You Are Here: Home » News » Economic Collapse (Page 60)

Horrific Consequences: ‘People Don’t Understand the Scale of the Emergency That’s Going On Right Now’

  Back in the mid-2000′s, when jobs were plentiful and everyone was concerned with buying zero-interest homes, new cars and taking luxury vacations, Mike Maloney from the Hidden Secrets of Money was warning of the financial and economic destruction to come. In his assessment, a crisis was imminent: First the threat of deflation (1), followed by a helicopter drop (2), followed by big reflation (3), foll ...

Read more

Bitcoin: What You’re Not Being Told [VIDEO]

Bitcoin has a fatal design flaw that almost no one is talking about. The current bubble is just the tip of the iceberg.   Bitcoin has gone through the roof in the past several months rising from around $200 to over $1000 in November of 2013 alone. This is obviously a speculative bubble, and like all bubbles it will pop. There is a lot of chatter on the internet as to when it will pop, and how low it wi ...

Read more

Ukrainian Protesters Seize Rothschild Owned Central Bank!

KIEV, Ukraine — The demonstrators who have laid siege to public buildings in this rattled capital expanded their protest overnight, blockading the central bank on Wednesday and setting up tents and lighting bonfires on the sidewalk outside. Protest leaders had vowed to surround additional government buildings after the Ukrainian Parliament on Tuesdaydefeated a measure calling for the resignation of Prime Mi ...

Read more

Europe confirms bank bail-ins to be used during ‘Future of banking’ conference

Irish Finance Minister Michael Noonan confirmed that bank bail-ins will be used throughout Europe during a major conference of financial leaders on Dec. 3.  In a meeting known as 'The Future of Banking in Europe', ministers from countries throughout the Eurozone voted on a number of programs that could be implemented to stave off the next round of bank crises, with direct confiscation of depositor accounts ...

Read more

For-Profit Asteroid Precious Metals Mining Missions To Start Within 3 Years

Sci-fi? Mining startups plan to prospect for asteroid belt minerals beginning in 2016, but the big goal is air and water for future space travel, not gold.   LONDON — Mining in space is moving from science fiction to commercial reality but metals magnates on this planet need not fear a mountain of extraterrestrial supply — the aim is to fuel human voyages deeper into the galaxy.   Within three yea ...

Read more

Detroit court sets precedence as pensions can be cut in municipal bankruptcies

For the tens of thousands of current and former employees of the City of Detroit, a new a ruling by the judge overseeing the city's bankruptcy proceedings is setting a new precedent that will bring shock waves to municipal workers all across the country.  In determining which assets are eligible for reorganization to help pay for the $18 billion debt incurred by the City of Detroit,  Judge Steven Rhodes ack ...

Read more

As predicted, Black Friday sales down more than 10% from last year

Amid all the shouting, pushing, slashing, and even shootings that have taken place during this year's Black Thursday and Friday ritual, one vital thing has been missing for many retailers. Sales. Sales on Black Thursday and Friday are down more than 10% from last year, and while many analysts predicted lower numbers for the 2013 shopping season, many did not foresee a drop of this magnitude. U.S. consumers ...

Read more

WOW: Hundreds of illegals STORM Cali Border Patrol [VIDEO]

WOW: Hundreds of illegals STORM Cali Border Patrol This is raw footage from yesterday as hundreds of illegal immigrants try to cross the Mexican/American border out in California. The border jumpers started throwing bottles and rocks at patrolmen and the crowd had to be dispersed. It really picks up at the 2 min. mark.         SOURCE: VIRAL CONSERVATIVE  ...

Read more

European financial crisis begins to percolate heading into Christmas

2013 will go down in history as the year of currency wars and central bank domination over the markets.  During this year, nearly every sovereign economy has implemented some form of money printing policy which have boosted their equity markets, but masked the growing inflation and rising unemployment that invariably follows such courses of action. However, as we lead into the final month of 2013, and the r ...

Read more

Homeland Security Labels BITCOIN an “EMERGING THREAT”

  The popularity of the digital currency Bitcoin is exploding. Today's price spiked over $600, nearly double what is was just over a week ago. It seems the U.S. government now wants into the party.   Today several federal agencies weighed in on the decentralized currency. While most agencies acknowledged its legitimate uses, the Department of Homeland Security referred to Bitcoin as an emerging th ...

Read more

BREAKING: BITCOIN SETS NEW RECORD

  Bitcoin is currently riding a massive surge. Moments ago the online currency peaked at a high of 1,044, which set a new all time record value. You can monitor the market here. Many investors are cashing in their coins to the tune of massive profits. Meanwhile, others are feeling priced out of the market. Some fear that the Bitcoin bubble is due to burst. However, this is an assumed risk with such a h ...

Read more

Banks Threaten To Charge You For Saving Money

  In an effort to protect their record profits, banks might soon charge you for the privilege of having a savings account.   I know what you're thinking: Banks already charge customers outrageous fees for the privilege of having bank accounts. But if the Federal Reserve dares to try and help the economy by cutting a special interest rate it pays banks, fees could get even moreoutrageous, the Finan ...

Read more

© 2012 Secrets of the Fed