Welcome to the detailed analysis for theeconomiccollapseblog.com. This domain is officially recognized as The Economic Collapse. According to their official web presence, their primary focus is: "Are You Prepared For The Coming Economic Collapse And The Next Great Depression?".
"Are You Prepared For The Coming Economic Collapse And The Next Great Depression?"
"Just when it seemed like we had hit a period of relative calm, global events are starting to accelerate again. Within the past 24 hours, there have been a couple of absolutely enormous developments. First of all, Tropical Storm Isaias has become Hurricane Isaias and we are being told that it will make landfall along the Gulf Coast. That is potentially a major problem because the Gulf Coast accounts for over 50 percent of the crude oil refining capacity in the United States. If any of that capacity is taken offline for an extended period of time, that will drive fuel prices substantially higher. Meanwhile, Iran has been attacking tankers at a very alarming pace this week, and President Trump is reportedly considering a new wave of airstrikes on Iran… (Read More...)"
"We all knew that this would be coming eventually. For years, governments around the world have been engaging in the greatest debt binge in human history. Now they are absolutely drowning in debt and investors are no longer willing to lend them gigantic mountains of money at ultra-low interest rates. Bond yields are skyrocketing, and that means that bond prices are crashing. That is really bad news for U.S. banks, because they are holding approximately $4.81 trillion in combined Treasury and agency securities. Banks in Japan and Europe are also holding gobs and gobs of bonds. The nightmarish state of bank balance sheets is going to become a major story in the coming days, and many financial institutions will fail. Meanwhile, consumers will be facing much higher rates for mortgages and other forms of borrowing. This will likely slow down economic activity substantially during the months ahead. (Read More...)"
"All over social media, people want to know if there will be food shortages in 2027. Coming into this year, the UN was warning that global hunger had reached an unprecedented level. Now we are facing a global fertilizer crisis, a global energy crisis, widespread droughts, a Super El Niño and World War III all at the same time. Of course global hunger is going to get even worse in the months ahead. Nobody can deny that. Wealthy nations such as the United States will theoretically be in the best shape, but even here in the U.S. approximately 1 out of every 7 people already live in food insecure households. Rapidly rising food prices will definitely be very painful for us, but for millions of people that live in deeply impoverished countries much higher food prices could suddenly make it impossible for them to buy enough food to properly feed their families. (Read More...)"
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