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financial collapse

06/19/2018 / By Ethan Huff

As Bitcoin wastes the world’s electricity, Bitcoin mining now a money-LOSING proposition

The market price of the popular online cryptocurrency Bitcoin has sunk so low in recent days, compared to the all-time highs it reached last Christmas, that “mining” the digital “money” is no longer a profitable endeavor, new reports indicate. Because “digging up” Bitcoins from cyberspace requires an incredible amount of computing power and constant technology […]

09/07/2017 / By News Editors

There’s literally a ‘token’ called F*ck that’s up 370% in the last 24-hours

I vividly remember having a conversation several years ago with a woman about her real estate investments in the United States. (Article by Simon Black republished from SovereignMan.com) It must have been around 2005 or 2006… the peak of the property bubble. She was a psychologist from somewhere in the midwest, telling me about how […]

06/24/2017 / By Russel Davis

Ethereum crypto-currency flash crashes then recovers following panic selloff caused by technical glitch

A technical glitch has resulted in a brief but monumental crash in the price of ethereum, an alternative digital currency to bitcoin, demonstrating the apparent volatility of the cryptocurrency market. According to recent reports, the price of etherium flash crashed in a matter of seconds from around $319 to 10 cents on cryptocurrency exchange GDAX. This, following a multi-million […]

05/10/2017 / By Russel Davis

Shock report reveals 60% of countries will be bankrupt within 50 years

A report by Standard & Poor revealed that some 60 percent of countries around the world will be bankrupt within 50 years. According to the report, entitled Global Aging 2010: An Irreversible Truth, these countries will be in such great debt by 2060 that their debts will eventually be downgraded to “junk status.” Countries with a junk […]

04/12/2017 / By JD Heyes

Most U.S. households can’t survive even a small financial emergency – Part I

Recent reports have indicated that American households are in dire straits, financially speaking. After eight years of little economic growth under former President Barack Obama’s job-killing, regulatory-heavy policies, Americans are hurting. Here is just some of the data. As reported at Collapse.news, Americans’ household credit card debt has surpassed $1 trillion, the highest it has […]

02/20/2017 / By Mike Adams

Pay attention to these three financial experts if you want to survive the coming financial superstorm: Michael Pento, James Rickards and Gerald Celente

I’m on the record with an all-out warning that a horrific “financial apocalypse” is coming during President Trump’s first term (see my mini-documentary videos below). As a laboratory scientist, I’ve long had a natural gift for mathematics, and I can assure you that the mathematics of today’s global debt leverage fiasco point to a 100% […]

12/24/2016 / By Mike Adams

If you’ve stopped prepping, it could be the biggest mistake of your life

In a wildly viral article from TheEconomicCollapseBlog.com, Michael Snyder reveals that prepping has collapsed among Trump supporters since the day of the election. “[I]nterest in prepping is probably the lowest that it has ever been in the history of the modern prepper movement. A couple of weeks ago, I wrote an article about how it […]

08/21/2015 / By Chris Draper

HAPPENING NOW: China’s unfolding market crash resembles 1929’s Black Thursday, plunging world economy into depression

Chinese stocks are believed to drop 9 percent again in the next four to five days. The losses could be as bad as the losses that occurred during U.S. exchanges in the Wall Street crash of 1929, according to Thomas DeMark, founder and CEO of DeMark Analytics. DeMark reports that the upheaval on the Shanghai […]

08/21/2015 / By Julie Hill

Biggest slowdown in Chinese manufacturing in 6yrs

China’s production activity is showing further signs of a slowdown, with its key indicator, the Purchasing Managers Index (PMI) at its lowest point since March 2009. The outlook from Caixin and Markit, published on Friday, shows the index fell to 47.1 from 47.8 in July. The 50 mark separates expansion from contraction, and the last time […]

08/21/2015 / By Julie Hill

S&P below 2K, Dow falls 300 points as growth concerns weigh

U.S. stocks plunged on Friday, extending a recent rout, as concerns about slowing global growth continued to pressure investor sentiment. ( Tweet This ) “Right now there is a feeling of fear in the marketplace and all news is interpreted negatively and it’s interpreted indiscriminately,” said Tom Digenan, head of U.S. equities as UBS Global […]

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