Category Archives: Economic 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

Food shortages as the energy crisis grows and supply chains break?

Posted on March 21, 2022 by

Preface. This is a long preface followed by two articles about how supply chains and complex tractors may be affected by energy shortages and consequent supply chain failures in the future.Which we’re already seeing as massive numbers of ships sit … Continue reading →

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HSBC bank report predicts another financial crisis in 2018

Posted on January 18, 2017 by

[ 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 →

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Corruption and economic instability in the news

Posted on November 12, 2016 by

[ I can’t keep up with the flood of news about corruption, fraud and economic instability, which is just a symptom of the real problem: the end of growth. In a credit/debit system, lenders won’t lend if they think the … Continue reading →

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Why Deleveraging is so painful

Posted on March 29, 2014 by

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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Dailyreckoning

Posted on March 19, 2014 by

Preface. Bonner & Wiggins at the dailyreckoning called the 2008 housing crash in 2002 and the 2000 dot.com crash in 1999. They’ve got a lot right, a lot wrong, and are always entertaining to read. A few random excerpts are … Continue reading →

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Nicole Foss: Notes from videos, radio shows, newsletters

Posted on February 7, 2014 by

FSN Top Interviews 2010: Nicole Foss & Richard Russell at Financial Sense. Rural areas will be the first to lose access to electricity,with  less priority than cities in a deflation, plus there’s no money to build up the grid, which … 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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