Search Results for: economy worse 2008 -confirms

Over The Last 10 Years The U.S. Economy Has Grown At EXACTLY The Same Rate As It Did During The 1930s

By Michael Snyder, the Economic Collapse Blog. Even though I write about our ongoing long-term economic collapse every day, I didn’t realize that things were this bad.  In this article, I am going to show you that the average rate … Continue reading


Our Society Is Sick, Our Economy Exploitive and our Politics Corrupt

In noting that our society is sick, our economy exploitive and our politics corrupt, I’m not saying anything you didn’t already know. Everyone who isn’t being paid to deny the obvious in public (while fuming helplessly about the phony cheerleading … Continue reading


Why Janet Ain’t Yellin’ “Higher Interest” Anymore: Jobs Worse than Expected and Far Worse than Reported

In the fall of 2015, I said the Federal Reserve would raise interest rates once in December and then would not be able to fly any higher after that. The stock market would crash shortly after the Fed’s pulled up … Continue reading


Worst Economy In 5,000 Years?

Lowest Interest Rate In 5,000 Years According to Bank of England economist Andy Haldane, Bank of America Merrill Lynch economist Michael Hartnett and others, we’ve got the lowest interest rates in 5,000 years:   The inventor of quantitative easing – … Continue reading


Zombie Economy Soon to Have its Zombie Epocalypse

This past Thursday marked the one-year anniversary of the US stock market’s death when stocks saw their last high. Market bulls have spent a year looking like the walking dead. They’ve tried to push back up to that distant high that means new … Continue reading

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Business Debt Delinquencies Are Now Higher Than When Lehman Brothers Collapsed In 2008

You are about to see more very clear evidence that a new economic crisis has already begun.  During economic recoveries, business debt delinquencies generally fall, and during times of economic recession business debt delinquencies generally rise.  In fact, you will … Continue reading


U.S. Economy 2016: 3 Classic Recession Signals Are Flashing Red

By Michael Snyder, the Economic Collapse Blog. Those that were hoping for an “economic renaissance” in the United States got some more bad news this week.  It turns out that the U.S. economy is in significantly worse shape than the … Continue reading


U.S. Economy 2016: 3 Classic Recession Signals Are Flashing Red

By Michael Snyder, on April 14th, 2016 Those that were hoping for an “economic renaissance” in the United States got some more bad news this week.  It turns out that the U.S. economy is in significantly worse shape than the … Continue reading

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19 Facts That Prove Things In America Are Worse Than They Were Six Months Ago

By Michael Snyder, the Economic Collapse Blog. Has the U.S. economy gotten better over the past six months or has it gotten worse?  In this article, you will find solid proof that the U.S. economy has continued to get worse … Continue reading


Plunging Manufacturing Numbers Mean That It Is Time To Hit The Panic Button For The Global Economy

By Michael Snyder, The Economic Collapse blog. We haven’t seen numbers like these since the last global recession.  I recently wrote about how global trade is imploding all over the planet, and the same thing is true when it comes … Continue reading


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

By Michael Snyder, the Economic Collapse Blog. 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 … Continue reading


A Crisis Worse than ISIS? Bail-Ins Begin

By Ellen Brown. While the mainstream media focus on ISIS extremists, a threat that has gone virtually unreported is that your life savings could be wiped out in a massive derivatives collapse. Bank bail-ins have begun in Europe, and the … Continue reading

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The REAL Reason China’s Economy Is Crashing

China 2015 = U.S. 2008 We noted in 2009, in a piece titled “China 2009 = America 2001 = Rome 11 BC“: One of the top experts on China’s economy – [economics professor] Michael Pettis – has a very long … Continue reading


An Important Economic Indicator – Money Velocity – Crashes Far Worse than During the Great Depression

Underneath the Propaganda, the Economy Is In BAD Shape … We noted 3 years ago that the velocity of money – an important economic indicator – is lower than during the Great Depression. Things have gotten even worse since since … Continue reading


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

By Michael Snyder, Economic Collapse Blog. If you believe that ignorance is bliss, you might not want to read this article.  I am going to dispel the notion that there has been any sort of “economic recovery”, and I am … Continue reading


Monetary Policy Can’t Fix an Economy’s Structural Problems

When we look back from 2025, it will be painfully obvious that central bank policies exacerbated the systemic crises that brought down the global financialization machine. What with all the praise being heaped on central banks for “saving” the world … Continue reading


Global Debt Is MORE THAN TWICE AS BIG As the Entire World Economy … What Does It Mean?

Global Debt Is Almost 3 Times As Big As the World Economy The Guardian reports that global debt has grown by $57 trillion dollars – to $199 trillion dollars – since the 2008 financial crisis. How much is that?  It’s … Continue reading


Economists: A Large Financial Sector HURTS the Economy

Contrary To Widespread Assumption, A Large Financial Sector Is Bad for the Economy One of our favorite economists – Steve Keen – showed in 2010 that a large financial sector hurts the economy. Specifically, Keen showed that bank profits above … Continue reading


Meet Loretta Lynch – Obama’s Attorney General Nominee Who Might be Even Worse than Eric Holder

Submitted by Mike Krieger via Liberty Blitzkrieg blog, On matters of policy, Ms. Lynch called capital punishment “an effective penalty” and said she disagreed with Mr. Obama’s statements that marijuana was no more harmful than alcohol. She called the National … Continue reading



“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later … Continue reading