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News & Articles By News Editors
06/10/2021
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By News Editors
Outsourcing production of virtually everything has brought US to brink of nightmare economy scenario
Many of the imbalances that are contributing to the nightmarish shortages that we are currently witnessing are not going to be solved any time soon. Ever since I started The Economic Collapse Blog, I have been warning that outsourcing the production of just about everything and running massive trade deficits year after year would eventually have […]
06/04/2021
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By News Editors
Economic collapse: 8 signs it is close
Prepping is all about being ready for the unexpected. It is about being ready for everyday emergencies, natural disasters and regional calamities that will put your life in danger, not to mention make it very complicated. (Article by Tim Makay republished from ModernSurvivalOnline.com) Most preppers will establish detailed plans and acquire all of the supplies […]
05/14/2021
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By News Editors
Why inflation is at a 12-year high
Yesterday, the Bureau of Labor Statistics (BLS) released numbers indicating that the average price level of consumer goods has risen 4.2% since this time last year. This is the highest rate since 2008. In other words, the average consumer making the same salary this year has taken a pay cut when you consider what their […]
05/14/2021
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By News Editors
California real estate agents say wealthy homeowners leaving for Arizona, Texas, other tax havens
(The Center Square) – California’s wealthiest residents sought to purchase luxury homes in other states during the COVID-19 pandemic, if not leave the state entirely. (Article by Cole Lauterbach republished from TheCenterSquare.com) A report from realty company Coldwell Banker suggests many of their California-based home sellers saw their wealthy clients selling and heading for more tax friendly climates […]
05/09/2021
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By News Editors
What will you do when inflation forces U.S. households to spend 40 percent of their incomes in food?
Did you know that the price of corn has risen 142 percent in the last 12 months? Of course corn is used in hundreds of different products we buy at the grocery store, and so everyone is going to feel the pain of this price increase. But it isn’t just the price of corn that […]
05/05/2021
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By News Editors
Get ready for the most painful inflation since the Jimmy Carter years of the 1970s
If you are too young to have been alive during the 1970s, you might want to read up on that decade, because current economic conditions are starting to become eerily similar to what we experienced back then. In the 1970s, an energy crisis caused tremendously long lines at gas stations all over the country. In […]
05/04/2021
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By News Editors
Impending doom? Economist predicts ‘Biden’s woke economics will lead to disaster’
A top economist sounded the alarm on the damage President Joe Biden’s Marxist plans will inflict on the economy. (Article by Joseph Vazquez republished from NewsBusters.org) Economist and University of Maryland Professor Emeritus Peter Morici penned a fiery op-ed headlined, “Biden’s woke economics will lead to disaster.” In the piece, Morici argued that “Mr. Biden doesn’t just want guardrails […]
03/10/2021
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By News Editors
70.87 billion reasons why the retail brokers just betrayed their customers
Yesterday, when TD Ameritrade became the first exchange to impose “unprecedented” restrictions on GME trading, we predicted what would happen next: “expect many more exchanges to follow suit, because hedge funds clearly need to be protected when faced with the retail daytrading mob.” (Article by Tyler Durden republished from ZeroHedge.com) 24 hours later, we were proven correct when […]
03/03/2021
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By News Editors
The brutal reality is, with globalism being rammed down our throats, Americans need to plan to survive as the entire economic system comes crashing down
Events over the past few years have made people rethink their retirement plans. No matter how many years you have before retirement you have to be aware of the impact that changes in the financial world will have on your retirement. In most cases, people have been working hard trying to put together some savings […]
02/23/2021
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By News Editors
Kansas bill would make gold and silver legal tender in the state
A bill introduced in the Kansas House would recognize gold and silver specie as legal tender and repeal all taxes levied on it. The legislation would pave the way for Kansans to use gold and silver in everyday transactions, a foundational step for the people to undermine the Federal Reserve’s monopoly on money. (Article by Michael […]
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