Global debt rises as financial crisis looms; China under threat

Global debt rises as financial crisis looms; China under threat

Dec 17, 2021 | Debt

A giant tsunami of debt has hit the world amid the pandemic with borrowings gone out of control. The world is staring at a giant pile of debt worth $226 trillion in total. It is the biggest surge the world has seen since World War-II. All kinds of people worldwide owe...
Seven Possible Causes of the Next Financial Crisis

Seven Possible Causes of the Next Financial Crisis

Sep 14, 2021 | Economic Collapse

  The great financial historian, Charles Kindleberger, pointed out in the 1970s that over several centuries, history showed there was a financial crisis about once every ten years. His observation still holds. In every decade since his classic Manias, Panics and...
Is this the end of cities in America?

Is this the end of cities in America?

Dec 15, 2020 | Economic Collapse

The pandemic brought nightlife and culture to a near halt, and for many there is little desire to stay in a city that lost 1,000 restaurants and counting. Combine these factors with a plethora of new taxes and regulatory schemes that soak middle- and high-income...