Suddenly, the world food markets spilled out of control. Within a year, prices for wheat doubled, those for soybean and sugar even tripled. The drivers behind this surge were stock decreases during the preceding years, a disappointing harvest due to…
Read more
Do you believe that the economic collapse is coming? If so, you certainly have a lot of company. It turns out that more than two-thirds of all U.S. households “are preparing for a possible economic downturn” right now. There is…
Read more
The difference between credit crunch and recession mainly depends on the causes that result in the beginning of each. Credit crunch is a result of financial institutions reducing the lending limit of funds to individuals and firms while recession can…
Read more
Karen Shakhnazarov, famous Russian director said recently : I’d return to that curious statement of Mr. Soros who said that the EU will share the fate of the USSR. Mr. Soros is a cynic, but an intelligent one. I believe…
Read more
Financial systems can be affected by a large number of different scenarios, and for the most part, a country can bounce back quite quickly with severe financial fluctuations going undetected by the majority of the population. But for the causes,…
Read more
Despite constant reassurances from federal overseers, Americans are becoming increasingly aware of the economy’s frail nature. While media pundits and analysts desperately push the failure of central planning and Keynesian economics, these five experts continue to be proven right on…
Read more
Max Keiser and Stacy Hurbert recently discussed how JP Morgan in a secret report is telling only their elite clients that the dollar is unlikely to remain the global reserve currency.The report was only meant for their private wealthy clients…
Read more
If an economic collapse occurs, it would happen quickly. No one would predict it. The surprise factor is, itself, one of the causes of a collapse. The signs of imminent failure are difficult for most people to see.But here are…
Read more
The probability of a major dollar crisis is very high. Things are mirroring the conditions that existed in 2008 except much worse. Russia and China have stopped buying treasuries and are now bypassing the Petrodollar and buying oil directly from…
Read more
It is going to take a miracle for the U.S. economy to pull out of this new economic collapse that is on our doorstep, because the economic numbers are really starting to deteriorate very rapidly now. On Tuesday we got…
Read more