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Category Archives: Economic Collapse
Economic Collapse
I’ve been writing commentary on the global economic collapse since 2007. We are about to enter the 2nd phase of the downturn after this summer followed by a complete currency collapse in perhaps two years. The trouble with the inevitable … Continue reading
First Iceland, Now Greece Reject Austerity
Last year Iceland told the Banksters to pound sand where the sun doesn’t shine as the world’s oldest democracy (900 years) refused to accept austerity measures by bailing out the foreign bankers who demanded that ordinary Icelandic citizens suffer rather … Continue reading
Saudi coup brilliant – but our energy costs will increase
This is reprinted from Jim Sinclair in the category Jim’s Mailbox WWW.jsmineset.com June 9, 2011, at 1:42 pm Jim, Dr. Philip Verleger’s knowledge of the oil industry is, in our opinion, second to none. We had seen the announcement and … Continue reading
Posted in Collapse 2011, Economic Collapse
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OOPS, I spoke too soon!
Goodness! No sooner did I post my latest Collapse Update on May 30 than we were hit with a barrage of dire economic data two days later. Hey, not my fault. I don’t create it; I just report it. This … Continue reading
Posted in Collapse 2011, Economic Collapse
Tagged China, collapse, Depression, Economic Collapse, financial crisis, house prices, unemployment
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Collapse Update – June, 2011
Tumultuous Summer Ahead “I’m convinced the US government will go bankrupt, but not tomorrow. Before they go bankrupt, they’ll print money, and then you’ll get very high inflation rates. Then you get a depression with high inflation. Then eventually they’ll … Continue reading
Posted in Collapse 2011, Economic Collapse
Tagged collapse, Economics, financial crisis, Great Depression, shortage, stockpile, Survival, unemployment
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A Lesson in Economics
The following article appeared in the February 23, 2002 issue of the Lakeshore News – Salmon Arm, B.C. It was written by Ron Adams; a local financial advisor who writes a regular column in the paper. Ron is sometimes a … Continue reading
Posted in Collapse 2011, Economic Collapse
Tagged Economics, tax cuts, taxes, the rich
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APRES NOUS LE DELUGE
This is a thought-provoking article from Egon von Greyerz that I’ve shamelessly copied in its entirety (with full attribution). – gerold by Egon von Greyerz By admin golds , March 6, 2011 @ 5:17 pm In Commentary “Paper money eventually … Continue reading
Posted in Collapse 2011, Economic Collapse
Tagged collapse, Economic Collapse, financial collapse, Greater Depression, propaganda
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Stock Crash? – March 2011
If you’re a stock investor or know someone who is, please heed or pass this on to them. I’ve bailed out of most of my equities (stocks) except for core holdings that pay dividends regardless of price. There’s too much … Continue reading
Posted in Collapse 2011, Economic Collapse
Tagged core holdings, dividends, equities, market crash, stock crash
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Rearranging the Deck Chairs on the U.S. Titanic
As usual, most of the news comes from the U.S. because that’s where the economic melt-down continues in earnest. News from Europe shows that their peripheral countries’ economies are still collapsing especially Ireland and Greece. And, Canada’s economy, largely dependent … Continue reading
So whadya expect during the collapse of western civilization
Forty years ago, I used to say this as a joke, “So whadya expect during the collapse of western civilization?” About ten years later, it wasn’t quite so funny anymore because I began to see the consequences of Nixon’s … Continue reading
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