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U.S. Debt Could Be 2,000% Of GDP: A $400 Trillion Nightmare

U.S. Debt Could Be 2,000% Of GDP: A $400 Trillion Nightmare

by Mac Slavo | Sep 13, 2019 | Experts, Forecasting, Headline News

A new report has said that the real United States national debt could be well over what politicians tell us it is.  At a whopping $400 trillion, the U.S. debt would be 2,000% of GDP (gross domestic product) according to new calculations that include the federal...
A Recession Is Already Happening In Parts Of The U.S.

A Recession Is Already Happening In Parts Of The U.S.

by Mac Slavo | Sep 10, 2019 | Headline News

Many sectors and geographical areas within the United States are already experiencing a recession.  Faced with the choice of raising prices or cutting employees hours to pay for the tariffs, many are officially backed into a corner. While the mainstream media and the...
Farmers Union VP: “We Lost Pretty Much All Our Markets Since Trump Took Over”

Farmers Union VP: “We Lost Pretty Much All Our Markets Since Trump Took Over”

by Mac Slavo | Sep 4, 2019 | Headline News

Farmers, who were the backbone of President Donald Trump’s election in 2016 are increasing becoming angry with the ongoing trade war that’s killing their industry. The vice president of the farmer’s union said: “We lost pretty much all of our...
Peter Schiff: This is The “Weakest Manufacturing Economy Since The Great Recession!”

Peter Schiff: This is The “Weakest Manufacturing Economy Since The Great Recession!”

by Mac Slavo | Sep 4, 2019 | Experts, Forecasting, Headline News, Peter Schiff

Economic analyst Peter Schiff is not mincing words when it comes to the state of the United States economy.  In fact, he isn’t wrong in the least when he says that this is the weakest manufacturing economy since the Great Recession of a decade ago. The Institute...
If The Debt Machine Was Turned Off, The U.S. Would Immediately Plunge Into A Horrifying Depression

If The Debt Machine Was Turned Off, The U.S. Would Immediately Plunge Into A Horrifying Depression

by Contributing Author | Sep 2, 2019 | Headline News

This article was originally published by Michael Snyder at The Economic Collapse Blog. A new study has discovered that we are far more dependent on America’s great debt creation machine than most of us would have ever dared to imagine.  Today, debt is involved in most...
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