I think it’s safe to say that anyone who thinks the United States economy is on the road to recovery, is drinking some serious Kool-aid. As organizations like shadowstats have shown time and time again, our government likes to fudge the numbers on a regular basis....
To prevent widespread bank runs and to keep money from leaving the country, the Greek government instated numerous capital controls to keep the lid on their economy, such as placing a daily withdrawal limit of 60 Euros. When they first created these mandates earlier...
According to some, Greece has been hogging the limelight, while China is going through ultra dramatic market fails, too. It’s excesses are glorious in their potential to plummet in a spectacular thud. Is China repeating the mistakes and the queasy heights of...
Chaos and economic disaster are still stirring up in Greece, with a sharp rejection of foreign control of their troubled affairs. More austerity and new rounds of loans? Voters in Greece’s emergency referendum were overwhelmingly against it. Whatever happens...
Media focus on has helped to reopen old wounds on race, with people reacting news about police killings that were allegedly motivated by race, with mass murders at historic black churches, and now a string of burning black churches. There is technique here. Inciting...
This article was written by Michael Snyder and original published at his Economic Collapse Blog. Editor’s Note: There is no doubt that derivatives are ticking time bomb… so is the Federal Reserve’s grasp over the economy. The game is rigged, all the...