Economy

economy

We Just Witnessed The Worst Week For Global Financial Markets In 3 Years

Is this the start of the next major financial crisis?  The nightmarish collapse of the price of oil is creating panic in financial markets all over the planet.  On June 16th, U.S. oil was trading at a price of $107.52.  Since then, it has fallen by almost 50 dollars in less than 6 months.  This


Gold And Silver – Wall Street, a.k.a. United States, Pulls Off Another Destructive Coup

  By: Edge Trader Plus - The clichéd definition of insanity is doing the same thing over and over and expecting different results. There is no room for sanity in the United States, anymore, and the public is sleepwalking through it all.  Arguably, this has been carefully orchestrated by the elites over the past century,


14 Facts That Prove That The Number Of Children Living In Poverty This Christmas Is At A Record High

Did you know that 65 percent of all children in the United States live in a home that receives aid from the federal government?  We live at a time when child poverty in America is exploding.  Yes, the U.S. economy is experiencing a temporary bubble of false stability for the moment, but even during this


Not Just Oil: Guess What Happened The Last Time Commodity Prices Crashed Like This?…

It isn’t just the price of oil that is collapsing.  The last time commodity prices were this low was during the immediate aftermath of the last financial crisis.  The Bloomberg Commodity Index fell to 110.4571 on Monday – the lowest that it has been since April 2009.  Just like junk bonds, industrial commodities are a


Your Life Depends On Literally Taking Your Money Out Of The Bank

Your life depends on whether you begin to take your assets out the bank and begin to purchase life sustaining supplies. You need to start this process, today, in accordance with the principles I laid out in a previous article. The Death of the American Economy There was an obscure story which ran two years


Anyone That Believes That Collapsing Oil Prices Are Good For The Economy Is Crazy

Are much lower oil prices good news for the U.S. economy?  Only if you like collapsing capital expenditures, rising unemployment and a potential financial implosion on Wall Street.  Yes, lower gasoline prices are good news for the middle class.  I certainly would rather pay two dollars for a gallon of gas than four dollars.  But


The Forecaster: Can This Computer Predict The Future? (The Government Certainly Thinks So)

By: Mac Slavo | SHTFplan.com - For nearly ten years economic forecaster Martin Armstrong sat in a federal prison. He had not be charged with any crime. He was never given a trial. They simply arrested him, seized his life’s work, and threw away the key. Why? Because according to many in the global trading community


New Law Would Make Taxpayers Potentially Liable For TRILLIONS In Derivatives Losses

If the quadrillion dollar derivatives bubble implodes, who should be stuck with the bill?  Well, if the “too big to fail” banks have their way it will be you and I.  Right now, lobbyists for the big Wall Street banks are pushing really hard to include an extremely insidious provision in a bill that would


World War III Is All That's Left To Save The American Economy

I despise the Federal Reserve and those who have run our economy into the ground. However, those of you who think that abolishing the Federal Reserve is the key to eliminating the oppression of the American people, are sadly mistaken.  Right now, the only reason you have a job to go to, a roof over your


Gold And Silver – Gold-Backed Currency? Not Any Time Soon, But Be Prepared.

By: Edge Trader Plus - Last year, many in 2013 were calling for the price of gold and silver to double, and more! Then came 2014 and those dashed hopes were pushed back to the second half of 2014. Earlier, in the first half of the year, we said that the second half could likely be


‘Near Perfect’ Indicator That Precedes Almost Every Stock Market Correction Is Flashing A Warning Signal

Are we about to see U.S. stocks take a significant tumble?  If you are looking for a “canary in the coal mine” for the U.S. stock market, just look at high yield bonds.  In recent years, almost every single time junk bonds have declined substantially there has been a notable stock market correction as well. 


Plummeting Oil Prices Could Destroy The Banks That Are Holding Trillions In Commodity Derivatives

Could rapidly falling oil prices trigger a nightmare scenario for the commodity derivatives market?  The big Wall Street banks did not expect plunging home prices to cause a mortgage-backed securities implosion back in 2008, and their models did not anticipate a decline in the price of oil by more than 40 dollars in less than


Another Ponzi Roll Over Of Treasury Debt

As the holiday season draws nearer, it is nice to know that a present for all Americans and future generations is building as the hordes of consumers storm the aisles of their favorite box store so that they can go further in debt. Much like maxing out your plastic limits and paying the monthly minimum,


Guess What Happened The Last Time The Price Of Oil Crashed Like This?…

There has only been one other time in history when the price of oil has crashed by more than 40 dollars in less than 6 months.  The last time this happened was during the second half of 2008, and the beginning of that oil price crash preceded the great financial collapse that happened later that


Did We Just Witness The Last Great Black Friday Celebration Of American Materialism?

Americans are going to spend more than 600 billion dollars this Christmas season, and on Friday we got to see our fellow citizens fight each other like rabid animals over foreign-made flat screen televisions and Barbie dolls.  As disgusting as this behavior is to many of us, there may soon come a time when we


Older Entries »