19 Warnings About A Coming Global Financial Catastrophe

financial

Global leaders have tried just about everything that they can think of, but the coming global financial catastrophe continues to march steadily toward us.  We have seen “stimulus packages”, quantitative easing, bond buying, interest rate cuts, emergency economic summits, bailout packages for banks, bailout packages for entire nations, “Operation Twist”, unprecedented government intervention in business and massive amounts of new government debt and yet nothing seems to revive the global economy.  In fact, it looks like we are rapidly heading into the second dip of a “double dip recession”.  Unfortunately, many believe that this next dip will be more like a full-blown depression.  [Read more…]

Top Adviser To The Chinese Government Calls For A “Global Currency” To Replace The U.S. Dollar

Chinese

The former chief economist at the World Bank, Justin Yifu Lin, is advising the Chinese government that the time has come for a single global currency.  Lin, who is also a professor at Peking University, says that the U.S. dollar “is the root cause of global financial and economic crises” and that moving to a “global super-currency” will bring much needed stability to the global financial system.  [Read more…]

Not Prepared: Will Most Americans Be Absolutely Blindsided By Multiple Wars And A Simultaneous Economic Collapse?

Prepared

According to CBS News, an astounding three-fourths of all Americans have to “scramble to cover their living costs” each month.  In other words, most of the country is either living paycheck to paycheck or very close to it.  But instead of tightening their belts and trying to put something away for the very hard times that are coming, most Americans are completely and utterly unprepared for what is ahead because the people that they trust on television keep telling them that everything is going to be okay.  Unfortunately, everything is not going to be “okay”, and when things start falling apart all around us there is going to be a lot of anger directed toward those that have been lulling everyone into a false sense of security. [Read more…]

The Debt Ceiling Deadline Has Passed, And Now The Biggest Test Of Donald Trump’s Presidency Begins…

Donald Trump

Donald Trump’s Presidency Begins

On Wednesday, the temporary suspension of the debt ceiling ended, and so now the federal government is not going to be able to go into any more debt until the debt ceiling is raised.  For the moment, the Trump administration can implement “emergency measures” to stay under the debt limit, but it won’t be too long before we get to a major crisis point because the federal government is quickly running out of cash.  Already, the U.S. Treasury has less cash on hand than Apple or Google, and that cash balance is going to keep on dropping until the debt ceiling is finally lifted. [Read more…]

The Global Famine Begins: UN Announces That The Worst Food Crisis Since World War II Is Happening Right Now

Famine

The Global Famine Begins

We always knew that this would start happening.  Earlier this month, I wrote about the severe economic problems that are plaguing South America, but up to this point I have neglected to discuss the horrific famines that are breaking out all over Africa.  Right now there is a desperate need for food in South Sudan, Somalia, northeast Nigeria, Eritrea and Kenya.  And Yemen, even though it is not technically part of Africa, is being affected by many of the same factors that are crippling nations all over eastern Africa.  The United Nations says that more than 20 million people could die from starvation and disease if nothing is done.  When I write about economic collapse, this is the kind of thing that I am talking about, and we are starting to see alarming conditions spread across the globe.  Many believe that we could never possibly face this kind of food crisis in the western world, but unfortunately wishful thinking will only get you so far. [Read more…]

$21,714 For Every Man, Woman And Child In The World – This Global Debt Bomb Is Ready To Explode

global debt

According to the International Monetary Fund, global debt has grown to a staggering grand total of 152 trillion dollars.  Other estimates put that figure closer to 200 trillion dollars, but for the purposes of this article let’s use the more conservative number.  If you take 152 trillion dollars and divide it by the seven billion people living on the planet, you get $21,714, which would be the share of that debt for every man, woman and child in the world if it was divided up equally. [Read more…]

Radical Leftists Are Warning That The Trump Years Will Be ‘Apocalyptic’ – And They Just Might Be Right

Trump

Trump Years Will Be ‘Apocalyptic’

Is the United States about to plunge into an apocalyptic nightmare from which it may never recover? During the Obama era conservatives often warned of such scenarios, but now things have completely shifted. At the moment, conservatives are generally more optimistic than they have been in many years, but quite a few liberals are warning that the Trump years could have absolutely disastrous consequences for this country. They are concerned that Trump’s policies could burst the giant debt bubble that we have been living in and trigger economic collapse, they are concerned that widespread civil unrest could soon erupt in our cities, they are concerned that our rapidly deteriorating environment and major natural disasters could soon kill millions, and they are also concerned that faltering relationships with other nations could lead us into World War III. [Read more…]

The Last Days Of ‘Normal Life’ In America

Last Days

Last Days Of ‘Normal Life’

If you have got family and friends that you would like to visit before things start getting really crazy, you should do so within the next couple of months, because these are the last days of “normal life” in America.  The website where I have posted this article is called “End of the American Dream“, but perhaps I should have entitled it “The End of America” because that is essentially what we are heading for.  The debt-fueled prosperity that so many of us take for granted is about to come to a screeching halt, and we are about to enter the hardest times that any of us have ever known.  And I am not just talking about economics either.  Based on all of the intel and information that I have gathered, we are about to enter a “perfect storm” that is going to shake this country in just about every possible way that it can be shaken.  So I hope that you will truly savor this summer – days like this will not come around again any time soon. [Read more…]