Category Archives: Economic Depression
After Raising Rates Once During The Obama Years, The Fed Promises Constant Rate Hikes During The Trump Era
Now that Donald Trump has won the election, the Federal Reserve has decided now would be a great time to start raising interest rates and slowing down the economy. Over the past several decades, the U.S. economy has always slowed down whenever interest rates have been raised significantly, and on Wednesday the Federal Open Market […]
June 23, 2016: The Brexit Vote Could Change EVERYTHING And Plunge Europe Into Financial Chaos
via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. On June 23rd, a vote will be held in the United Kingdom to determine if Britain will stay in the European Union or not. This is most commonly known as the “Brexit” vote, and that […]
“Step Up the Aid to Refugees” Merkel Tells Greece
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. mishtalk.com / Mike “Mish” Shedlock / 05 March 2016 Instead of looking in the mirror and doing the least bit of self-assessment of the refugee crisis, German Chancellor Angela Merkel pointed the finger at Austria and nine Balkan countries, then at […]
Things Have Gotten So Bad That A Million New Claims For Unemployment Benefits In One Week Is Considered “Good News”
via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. The Labor Department announced on Thursday that another 1.006 million Americans filed new claims for unemployment benefits last week. Prior to this year, the all-time record for a single week was just 695,000, and so […]