Category Archives: Economic

Capitalism is a credit/debit system of borrowing money and pay it all back, plus interest. As energy declines, people will realize that loans can’t be paid back, that the principal is at risk. Stock markets worldwide will crash once Peak Oil (everything) is acknowledged, and social chaos won’t be long after that. On a separate but related track, the corruption and greed of the financial system is on course for crashing it all irregardless of energy.

Poverty is Increasing

Posted on April 6, 2013 by

We’ve hit an all-time record of poverty not seen since the great depression.  The stock market and housing rally is not a good measure of how the majority of us are doing. 4 Apr 2013. 21 Statistics About The Explosive … Continue reading →

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Financial Monsters — Bigger Crashes than 2008 are yet to come

Posted on March 31, 2013 by

by Alice Friedemann   October 12, 2007 This article was written in 2007.  I posted this today because I had a fight with my husband about my opinion that there is a yet bigger crash looming because of fraud,  corruption and … Continue reading →

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Statistics. Michael Snyder’s “75 economic numbers from 2012″

Posted on December 24, 2012 by

Michael Snyder. 21 Dec 2012. 75 economic numbers from 2012 that are almost too crazy to believe. http://theeconomiccollapseblog.com #1 In December 2008, 31.6 million Americans were on food stamps.  Today, a new all-time record of 47.7 million Americans are on … Continue reading →

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Stock Market will Crash when Investors realize Peak Oil is Real

Posted on November 20, 2012 by

David Fridley, an expert on oil economics, worked under Chu. In an interview given in 2009, Fridley claims, “[Chu] was my boss…He knows all about peak oil, but he can’t talk about it. If the government announced that peak oil … Continue reading →

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What Will Trigger the Financial Crash?

Posted on August 2, 2012 by

#1 An Energy Crisis My number one vote for when the financial system worldwide collapses is when the energy shortages begin, sometime between now and the next 5 years.  Even if the depression grows worse meanwhile, that would only slow … Continue reading →

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