12 Statistics That Prove That The U.S. Is Facing A Consumer Debt Apocalypse

  Source: Investment Watch   by Michael Snyder In the entire history of the United States, consumers have never been in so much debt.  And that would not be a crisis
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‘Gut-wrenching’ day as production ends at Ohio GM assembly plant

  Source: NBC News The last Chevrolet Cruze built at GM’s plant near Youngstown came off the assembly line Wednesday. Employees frustrated and uncertain as production ends at By Associated Press
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18 Really Big Numbers That Show That The U.S. Economy Is Starting To Fall Apart Very Rapidly

  Source: The Economic Collapse   Virtually every piece of hard economic data is telling us that the U.S. economy is slowing down dramatically.  Many of the pundits have been
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WHAT KILLED THE MIDDLE CLASS?

  via: BLACKLISTED NEWS SOURCE: CHARLES HUGH SMITH Rounding up the usual suspects won’t restore a vibrant middle class. What killed the middle class? The answer may well echo an Agatha Christie
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The Coming Global Financial Crisis: Debt Exhaustion

  Source: oftwominds by Charles Hugh Smith   The global economy is way past the point of maximum debt saturation, and so the next stop is debt exhaustion. Just as generals
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Top Trump official calls bankers, will convene ‘Plunge Protection Team’

  Source: Reuters | By Jason Lange WASHINGTON (Reuters) – U.S. President Donald Trump’s Treasury secretary called top U.S. bankers on Sunday amid an ongoing rout on Wall Street and made plans
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Jaguar Land Rover to ‘axe up to 5,000 jobs’

  Source: The Guardian   Analysts say carmaker will outline job cuts in new year as part of drive to combat Brexit and falling sales Angela Monaghan Jaguar Land Rover is
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Stocks Are Down Just 10%… So Why Are the Powers That Be So Terrified?

  via: Zero Hedge by Phoenix Capital Research  The Powers That Be are getting desperate. Yesterday marked the third time in the last FIVE trading sessions that we have a coordinate
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Europe Has A New Problem: Macron’s “Populism” To Blow Out French Budget Deficit Far Beyond Italy’s

  Source: Zero Hedge | by Tyler Durden As if Brussels didn’t have its hands full already with Italy and the UK, the European Union will soon be forced to rationalize why one
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Jerome Powell is NOT Bernanke or Yellen. He Doesn’t Care if Stocks Crash

  via: Zero Hedge | Phoenix Capital  Investors are once again pinning their forecasts on hope. The hope is that the Powell Fed will slow the pace of its rate hikes based
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The Two Paths to Collapse

  Source: Of Two Minds   The very structure of our systems guarantees their failure once conditions change beyond their limited ability to adjust. As a general rule, there are
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A Closer Look At Unwinding the Middle East Puzzle

  Source: WHTT   The vast majority of Americans are oblivious to the fact that the US has a war based economy that needs enemies and wars to stay afloat.
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The Inevitable Failure of Public Pensions

  Source: Mises Institute By Justin Murray Unless your primary news feed is Facebook, you’ve probably been exposed to the fact that public pensions are in pretty big trouble with funding. Being
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AMERICA’S HOMELESSNESS CRISIS IS RAPIDLY EXPLODING ON BOTH COASTS

  via: BLACKLISTED NEWS   SOURCE: MICHAEL SNYDER   The homelessness crisis in the United States is getting a lot worse, and it is happening at a pace that is absolutely
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Caravan Migrants: ‘What Are We Supposed to Do in Honduras If There’s no Work?’

  Source: Breitbart Migrants traveling with the 7,000-strong caravan headed to the U.S.-Mexico border to overwhelm the country’s asylum and immigration system are admitting that they are merely foreign workers
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Trump’s list: 289 accomplishments in just 20 months, ‘relentless’ promise-keeping

  Source: The Washington Examiner | by Paul Bedard The Trump administration’s often overlooked list of achievements has surpassed those of former President Ronald Reagan at this time and more than doubled
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Trump Is Right: The Federal Reserve Is Crazy And Here Are 101 Reasons Why It Should Be Shut Down

  Source: The American Dream by Michael Snyder    Donald Trump just made one of the most brilliant moves of his entire presidency.  By accusing the Federal Reserve of “going loco”, he is
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Cheer up, the worst is yet to come!

  Source: WHTT By David Stockman |  October 5, 2018 – Title from Mark Twain, Those Extraordinary Twins (1894) “The yield on the 10-year U.S. Treasury note hit seven-year highs this week. It made
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The Lies of Our (Financial) Times

  Source: The Unz Review | JAMES PETRAS   Introduction The leading financial publications have misled their political and investor subscribers of emerging crises and military defeats which have precipitated catastrophic political and
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‘Biggest Bubble in History of Mankind’

  Source: Lew Rockwell Ron Paul says US stock market will soon plunge by 50% RT News The recent jump in Treasury bond yields indicates that the US is barreling
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