The price of oil has long been a key indicator of economic health and stability. And that index is tanking fast. In the last few years, dramatic overproduction of oil has become a major tool of geopolitical conflict. As prices have plummeted from $110/barrel to $40,...
This article was written by Michael Snyder and originally published at his Economic Collapse blog. Editor’s Comment: By all accounts, things are grinding to a halt and reaching the point of unavoidable crisis. Nothing short of all out world war may be able to...
A vast joblessness is coming. Perhaps the system will develop some gentle pretext to keep everyone occupied with busy work to cope with the problem. But the simple fact is that the future doesn’t need us. And central banks are officially gearing up for that...
This article was written by Charles Hugh Smith and originally published at his Of Two Minds blog. Editor’s Note: Privately issued money controlled by a secretive and ruthless cartel just isn’t the formula for success. The problem is pretty simple, or would...
This article was written by Tyler Durden and originally published at Zero Hedge. Editor’s Comment: The EU is now asserting its authority as an instrument of stability, and telling member states to fall in line, lest more severe consequences should arise – namely...
This article was written by Michael Snyder and originally published on his Economic Collapse blog. Editor’s Comment: As Michael Snyder so often points out, the writing is on the wall, and has been for some time. The whole system is an elephant doing a tight wire...