Swiss National Bank loses nearly $143 billion in first nine months. Picture: Peter Klaunzer The Swiss National Bank (SNBN.S) lost 142.2 billion Swiss francs ($142.60 billion) in the first nine…
According to the renowned economist, “everything will split in two” FILE PHOTO. Dr. Nouriel Roubini speaks at Sheraton New York © John Lamparski / Getty Images for Concordia Summit A new world…
by Michael If you didn’t like economic conditions in 2022, then you are definitely not going to be pleased by what is coming in 2023. This year we have had to…
US fertilizer exports increase to Europe but short for own farmers U.S. exports of nitrogen fertilizers jumped to a multi-year high this summer after surging natural gas prices in Europe…
By Egon von Greyerz A Lehman squared moment is approaching with Swiss banks and UK pension funds under severe pressure. But let’s first look at another circus – The global travelling…
Investors need to get ready because the Fed will be pivoting back to QE and it will shock global markets. October 28 (King World News) – Alasdair Macleod: “Obviously if the banks…
This is the invisible crash that is unparalleled in history. October 29 (King World News) – Gerald Celente: “What I am warning the people is they better wake up and do something…
The U.S. economy has been struggling with inflation running rampant and investors are eagerly waiting for the U.S. Federal Reserve to announce the next federal funds rate hike next month.…
FILE- In this Sept. 16, 2008, file photo traders work in the product options pit at the New York Mercantile Exchange in New York. Home prices had sunk, and foreclosure…
International Energy Agency’s Executive Director Fatih Birol Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of “the…
Reuters [1/4] Participants watch the opening ceremony of the Future Investment Initiative (FII) conference on a digital screen in the lobby of the Exhibition and Conference Center at the Ritz Carlton…
by Michael Things haven’t looked this bad for the U.S. economy since 2008. We are in the midst of the worst inflation crisis in decades, the housing market has started to collapse,…
Global financial markets should brace for a period of decline that will be more severe than the crashes of the 1970s and 2008, according to renowned economist and New York…
© Photo : Pixabay Igor Kuznetsov All materials While Central banks across Europe have attempted to rein in galloping inflation by tightening monetary policy and raising interest rates, this move…
© AFP 2022 / HANNES DRAXLER Subscribe Brussels keeps approving sanction packages against Moscow since the beginning of the special military op in Ukraine. The restrictions target Russian energy sources,…
Red-hot inflation will lead to a global financial crash, famed economist Nouriel Roubini warns © Getty Images / MARK GARLICK/SCIENCE PHOTO LIBRARY Global financial markets should brace for a period of decline…
by Michael Inflation is systematically destroying our standard of living, and the middle class is shrinking a little bit more with each passing day. The Social Security Administration just released wage…
Rising prices and lower consumer spending will lead the American economy into recession, Fitch says © Spencer Platt/Getty Images Spiraling inflation and aggressive rate hikes by the Federal Reserve will drive…
Abdullah Ehsan runs a modest grocery store close to Brussels city center. He only uses three refrigerators and turns them off for part of the day. Customers are complaining to…
By Greg Hunter By Greg Hunter’s USAWatchdog.com Precious metals expert and financial writer Bill Holter said in June it was “game over, they’re pulling the plug.” The Fed went on an aggressive interest rate…
Americans should brace for a painful downturn, the billionaire has said © Getty Images / Chris Jackson / Staff Amazon founder Jeff Bezos has warned that the US economy may be headed…
Banks brace for tax hit to help plug UK’s budget gap General view of signage at a branch of Lloyds bank, in London9Iain Withers and Lawrence WhiteWed, October 19, 2022…
by Michael It is starting to get cold outside. Are you ready for a winter that will be unlike any other? As I have been documenting on The Economic Collapse Blog for months,…
by Michael The U.S. housing market is absolutely imploding, but nobody should be surprised. In fact, we were warned way ahead of time that this would happen. When the Federal Reserve…
by Michael Are the months ahead going to be very painful for our economy? This is something that I have been arguing for a long time, and apparently the vast majority…
A sharp drop in consumption and soaring energy costs are to blame, a trade group says © Getty Images / Sergio Gonzalez / EyeEm Germany’s retail industry is in jeopardy amid rising…
WASHINGTON, DC – MARCH 13: A sign shows gas prices over five dollars a gallon for all three grades at a EXXON service station on March 13, 2012 in Washington,…
by Michael Earlier this year the Federal Reserve declared war on inflation, and since that time we have seen a series of interest rate hikes that has been absolutely breathtaking. We…
An economic downturn is near certain within the next 12 months, a model built by economists shows © Getty Images / DNY95 The US economy is 100% certain to enter a…