War of Words: U.S. and Canada Trade Dispute Escalates as White House Aide Navarro...

The United States and Canada over the weekend, at the G7 Summit, escalated trade tensions between the two countries as Canadian Prime Minister Justin Trudeau was called out for...

Rising exports push U.S. trade deficit to seven-month low

(Reuters) - The U.S. trade deficit fell to a seven-month low in April as exports rose to a record high, lifted by an increase in shipments of industrial materials...

15 Signs That The Middle Class In The United States Is Being Systematically Destroyed

If your family is really struggling right now, you are far from alone.  I have been publishing The Economic Collapse Blog for more than eight years, and all throughout...

The Truth About The Employment Numbers – Nearly 102 Million Working Age Americans Do...

Don’t get too excited about the “good employment numbers” that you are hearing about from the mainstream media. The truth is that they actually aren’t very good at all. For...

Card Declined; Visa Network Outage Europe Wide, Cause Uknown

While at the store, an unnamed individual was attempting to purchase flowers for his beloved when his card was declined. Knowing there were monies available in the account, he...

Why Is The Mainstream Media Suddenly Buzzing About “Another Global Financial Crisis”?

All of a sudden, the mainstream media is starting to sound a lot like The Economic Collapse Blog. Throughout the Obama years, the mainstream media in the United States always...

George Soros Claims New Global Financial Crisis Coming, ‘The European Union is in an...

The infamous George Soros warned on Tuesday that a new global financial crisis is brewing. The Billionaire continued that the European Union is facing an imminent existential threat. Stating...

Nasdaq is open to becoming cryptocurrency exchange, CEO says

Once the space matures, Nasdaq is open to becoming a platform for trading cryptocurrencies like bitcoin, according to the company's CEO. "Certainly Nasdaq would consider becoming a crypto exchange over...

2018 End of Year Predictions Cause Fear, Dow Jones Plunges over 550 Points

The Dow plunges over 550 points, likely due to worry regarding rising interest rates and a conversation on a conference call from bellwether Caterpillar that claimed this year may...

US-China trade fight would not hit Chinese growth until end of this year, says...

If China's economic growth were to be hit by trade tensions with the U.S., the effect would be felt only later in this year, JPMorgan said Wednesday.

President Trump Opposes US Rejoining Trans Pacific Partnership, Despite Previous Reports

After the election and inauguration of Donald Trump, one of the very first things the newly-elected President did was sign the United States out of the Trans Pacific Partnership....

China says it will fight back if U.S. escalates trade spat

BEIJING - China's commerce ministry said on Thursday trade negotiations with the United States would be impossible as Washington's attempts at dialog were not sincere, and vowed to retaliate...

Wars and Rumors of War: China Ready For ‘Bloody Battle’ To Regain Rightful Place...

China's leader Xi Jinping delivered a warning to the world during a nationalist speech on Tuesday. The Communist nation is apparently ready for war to regain its rightful place...

World Bank, Eurasia Group Issue Dire Warning For 2018, ‘The World is Heading For...

The World Bank is now issuing a warning that the global economy is heading for a decade of gloom, in line with warnings being issued by the Eurasia Group who is stating that the world is facing a ‘big unexpected crisis’ in 2018.

China Set to Launch Petro-Yuan By End of Year To ‘Dethrone’ US Dollar

China the world’s second-largest oil importer, imports roughly 8m barrels per day, is planning to launch a yuan-denominated oil contract which could spell the end of dollar dominance globally.

International Monetary Fund to Relocate Headquarters from United States to Communist China

Head of the International Monetary Fund Christine Lagarde says the organization may move its headquarters from Washington DC to Beijing in a decade if the growth trend in China and other major emerging markets continues.

Donald Trump: Replace The Dollar With Gold As The Global Currency

Inside President Trump’s otherwise “standard Trump stump speech” at CPAC was nestled what might be a most intriguing observation:

Great recession fears as bankers warn next global crash could arrive ‘with a vengeance’

A new financial crisis is brewing in the emerging economies and it could hit “with a vengeance”, an influential group of central bankers has warned.

Is The Stock Market About To Collapse? Marc Faber, Financial Expert, Warns Stocks Set...

Marc Faber the original "Dr. Doom” is predicting that a massive stock market plunge could take place soon. A drop that large could take the S&P 500 Index down from...

Stanford University economist predicts demise of fossil fuel cars

Production of cars powered by fossil fuel will diminish and will be replaced by electric vehicles in the coming eight years as the entire market of land transportation switches to electrification.

McDonalds Installs Automated Cashiers – Stocks Soar

They’re popping the champagne over at McDonald’s HQ this month and they have every reason to do so. Wall Street analysts have increased their projections for the fast food giant’s performance on the stock market this year in a big way.

New Senate Bill Empowers Feds to Seize Everything You Own

The United States Senate has put forth a bill which places all of your assets at risk. The government is expanding the ‘fight against terrorism’ by allowing private corporations to monitor your financial activity and if you slip up on one form, the government could seize all of your financial properties.

Amazon to Buy Whole Foods in $13.4 Billion Deal

Amazon said on Friday that it had agreed to buy the upscale grocery chain Whole Foods for $13.4 billion, as the online retailer looks to conquer new territory in the supermarket aisle.

Legendary Investor Jim Rogers Warns That The Worst Stock Market Crash In Your Lifetime...

If Jim Rogers is right, the worst stock market crash that any of us has ever seen is right around the corner. For the past 15 years, Rogers has been a frequent guest analyst on CNBC, Fox News and elsewhere, and he is immensely respected for the depth of knowledge and experience that he brings to the table.

The Next Financial Crisis Has Already Arrived In Europe, And People Are Starting To...

Did you know that the sixth largest bank in Spain failed in spectacular fashion just a few days ago? Many are comparing the sudden implosion of Banco Popular to the collapse of Lehman Brothers in 2008, and EU regulators hastily arranged a sale of the failed bank to Santander in order to avoid a full scale financial panic.

Humans Have 45 Years Left Before AI Completely Takes Over

Make no mistake Artificial Intelligence will rob you of your house, car, life, job, and so on because, according to experts, in as little as 45 years AI will be better at doing everything you do.

Fed Minutes Signal Officials Ready to Raise Rates Again Soon

Federal Reserve officials expected at their policy meeting this month that it would “soon be appropriate” to raise short-term interest rates, a signal the U.S. central bank could move in June at its next gathering.

They Are Killing Small Business: The Number Of Self-Employed Americans Is Lower Than It...

After eight long, bitter years under Obama, will things go better for entrepreneurs and small businesses now that Donald Trump is in the White House? Once upon a time, America was the best place in the world for those that wanted to work for themselves.

Free Money: Potential Presidential Candidate Mark Zuckerberg Suggests That All Americans Should Get A...

Should everyone in America receive a “basic income” directly from the federal government? Considering the fact that we are already 20 trillion dollars in debt, such a concept may sound quite foolish to many of you, but this is an idea that is really starting to gain traction in leftist circles.

The TPP Moves Forward Without Trump’s America

Ministers from the 11 remaining TPP countries have released a formal statement affirming their intention to move forward with the TPP—despite the absence of the United States, which would have accounted for 60% of the trade agreement’s GDP. The statement was released after a series of frenetic meetings on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Vietnam last weekend.

A Quarter Of American Adults Can’t Pay All Their Monthly Bills; 44% Have Less...

There was some good news and some not so good news in the Fed's latest annual Report on the Economic Well-Being of U.S. Households.

Russia is buying up US debt

In March, the country bought $13.5 billion of US government bonds -- better known as "Treasury securities." Russia's total holdings of US debt have now increased to nearly $100 billion, according to recently released Treasury Department data.

The Tens Of Millions Of Forgotten Americans That The U.S. Economy Has Left Behind

The evidence that the middle class in America is dying continues to mount. As you will see below, nearly half the country would be unable “to cover an unexpected $400 expense”, and about two-thirds of the population lives paycheck to paycheck at least part of the time.

Is Your Bank At Risk?

New reports indicate a massive breach in security.

New York City Commuters Face 44 Days of Amtrak Service Cuts in July and...

Amtrak is anticipating as many as 44 days of limited service this summer for repairs at Pennsylvania Station in a preliminary plan that appears to favor the national passenger railroad’s needs over those of a half-million daily New York City commuters.

Trump Weighs Breaking Up Wall Street Banks, Raising Gas Tax

President Donald Trump said he’s actively considering a breakup of giant Wall Street banks, giving a push to efforts to revive a Depression-era law separating consumer and investment banking.

What Americans Didn’t Learn from the Last Financial Crisis

The financial crisis known as the Great Recession took a serious toll on the monetary health of many Americans. The average household lost approximately one-third of its net worth as a result of the financial collapse.

Trump agrees not to terminate NAFTA treaty ‘at this time,’ will attempt renegotiation: White...

Despite indications earlier Wednesday to the contrary, President Donald Trump agreed not to terminate the NAFTA treaty "at this time" in afternoon phone calls with the leaders of Mexico and Canada, the White House said.

Wake up: The Enormous Crisis No One is Talking About That Unfolded Over Last...

Are you 18-34? Are you still living at your parents house? Not to worry, there are millions others that are doing the exact same. Why? Because no one can afford to move out, this fact alone proves the economy is in shambles.

GOP could use budget maneuver to raise debt ceiling over filibuster

President Trump’s budget director said Thursday that Republicans might work to raise the debt ceiling using a budget process that prevents Senate filibusters on controversial additions.

Rajan warns of ‘policy uncertainty’ for world economy

New Delhi: Former RBI governor Raghuram Rajan today warned of "policy uncertainty" for the world economy due to there being a "bunch of new leaders" who need to prove they are strong, even as he exuded confidence about all large economies doing well.

IMF Raises Growth Forecast for the Global Economy

The International Monetary Fund raised its 2017 global growth forecast on Tuesday due to manufacturing and trade gains in Europe, Japan, and China, but warned that protectionist policies threaten to choke a broad-based recovery.

The Economy is Failing: Young People in England Resort to ‘Sex for Rent’ Accommodations

Young, vulnerable people are being targeted with online classified adverts offering accommodation in exchange for sex, a BBC investigation has found.

North Korean Crisis; Will ‘Lazarus’ Bring Down Banks? Or Will China and Kim Jung...

All of the discussions surrounding North Korea as of late brings about the question is it propaganda or is the crisis unfolding before our eyes.

Is Trump Backing Down? Administration Will Now Only Seek Minor Adjustments to NAFTA

Trump ablaze on the campaign trail can be quoted as stating that NAFTA is a disaster; however, now that the new administration has taken the Oval Office by storm, Trump only seeks to make minor changes to the trade deal.

Congress Gears Up for Fight Over Spending After Failure of Health-Care Bill

President Donald Trump and GOP leaders enter their next big battle facing stubborn opposition in both parties that increases Republicans’ worries that they will need more Democratic support than previously expected to avert a government shutdown by the end of April.

House Committee Passes Bill To Audit the Federal Reserve

The Republican-controlled Committee on Oversight and Government Reform approved a bill earlier today to allow for a congressional audit of the Federal Reserve's monetary policy, a proposal Fed policymakers have opposed and likely faces a difficult path to final approval in the Senate.

The Dollar is Being Dumped Around the World; Debt Ceiling Debacle Could Lead to...

As global financial markets teeter on the edge of collapse, a report published this morning suggests that the run up in the U.S. dollar may be over.

Trade Wars: The USA, China, and ‘Trading Partners’ Set to Square Off Over Tax...

The United States of America, one of the largest economies in the world, has had enough of being ripped off by our “trading partners.” President Trump took the first action against the horrific deals, starting with the Trans-Pacific Partnership.

Member Of Congress Warns Of A 1,000 Point Stock Market Crash If Obamacare Lite...

Are we going to see a dramatic stock market plunge if the effort to get “Obamacare Lite” through the U.S. House of Representatives ultimately fails? On Thursday, a vote on the Republican healthcare bill was postponed once it became clear that there would not be enough votes for it to pass.