Goldman, Bank Of America Made Hundreds Of Millions From Texas Blackouts

Who needs Enron when you have taxpayer-backed “banks.” Whereas 20 years ago, it was Enron that made billions from the California electricity crisis (which it caused), a scandal which culminated with Enron’s scandalous and convoluted bankruptcy, this time it is … Continue reading Goldman, Bank Of America Made Hundreds Of Millions From Texas Blackouts

Why are so many Americans suddenly relocating, buying guns and storing up huge quantities of food?

In 2020, we have been watching hundreds of thousands of Americans relocate, gun sales have shattered all previous levels, and people are purchasing and storing huge stockpiles of food. We have seen the American people get deeply concerned about the … Continue reading Why are so many Americans suddenly relocating, buying guns and storing up huge quantities of food?

Prepare For The Worst: The Federal Reserve Wants More Interest Rate Hikes

The Federal Reserve still wants more interest rate hikes. Vice Chairman of The Fed, Richard Clarida, says more interest rate hikes are coming but he doesn’t know just how many times he’ll jack up the rates as of yet. According … Continue reading Prepare For The Worst: The Federal Reserve Wants More Interest Rate Hikes

“Trickle-Down Poverty”: The Coming Cashless Society Is Making People Desperate

Forget about tax policies and left-right politics with the coming era of Trump. The real trend for the direction of the economy is in the rapidly-accelerating transition to a cashless society. This vicious move by the top of the pyramid … Continue reading “Trickle-Down Poverty”: The Coming Cashless Society Is Making People Desperate

Global Financial Markets Plunged Into Chaos As Italy Overwhelmingly Votes ‘No’

Italian voters have embraced the global trend of rejecting the established world order, but the “no” vote on Sunday has plunged global financial markets into a state of utter chaos.  The euro has already fallen to a 20 month low, … Continue reading Global Financial Markets Plunged Into Chaos As Italy Overwhelmingly Votes ‘No’

European Banks Have Their Worst Two Day Stretch EVER As The Global Financial Crisis Intensifies

Over the last two trading days, European banks have lost 23 percent of their value. Let that number sink it for a bit. In just a two day stretch, nearly a quarter of the value of all European banks has been wiped out.

Continue reading European Banks Have Their Worst Two Day Stretch EVER As The Global Financial Crisis Intensifies

Did Goldman Sachs’ Latest Move Into Main Street Banking Just Give Us A Warning About The Coming Financial Crisis?

If there were ever a signal that large investment banks may be preparing for financial crisis and that they’ll be using your money to bail themselves out when it hits, this could be it.

Continue reading Did Goldman Sachs’ Latest Move Into Main Street Banking Just Give Us A Warning About The Coming Financial Crisis?

Helicopter Money: Global Central Banks Consider Distributing Money Directly To The People

Should central banks create money out of thin air and give it directly to governments and average citizens?  If you can believe it, this is now under serious consideration.  Since 2008, global central banks have cut interest rates 637 times, they have injected 12.3 trillion dollars into the global financial system through various quantitative easing programs, and we have seen an explosion of government debt unlike anything we have ever witnessed before.

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Housing Crash?: U.S. Existing Home Sales Fall By The Most In Six Years

We just got more evidence that a major economic slowdown is underway here in the United States.  Existing home sales were down a whopping 7.1 percent during the month of February, and this represented the biggest decline that we have seen in six years.  This is yet another sign that we are in the early stages of a new crisis that is eerily reminiscent of what happened back in 2008.

Continue reading Housing Crash?: U.S. Existing Home Sales Fall By The Most In Six Years

The Collapse Of Italy’s Banks Threatens To Plunge The European Financial System Into Chaos

The Italian banking system is a “leaning tower” that truly could completely collapse at literally any moment.  And as Italy’s banks begin to go down like dominoes, it is going to set off financial panic all over Europe unlike anything we have ever seen before.  I wrote about the troubles in Italy back in January, but since that time the crisis has escalated.  

Continue reading The Collapse Of Italy’s Banks Threatens To Plunge The European Financial System Into Chaos

FEMA Is Beta Testing a Bank Holiday As the Economy Nears Collapse

The global economy, and in particular, the American economy is in such a state of free-fall, it is difficult to know where to start when describing the overall devastation. Here is a small cross-section of the devastation which will precede some very major political, social and military  events which will not doubt accompany the the economic collapse which is well underway.

Continue reading FEMA Is Beta Testing a Bank Holiday As the Economy Nears Collapse

Insider Reveals Wells Fargo Is Preparing for Complete Economic Collapse

In part, this article is a case of breaking news which is really old news. In the video below, released on February 7, 2016,  the whistle-blower of doom, says he’s a teller. Ray Charles could see that this is not true. The referenced person is not a teller. The source is sophisticated enough to use an untraceable proxy server and has economic knowledge far beyond a common employee of a bank. This person’s message is that of a prominent insider who has the know-how with regard to covering his tracks and providing highly detailed insider knowledge. How can ascertain these facts about the … Continue reading Insider Reveals Wells Fargo Is Preparing for Complete Economic Collapse

22 Signs That The Global Economic Turmoil We Have Seen So Far In 2016 Is Just The Beginning

As bad as the month of January was for the global economy, the truth is that the rest of 2016 promises to be much worse.  Layoffs are increasing at a pace that we haven’t seen since the last recession, major retailers are shutting down hundreds of locations, corporate profit margins are plunging, global trade is slowing down dramatically, and several major European banks are in the process of completely imploding.  I am about to share some numbers with you that are truly eye-popping.  Each one by itself would be reason for concern, but when you put all of the pieces … Continue reading 22 Signs That The Global Economic Turmoil We Have Seen So Far In 2016 Is Just The Beginning

62 Members Of The Elite Have As Much Money As The Poorest 3.6 Billion People On The Entire Planet

Did you know that the top 1% has more wealth than the rest of the planet combined? And just 62 ultra-wealthy members of the elite have as much money as the poorest 3.5 billion people on the entire planet. These brand new numbers come from a shocking report that was just put out by Oxfam, and they show that income inequality continues to grow at a very rapid pace all over the world. As you will see below, the total wealth of the poorest half of the global population has plunged by 41 percent since 2010 while the wealth of the elite has … Continue reading 62 Members Of The Elite Have As Much Money As The Poorest 3.6 Billion People On The Entire Planet