconsin’s Dairy Crisis: “We Are Losing Two Farms A DAY!”
By Mac Slavo Wisconsin’s dairy crisis has only just begun as the state is losing two farms each day, according to Patty Edelburg, vice president…
53 Million Americans Drowning in Cycle of Low-Wage Work
By Tyler Durden It’s the “Greatest Economy Ever,” right? Well, it depends on who you ask. For instance, a new report sheds light on 53 million Americans,…