Economic collapse
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Hot on the heels of Wells Fargo’s $1.2 billion settlement, Bloomberg reports that Goldman Sachs will pay $5.1 billion to settle a U.S. probe into its handling of mortgage-backed securities involving allegations that loans weren’t properly vetted before being sold to investors as high-quality bonds. (Article by Tyler Durden, republished from http://www.zerohedge.com/news/2016-04-11/goldman-slammed-51-billion-fine-serious-misconduct-mortgage-selling) “This resolution holds Goldman […]
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Banks, once the quaint little savings-and-loans depositories of yesterday, have now transformed into instruments of fraud, deception and greed, thanks to wealthy criminal conglomerates that thrive on the misery of those who have less than them in life. For years, these criminal enterprises have gotten away with charging customers for just about everything, from cash deposits to ATM fees, […]
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This isn’t some dire warning from “another one of those blogs” where the writer/blogger is publishing clickbait. No, the latest warning of an impending financial apocalypse has come from none other than the Royal Bank of Scotland, only the world’s 20th biggest bank. So you have to take that as some sort of validation that […]
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(Bugout.news) A noted libertarian-leaning economist has said that the social contract between the world’s ruled and those who rule over them has been shattered, sparking massive distrust and anger among the masses and leading to the rise this year of unconventional presidential candidates. In addition says Steen Jakobsen, chief economist at Danish investment bank Saxo […]
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“Sell, sell, sell!” Despite mainstream media reports to the contrary, Mike Adams, the Health Ranger, strongly urges all those who own stocks, bonds and mutual funds to start selling their investments, given the threat of a market crash looming on the horizon. Adams forecasts that the recent market rise will be one of our last […]
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Civil uprising caused by the permanent, or even temporary, suspension of government-issued food stamps, also known as Electronic Benefits Transfers (EBTs), is considered to be one of the greatest threats to today’s society. Attempting to remove the stigma associated with food stamps, the federal government began issuing EBT cards in the late 1990s and early […]
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The cannabis plant is one of the most versatile plants imaginable. Modern media has portrayed cannabis as a mind-altering narcotic used only by losers, hippies and/or the most dysfunctional members of society. However, times are a-changing. With decriminalization and increased acceptance of the plant, people everywhere are beginning to recognize that cannabis has literally dozens […]
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Nearly two-thirds of Americans have less than $1,000 in savings, as leftist policies bankrupt nation
The United States is on the verge of total economic collapse, and a new Google Consumer Survey suggests that the average American is anything but prepared to handle even a small delay in cash-flow, let alone the coming financial crisis. Formerly a nation of savers, America has unraveled into a nation of debtors, the vast […] -
On January fifth, President Obama took enormous pleasure in signing his executive actions on gun control. The vitriol and utter disgust he displayed towards gun owners was never more clear than it was on this day. In his usual fashion, President Obama surrounded himself with friendly faces who were more than happy to watch him tear down […]
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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 […]
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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 […]
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Years ago, there was a product called the Money Maker advertised frequently in comic books. It looked kind of like a machine for rolling joints. The tempting copy said “Sensational! Insert blank piece of paper, turn knob and PRESTO… out comes a real dollar bill. Insert a one-dollar bill and it changes to a $5.00 […]
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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, […]
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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. […]
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An electromagnetic pulse (EMP) attack is one of the most imminent threats to the United States – and it could happen at any moment. In an effort to thwart these attacks, a small company from Utah has developed a composite material that melds carbon fibers with a nickel coating, to shield electromagnetic pulses. Electromagnetic warfare […]
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