Prophecy in today's headlines

Decline and fall of the American empire

America clocked up a record last week. The latest drop in house prices meant that the cost of real estate has fallen by 33% since the peak – even bigger than the 31% slide seen when John Steinbeck was writing The Grapes of Wrath. Unemployment has not returned to Great Depression levels but at 9.1% […]

Dow Repeats Great Depression Pattern – CNBC

The Dow Jones Industrial Average is repeating a pattern that appeared just before markets fell during the Great Depression, Daryl Guppy, CEO at Guppytraders.com, told CNBC Monday. Unemployed men queuing for coffee and bread at a soup kitchen run by the Bahai Fellowship at 203 East 9th Street, New York, circa 1930. “Those who don’t […]

Stock Market Dives Nearly 1000 Points, Fear of Greek Debt Crisis Spreading

In one of the most dizzying half-hours in stock market history, the Dow plunged nearly 1,000 points on worries about the spreading European debt crisis before paring those losses in an equally rapid rebound. The apparent trigger for the massive selloff, which began shortly after 2 pm ET, was the approval of austerity measures by […]

33 States Out of Money to Fund Unemployment Benefits

With unemployment still at a severe high, a majority of states have drained their jobless benefit funds, forcing them to borrow billions from the federal government to help out-of-work Americans. A total of 33 states and the Virgin Islands have depleted their funds and borrowed more than $38.7 billion to provide a safety net, according […]

Fox News Poll: 79% Say U.S. Economy Could Collapse

Most American voters believe it’s possible the nation’s economy could collapse, and majorities don’t think elected officials in Washington have ideas for fixing it.The latest Fox News poll finds that 79 percent of voters think it’s possible the economy could collapse, including large majorities of Democrats 72 percent, Republicans 84 percent and independents 80 percent. […]

Debt Dynamite Dominoes: The Coming Financial Catastrophe

In October 2008, the mainstream media and politicians of the Western world were warning of an impending depression if actions were not taken to quickly prevent this. The problem was that this crisis had been a long-time coming, and what’s worse, is that the actions governments took did not address any of the core, systemic […]

More Homeless Americans Living in Cars and Campers

Tim Barker never thought he’d have to live in his truck. Four months ago, the plumber was in a one-bedroom apartment in California’s San Fernando Valley, with a pool and a Jacuzzi. Then, on his birthday in October, he and 199 other plumbers were laid off by their union, Local 761 in Burbank. Now Barker’s […]

Prepare for The Coming Apocalyptic Economic Collapse

You’ll want to read the full article. Wake up investors. Are you prepared for the economic anarchy coming after a global-debt time bomb explodes? Are you thinking outside the box? Investing differently? Act now — tomorrow will be too late. Start by looking past the endless cable skirmishes between Rush, Glenn, Bill and Shawn versus […]