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Against Doomsday Scenarios: What Is to Be Done Now?
Against Doomsday Scenarios: What Is to Be Done Now? John Bellamy Foster is the editor of Monthly Review and a professor of sociology at the University of Oregon. John Molyneux edits the Irish Marxist Review, is a member of People Before Profit, is coordinator of the Global Ecosocialist Network, and has written widely on Marxism and ecosocialism. Owen McCormack is a longstanding socialist […]
The Doomsday Scenario for the Stock and Housing Bubbles
The Doomsday Scenario for the Stock and Housing Bubbles It was always folly to believe that inflating asset bubbles could solve the structural problems of a post-industrial economy. The Doomsday Scenario for the stock and housing bubbles is simple: the Fed’s magic fails. When dropping interest rates to zero and flooding the financial sector with loose […]
The 11th Hour: 8 Examples Of Mainstream Media Sources Warning Us Of Imminent Economic Disaster
The 11th Hour: 8 Examples Of Mainstream Media Sources Warning Us Of Imminent Economic Disaster Are we on the verge of another great financial crisis, a devastating recession and a horrific implosion of the global debt bubble? On my website I have been relentlessly warning my readers about the inevitable consequences of our very foolish […]
The 11th Hour: 8 Examples Of Mainstream Media Sources Warning Us Of Imminent Economic Disaster
The 11th Hour: 8 Examples Of Mainstream Media Sources Warning Us Of Imminent Economic Disaster Are we on the verge of another great financial crisis, a devastating recession and a horrific implosion of the global debt bubble? On my website I have been relentlessly warning my readers about the inevitable consequences of our very foolish […]
Bankers And Tech Executives Know The Collapse Of Society Is Coming And Are Feverishly Prepping For It
Bankers And Tech Executives Know The Collapse Of Society Is Coming And Are Feverishly Prepping For It While most of the general population has been lulled into a false sense of security, bankers and tech executives are spending millions upon millions of dollars to prepare for the collapse of society. Do they know something that […]
What Do They Know That We Don’t? DC Officials Flock To Doomsday Camps
What Do They Know That We Don’t? DC Officials Flock To Doomsday Camps Washington D.C. government officials are flocking to doomsday camps around the country. Which of course begs the question: what do they know that we do not? According to the Washington Examiner, a building network of backwoods doomsday camps around the country are […]
Two Minutes to Doomsday
Two Minutes to Doomsday Photo by Toby Scott | CC BY 2.0 Not since 1953, when the U.S. and the Soviets exploded thermonuclear bombs, has the world been such a powder keg! Only recently, the Bulletin of the Atomic Scientists moved the Doomsday Clock forward 30 seconds. It now registers two minutes to midnight. Verily, […]
Humanity Sealed Its Own Fate: 15,000 Scientists Sign A “Doomsday Warning”
Humanity Sealed Its Own Fate: 15,000 Scientists Sign A “Doomsday Warning” A catastrophic warning about humanity’s impending doom was just signed by 15,000 scientists; they all agree that we’ve already sealed our fate. The signed letter, which was apparently first written in 1992, claims all of the predictions made by scientists have come true except […]
Analyst Lays Out China’s “Doomsday” Scenario
Analyst Lays Out China’s “Doomsday” Scenario The first time we laid out the dire calculations about what is perhaps the biggest mystery inside China’s financial system, namely the total amount of its non-performing loans, by former Fitch analyst Charlene Chu we called it a “neutron bomb” scenario, because unlike virtually every other rosy forecast the […]
Doomsday Device
Doomsday Device Disappearing Credit All across the banking world – from commercial loans to leases and real estate – credit is collapsing. Ambrose Evans-Pritchard writing for British newspaper The Telegraph: Credit strategists are increasingly disturbed by a sudden and rare contraction of U.S. bank lending, fearing a synchronized slowdown in the U.S. and China this year […]
The Fed’s Doomsday Device
The Fed’s Doomsday Device Bezzle BALTIMORE – Barron’s, in a lather, says the market is facing the “Two Horsemen of the Apocalypse.” Huh? Only two? There were four last time! Supposedly, the so-called Brexit – the vote in Britain this Thursday on whether to leave or remain in the European Union (EU) – and uncertainty […]
Doomsday Bunkers of the Rich and Famous
Doomsday Bunkers of the Rich and Famous Facing the zombie apocalypse as a super-wealthy person sure is different than it is for the rest of us mere mortals. While most of us would be ecstatically happy with a homemade bunker on the back 40 of our property, these luxury bunker apartments in a little village in […]
