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Pete Dolack – Could an Economic Collapse be in Our Near Future?

Climate scientists and others have in the past few years issued a steady stream of analyses showing that without immediate remedial actions, a disastrous future is headed our way. But is it a four-decade-old study that will prove prescient? That study, issued in the 1972 book The Limits to Growth, forecast that industrial output would decline early in the 21st century, …

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CHRIS MARTENSON – The Return of Crisis: Everywhere Banks are in Deep Trouble

Financial markets the world over are increasingly chaotic; either retreating or plunging. Our view remains that there’s a gigantic market crash in the coming future — one that has possibly started now. Our reason for expecting a market crash is simple: Bubbles always burst. Bubbles arise when asset prices inflate above what underlying incomes can sustain. Centuries ago, the Dutch woke …

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Michael Snyder – What Really Happened In 2015, And What Is Coming In 2016…

A lot of people were expecting some really big things to happen in 2015, and most of them did not happen.  But what did happen?  It is my contention that a global financial crisis began during the second half of 2015, and it threatens to greatly accelerate as we enter 2016.  During the last six months of the year that …

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Ernst Wolff – Pillaging the World. The History and Politics of the IMF

The following text is the forward to Ernst Wolff‘s book entitled : Pillaging the World. The History and Politics of the IMF, Tectum Verlag Marburg, www.tectum-verlag.de. The book is available in English and German. No other financial organization has affected the lives of the majority of the world’s population more profoundly over the past fifty years than the International Monetary …

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Michael Snyder – This 2 Day Stock Market Crash Was Larger Than Any 1 Day Stock Market Crash In U.S. History

We witnessed something truly historic happen on Friday.  The Dow Jones Industrial Average plummeted 530 points, and that followed a 358 point crashon Thursday.  When you add those two days together, the total two day stock market crash that we just witnessed comes to a grand total of 888 points, which is larger than any one day stock market crash in U.S. history.  …

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Michael Snyder – The Economic And Financial Problems In Europe Are Only Just Beginning…

Right now, the financial world is focused on the breathtaking stock market crash in China, but don’t forget to keep an eye on what is happening in Europe.  Collectively, the European Union has a larger population than the United States, a larger economy than either the U.S. or China, and the banking system in Europe is the biggest on the …