Category Archives: Decline

Americans will continue to grow poorer because corporations and politicians are too corrupt to fix the system, and after it breaks, life will get a lot harder

HSBC bank report predicts another financial crisis in 2018

[ Bill Hill of the Hill’s group predicted in June 2016 (at a peakoil.com forum): “We expect to have reached permanent depression by the end of 2017. The reduction will not hit all nations the same way. The richer Western … Continue reading

Posted in Crash Coming Soon, Decline, EROEI Energy Returned on Energy Invested, EROEI remaining oil too low, How Much Left, Peak Oil | Tagged , | Leave a comment

Why Deleveraging is so painful

Why a recovery is at least 7 years away: Economy Falling Years Behind Full Speed 6 Apr 2009. Louis Uchitelle. New York Times. As the recession grinds on, more and more of the nation’s means of production — its workers, … Continue reading

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

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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