A New Digital Cash System Was Just Unveiled At A Secret Meeting For Bankers In New York

Last month, a “secret meeting” that involved more than 100 executives from some of the biggest financial institutions in the United States was held in New York City.  During this “secret meeting“, a company known as “Chain” unveiled a technology that transforms U.S. dollars into “pure digital assets”.  Reportedly, there were representatives from Nasdaq, Citigroup, Visa, Fidelity, Fiserv and Pfizer in the room, and Chain also claims to be partnering with Capital One, State Street, and First Data.  This “revolutionary” technology is intended to completely change the way that we use money, and it would represent a major step toward a cashless society.  But if this new digital cash system is going to be so good for society, why was it unveiled during a secret meeting for Wall Street bankers?  Is there something more going on here than we are being told? (Read More....)

The End Of America?: 13 Catastrophic Events Which Could Soon Lead To An American Apocalypse

Is the strongest and most powerful nation on the planet headed for an apocalypse which will bring it to its knees?  We live in a world that is becoming increasingly unstable, and apocalyptic themes have become very common in books, movies, television shows and video games.  It is almost as if there is an unconscious understanding on a societal level that something very big and very bad is coming, even if the vast majority of the population cannot specifically identify what that is going to be.  Last week, the Global Challenges Foundation released a new report entitled “Global Catastrophic Risks 2016” in which they discussed various apocalyptic events that they believe could wipe out more than 10 percent of the population of our planet, and they warned that these types of events “are more likely than we intuitively think”… (Read More....)

The U.S. Economy Officially Joins The Global Economic Slowdown – 1st Quarter GDP Comes In At 0.5%

Even the government is admitting that the U.S. economy is slowing down.  On Thursday, we learned that U.S. GDP grew at just a 0.5 percent annual rate during the first quarter of 2016.  This was lower than analysts were anticipating, and it marks the third time in a row that the GDP number has declined compared to the previous quarter.  In other words, GDP growth has been declining for close to a year now, and this lines up perfectly with what I have been saying about how the second half of last year was a turning point that plunged us into the early chapters of a brand new economic crisis.  And as you will see below, the official GDP number is highly manipulated, and the way that it is calculated has been changed numerous times over the years.  So the bad number that is being reported by the government is actually the best case scenario. (Read More....)

The Future Of America? – More Than Half Of All U.S. Adults Under Age 30 Now Reject Capitalism

A shocking new survey has found that support for capitalism is dying in America.  In fact, more than half of all adults in the United States under the age of 30 say that they do not support capitalism at this point.  You might be tempted to dismiss them as “foolish young people”, but the truth is that they are the future of America.  As older generations die off, they will eventually become the leaders of this country.  And of course our nation has not resembled anything close to a capitalist society for quite some time now.  In a recent article, I listed 97 different taxes that Americans pay each year, and some Americans actually end up returning more than half of what they earn to the government by the time it is all said and done.  So at best it could be said that we are running some sort of hybrid system that isn’t as far down the road toward full-blown socialism as most European nations are.  But without a doubt we are moving in that direction, and our young people are going to be cheering every step of the way. (Read More....)

Economy In Decline: Apple Reports Massive Revenue Decline As iPhone Sales Plummet Dramatically

Corporate revenues in the United States have been falling for quite some time, but now some of the biggest companies in the entire nation are reporting extremely disappointing results.  On Tuesday, Apple shocked the financial world by reporting that revenue for the first quarter had fallen 7.4 billion dollars compared to the same quarter last year.  That is an astounding plunge, and it represents the very first year-over-year quarterly sales decline that Apple has experienced since 2003.  Analysts were anticipating some sort of drop, but nothing like this.  And of course last week we learned that Google and Microsoft also missed revenue and earnings projections for the first quarter of 2016.  The economic crisis that began during the second half of 2015 is really starting to take hold, and even our largest tech companies are now feeling the pain. (Read More....)

Earth Changes In 2016? How To Get Prepared For The Coming Earthquakes And Volcanic Eruptions

All over the world seismic activity is increasing.  In recent weeks we have seen a dramatic earthquake in Ecuador, more than 600 earthquakes have experts extremely alarmed about what is happening to Japan’s southern Island, and 37 volcanoes around the planet are erupting right now.  Most of the large earthquakes and volcanic eruptions that we have witnessed lately have come along the Ring of Fire, which is an area of seismic instability which roughly encircles the Pacific Ocean.  Fortunately the west coast of the United States has been spared so far, but scientists tell us that tension has been building up along the San Andreas fault and the Cascadia Subduction Zone for decades, and they assure us that it is only a matter of time before we see a major event.  What that day arrives, will you be prepared? (Read More....)

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Scientists Explain Why It Is Inevitable That America Will Be Hit By Absolutely Monstrous Earthquakes

Have you noticed that the crust of the Earth is starting to become a lot more unstable?  Over the past couple of months, major earthquakes have shaken areas all over the planet and major volcanoes have been erupting with a frequency that is more than just a little bit startling.  Here in the United States, the state of Oklahoma absolutely shattered their yearly record for quakes last year, we just saw a very disturbing earthquake right along the New Madrid fault just recently, and as you will see below one scientist is telling us that the San Andreas fault in southern California “looks like it’s locked, loaded and ready to go”. (Read More...)

Something Big Coming In 2016?: Five Prominent Watchmen Issue Exceedingly Ominous Warnings

Is a great shaking about to hit America?  Is 2016 going to turn out to be one of the major turning points in our history?  On The Economic Collapse Blog and End Of The American Dream, I am constantly warning my readers about what is coming, but today I want to shift the focus to what other watchmen are telling us.  And as you will see below, when I use the term “watchmen” I am also including women.  All five of the individuals that I am featuring in this article are people that I highly respect, and all five of them have issued extremely ominous warnings about our future.  So hopefully you are ready to receive what you are about to hear, because their messages are not to be taken lightly. (Read More...)

Foreshock? A Significant Earthquake Just Hit The New Madrid Fault Seismic Zone

Could the earthquake that just struck the New Madrid fault seismic zone near the town of La Center, Kentucky be a “foreshock” for a much bigger quake yet to come?  Very early on Sunday morning, a magnitude 3.5 earthquake hit western Kentucky, and it was felt in parts of three other states as well.  In fact, it is being reported that the quake could be felt all the way over in Miller, Missouri, which is 267 miles away.  The New Madrid fault seismic zone is six times larger than the more famous San Andreas fault zone in California, and it covers portions of Illinois, Indiana, Ohio, Missouri, Arkansas, Kentucky, Tennessee and Mississippi.  Scientists tell us that the New Madrid fault is about 30 years overdue for a major event, and because of the nature of the Earth’s crust in that part of the country, a major earthquake would do significant damage all the way to the east coast. (Read More...)

UN Rejects Israel’s Claim To The Golan Heights As Top Rabbis Await The Messiah’s Imminent Arrival

The UN Security Council has unanimously rejected Israel’s claim to sovereignty over the Golan Heights, and this is likely to cause tensions in the Middle East to rise even higher.  On Sunday, Israeli Prime Minister Benjamin Netanyahu boldly declared “that the Golan Heights will remain under Israel’s sovereignty permanently.”  After close to 50 years of control over the Golan Heights, this should not have been much of a shock.  But the Arab world immediately went into an uproar, and the UN Security Council has taken action.  In a unanimous decision, the UN Security Council has announced that Israel’s claims to the Golan Heights are “null and void and without international legal effect.” (Read More...)

Stories Of Despair From The Forgotten People That The U.S. Economy Has Left Behind

There is so much economic despair in our country today, but if you have a good job and if you live in a good neighborhood you might not ever encounter it.  There really are “two Americas” in 2016, and they are getting farther and farther apart with each passing year.  On the one hand, you have lots of people smiling in New York City these days because of the stock market boom, and property values have soared to ridiculous levels in San Francisco because of the tech bubble.  But in between the two coasts there are vast stretches of forgotten people that the U.S. economy has left behind.  In this article I am going to share some of their stories with you. (Read More...)

Unhappy America: Will The United States Collapse Due To An Internal Societal Meltdown?

Are we witnessing the beginning of the end for the United States of America?  All great nations eventually fall, and the United States is not going to be any exception.  Many of those that write about the decline of our once great country tend to focus on external threats, and there are certainly many that could be talked about.  But perhaps even more ominous is the internal societal meltdown that we see happening all around us.  According to Real Clear Politics, recent surveys show that 67 percent of Americans believe that the country is on the wrong track, and only 26 percent of Americans believe that it is headed in the right direction.  So even though we are tremendously divided as to what the solutions are, the vast majority of us can see that something is deeply, deeply wrong with America. (Read More...)

Apocalyptic Drone Footage Shows Giant Cracks In The Earth On Japan’s Southern Island

The drone footage that you are about to see is absolutely jaw-dropping.  When I first watched it, I could hardly believe the extent of the devastation that has taken place on Japan’s southern island.  Near the end of last week, a magnitude 6.5 earthquake was quickly followed by a magnitude 7.3 earthquake just 28 hours later.  Those earthquakes made headlines all over the globe, but at first glance those numbers don’t really look that big.  So why was there such tremendous damage?  Well, it turns out that those two major quakes worked in conjunction with more than 600 smaller quakes to cause historic devastation all across Kyushu.  As you are about to see, giant fissures have opened up in the ground right along a fault line that runs directly across Japan’s southern island, and this has a lot of people extremely alarmed. (Read More...)

The Shaking Continues: The Most Dangerous Volcano In Mexico Has Erupted In Spectacular Fashion

More than 25 million people live in the vicinity of Mt. Popocatepetl, including Mexico City’s 18 million residents.  At 2:32 local time on Tuesday morning, the most dangerous volcano in Mexico roared to life in spectacular fashion, and this has many experts extremely concerned about what is coming next.  Popocatepetl is an Aztec word that means “smoking mountain”, and historians tell us that once upon a time entire Aztec cities were buried in super-heated mud from this volcano.  In fact, the super-heated mud flows were so deep that they buried entire Aztec pyramids.  A full-blown eruption of Mt. Popocatepetl would be a catastrophe unlike anything that modern Mexico has ever experienced before, and considering what has been happening in Ecuador, Japan and at Yellowstone over the past week, I believe that there is great reason for concern. (Read More...)

Houston Flooding Is The 8th Historic Flood To Hit America Since The End Of September

Why has the United States been hit by historic flood after historic flood in recent months?  The flooding that is pummeling the city of Houston is the 8th historic flood in this country since the end of September.  City officials down in Houston have labeled the flooding that is currently slamming the city “a life-threatening emergency“, and they are insisting that “Houston residents should avoid travel at all costs today.”  At this point, dozens of subdivisions have been flooded and major sections of Interstate 10 and Interstate 45 are under water near downtown.  Authorities are telling us that water is getting to areas that it has never been before, and Fire Department spokesman Jay Evans announced that the water is already 10 to 15 feet deep in some areas.  But even though some parts of Houston have already gotten close to 20 inches of rain within the last 24 hours, there is more rain in the forecast, so this crisis is far from over. (Read More...)

Corporations Are Defaulting On Their Debts Like It’s 2008 All Over Again

The Dow closed above 18,000 on Monday for the first time since July.  Isn’t that great news?  I truly wish that it was.  If the Dow actually reflected economic reality, I could stop writing about “economic collapse” and start blogging about cats or football.  Unfortunately, the stock market and the economy are moving in two completely different directions right now.  Even as stock prices soar, big corporations are defaulting on their debts at a level that we have not seen since the last financial crisis.  In fact, this wave of debt defaults have become so dramatic that even USA Today is reporting on it… (Read More....)

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