Global Debt Is Up To $188,000,000,000,000 – This Is Officially The Biggest Debt Bubble The World Has Ever Seen
By Michael Snyder The world is now 188 trillion dollars in debt, and that number continues to grow rapidly each year. It is a form…
Economic Collapse
The Economic Crash So Far: A Look At The Real Numbers
By Brandon Smith There are many problems when attempting to track a faltering economy. For one, the people in government generally do not want the…
We Haven’t Seen A Manufacturing Slowdown Like This Since The Last Financial Crisis
By Michael Snyder This isn’t what was supposed to happen. According to the economic optimists, there was going to be a great “manufacturing renaissance” as…
Bad Loans at Big British Banks Jump Over 50% in a Year
By Lubomir Tassev Shaken by the never-ending saga around Brexit and the global slowdown, the British economy is now showing signs that point to an…
Don’t Get Crushed: 6 Months ‘Til RECESSION!
This is a critical update from one of the best financial commentators I know, a good friend of ours, Mr. Lior Gantz of WealthResearchGroup.com and…
The Next Shoe In The Farm Crisis Drops: Bankruptcies Soar 24%
By Tyler Durden The American Farm Bureau (AFB) warned Wednesday that farm bankruptcies are entering a parabolic move. The farm crisis, as we’ve pointed out, is only…
The IMF and Argentina: Same Dance, Same Results
By Nicolás Cachanosky Argentina is in trouble again. Even after a substantial aid package from the International Monetary Fund (IMF), it is struggling to service…
We Just Got Some Good Economic News
By Michael Snyder When some good economic news comes along, we should be thankful for it, because such moments are becoming increasingly rare. On Friday,…
More Bad Economic Numbers Put A Huge Dent In The Case Of The Economic Optimists
By Michael Snyder For a long time, people have been trying to tell me that the U.S. economy is headed for a new golden era. …
Hong Kong Crashed Into First Recession Since 2009
By Tyler Durden The first domino in the next global economic crisis has fallen this morning, when Hong Kong crashed into a technical recession, the first…
Record Low Temps Up To 50 Degrees Below Normal Threaten To Absolutely Wreck The Rest Of The Harvest Season
By Michael Snyder It isn’t supposed to be this cold in October. The official start of winter is still almost two months away, and yet…
The Boom Turns Into A Bust — Here are 14 Signs That The U.S. Economy Is Steadily Weakening
By Michael Snyder There should no longer be any doubt that the U.S. economy is slowing down, but most Americans still don’t realize what is…
Three Things You Didn’t Know About The Crash of 1929
By Simon Black, Sovereign Man October 28, 1929– 90 years ago today– is known as ‘Black Monday’ in financial circles. The US stock market had…
McKinsey: Majority of Banks May Not Be Economically Viable
By Kevin Helms Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not…