(Bugout.news) Renowned investor Jim Rogers has a frightening warning for the world: A financial Armageddon is approaching fast, and it’s a collapse that is being assisted by incredibly moronic central bankers, he says. “We’re all going to pay a horrible price for the incompetence of these central bankers,” he said Monday in an interview with […]

Many have speculated about the possibility that the recent drop in oil prices was part of a ploy by Western bankers and governments to punish Vladimir Putin over his actions in Ukraine and challenges of NATO authority. But there are some who see an even darker agenda. Is it possible that the West is deliberately […]

Don’t think today’s cheap oil price is going to last very long. These artificially low oil prices are part of a strategy put in place by Saudi Arabia to bankrupt North America’s shale oil and fracking extraction operations. And it’s working: thousands of oil-related companies have already filed for bankruptcy across North America (with more […]

The U.S. once had extensive grain reserves, a concept derived around the time of the Great Depression. It was said to be so vast, that in the event of a food shortage, the government would have been capable of providing each American with half a loaf of bread, writes Michael Snyder on the Economic Collapse […]

A new report on the freedom of countries around the world ranks the United States 20th, putting countries like Chile and the United Kingdom ahead of the U.S. In their periodic ranking of economic freedom, a trio of libertarian thinktanks – the Cato Institute, the Fraser Institute and the Swiss Liberales Institut – have dropped the U.S. […]

After residing in Fairfield, Conn. for more than four decades, General Electric (GE) is closing shop and moving its global headquarters to Boston amid growing frustration over Connecticut’s draconian tax policies. While the move is expected to severely impact the state’s  economy, GE’s decision to jump ship came as no surprise. The decision reportedly was […]

With the rapid advancement of technology, it’s not too far-fetched to imagine a world where robots have replaced humans in a variety of jobs and industries. Just look at the number of drones, software programs, self-assembling bots and voice-activated recordings we have nowadays. Ideally, automating most jobs are supposed to make things easier. However, with […]

While this doesn’t necessarily come as a surprise to anyone anymore, it’s still of paramount importance to report that the pharmaceutical executives behind the atrocious price-gouging of lifesaving drugs are not in the least bit remorseful about their unethical tactics. In fact, they even consider the immense price hikes to be “very responsible.” The revelation was made […]

In a bold and overwhelmingly patriotic move, Texas Gov. Greg Abbott is pushing for a convention of U.S. states to pass nine very reasonable Constitutional amendments that would limit federal powers, returning it back to the states. The proposed changes include prohibiting “Congress from regulating activity that occurs wholly within one State,” which could include matters such […]

As we enter 2016, the economy grows ever more unstable under an interdependent and interlinked global financial system that appears destined to collapse. Now, more than ever, the value of learning preparedness is becoming apparent to an ever-growing and aware population. Those who learn how to prepare now, while there’s still some normalcy left to life, […]

If tweets, shares and hashtags are any indication, then there’s no doubt that Democrat presidential candidate Bernie Sanders has managed to capture a huge chunk of 2016’s millennial voting block. Voters have lapped up Sanders’ promises of mandating high-paying jobs, rallying against overseas outsourcing and ending the Drug War. His solution: a renewed sense of socialism in America, and […]

The Internal Revenue Service will not face consequences for illegally targeting conservative groups during the 2012 election, which resulted in the denial of their applications for tax-exempt status. Groups targeted for their political standings were subjected to “burdensome questionnaires and, in some cases, improper requests for the names of their donors,” reported The Washington Post.(1) […]

Congress has once again made it more difficult for small American business to thrive in the U.S., instead favoring large foreign corporations and their goods. In an unfortunate turn of events, elected officials voted last week to eliminate meat-labeling regulation that informs consumers where their food comes from. The new provision, which goes into effect […]

The distribution of wealth in the United States no longer resembles a pyramid — it’s become more like Seattle’s Space Needle, if we are to look at the latest figures published by the Institute for Policy Studies (IPS). According the IPS’ latest report, Billionaire Bonanza: The Forbes 400 and the Rest of Us, the richest 400 […]

During the Great Depression, people would pay for services with food because they had no money and no credit. The situation was so bad that in some areas of the country, local governments issued their own currencies called depression scrip. The scrip were often pieces of paper used as money because government currency was nowhere to be seen. […]