Tag Archives: collapse
Source: EURO ON THE VERGE OF COLLAPSE?
U.S. Pension Fund Collapse Isn’t a Distant Prospect, America Will Be In Worse Fiscal Shape Than Italy, Mozambique And Burundi By 2023…
April 17, 2018
The situation getting worse by the day. Here’s an update (with video) on the hyperinflation and economic collapse happening in real time…
The situation in Venezuela is getting worse by the day.
We’ve got some street level prices of what goods actually cost.
To say that prices have gone parabolic is an understatement. When a one-and-a-half pound block of cheese nearly costs a month’s worth of wages (see below), you know things are very close to the end.
I have long argued that Venezuela is a taste of things to come in the United States. People counter and say, “No way, the United States is not some third world country”. (more…)
Soros allegedly is going to get into the cryptocurrency market. All jobs were revised from last month and the jobs stats do not look that good. The entire economic system is falling apart.
by Alasdair Macleod via GoldMoney.com,
“Naturally, the smooth termination of the gold-exchange standard, the restoration of the gold standard, and supplemental and interim measures that might be called for, in particular with a view to organizing international credit on this new basis, will have to be deliberately agreed upon between countries, in particular those on which there devolves special responsibility by virtue of their economic and financial capabilities.”
General Charles de Gaulle, February 1965
We have been here before – twice.
The first time was in the late 1920s, which led to the dollar’s devaluation in 1934. And the second was 1966-68, which led to (more…)
Economic Collapse Confirmed! Petro-Yuan Futures Open – Over 10 Billion Notional Trades In First Hour
A good compilation of views on the petro-yuan.
“Will The U.S economic collapse happen in 2018? The Chinese have effectively challenged the dollar’s dominance by launching the petro-yuan, leading some to believe the US dollar’s collapse is all but imminent. After all the preparation, all the expectation, cheerleading and doomsaying, China’s Yuan-denominated crude oil futures contract began trading tonight and appears to be o a good start with well over 10 billion yuan notional traded within the first hour.
This could be a death blow for an already weakening U.S. dollar, and the rise of the yuan as the dominant world currency. Prepare for economic collapse and U.S. stock (more…)