We are on the verge of another recession. So says Shadow Stats economist John Williams, who warns that by the end of July it will become apparent to all Americans. That’s when the government will release its latest GDP economic figures and according to Williams those numbers, combined with revisions for the first quarter of 2014, will show negative economic growth for a second quarter in a row, the official definition for recession. In an interview with Greg Hunter’s USA Watchdog, Williams explains that it all boils down to one critical...
Economic Collapse »
The Recession Is Coming: Economist Warns It’s Beyond Control: “I Don’t See What Will Save It At This Point”
Within a few more decades, dire food shortages may lead to global-scale conflict, warned a top plant scientist in the U.S. Agency for International Development (USAID). There may not be enough land, water and energy to sustain the potential 9 billion people who are projected to share the Earth by 2050. “Food issues could become as politically destabilizing by 2050 as energy issues are today,” said Fred Davies, senior science adviser for tUSAID’s bureau of food security, in a press release. Biotechnology, improved breeding and advances...
If you’ve watched a documentary about America’s economic situation in recent years there is a strong chance it was produced by Daniel Ameduri of Future Money Trends. He’s covered topics that include everything from the massive college debt bubble and the future of real estate, to water wars and what it will look like on the day the U.S. dollar finally crashes. In the following interview Daniel shares a wealth of knowledge and takes a practical approach for how to thrive personally and financially during an economic collapse. This is a must-watch...
Is China starting to implode financially as well? If so, what will this mean for the U.S.? From the FT: Hundreds of depositors have raced to pull their cash from a small rural bank in eastern China, forcing local officials to take emergency measures to calm the panic after the bank run began to spread. …But it has also been a localised event, contained to one farming county where lightly regulated credit co-operatives and loan guarantee companies failed this year after mismanaging funds. …With the panic reaching other branches of the bank,...
If you are an observer of the goings-on in the world and how the political, administrative and business elite operate, you have likely come to the conclusion that the whole situation is mind-boggling. Millions of hard working Americans and our counterparts around the world alike sit at the very brink of an unprecedented economic collapse orchestrated by the financial and economic machinations of the privileged few. They speak of belt tightening, the need for sacrifices and often mandate extreme taxation, promising that these strategies will make...
Yesterday Secretary of State and flip-flopper extraordinaire John Kerry advised Russia that Vladimir Putin has until Monday to pull back his forces from Ukraine. Failure to do so would lead to serious repercussions. Kerry was light on details, but we can assume he was talking about some sort of economic sanctions:
In 2012 an elite insider claimed that on or around March 4, 2014 the doomsday clock would ring, the effect of which would be a complete collapse of the U.S. economy. How former Vice Presidential adviser Grady Means came to this conclusion with a specific target date may forever remain clouded in secrecy. But given the state of current affairs around the world today, one can’t help but consider that maybe Grady Means was on to something. With the fight over political and resource control in the Ukraine heating up, is it possible the Means was...