econ

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.

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.

Breaking the USA to Impose Sanctions on China Next Week

The USA is going to begin imposing sanctions on China next week. This is suicide economically. The Chinese economy is already failing and now the U.S. will further the...
charging-bull

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...

Bank Overdraft Charges Cost Customers $11.6 Billion A Year, Study Finds

Overdraft charges may not top the list of features you inspect carefully when you choose a bank, but they probably should be, at least according to new data from a study out today.

DONALD TRUMP Calls For Banning All Muslims From Entering The USA

The man, as people all around the world are calling Donal Trump. The best idea for president some say. Well, according to Josh Earnest and his affiliates within the...

New Study Reveals The True State of the Economy, and We Are in BIG...

Almost 40% of young Americans were living with their parents, siblings or other relatives in 2015, the largest percentage since 1940, according to an analysis of census data by real estate tracker Trulia.

Chinese Stocks Crash Most In 19 Years, Re-Open Limit Down (Despite PBOC Hail Mary)...

Carnage... This leave China's CSI-300 broad stock index futures up just 7% year-to-date... *CHINA CSI 500 STOCK-INDEX FUTURES FALL BY MAXIMUM 10% LIMIT *CHINA CSI 500 STOCK-INDEX FUTURES FALL BY LIMIT...

Obamacare Tax Threatens to Close West Coast Ports

The slow-roll implementation of Obamacare threatens to close U.S. commercial ports on the West Coast. The 29 ports, which handle 70 percent of maritime imports from Asia, were closed over...

260,000 Austrians sign EU exit petition, forcing referendum debate in parliament — RT News

The EU is on the brink of collapsing. Another country has just voted for a referendum and no it is not a poor country, or a country needing relief...
video

ALERT: The IMF To Include The Yuan in the Elite Currency Basket of the...

The International Monetary Fund has decided that on November 30th, 2015 they will attempt again to include the Yuan into the elite currency basket. The decision is not final,...

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.

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.

To Big To Fail, Not Anymore – Big Banks Are Set to Fail

Eight years after Lehman Brothers failed and Wall Street nearly collapsed, banks are taking less risk and holding a lot more capital. But that doesn’t mean banks are safer. In fact, the risks of a big bank failing may actually be greater than they were leading up to the financial crisis.

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...

Trump’s Economic Team: Bankers and Billionaires

(NYTIMES) -- Donald J. Trump may rail against Wall Street and business elites at his campaign rallies, but that has not stopped him from turning to many of them...

Breaking News Federal Reserve holds rates at zero

Washington (AFP) - The Federal Reserve held its key interest rate locked at zero Thursday, pointing to the downturn in the global economy even as US growth remains steady. "Recent...

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.

BREAKING Dow Has Re-Dropped 600 Points

The little known rule that blocked a total market crash today was invoked to stop all chaos from breaking out. That rule is called rule 48. The goal of...

Obama Recruits Foreign Entrepreneurs Due to American Anti-intellectualism

Anti-intellectualism is a growing problem in the United States, and the effect it’s having on our country is devastating. Being an intellectual doesn’t have to mean you are a...

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...

Distortions, lies and omissions: The New York Times won’t tell you the real story...

A note arrived a few days ago from one of my best informants in Europe. He had just met across a hotel dining table with a senior German executive,...

Soros Calls For A New World Order, Explains Why The USA Must End

George Soros, the infamous billionaire who was repeatedly caught sparking civil unrest amongst nations and who has been caught trying to destroy the USA, has just recently called for the creation of a New World Order.

Breaking news, another Government Shutdown is heading for the USA.

Breaking news, another Government Shutdown is heading for the USA. Stay tuned for this fall when everything economically begins to change. According to the Chron website, a MSM source,...

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.

Carnage Continues: European Equity Futures Crash 7% At Open | Zero Hedge

It appears Greece matters after all - US futures are tumbling, Japanese stocks are tanking (as JPY is bid on mass carry unwinds), Chinese stocks are limit down and...

The “Catastrophic Shutdown Of America’s Supply Chain” Begins: Stunning Photos Of West Coast Port...

One week ago, when previewing what may be the first lockout of the West Coast Ports since 2002, we cited the Retail Industry Leaders Association who, realizing that failure...
xi

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...

Dollar Dump Begins: Russia Unloads 20% Of Its Total U.S. Holdings In ONE Month

Earlier this week John Williams warned that hyperinflation will begin to appear in America sometime in 2015. He noted that, though the dollar is currently strong compared to other...

Red Alert – 2017 Could Bring About The Economic Collapse – The Dollar Is...

For close to three-quarters of a century, the dollar has served as the world’s money. During this era (essentially for all of living memory) with regard to its international status, the dollar has been predominant and unchallenged. There was – and is presently – no peer competitor to the dollar.

5,300 Wells Fargo employees fired over 2 million phony accounts

Everyone hates paying bank fees. But imagine paying fees on a ghost account you didn't even sign up for. That's exactly what happened to Wells Fargo customers nationwide.

BREAKING: Armed Militia Mobilizing to Take on Feds’ Land Grab… Issue This Warning Shot...

The Sugar Pine Mining owners have been mining their land for a century but now the federal Bureau of Land Management is trying to take over. In response, an...

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.

The Venezuela Apocalypse; Better Get Ready It’s Coming to America As Well

The future of martial law in the United States of America is the inevitable; the continual down spiral that the country has taken will lead to utter chaos. Such...

Donald Trump Tells Americans to Prepare for “Financial Ruins”

The United States could soon become a large-scale Spain or Greece, teetering on the edge of financial ruin. That’s according to Donald Trump, who painted a very ugly picture of...

Obama already blaming Republicans for potential government shutdown

A possible federal government shutdown is still nearly a month away, but President Obama on Saturday began to lay the blame for such a shutdown at the feet of...

BOMBSHELL: WikiLeaks Releases Documents Exposing The Regime #TPP #TiSA

What has previously been released shows just the effect the TPP will have on the world. Wikileaks has done an awesome job in finding even more dirt.. This dirt,...

U.S. investors brace for more Greece debt drama – MarketWatch

Greek brinkmanship will be a familiar theme in the U.S. markets next week after the embattled country failed to convince its creditors over the weekend for an extension on...
china-nkorea-usa

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.

Crimea Hit by Power Blackout and Ukraine Trade Boycott

Again, the proxy war rages on; over and over again it is the middle east, then back to Ukraine, then back to the Middle East, and so on. The...
finances

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.

TEXAS Just Made A HUGE Statement To The FEDS

How many reasons can one come up with for this move by Texas? (tell us what you think in the comments) First and foremost Texas is under assault the...

BOOM! Greece’s leaders stun Europe with escalating defiance – Telegraph

Greece’s finance minister Yanis Varoufakis has spelled out the negotiating strategy of the Syriza government with crystal clarity. “Exit from the euro does not even enter into our plans, quite...
flag

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...
soros

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...

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.
trump

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:
video

Get ready America, debtors prisons are back, and in full swing

Americas justice system abolished debtors prison in the 1800’s, but their recent actions lead us to question the legality of the establishment. Americans are clueless to the fact that...
shanghai

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.
trade

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...