The Economic Collapse
There Will Be A Lot More Rioting, Looting And Civil Unrest As The U.S. Economy Continues To Crumble
Fri, 29 May 2020 03:30:14 +0000

What we have been witnessing on the streets of Minneapolis is just the beginning.  Our nation is so deeply divided, and a large portion of the population is losing faith in the basic institutions that govern our society.  Personally, I don’t know how anyone can watch the video of what happened to George Floyd without ... Read more

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Nobody Ever Imagined That The Job Losses Would Get This Bad So Quickly
Thu, 28 May 2020 03:01:36 +0000

If you tried to warn people in late 2019 that about 40 million Americans would lose their jobs by the middle of 2020, nobody would have believed you.  Personally, I operate a website called “The Economic Collapse Blog”, and I wouldn’t have believed you either.  Even though I have been loudly warning that this sort ... Read more

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We Are Being Told To Prepare “To See High Prices At Grocery Stores” And “It’s Likely That Shortages May Only Get Worse”
Wed, 27 May 2020 02:14:32 +0000

If you have been to a grocery store lately, then you already know that prices are higher than usual and that there are shortages of certain items.  Many Americans have been assuming that as COVID-19 restrictions are slowly rolled back that these shortages will eventually disappear, but now even the Washington Post is admitting that “shortages ... Read more

The post We Are Being Told To Prepare “To See High Prices At Grocery Stores” And “It’s Likely That Shortages May Only Get Worse” appeared first on The Economic Collapse.

This Should Be A Major Wake Up Call For Every Single Person Living On The Planet
Tue, 26 May 2020 02:33:47 +0000

Sometimes we need something to shake us in order to wake us from the fantasy that we have been living in.  Hopefully, this COVID-19 pandemic will serve as a wake up call for people all over the globe, because it has given us a very clear preview of what we can expect during the years ... Read more

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The Worst Unemployment Spike In U.S. History – 1 Out Of Every 4 Workers Has Filed For Unemployment Benefits In 2020
Fri, 22 May 2020 05:27:29 +0000

Even though most U.S. states have begun the process of “reopening” their economies, the unprecedented tsunami of job losses that we have been experiencing just continues to roll on.  On Thursday, we learned that another 2.4 million Americans filed initial claims for unemployment benefits during the previous week, and that brings the grand total for ... Read more

The post The Worst Unemployment Spike In U.S. History – 1 Out Of Every 4 Workers Has Filed For Unemployment Benefits In 2020 appeared first on The Economic Collapse.

The Collapse Will Be Visible: “For Lease” And “Space Available” Signs Are Starting To Go Up All Over America
Thu, 21 May 2020 03:45:45 +0000

Initially, we were told that the coronavirus lockdowns would just “temporarily” disrupt the U.S. economy, but now it is becoming clear that a lot of the damage will be permanent.  We are starting to see businesses go belly up all over the country, and this includes some of the most iconic names in the retail ... Read more

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“Free Money”: Most Americans Want The Government To Issue More Stimulus Checks
Wed, 20 May 2020 03:55:04 +0000

“When the people find that they can vote themselves money that will herald the end of the republic.”  That is a direct quote from Benjamin Franklin, and it has turned out to be quite prophetic.  Today, most of our politicians are socialists whether they accept that label or not, and the American people have come ... Read more

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68% Of Unemployed Workers In The U.S. “Are Eligible For Payments That Are Greater Than Their Lost Earnings”
Tue, 19 May 2020 02:30:58 +0000

Can anyone explain how we are going to motivate unemployed workers to go back to work when most of them can actually make more money camped on their sofas watching Netflix?  Over the past couple of months, 36.5 million Americans have filed new claims for unemployment benefits, and Congress understandably wanted to do something to ... Read more

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10 Numbers That Show The U.S. Has Fallen Into A Horrifying Economic Depression
Mon, 18 May 2020 03:45:26 +0000

The last recession was really, really bad, but it was never like this.  It is time for us to face reality, and that means admitting that the U.S. economy has plunged into a depression.  This is already the worst economic downturn that America has experienced since the Great Depression of the 1930s, and we are ... Read more

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The U.S. Is Caught In An Economic Death Spiral, And One Group Is Being Hit Particularly Hard…
Fri, 15 May 2020 03:22:47 +0000

Many have been warning for years that our economic bubble would eventually burst and that a collapse was inevitably coming, but the ferocity of this new economic crisis has caught just about everyone off guard.  And even though some states have been attempting to “reopen” their economies in recent days, the job loss tsunami just ... Read more

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