Progressive Radio Network

Economic collapse

Do you remember the subprime mortgage meltdown from the last financial crisis?  Well, this time around we are facing a subprime auto loan meltdown.  In…
The following text is the forward to Ernst Wolff‘s book entitled : Pillaging the World. The History and Politics of the IMF, Tectum Verlag Marburg,…
Mike and Guy interviewed Gail "the Actuary" Tverberg for her well-informed perspective on economic collapse. We included on an extensive climate-change update and comments about…
Global master forecaster Gerald Celente rips into the gutless, mindless leaders who - over and over - take us to war. The signs are everywhere…
The global economy is slowing down. A couple of the big emerging-market economies that drove much of the growth during the past 15 years have hit a…
We witnessed something truly historic happen on Friday.  The Dow Jones Industrial Average plummeted 530 points, and that followed a 358 point crashon Thursday.  When you add…
When financial markets crash, they do not do so in a vacuum.  There are always patterns, signs and indicators that tell us that something is…
If the U.S. economy really is improving, then why are big U.S. retailers permanently shutting down thousands of stores?  The “retail apocalypse” that I have…
We now have official confirmation that the rioting in Baltimore on Monday was purposely allowed to spiral out of control.  Up until now, there had…
The drought in California is getting a lot worse.  As you read this, snowpack levels in the Sierra Nevada mountains are the lowest that have ever…
The higher financial markets rise, the harder they fall.  By any objective measurement, the stock market is currently well into bubble territory. Anyone should be…
The move to a cashless society won’t happen overnight.  Instead, it is being implemented very slowly and systematically in a series of incremental steps.  All…