Total Government And Personal Debt In The U.S. Has Hit 41 Trillion Dollars ($329,961.34 Per Household)

Michael Snyder U.S. NEWS 0 Comments

We are living in the greatest debt bubble in the history of the world.  In 1980, total government and personal debt in the United States was just over the 3 trillion dollar mark, but today it has surpassed 41 trillion dollars.  That means that it has increased by almost 14 times since Ronald Reagan was first elected president.  I am searching for words to describe how completely and utterly insane this is, but I am coming up …

Would You Like To Steal 128 Million Dollars?

Michael Snyder FEATURED ARTICLES, POLITICAL, SUPPORT A FREE USA!, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

What would you do with 128 million dollars? Many people like to daydream about winning the lottery, and I have to admit that when I was much younger I would do the same thing. If you were suddenly financially set for life, you could quit your job, buy your dream home, travel the world and spend your days doing whatever you felt like doing. We only get one trip through this crazy journey called life, …

The Real Purpose Behind the Russian/Trump Conspiracy Propaganda

Greg Holt FEATURED ARTICLES, POLITICAL, SUPPORT A FREE USA!, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

By Brandon Smith on The Daily Sheeple Just after the US presidential election in 2016 I published an article titled ‘Order Out Of Chaos: Defeat Of The Left Comes With A Cost’, covering a rather difficult subject matter, namely the concept of “4th Generation Warfare” and how it is used by establishment elitists to defeat popular resistance to their agenda of centralization and globalization. 4th Gen tactics are confusing to many because most people think in …

The Worst Financial Nightmare In Illinois History Erupts As State Comptroller Declares ‘We Are In Massive Crisis Mode’

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

Margaret Thatcher once said that the big problem with socialist governments is that “they always run out of other people’s money”, and unfortunately we are witnessing this play out in a major way in the state of Illinois right now. At this point, the Illinois state government has more than 15 billion dollars of unpaid bills. Yes, you read that correctly. They are already 15 billion dollars behind on their bills, and they are on …

Legendary Investor Jim Rogers Warns That The Worst Stock Market Crash In Your Lifetime Is Coming ‘This Year Or Next’

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

If Jim Rogers is right, the worst stock market crash that any of us has ever seen is right around the corner.  For the past 15 years, Rogers has been a frequent guest analyst on CNBC, Fox News and elsewhere, and he is immensely respected for the depth of knowledge and experience that he brings to the table.  So the fact that he is warning that we are about to see the worst stock market …

Former Reagan Administration Official Is Warning Of A Financial Collapse Some Time ‘Between August And November’

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

If a former Reagan administration official is correct, we are likely to see the next major financial collapse by the end of 2017. According to Wikipedia, David Stockman “is an author, former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.” He has been frequently interviewed by mainstream news outlets such …

Debt Insanity: Does Anyone In Washington Even Care That We Are 20 Trillion Dollars In Debt?

Michael Snyder FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

There has been a tremendous amount of talk about the spending deal that was just reached in Congress.  Most of the focus has been on who “won” and who “lost” politically, and if you have been keeping up with my articles you definitely know my opinion on the matter.  But what nobody is really talking about is that this deal actually increases spending at a time when our debt has been absolutely exploding.  We added …

Have We Just Reached Peak Stock Market Absurdity?

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

Have you ever wondered how tech companies that have been losing hundreds of millions of dollars year after year can somehow be worth billions of dollars according to the stock market? Because I run a website called “The Economic Collapse“, there are naysayers out there that take glee in mocking me by pointing out how well the stock market has been doing. This week, the Dow is flirting with 21,000 and the Nasdaq crossed the …