Today’s news is a historic milestone. The dollar’s days are numbered, and the new global economic order is shifting into place. As many insiders have expected, China has now officially gained status among the world reserve currencies, taking place...
When opportunity has evaporated, and people are vanquished with no hope of better employment, it is simply inevitable that many will turn to selling themselves rather than starve, or worse. At one level, it pure economics. The Greek people have been squeezed. Their...
This article was written by Michael Snyder and originally published at his Economic Collapse blog. Editor’s Comment: It wouldn’t be U.S. policy if it weren’t hypocritical. The entire war against ISIS has been a sham, a mental jihad to blunt the...
Outdoor retailers REI have sparked a revolution against the Black Friday consumer madness by encouraging people to connect with nature instead of electronics and holiday deals. The camping, hiking and cycling giant are officially shutting their doors this Black Friday...
This article was written by Tyler Durden and originally published at Zero Hedge. Editor’s Comment: Once again we see the failure of the system with Puerto Rico which took on more debt than it could possibly repay; we see the failures of the bloated system of...
This article was written by Michael Snyder and originally published at his Economic Collapse Blog. Editor’s Comment: On the one hand, the dollar under quantitative easing has watered down the purchasing power of the currency by giving the banks unlimited credit,...