Category: Economic Collapse

Global Economic Collapse: The national debt just barreled past $23 trillion. The $23 trillion figure is roughly equal to the three (3) economies of China, Japan, and Germany combined. Trump has added about $3 (3) trillion to the national debt so far during his nearly three (3) years in office, amounting to over a 15% (5+5+5) increase.

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Global Economic Collapse: The national debt just barreled past $23 trillion. The $23 trillion figure is roughly equal to the three (3) economies of China, Japan, and Germany combined. Trump has added about $3 (3) trillion to the national debt so far during his nearly three (3) years […]

Global Economic Collapse: EU crisis: Brussels demands France and Italy get public debt under control because of the risk to the Eurozone economy. Video. Add Spain and Belgium to the list. No one is reducing their debt loads. “This is worrying because very high debt levels limit the capacity to respond to economic shocks and market pressures.” 2020, there is that year again!!!

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Global Economic Collapse: EU crisis: Brussels demands France and Italy get public debt under control because of the risk to the Eurozone economy. Video. Add Spain and Belgium to the list. No one is reducing their debt loads. “This is worrying because very high debt levels limit the […]

Global Economic Collapse: US, China each say they are in no hurry for trade deal. The ‘patient’ is on the table and the ‘doctors’ can’t agree on how to operate.’ Arguing for over 12 (6+6) months. The comments from Trump and Xi came six (6) weeks after the announcement of a “phase one” bargain, which appears no closer to becoming a reality. The Chinese leader said the trade talks “may affect the future prospects of the world economy.” Trump and Xi are playing ‘chicken’ or ‘who blinks first’ with the world economy. This won’t end well.

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Global Economic Collapse: US, China each say they are in no hurry for trade deal. The ‘patient’ is on the table and the ‘doctors’ can’t agree on how to operate.’ Arguing for over 12 (6+6) months. The comments from Trump and Xi came six (6) weeks after the […]

Global Economic Collapse: Mexico entered recession this year. Also, Pemex owes more than $100 billion (5+5) in debt, making it one of the world’s most indebted companies. $10 (5+5) billion in rescue funds

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Global Economic Collapse: Mexico entered recession this year. Also, Pemex owes more than $100 billion (5+5) in debt, making it one of the world’s most indebted companies. $10 (5+5) billion in rescue funds Sofia MISELEM. AFP•November 25, 2019 Mexico City (AFP) – The Mexican economy, Latin America’s second-largest […]

Global Economic Collapse: Banks Close Branches in 50% (5) of U.S., Loss Worst in Rural Areas over the Five (5) year period 2012-2017. 800 (8) rural counties lost over 1,500 (5+5+5) bank branches, representing 15% (5+5+5) of their total branches according to the Federal Reserve. People have called the loss of branches “frustrating and disruptive” to their lives.

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Global Economic Collapse: Banks Close Branches in 50% (5) of U.S., Loss Worst in Rural Areas over the Five (5) year period 2012-2017. 800 (8) rural countries lost over 1,500 (5+5+5) bank branches, representing 15% (5+5+5) of their total branches according to the Federal Reserve. People have called […]

Global Economic Collapse: A.C. Moore is closing all of its almost 150 (5+5+5) stores. There have been more than 9,000 store closures in the United States this year. Five (5) large retail chains have totally closed including A.C. Moore, Payless, Gymboree, Charlotte Russe and Shopko. YTD, that is 40% more closures than last year at this time.

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Global Economic Collapse: A.C. Moore is closing all of its almost 150 (5+5+5) stores. There have been more than 9,000 store closures in the United States this year. Five (5) large retail chains have totally closed including A.C. Moore, Payless, Gymboree, Charlotte Russe and Shopko. YTD, that is […]

Global Economic Collapse: “Farmageddon”: Trump Announces More Emergency Bailouts As U.S. Farm Debt Soars To Over $400 Billion. U.S. farm bankruptcies are up almost a whopping 25 percent over the last 12 months. NBC Video.

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Global Economic Collapse: “Farmageddon”: Trump Announces More Emergency Bailouts As U.S. Farm Debt Soars To Over $400 Billion. U.S. farm bankruptcies are up almost a whopping 25 percent over the last 12 months. NBC Video. November 18, 2019 by IWB. Michael Snyder. President Trump just announced yet another round of emergency bailouts […]

Global Economic Collapse: Keep Buying Gold to Brace for Crisis, Leader Tells Bank. (That could just about be any country today, like China and Russia who are adding massive amounts to their stockpiles). Serbia followed Hungary and Poland in boosting gold reserves to create an economic bulwark. Serbia paid $1,500 (5+5+5) an ounce, raising its holdings to 10% (5+5) of total reserves. “I think we’ll continue doing that because of what we see in which direction the crisis in the world is moving.”

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Global Economic Collapse: Keep Buying Gold to Brace for Crisis, Leader Tells Bank. (That could just about be any country today, like China and Russia who are adding massive amounts to their stockpiles). Serbia followed Hungary and Poland in boosting gold reserves to create an economic bulwark. Serbia […]

Global Economic Collapse: John Rubino – All Hell Breaks Loose When Everything Falls Apart, Fed Fears Next Crash Fatal. Excellent video

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Global Economic Collapse: John Rubino – All Hell Breaks Loose When Everything Falls Apart, Fed Fears Next Crash Fatal. Excellent video. November 17, 2019 by IWB (Night Watchman Note: Overlook the host’s first couple of minutes intro. He rambles a bit. The ‘guest’ speaker (I believe is John Rubino) has […]