{"id":19771,"date":"2016-04-11T12:30:13","date_gmt":"2016-04-11T17:30:13","guid":{"rendered":"http:\/\/olduvai.ca\/?p=19771"},"modified":"2016-04-11T12:30:13","modified_gmt":"2016-04-11T17:30:13","slug":"economic-collapse-is-erupting-all-over-the-planet-as-global-leaders-begin-to-panic","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=19771","title":{"rendered":"Economic Collapse Is Erupting All Over The Planet As Global Leaders Begin To Panic"},"content":{"rendered":"
\n

Economic Collapse Is Erupting All Over The Planet As Global Leaders Begin To Panic<\/a><\/h3>\n<\/div>\n
<\/div>\n
\n

\"Earth<\/a>Mainstream news outlets are already starting to use the phrase \u201ceconomic collapse\u201d to describe what is going on in some areas of our world right now.\u00a0 For many Americans this may seem a bit strange, but the truth is that the worldwide economic slowdown that began during the second half of last year is starting to get a lot worse.\u00a0 In this article, we are going to examine evidence of this from South America, Europe, Asia and North America.\u00a0 Once we are done, it should be obvious that there is absolutely no reason to be optimistic about the direction of the global economy right now.\u00a0 The\u00a0warnings of so many prominent experts<\/a>\u00a0are now becoming a reality, and what we have witnessed so far are just the early chapters of a crushing economic crisis that will affect every man, woman and child in the entire world.<\/p>\n

Let\u2019s start with Brazil.\u00a0 It has the 7th largest economy on the entire planet, and it is already enduring its worst recession in 25 years.\u00a0 In fact, at the end of last year Goldman Sachs said that what was going on down there was actually a \u201cdepression<\/a>\u201c.<\/p>\n

But now the crisis in Brazil has escalated significantly.<\/p>\n

I want to share with you an excerpt from a recent article entitled \u201cBrazil: Economic collapse worse than feared<\/a>\u201c.\u00a0 I know, that title sounds like it comes directly from\u00a0The Economic Collapse Blog<\/em>, but I didn\u2019t write it.<\/p>\n

It actually comes\u00a0from CNN<\/a>\u2026<\/p>\n

Amid political chaos,\u00a0Brazil\u2019s economic collapse is worse than its government once believed<\/strong>.<\/p>\n

In the midst of rising calls to impeach President Dilma Rousseff, Brazil\u2019s central bank announced Thursday that it now expects the country\u2019s economy to shrink 3.5% this year.<\/p><\/blockquote>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Economic Collapse Is Erupting All Over The Planet As Global Leaders Begin To Panic Mainstream news outlets are already starting to use the phrase \u201ceconomic collapse\u201d to describe what is going on in some areas of our world right now.\u00a0 For many Americans this may seem a bit strange, but the truth is that the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[181,239,11744,5983,302,6063,4901,6231,1164,12750,6066,6851,7664,7034,12453,13392],"class_list":["post-19771","post","type-post","status-publish","format-standard","hentry","category-economics","tag-crisis","tag-economic-crisis","tag-economic-slowdown","tag-economiccollapseblog","tag-fear","tag-global","tag-michael-snyder","tag-michael-t-snyder","tag-north-america","tag-pain","tag-panic","tag-planet","tag-south-america","tag-the-economy","tag-the-global-economy","tag-worldwide-economic-slowdown"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/19771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19771"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/19771\/revisions"}],"predecessor-version":[{"id":19772,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/19771\/revisions\/19772"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}