This article was written by Michael Snyder and originally published at his End of the American Dream blog. Editor’s Comment: No one can say with any certainly what consequential events may arrive in September 2015, but there has been an overwhelming concern...
And at some point, all empires crumble on their own excess, stretched to the breaking point by over-extending a military industrial complex with sophisticated equipment, hundreds of bases in as many countries, and never-ending wars that wrack up mind boggling levels...
This article was written by Michael Snyder and originally published at his Economic Collapse blog. Editor’s Comment: The alarm bells of a looming crash have again and again sounded, with a constant stream of reports that show Americans at large have been screwed...
On Monday, the price of gold briefly fell to $1080 per ounce, which is the lowest price it has seen in 5 years. As of today, it still hasn’t returned to its previous level. This devastating crash, coupled with the downward trend that gold has seen in recent years, has...
For the first time in six years, China has updated the status of their national gold reserves. As part of their move to join the IMF’s basket of currencies, they were asked to come clean on the amount of gold they’ve accumulated in recent years. However, the numbers...
For decades, local and state governments in the United States have made promises to their employees that they cannot keep. They guaranteed a certain level of income to retirees at a time when America was its most prosperous, and when most people didn’t live as long as...