ARCHIVES - National and Global ARCHIVES




The exponentially-rising chart below shows what hyperinflation in a destroyed socialist economy looks like.

November  2016


Venezuelans Resort To Weighing Cash As Hyperinflation Builds

It’s also one of the clearest signs yet that hyperinflation could be taking hold in a country that refuses to publish consumer-price data on a regular basis. October 2016


 December 1, 2016

Inflation in Venezuela is expected to reach 720 per cent this year, with the largest bolívar bill now worth just five US cents on the black market.

Some shopkeepers have reportedly taken to weighing rather than counting the wads of cash customers hand them, and standard-size wallets have become all but useless in the socialist South American state. Instead, many people stuff huge volumes of cash into handbags, money belts, or backpacks, in scenes analysts have said are suggestive of “runaway” inflation.


 

What is happening to Globalization?



What next? March 15, 2017


Durable Goods Orders have gone nowhere for five years... 

A very different picture to the never-ending surge in the stock market.

It's the "new economy" stupid! You just don't get it!

The last two times that Durable Goods Orders slumped like this, the stock market collapsed... But, it must be different this time…     March 24, 2017


The Real Unemployment Number: 

102 Million Working Age Americans Do Not Have A Job  June 2017


12 Indications That The Next Major Global Economic Crisis Could Be Just Around The Corner

May 2018   Michael Snyder

As Statista's Niall McCarthy notes, like last year, corruption of government officials came top in 2017, with 74.5 percent of U.S. adults saying it makes them "afraid" or "very afraid”.


As of September 2015, another 261,000 Americans dropped out of the labor force, as a result pushing the total number of US potential workers who are not in the labor force, to a record 94 million, an increase of 1.8 million in the past year, and a whopping 14.9 million since the start of the second great depression in December 2007. They are no longer officially counted as “unemployed” - so the unemployment rate has ‘dropped’ - to 5.1%. The charts really speak for themselves.

The persons out of the workforce are now supported by those who are employed. Can this continue?




During The Coming Economic Crisis Two-Thirds Of The Country Will Be Out Of Cash Almost Immediately October 2016


Visualizing the Size of the US Debt Sept  2016


Global Central Banks Are All-In: 

QE Running At Record $180 Billion Per Month (And Rising)

July  2016



The $555 Trillion Derivatives Debt Implosion Is About to Begin June 2016



"This has a corrosive effect that will not go away.” Alan Greenspan, FORMER FED RESERVE CHAIRMAN



"Brexit Makes EU Disintegration Irreversible"

Could this be the realization of the image interpretation in Daniel 2: 41,42, 43 ?




15 Facts About The Imploding U.S. Economy That The Mainstream Media Doesn’t Want You To See  by Michael Snyder June  2016




US federal personal tax receipts receipts are falling fast. So is the Evercore ISI State Tax Survey.

The last two times the survey plunged this much, the US was already in recession.  Is it different this time?  

June  2016


Labor Participation Rate Drops To Fresh 38 Year Low; Record 92.9 Million Americans Not In Labor Force 

ZeroHedge 2015   


You can stop waiting for a global financial crisis to happen.  The truth is that one is happening right now.  All over the world, stock markets are already crashing. 


Freight Rail Traffic Plunges: Haunting Pictures of Transportation Recession

by Wolf Richter • May 4, 2016



The Trajectory of Venezuelan

Hyperinflation Looks Familiar…June 15, 2016


The Stock Markets Of The 10 Largest Global Economies Are All Crashing September 25, 2015 submitted by Michael Snyder click here to read


Warren Buffett: Derivatives Are Still Weapons Of Mass Destruction And ‘Are Likely To Cause Big Trouble’



The Pope Is Going to Tell You What Lies In Your

 Future and You Better Listen    August  2015

Webmaster note:

We do not endorse the linked article or its links in its entirety but it does present some startling possible scenarios in the very near future. We do not know Dave Hodges' theology or doctrinal beliefs but we do see the fulfillment of Revelation 13:3 at the door. 

"And I saw one of his heads as it were wounded to death, and his deadly wound was healed: and all the world wondered after the beast.


Greece - Bailed Out Again.    The chart below tells the story.




UPDATED DEC 2015

27 Major Global Stocks Markets That Have Already Crashed By Double Digit Percentages In 2015





Global Trade Just Snapped: Container Freight Rates Plummet 70% In 3 Weeks

November 21, 2015


China's Hard-Landing Has Arrived: Chinese Coal Company Fires 100,000

 Zero Hedge  9/27/2015

In a move that would make even Hewlett-Packard's Meg Whitman blush, Harbin-based Heilongjiang Longmay Mining Holding Group, or Longmay Group, the biggest met coal miner in northeast China which has been struggling to reduce massive losses in recent months as a result of the commodity collapse, just confirmed China's "hard-landing" has arrived when it announced on its website it would cut 100,000 jobs or 40% of its entire 240,000-strong labor force.






Alarm Bells Go Off As 11 Critical Indicators Scream The Global Economic Crisis Is Getting Deeper

 By Michael Snyder, on December 2nd, 2015


We Just Witnessed The Greatest One Day Global 

Stock Market Loss In World History June 26, 2016



Black Friday: Shocking Brexit Vote Result Causes The 

9th Largest Stock Market Crash In U.S. History June 24, 2016


Lowest Ever: The Baltic Dry Index Plunges To 394 As Global Trade Grinds To A Standstill  January 14, 2016

The BDI is a good indicator in the flow of goods across “23 shipping routes measured on a timecharter basis, the index covers HandysizeSupramaxPanamax, and Capesize dry bulk carriers carrying a range of commodities including coaliron ore and grain."

As a comparison, the record high for the BDI was set in May, 2008  -  at  11,793

UPDATE: Baltic Dry Index drops to 373  January 15, 2016

UPDATE: Baltic Dry Index drops to 369  January 19, 2016

UPDATE: Baltic Dry Index drops to 354  January 25, 2016

UPDATE: Baltic Dry Index drops to 345  January 27, 2016

UPDATE: Baltic Dry Index drops to 317  January 29, 2016

UPDATE: Baltic Dry Index drops to 310  February 2, 2016     - Read current story

UPDATE: Baltic Dry Index drops to 303 February 4, 2016

UPDATE: Baltic Dry Index drops to 293 February 9, 2016

UPDATE: Baltic Dry Index drops to 290 February 10, 2016

UPDATE: Baltic Dry Index rises to 335 March 2, 2016

UPDATE: Baltic Dry Index rises to 342 March 3, 2016 

UPDATE: Baltic Dry Index rises to 384 March 10, 2016

UPDATE: Baltic Dry Index rises to 393 March 14, 2016

UPDATE: Baltic Dry Index rises to 396 March 15, 2016

Yet China Freight Index Collapses To Fresh Record Low March 15, 2016

Go Figure…


July 12, 2015

"It's Not Possible To Reach A Deal Today" - EU Summit Canceled As Leaders Scramble To Keep The Dr€am Alive 

It was a weekend in which, according to traders, Greece facing an "absolutely final" was going to be saved. Instead, it may go down in history as the weekend in which the Eurozone finally split and its long-overdue disintegration began.

And for anyone confused by the constant barrage of conflicting headlines and feigned optimism, here's a breakdown of who's who at the table and where they stand on Grexit (incidentally, this also gives you an idea of just how divided Europe has truly become):



We know from the prophecies of Daniel 2 the European Union would not hold together. Miry clay and iron do NOT mix and this video nails that down as current events now reveal the unraveling of that effort.      July 9, 2015



July 5, 2015

Greek Referendum Results In Landslide "No” Victory. They have voted to NOT continue paying their debt to the European Union, banks and creditors. The European Union is starting to crumble domino style.

Iron and Miry clay will not mix. Daniel 2:43


Update 2: with virtually all polling completed, the final result is 61.3% No, 38.7% Yes - a whopping rejection of Troika hegemony which may also be the final nail in any negotiations between Greece and the Eurogroup.



The Economic Collapse Blog/Website Has Issued A 

RED ALERT For The Last Six Months Of 2015 June 25, 2015

UPdated September 1, 2015


Grexit? Maybe so. June 15, 2015


10 Charts Which Show We Are Much Worse Off Than Just Before The Last Economic Crisis  March 21, 2015  



Most Americans Are Slaves - And They Don’t Even Know It



Let’s say your country had a lot of gold. And let’s say your country prints yuan. Next, your country links yuan to gold. Now, who wants dollars?

Revelation 13:11 prophecies the last beast comes out of the earth, not the sea. All indications are this refers to the United States.  The US is the last world power before Jesus returns in power and majesty to take His children home. There is no other world power arising before Jesus second coming.  Events in many areas show this will be very soon!


This Is One Of The Biggest Problem Facing The World Today: 9 Countries Have Debt-To-GDP Over 300% 

Gross Domestic Product (GDP) is the best way to measure a country's economy. It includes everything produced by all the people and companies that are in the country. 



The Shadow Of Crisis Has Not Passed Feb 11, 2015



Very alarming financial and political events are happening now in Europe and are in a state of flux. News will be added here as events unfold. Feb 8, 2015

Updated Feb 10

Updated Feb 16

UPDATED FEB 20, 2015

Greece caved in to the EU…

"We remain committed to provide adequate support to Greece until it has regained full market access as long as it honours its commitments within the agreed framework."

The can is still in the road and has been kicked 4 months into the future. It will be interesting to see what Italy, France and Spain do now as they are also all in financially precarious positions.

The situation remains unstable.


UPDATE FEB 26,2015

"NEIN" - Germany's Bild Has A Message For Greece: "No More Billions For Greedy Greeks” One day ahead of a key vote in the German Bundestag whether to ratify the 4-month Greek bailout extension, the biggest-selling, mass-market newspaper (or tabloid as some call it) with a circulation of 2.5 million, Bild, has made it very clear just how it feels about the latest Greek can kicking event.


UPDATE FEB 26, 2015

Greece Suffers Biggest Bank Run In History: January Deposits Plunge To 2005 Levels


Update Feb 27, 2015

Germany's parliament has approved an extension of Greece's financial bailout for a further four months. The outcome of the vote was never in doubt, despite misgivings about recent comments by the Greek finance minister.

So what happens  in July ?


UPDATE March 8, 2015

Greece "Risks Bankruptcy" As Europe Rejects Varoufakis Payment Plan; Another Referendum Fiasco Ensues

Greece is back to square minus one, where first Europe will send the dreaded Troika inspectors "on the ground" in Athens to catch up to everything they have missed in the months they have been absent and then, and only then, does Greece have any chance of even being seriously considered for more aid.

The problem is that this will come far too late to satisfy not only the upcoming IMF payments (as a reminder these are due as follows: €350 million on March 13, €580 million on March 16 and another €350 million on March 20), but now that Greece no longer has access to the various pension and social security funding "swaps" it may even be unable to rollover its next T-Bill maturity. Recall Greece has a total of €2 billion in debt-servicing payments, including T-bill redemptions and IMF obligations coming due on Friday.

As for the semantics of the referendum, they all boil down to the same thing: Syriza would be asking the voters to resolve two contradictory ideals: either the Greeks concede to austerity, or they agree to exiting the Eurozone. Because for Greece there no longer is a compromise, middle ground. 

Sadly, there is no money either - and the bank run continue…


UPDATE MARCH 22, 2015

Germany Gives Greece One Final Ultimatum After Friday's "Optimistic" Talks Devolve Into Disagreement And Confusion

"Yes Alexis, time is running out. Fast." 


Iron and Miry clay will not mix. Daniel 2:43



The Head Of ‘The Central Banks Of The World’ (BIS) Warns That Another Great Financial Crisis May Be Coming

Michael Snyder July 2014


The Global Monetary Reset Is Under Way December 21, 2014


Something Big Happening Right Now Which Explains Why US Is Overtly Preparing For Civil Unrest Dec 2, 2014


It is Possible, The Money in Your Bank Account Was Stolen This Morning.   I hestiated to post this. It is so alarmist. And yet, if it has merit then I would have been negligent not to.     November 16, 2014


Here Is Your "GlobaRecovery" In 24 Charts



Most People Cannot Even Imagine That An Economic Collapse Is Coming November 2, 2014



What Will Happen When the Dollar Collapses?



Who Is The New Secret Buyer Of U.S. Debt?   



Wealth Re-Distribution at the Highest Prophetic Level - 2014



12 Numbers About The Global Financial Ponzi Scheme

The numbers that you are about to see are likely to shock you.  - June 2014