Tag Archives: financial crisis

Americans Have Already Skipped Payments On More Than 100 Million Loans, And Job Losses Continue To Escalate

By Michael Snyder Source: Economic Collapse Blog Those that have been hoping for some sort of a “V-shaped recovery” have had their hopes completely dashed.  U.S. workers continue to lose jobs at a staggering rate, and economic activity continues to … Continue reading

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Meet BlackRock, the New Great Vampire Squid

By Ellen Brown Source: Web of Debt BlackRock is a global financial giant with customers in 100 countries and its tentacles in major asset classes all over the world; and it now manages the spigots to trillions of bailout dollars … Continue reading

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The financialization of the end of the world

By Kurt Cobb Source: resilience For those who are fans of cartoons from The New Yorker magazine and consistent readers of this blog, you might be able to guess my two favorite cartoons. In the first one, a man in a coat and … Continue reading

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Another Bank Bailout Under Cover of a Virus

By Ellen Brown Source: Web of Debt Insolvent Wall Street banks have been quietly bailed out again. Banks made risk-free by the government should be public utilities.   When the Dodd Frank Act was passed in 2010, President Obama triumphantly … Continue reading

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Mass Distraction And Fake “V-Shaped” Recovery Provide Cover For The Fed Induced Crash

By Brandon Smith Source: Alt-Market.com This article, originally titled ‘The Fed Just Got Cover For The Collapse Of The US Economy’, was written by Brandon Smith and first published at Birch Gold Group The scapegoating has already started. In almost every … Continue reading

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Four Reasons Civilization Won’t Decline: It Will Collapse

By Craig Collins Source: CounterPunch As modern civilization’s shelf life expires, more scholars have turned their attention to the decline and fall of civilizations past.  Their studies have generated rival explanations of why societies collapse and civilizations die.  Meanwhile, a … Continue reading

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From Soft to Hard Fascism: “Get In Your House Right Now!”

By Kurt Nimmo Source: Another Day in the Empire There can no longer be any doubt—America is now a full-blown fascist state. In the past, authoritarian fascism was kept reserved in the shadows, largely out of the public eye, but … Continue reading

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Re-Opening the Economy Won’t Fix What’s Broken

By Charles Hugh Smith Source: Of Two Minds Re-opening a fragile, brittle, bankrupt, hopelessly perverse and corrupt “normal” won’t fix what’s broken. The stock market is in a frenzy of euphoria at the re-opening of the economy. Too bad the … Continue reading

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