Tag Archives: collapse
A large stretch of a road near Vatican City in northwestern Rome, Italy collapsed on February 14, 2018, taking with it seven parked cars. There were no injuries reported but 2 nearby buildings with 22 families were ordered to evacuate. The event followed a day of…… Read more »
The last several years have seen massive gains for both stock market and digital currency investors with prices hitting unprecedented levels of growth. But one particular asset class, despite its necessity for day-to-day global activities, has been totally ignored by the general investing public. According to venture capital financier Carlo Civelli, there are varying reasons for why mining companies involved in commodity metals like copper, zinc, gold and silver have been either stagnant or seen disproportionate drops in their market value versus broader stocks, but one in particular stands out as of late:
The exploration stocks are just not attracting the following that they used and the reason for that could be the whole blockchain and Bitcoin mania… which is diverting a lot of speculative money from what used to be the commodities markets.
And while we’re likely to see continued interest in crypto currencies over coming years, Civelli notes that recent political developments in the United States, as well as favorable supply demand fundamentals, (more…)
by Federico Pieraccini via The Strategic Culture Foundation,
In the previous article I explained why bitcoin should be considered a reaction to US dollar hegemony and how other nations and central banks are facing the crisis of the dollar brought on by de-dollarization. In this article I will go into how we came to this point and what mechanisms helped to bring about a debt-based society. In the third and last article we will examine the nature of the future geopolitical and geo-financial transition as well as the signals we need look out for in the immediate future.
From Gold to Paper
To understand what is happening today we must look back to simpler times, back when people bartered with each other. The utility and availability of commodities determined their value. Gold in particular represented a finite good that was difficult to find and was useful in various fields. For this reason gold has always been considered the highest example of a valuable good, together with diamonds, platinum, silver and other elements that are difficult to find but have a common or daily use. For example, the (more…)
by Tyler Durden
If you mindlessly imbibe your social-media-sanctioned news feed from the palm of your hand, then you could almost be forgiven for thinking everything is awesome (with perhaps a nod to your implicit feed’s bias that things would be ‘awesome-er’ if “the other side” just got out of the way).
But as Umair Haque, via Eand.co, writes the rot goes deeper and is far graver.
When we take a hard look at US collapse, we see a number of social pathologies on the rise. Not just any kind. Not even troubling, worrying, and dangerous ones. But strange and bizarre ones. Unique ones. Singular and gruesomely weird ones I’ve never really seen before, and outside of a dystopia written by Dickens and Orwell, nor have you, and neither has history.
They suggest that whatever “numbers” we use to represent decline – shrinking real incomes, inequality, and so on – we are in fact grossly underestimating what pundits call the “human toll”, but which sensible human beings like you and I should simply think of as the overwhelming despair, rage, and anxiety (more…)
by Don Quijones
Jan 15, 2018
“The company that runs Britain”: profits were privatized, costs will be socialized.
The decline and fall of 200-year old UK infrastructure group Carillion was as spectacular as it will be costly. It was forced into compulsory liquidation this morning, following the breakdown of crisis talks with its banks and the government. The company, with global sales of £5.2 billion in 2016, has 43,000 employees, including 20,000 in Britain and 10,000 in Canada. It’s saddled with debts and an underfunded pension plan.
Its shares had plunged by 95% over the past 12 months, from £2.40 ($3.53) in January 2017 to as low as £0.12 ($0.17).
“We have been unable to secure the funding to support our business plan, and it is therefore with the deepest regret that we have arrived at this decision,” the company said in a statement. And the government is now forced to guarantee public services, ranging from school meals and hospital maintenance to roadwork.
Carillion’s problems began after a spate of contract delays and a decline (more…)
[Editor’s Note: A mad max scenario is one of the worst-case scenarios one can prepare for. The adage “if you can’t protect you don’t own it” rings true in this case. Long-term survival plans that reflect this type of disaster suggest preppers getting away from urban and suburban living and heading for hills. While this would be the safest option, there are dangers that lurk for those who plan to “live off the land.” Because in a post-collapse world – they will come for all that you own.]
Seems almost self-explanatory, right? I mean, what could be so involved with the term “living with the land,” right? There is a lot to it. There’s a reason to do this:
Living with the land will help you to live, and avoid the greatest hunter of all: man. Men…mankind…has the same instincts as you, the same success in the generations as you. Although this is not an “anthropological” treatise, it holds a lot of anthropology within it, because there (more…)
January 2nd, 2018
Every single financial collapse has been engineered by elitists and governments as a method of gaining the public’s support for more control over their money supply. Now one YouTuber has the guts to say it and boldly declares that those same globalists will blame bitcoin for a biblical level financial collapse.
The Dollar Vigilante YouTube channel isn’t walking on eggshells in their video titled “The Globalist Plan To Blame Bitcoin For Biblical Level Collapse.” The video starts off with a harsh dose of reality that many won’t like:
They won’t teach you in your government schools but every major economic and financial collapse is planned. It doesn’t happen by accident. – Jeff Berwick, The Dollar Vigilante
Berwick doesn’t mince words later either, and he says that the government and other globalists already have plans to collapse the economy and blame Bitcoin. Mike Adams, the Health Ranger has also stated that the elitists need to control Bitcoin in order to control humanity, so look for a false flag terror attack allegedly (more…)
Ron Paul does not believe the U.S. will break into separate countries, like the Soviet Union did, but expects changes in the U.S. monetary policy, as well as the crumbling of the country’s “overseas empire.”
The godfather of the Tea Party movement and perhaps the most prominent right-leaning libertarian in America, Ron Paul, believes the economic boom the United States experienced under President Trump could be a “bit of an illusion.”
Mr. Paul sees inequality, inflation, and debt as real threats that could potentially cause a turmoil.
“the country’s feeling a lot better, but it’s all on borrowed money” and that “the whole system’s an illusion” built on corporate, personal, and governmental debt.
“It’s a bubble economy in many many different ways and it’s going to come unglued,”
In a recent interview with the Washington Examiner, Paul said,
“We’re on the verge of something like what happened in ’89 when the Soviet system just (more…)
The OPEC extension keeps the oil market on track to balancing at some point next year, but if the group overshoots on tightening, OPEC members could begin cheating, potentially leading to an unraveling of the deal.