Market Analyst Warns: ‘We’re Going to Have a Biblical Event…There is no Way to Stop This’

Greg Holt ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL Leave a Comment

By Mac Slavo on The Daily Sheeple Gregory Mannarino of TradersChoice.net has been eerily prescient in recent years, having accurately forecast stock movements, Federal Reserve rate hikes and market sentiment. In a recent interview with Greg Hunter at USA Watchdog, Mannarino says that U.S. debt has reached such extreme levels that when foreign creditors and investors finally decide to pull out of the U.S. dollar the system will collapse to such an extent that it will have a …

The World Is Now $217,000,000,000,000 In Debt And The Global Elite Like It That Way

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL, WORLD NEWS 2 Comments

The borrower is the servant of the lender, and through the mechanism of government debt virtually the entire planet has become the servants of the global money changers.  Politicians love to borrow money, but over time government debt slowly but surely impoverishes a nation.  As the elite get governments around the globe in increasing amounts of debt, those governments must raise taxes in order to keep servicing those debts.  In the end, it is all …

We Are Getting Very Close To An Inverted Yield Curve – And If That Happens A Recession Is Essentially Guaranteed

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL Leave a Comment

If something happens seven times in a row, do you think that there is a pretty good chance that it will happen the eighth time too?  Immediately prior to the last seven recessions, we have seen an inverted yield curve, and it looks like it is about to happen again for the very first time since the last financial crisis.  For those of you that are not familiar with this terminology, when we are talking …

The Next Financial Crisis Has Already Arrived In Europe, And People Are Starting To Freak Out

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL, WORLD NEWS Leave a Comment

Did you know that the sixth largest bank in Spain failed in spectacular fashion just a few days ago?  Many are comparing the sudden implosion of Banco Popular to the collapse of Lehman Brothers in 2008, and EU regulators hastily arranged a sale of the failed bank to Santander in order to avoid a full scale financial panic.  Sadly, most Americans have no idea that a new financial crisis is starting to play out over …

12 Signs The Economic Slowdown The Experts Have Been Warning About Is Now Here

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL Leave a Comment

Since the election there has been this perception among the American public that the economy is improving, but that has not been the case at all.  U.S. GDP growth for the first quarter was just revised up to 1.2 percent, but that is even lower than the average growth of just 1.33 percent that we saw over the previous ten years.  But when you look even deeper into the numbers a much more alarming picture …

They Are Killing Small Business: The Number Of Self-Employed Americans Is Lower Than It Was In 1990

Michael Snyder U.S. NEWS Leave a Comment

After eight long, bitter years under Obama, will things go better for entrepreneurs and small businesses now that Donald Trump is in the White House?  Once upon a time, America was the best place in the world for those that wanted to work for themselves.  Our free market capitalist system created an environment in which entrepreneurs and small businesses greatly thrived, but today they are being absolutely eviscerated by the control freak bureaucrats that dominate …

Not Prepared: Will Most Americans Be Absolutely Blindsided By Multiple Wars And A Simultaneous Economic Collapse?

Michael Snyder FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL Leave a Comment

According to CBS News, an astounding three-fourths of all Americans have to “scramble to cover their living costs” each month. In other words, most of the country is either living paycheck to paycheck or very close to it. But instead of tightening their belts and trying to put something away for the very hard times that are coming, most Americans are completely and utterly unprepared for what is ahead because the people that they trust …

A Death Cross and a Currency War With Major Market Swings: is a Serious Economic Crash Right Around the Corner?

Greg Holt ECONOMY, FEATURED ARTICLES, U.S. NEWS Leave a Comment

Written by Michael Snyder Things continue to line up in textbook fashion for a major financial crisis by the end of 2015. This week, Wall Street has been buzzing about the first “death cross” that we have seen for the Dow since 2011. When the 50-day moving average moves below the 200-day moving average, that is a very important psychological moment for the market. And just like during the run up to the stock market …