Category: Economic Collapse

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 […]

Global Economic Collapse: U.S. Farm Finances Worsen Despite Trump Trade War Aid. Federal Reserve Bank of Chicago, which covers five (5) Midwestern states said they expected crop net cash earnings to drop in the fall and winter from levels a year earlier. U.S. farm bankruptcies in the 12 (6+6) months through September rose 25% (5×5) from the same year-ago period. Report highlights farmers’ and ranchers’ growing dependence on government financial help for a third of their income.

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Global Economic Collapse: U.S. Farm Finances Worsen Despite Trump Trade War Aid. Federal Reserve Bank of Chicago, which covers five (5) Midwestern states said they expected crop net cash earnings to drop in the fall and winter from levels a year earlier. U.S. farm bankruptcies in the 12 […]

Global Economic Collapse: Global Debt Surges Above $250 (5×5) Trillion as U.S., China Lead Way accounting for 60% (6) of new borrowing. Borrowing by governments, households and non-financial business now accounts for also 250% (5×5) of the world’s gross domestic product, and it’s growing faster than the global economy. Coincidence?

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Global Economic Collapse: Global Debt Surges Above $250 (5×5) Trillion as U.S., China Lead Way accounting for 60% (6) of new borrowing. Borrowing by governments, households and non-financial business now accounts for also 250% (5×5) of the world’s gross domestic product, and it’s growing faster than the global […]

Global Economic Collapse: For Millions Of Americans In The Middle Of The Country, It Feels Like An Economic Depression Right Now (not a ‘recession’).

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Global Economic Collapse: For Millions Of Americans In The Middle Of The Country, It Feels Like An Economic Depression Right Now (not a ‘recession’). November 10, 2019 by Michael Snyder What do you do when you have lost all hope that things will ever turn around?  It may still feel […]

Global Economic Collapse: Powell: Trump trade war endangers 1.5 (5+5+5) mn jobs: CA ports study. $180 (6+6+6) billion in annual merchandise trade at risk.

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Global Economic Collapse: Powell: Trump trade war endangers 1.5 (5+5+5) mn jobs: CA ports study. $180 (6+6+6) billion in annual merchandise trade at risk. AFP•November 12, 2019 Washington (AFP) – The US-China trade war threatens almost 1.5 million jobs across the United States that depend on the movement […]

Global Economic Collapse: Powell: Americans now have a record $14 trillion in debt. What happens when it reaches $15 (5+5+5) trillion? $1.5 (5+5+5) trillion in student loan debt.

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Global Economic Collapse: Powell: Americans now have a record $14 trillion in debt. What happens when it reaches $15 (5+5+5) trillion? $1.5 (5+5+5) trillion in student loan debt. By Matt Egan, CNN Business. Updated 2:14 PM ET, Wed November 13, 2019 New York (CNN Business) US households are now sitting […]