Tag Archives : GDP


Why We’re Doomed: Interest and Debt

Source: http://www.lewrockwell.com By Charles Hugh Smith Of Two Minds.com Why We’re Doomed: Interest and Debt   Even if the economy were growing at a faster pace, it wouldn’t come close to offsetting the interest payments on our ever-expanding debt. If you want to know why the Status Quo is unsustainable, just look at interest and […]

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Stone Cold Proof That Government Economic Numbers Are Being Highly Manipulated

  Source: http://theeconomiccollapseblog.com By Michael Snyder Stone Cold Proof That Government Economic Numbers Are Being Highly Manipulated   How in the world does the government expect us to trust the economic numbers that they give us anymore?  For a long time, many have suspected that they were being manipulated, and as you will see below […]

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Peter Schiff is the CEO and Chief Global Strategist of Euro Pacific Capital

Snow Job

  Source: http://www.europac.net By Peter Schiff Friday, June 6, 2014 Snow Job   Economists, investment analysts, and politicians have spent much of 2014 bemoaning the terrible economic effects of the winter of 2014. The cold and snow have been continuously blamed for the lackluster job market, disappointing retail sales, tepid business investment and, most notably, […]


Economists: The U.S. Economy Shrank In Q1, But Better Days Are Just Around The Corner

  Source: http://theeconomiccollapseblog.com By Michael Snyder Economists: The U.S. Economy Shrank In Q1, But Better Days Are Just Around The Corner   During the first three months of this year, the U.S. economy contracted at a 1 percent annual rate.  Despite this, mainstream economists flooded the mainstream media with assurances that much better days are […]

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Peter Schiff ~ See No Evil

  Source: http://www.europac.net By Peter Schiff May 22, 2014 Peter Schiff ~ See No Evil   In this week’s release of the minutes from its April 29-30 meeting, Federal Reserve policymakers made clear that they see little chance of inflation moving past their 2% target for years to come. In order to make such a bold […]


Fed Laundering Treasury Purchases to Disguise What’s Happening – Paul Craig Roberts

  Source: http://usawatchdog.com By Greg Hunter   Fed Laundering Treasury Purchases to Disguise What’s Happening – Paul Craig Roberts   In his latest article, former Assistant Treasury Secretary Dr. Paul Craig Roberts says, “The Fed is the great deceiver.”   Why is he making this shocking accusation?   The reason is tiny Belgium’s whopping purchase of $141 […]

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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 […]


Top Adviser To The Chinese Government Calls For A “Global Currency” To Replace The U.S. Dollar

  Source: http://endoftheamericandream.com By Michael Snyder   Top Adviser To The Chinese Government Calls For A “Global Currency” To Replace The U.S. Dollar   The former chief economist at the World Bank, Justin Yifu Lin, is advising the Chinese government that the time has come for a single global currency.  Lin, who is also a […]

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Top 1% Has 65 Times More Wealth Than The Bottom Half And The Global Elite Like It That Way

  Source: http://theeconomiccollapseblog.com By Michael Snyder   Top 1% Has 65 Times More Wealth Than The Bottom Half And The Global Elite Like It That Way   Did you know that the 85 richest people in the world have about as much wealth as the poorest 50% of the entire global population does?  In other […]