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Guess What Happened The Last Time The Price Of Oil Plunged Below 38 Dollars A...

On Monday, the price of U.S. oil dropped below 38 dollars a barrel for the first time in six years.  The last time the price of oil was this low, the global financial system was melting down and the...

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The Rate Hike Stock Market Crash Has Thrown Gasoline Onto An Already Raging...

If the stock market crash of last Thursday and Friday had all happened on one day, it would have been the 7th largest single day decline in U.S. history.  On Friday, the Dow Jones Industrial Average...

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January 1, 2016: The New Bank Bail-In System Goes Into Effect In Europe

If you have a bank account anywhere in Europe, you need to read this article.  On January 1st, 2016, a new bail-in system will go into effect for all European banks.  This new system is based on the...

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Lowest Ever: The Baltic Dry Index Plunges To 394 As Global Trade Grinds To A...

For the first time ever, the Baltic Dry Index has fallen under 400.  As I write this article, it is sitting at 394.  To be honest, I never even imagined that it could go this low.  Back in early...

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22 Signs That The Global Economic Turmoil We Have Seen So Far In 2016 Is Just...

As bad as the month of January was for the global economy, the truth is that the rest of 2016 promises to be much worse.  Layoffs are increasing at a pace that we haven’t seen since the last recession,...

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Global Stocks Continue To Crash As Oil Plummets And Gold Skyrockets

Stock markets around the world continue to collapse as this new global financial crisis picks up more steam.  In the U.S., the Dow lost 254 more points on Thursday, and it has now fallen for five days...

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21 New Numbers That Show That The Global Economy Is Absolutely Imploding

After a series of stunning declines through the month of January and the first half of February, global financial markets seem to have found a patch of relative stability at least for the moment.  But...

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Economic Collapse Is Erupting All Over The Planet As Global Leaders Begin To...

Mainstream news outlets are already starting to use the phrase “economic collapse” to describe what is going on in some areas of our world right now.  For many Americans this may seem a bit strange,...

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Global Financial Markets Plunged Into Chaos As Italy Overwhelmingly Votes ‘No’

Italian voters have embraced the global trend of rejecting the established world order, but the “no” vote on Sunday has plunged global financial markets into a state of utter chaos.  The euro has...

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The Shortages Are Global, And We Are Being Warned That They Will Intensify

The global economy was supposed to be getting back to “normal” by now, but instead more problems are erupting with each passing day.  As I write this article, supply chains all over the planet are in a...

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