You Are Here: Home » News » Economic Collapse (Page 3)

CALIFORNIA CRISIS: Extreme Drought Will Lead to Migration Exit & Real Estate COLLAPSE

(NaturalNews) A shocking 58 percent of the state of California is now in a state of "exceptional drought," according to the U.S. Drought Monitor. (1) "The drought's incredible three-year duration has nearly depleted both the state's topsoil moisture and subsoil moisture reserves, according to Brad Rippey of the U.S. Department of Agriculture, who wrote the Drought Monitor report," reports the Washington Pos ...

Read more

Bail-in postponed: Portuguese bank to have government bail out.

With the test case of depositor bail-ins already achieved in the nation of Cyprus back in 2013, the rest of Europe has held their breath for the same shoe to drop when the next major bank failure comes to the Eurozone.  However, in what appears to be a stay of execution for the public and their savings, Portugal's second largest bank, Banco Espirito Santo, will instead have a more conventional bailout and b ...

Read more

Here’s What Happened After an Ohio Sheriff Sent a Bill to the Mexican President for the Illegals in His Jail

Butler County Sheriff Richard Jones said Friday that he sent a letter to Mexican President Enrique Pena Nieto, charging him for all the illegals in his jail. What happened next? The Ohio sheriff told Dana Loesch: “The federal government sends me a letter and said I violated a treaty of like, 1790.” When Loesch asked for more information, Jones continued: “I sent him a bill for the prisoners that are in my j ...

Read more

FDIC closes bank in IL bringing total number of failed banks in 2014 to 14

GreenChoicel Bank, fsb,, located in Chicago, IL, was closed down by the FDIC on Friday, July 25.  This bank failure is the second for the month of July and brings the total amount of bank closures in 2014 to 14. 7/25/2014 *** IL *** Chicago *** GreenChoice Bank fsb. *** $14.2 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $14.2 million. If you were banking at GreenChoice ...

Read more

President Obama to call for economic sanctions on Russia…. again

It seems to be a common theme with President Obama and the rest of his administration to use media propaganda and increased rounds of economic sanctions as retribution, that in the end do little to address the root causes that are furthering the conflict between both sides in the Ukrainian civil war.  One day after the White House admitted publicly that Russia had nothing at all to do with the downing of Ma ...

Read more

FDIC closes bank in GA bringing total number of failed banks in 2014 to 13

Eastside Commercial Bank., located in Conyers, GA, was closed down by the FDIC on Friday, July 18.  This bank failure is the first for the month of July and brings the total amount of bank closures in 2014 to 13. 7/18/2014 *** GA *** Conyers *** Eastside Commercial Bank *** $33.9 million dollar estimated FDIC DIF cost. The total DIF for failed banks this week is $33.9 million. If you were banking at Eastsid ...

Read more

The Head Of ‘The Central Bank Of The World’ Warns That Another Great Financial Crisis May Be Coming

Most people have never heard of Jaime Caruana even though he is the head of an immensely powerful organization.  He has been serving as the General Manager of the Bank for International Settlements since 2009, and he will continue in that role until 2017.  The Bank for International Settlements is a rather boring name, and very few people realize that it is at the very core of our centrally-planned global f ...

Read more

On cusp of German bail-in vote, 50% of cities stand on verge of insolvency

On July 9, German legislators voted to approve bank bail-ins as the primary solution for re-capitalization the next time their financial system experiences a collapse or major crisis.  Thus following in the footsteps of the Cyprus Experiment, which saw depositors lose upwards of 60% of the money they thought was safely protected in their banks and financial institutions, German depositors, not the taxpayers ...

Read more

SHOCKING TRUTH: What Obama Isn’t Telling You About What ILLEGAL ALIEN “Kids” Are Doing In US Shelters

Apparently, this is Obama and the Democrat party's idea of an entry level job. No wonder Republicans in Congress are resisting their demands to fund these "children." The nation’s most violent street gangs—including Mara Salvatrucha—are actively recruiting new members at U.S. shelters housing illegal immigrant minors and they’re using Red Cross phones to communicate, a Homeland Security source tells Judicia ...

Read more

‘Murica: Homeless Man Gets 15 Years for $100; CEO Gets 3 Years for $3,000,000,000

As we in America attend to our attractions to tedium, whether it is the Casey Anthony verdict, Lil Wayne, reality TV or Niki Minaj, there are real issues that are occurring that show the seriouis economic problems this nation and its citizens are experiencing. As Obama struggles to get the debt ceiling passed, the reality of social injustice, especially for African Americans and the economically disenfranch ...

Read more

Las Vegas spins the water wheel and ends up bust, threatening 43 million people

The long term Western drought that has lasted close to 15 years is quickly moving in to claim its first victim in the Nation's Playground of Las Vegas, Nevada.  The city, which relies upon fresh water from Lake Mead to supply its own population and millions of temporary guests, stands on the brink as its only water source has fallen to levels not seen since its inception in 1937. Lake Mead, the man-made res ...

Read more

Lady Drives Mercedes To Pick Up Food Stamps, Chaos Ensues

In 2008, Darlena Cunha’s husband was earning $120,000 a year and the family was living in an affluent suburb. They owned a home worth $250,000 and had twins on the way. Life was good. But then the market crashed and the couple’s income dropped to $25,000 a year. They signed up for WIC to help support their babies. It’s what they didn’t do that has people outraged. You see, Cunha is still driving around in t ...

Read more

© 2012 Secrets of the Fed