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The President Of France Wants Eurozone Members To Transfer Their Sovereignty To A United States Of Europe
The President Of France Wants Eurozone Members To Transfer Their Sovereignty To A United States Of Europe The President of France has come up with a very creative way of solving the European debt crisis. On Sunday, a piece authored by French President Francois Hollande suggested that the ultimate solution to the problems currently plaguing […]
3 Big Reasons Why The ‘Greek Debt Deal’ Is Really A German Trap
3 Big Reasons Why The ‘Greek Debt Deal’ Is Really A German Trap Greece is saved? All over the planet, news headlines are boldly proclaiming that a “deal” has been reached which will give Greece the money that it needs and keep it in the eurozone. But as you will see below, this is not […]
The Last Days Of ‘Normal Life’ In America
The Last Days Of ‘Normal Life’ In America 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 […]
Greece Votes NO – Let The Chaos Begin…
Greece Votes NO – Let The Chaos Begin… The result of the referendum in Greece is a great victory for freedom, but it is also threatens to unleash unprecedented economic chaos all across Europe. With almost all of the votes counted, it is being reported that approximately 61 percent of Greeks have voted “no” and […]
The Economic Collapse Blog Has Issued A RED ALERT For The Last Six Months Of 2015
The Economic Collapse Blog Has Issued A RED ALERT For The Last Six Months Of 2015 I have never done anything like this before. Ever since I started The Economic Collapse Blog in late 2009, I have never issued any kind of “red alert” for any specific period of time. As an attorney, I was […]
The Next Great European Financial Crisis Has Begun
The Next Great European Financial Crisis Has Begun The Greek financial system is in the process of totally imploding, and the rest of Europe will soon follow. Neither the Greeks nor the Germans are willing to give in, and that means that there is very little chance that a debt deal is going to happen […]
We Might As Well Face It – America Is Addicted To Debt
We Might As Well Face It – America Is Addicted To Debt Corporations, individuals and the federal government continue to rack up debt at a rate that is far faster than the overall rate of economic growth. We are literally drowning in red ink from sea to shining sea, and yet we just can’t help […]
American Pharoah: What A Perfect Description For The Guy In The White House
American Pharoah: What A Perfect Description For The Guy In The White House A horse named “American Pharoah” just won the Triple Crown. Is this some sort of a sign for America? The office of the presidency was greatly strengthened under previous administrations, but now Barack Obama has grabbed an unprecedented amount of power for himself. […]
Why Is The EU Forcing European Nations To Adopt ‘Bail-In’ Legislation By The End Of The Summer?
Why Is The EU Forcing European Nations To Adopt ‘Bail-In’ Legislation By The End Of The Summer? Are they expecting something to happen? As you will read about below, the European Union says that any nation within the EU that does not enact “bail-in” legislation within the next two months will face legal action. The countries […]
2 Things That Are Happening Right Now That Have Never Happened Outside Of A Recession
2 Things That Are Happening Right Now That Have Never Happened Outside Of A Recession If we are not heading into a recession, why does our economy continue to act as if that is precisely what is happening? As you will see below, we learned this week that factory orders have declined year over year for […]
Sounding The Alarm On The Country’s Vulnerability To An EMP
Sounding The Alarm On The Country’s Vulnerability To An EMP Last year, Elliott Management’s Paul Singer highlighted “one risk that stands way above the rest in terms of the scope of potential damage adjusted for the likelihood of occurrence”– an electromagnetic pulse (EMP). As Michael Snyder previously details, our entire way of life can be ended in a […]
A Recession Within A Recession
A Recession Within A Recession On Friday, the federal government announced that the U.S. economy contracted at a 0.7 percent annual rate during the first quarter of 2015. This unexpected shrinking of the economy is being primarily blamed on “harsh” weather during the first three months of this year and on the strengthening of the […]
Hopium: How Far Can Irrational Optimism Take The U.S. Economy?
Hopium: How Far Can Irrational Optimism Take The U.S. Economy? If enough people truly believe that things will get better, will that actually cause them to get better? There is certainly something to be said for being positive and thinking that anything is possible. And as Americans, optimism seems to come naturally for us. However, […]
