When the New York Federal Reserve began pumping billions of dollars a day into the repurchasing (repo) markets (the market banks use to make short-term loans to each other) in September, they said this would only be necessary for
The world is now 188 trillion dollars in debt, and that number continues to grow rapidly each year. It is a form of enslavement that is deeply insidious, because most of those living on the planet do not even understand how the
There should no longer be any doubt that the U.S. economy is slowing down, but most Americans still don’t realize what is happening because the major news networks are completely focused on the endless impeachment drama that
The United States’ economic situation has been a bumpy and precarious road for the past several months. But it’s about to get even bumpier. This week’s reports will likely show that the U.S. economy is deteriorating.
The Chinese never intended to make a deal, and now they are publicly admitting it. For months, I have been warning readers of The Economic Collapse Blog that a comprehensive trade deal with China will not happen before the
Since September 17, the Federal Reserve Bank of New York has pumped billions of dollars into the repurchasing (repo) market, the first such intervention since 2009. The Fed has announced that it will continue to inject as much as
Do you remember what it was like in 2008 when it literally felt like no job was truly safe? It was a terrible time, and many fear that we could soon be facing a similar scenario. In recent days, big companies all across
Editor’s Note: I’ve presented it before and I’ll present it again: Nowhere in the Constitution is the president authorized to impose tariffs. Only Congress is allowed to do this. If you think otherwise,
As the United States government continues to pile up debt, most states are following in its footsteps. Total state government debt now stands at $1.49 trillion with 40 states lacking sufficient funds to pay their bills according
The Federal Reserve is once again secretly shelling out trillions of dollars in the dark, while Congress willingly looks the other way. In other words, the central bank has initiated a replay of the 2007-2010 financial crisis.