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
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
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
U.S China trade war is going to be an absolutely catastrophic stock market crash and economic crisis. President Trump followed through on his threats and hit China with a massive tariff increase. As you will see below, China immediately pledged…
Read more
The fear of a major stock market crash has returned to global financial markets, and it does not appear that there will be an easy fix this time. For the first four months of 2019, the mainstream media told us…
Read more
Here is the scenario. “Government agencies are having difficulty making their payments. State governments are issuing vouchers to pay their bills. US Social Security is late in issuing its payments to retirees and the disabled. Many banks are issuing warnings…
Read more
If the world were to suddenly fall apart, these facts help to prove that only a very small percentage of those living now would likely carry on and as we learn in the videos below, 2019 will likely be an…
Read more