Economy

American Dream of Owning A Home Hasn’t Been This Bad Since 1967

Thanks to the “Obama recovery”, the rate of homeownership in the United States has fallen to the lowest level in 48 years. The percentage of Americans that own a home is widely considered to be a key indicator…

An Expert That Correctly Called The Last Two Stock Market Crashes Is Now Predicting Another One

What I am about to share with you is quite stunning. A well-respected financial expert that correctly predicted the last two stock market crashes is now warning that we are right on the verge of the next one.…

Panic Sets In As Financial Markets All Over The Planet Start To Crash

Can you feel the panic in the air? CNN Money’s Fear & Greed Index measures the amount of fear in the financial world on a scale from 0 to 100. The closer it is to zero, the higher…

Top Economic Forecaster Warns: Have Cash On Hand To Survive For Three Months: “No Institution Is Safe”

Economic forecaster Martin Armstrong, who is known for having accurately predicted major events like the Savings & Loan crash, the collapse of Japanese financial markets and the destruction of the Russian economy almost to the day, says that…

Shock Report: China Dumps Half a Trillion Dollars: “Something Is Very, Very Wrong”

We’ve recently reported that China is preparing for something very big in currency markets this October. We then learned that economic models from two very well known financial forecasters are predicting that governments around the world will run…

Commodities Collapsed Just Before The Last Stock Market Crash – So Guess What Is Happening Right Now?

If we were going to see a stock market crash in the United States in the fall of 2015 (to use a hypothetical example), we would expect to see commodity prices begin to crash a few months ahead…

12 Ways The Economy Is Already In Worse Shape Than It Was During The Depths Of The Last Recession

Did you know that the percentage of children in the United States that are living in poverty is actually significantly higher than it was back in 2008? When I write about an “economic collapse”, most people think of…

4 Things That Are Happening Today That Indicate That A Deflationary Financial Collapse Is Imminent

When financial markets crash, they do not do so in a vacuum.  There are always patterns, signs and indicators that tell us that something is about to happen.  In this article, I am going to share with you…

Barack Obama Promises That Events In Greece And Puerto Rico Will Not Cause A Global Financial Crisis

Barack Obama says that we shouldn’t be alarmed by what is happening over in Greece.  On Tuesday, he told reporters that this “is an issue primarily of concern to Europe” and that “I think the markets have properly…

Why The Puerto Rico Debt Crisis Is Such A Huge Threat To The U.S. Financial System

The debt crisis in Puerto Rico could potentially cost financial institutions in the United States tens of billions of dollars in losses.  This week, Puerto Rico Governor Alejandro Garcia Padilla publicly announced that Puerto Rico’s  73 billion dollar…

New York Stock Exchange Comes to Screeching Halt – Stocks Plunge

The New York Stock Exchange came to a screeching halt amid what the NYSE said were “technical issues that affected symbols,” according to Bloomberg’s Julie Hyman. That’s not all though. According to USA Today: The losses in U.S.…