Tag Archives : financial crisis


12 Numbers About The Global Financial Ponzi Scheme That Should Be Burned Into Your Brain

  Source: http://theeconomiccollapseblog.com By Michael Snyder 12 Numbers About The Global Financial Ponzi Scheme That Should Be Burned Into Your Brain   The numbers that you are about to see are likely to shock you.  They prove that the global financial Ponzi scheme is far more extensive than most people would ever dare to imagine.  […]

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America’s Insatiable Demand For More Expensive Cars, Larger Homes And Bigger Debts

  Source: http://theeconomiccollapseblog.com By Michael Snyder America’s Insatiable Demand For More Expensive Cars, Larger Homes And Bigger Debts   One of the things that this era of American history will be known for is conspicuous consumption.  Even though many of us won’t admit it, the truth is that almost all of us want a nice […]


Has The Next Recession Already Begun For America’s Middle Class?

  Source: http://theeconomiccollapseblog.com By Michael Snyder Has The Next Recession Already Begun For America’s Middle Class?   Has the next major economic downturn already started?  The way that you would answer that question would probably depend on where you live.  If you live in New York City, or the suburbs of Washington D.C., or you […]

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The Size Of The Derivatives Bubble Hanging Over The Global Economy Hits A Record High

  Source: http://theeconomiccollapseblog.com By Michael Snyder The Size Of The Derivatives Bubble Hanging Over The Global Economy Hits A Record High   The global derivatives bubble is now 20 percent bigger than it was just before the last great financial crisis struck in 2008.  It is a financial bubble far larger than anything the world […]


Janet Yellen’s Bathtub Economics: Excuse Me Doctor—There’s Bubbles In That Tub!

  Source: http://www.lewrockwell.com By David Stockman David Stockman’s Contra Corner Janet Yellen’s Bathtub Economics: Excuse Me Doctor—There’s Bubbles In That Tub!   Some people are either born or nurtured into a time warp and never seem to escape. That’s Janet Yellen’s apparent problem with the “bathtub economics” of the 1960s neo-Keynesians. As has now been apparent for decades, the […]

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17 Facts To Show To Anyone That Believes That The U.S. Economy Is Just Fine

  Source: http://theeconomiccollapseblog.com By Michael Snyder 17 Facts To Show To Anyone That Believes That The U.S. Economy Is Just Fine   No, the economy is most definitely not “recovering”.  Despite what you may hear from the politicians and from the mainstream media, the truth is that the U.S. economy is in far worse shape […]


Another Phony Budget Debate

  Source: http://www.ronpaulinstitute.org By Ron Paul   Another Phony Budget Debate   Anyone watching last week’s debate over the Republican budget resolution would have experienced déjà vu, as the debate bore a depressing similarity to those of previous years. Once again, the Republicans claimed their budget would cut spending in a responsible manner, while Democratic […]


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16 Signs That Most Americans Are NOT PREPARED For The Coming Economic Collapse

  Source: http://theeconomiccollapseblog.com By Michael Snyder 16 Signs That Most Americans Are NOT PREPARED For The Coming Economic Collapse   Sometimes I think that I sound like a broken record.  I am constantly using phrases such as “get prepared while you still can” and “time is running out”.  In fact, I use them so often […]


19 Signs That The U.S. Consumer Is Tapped Out

  Source: http://theeconomiccollapseblog.com By Michael Snyder 19 Signs That The U.S. Consumer Is Tapped Out   You can’t get blood out of a rock.  Traditionally the United States has had a consumer-driven economy, but now years of declining incomes and rising debts are really starting to catch up with us.  In order to have an […]

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We Are In FAR Worse Shape Than We Were Just Prior To The Last Great Financial Crisis

  Source: http://theeconomiccollapseblog.com By Michael Snyder We Are In FAR Worse Shape Than We Were Just Prior To The Last Great Financial Crisis   None of the problems that caused the last financial crisis have been fixed.  In fact, they have all gotten worse.  The total amount of debt in the world has grown by […]