Has The Financial Crisis Of 2018 Officially Arrived?

We haven’t seen this kind of a bloodbath on Wall Street since the great financial crisis of 2008.  Prior to this week, the largest single day decline for the Dow Jones industrial average that we had ever seen was 777…

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We Just Witnessed The Largest One Day Stock Market Crash Ever

The mainstream media seems so surprised that the stock market is crashing, but the truth is that it isn’t a surprise at all.  In fact, this crash is way, way overdue.  If the Dow Jones industrial average fell another 10,000…

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-666 Points: We Just Witnessed The 6th Largest Single Day Stock Market Decline In U.S. History

On Friday, the Dow Jones Industrial Average fell 666 points (665.75 points to be precise), and many are pointing out that this was the 6th largest single day crash that we have ever seen.  This decline happened on the 33rd…

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10 Amazing Facts About America’s Economic Recovery From Trump’s State Of The Union Address

If the U.S. economy continues to surge under President Trump, I may need to change the name of my website.  In December 2009 I started “The Economic Collapse”, and it was quite an appropriate title at the time.  In fact, the…

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The ‘New’ Biggest Scandal In D.C. Since Watergate

Republican members of Congress are pushing for the release of a memo that reportedly shows that government surveillance powers were illegally used against Donald Trump during the presidential campaign, and that the Obama administration, the FBI and Hillary Clinton illegally…

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Is Ripple The Next Bitcoin?

After Bitcoin, can you name the second largest cryptocurrency?  Until recently it was Ethereum, but now it is Ripple.  At the start of last year, Ripple was trading for less than a penny, and even just a few months ago…

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44 Numbers From 2017 That Are Almost Too Crazy To Believe

2017 went by way too quickly.  Donald Trump’s first year in the White House shook up the entire planet, and nobody is quite sure what is going to happen next. Personally, as 2017 began I was still having a hard time…

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The Washington Post Ominously Warns That Bitcoin Is Being Used By ‘Extremist Groups’

Demonization is the first step toward making something illegal.  Over the past couple of months, Bitcoin and other cryptocurrencies have experienced a tremendous surge in popularity.  Personally, I was completely floored the other day when my nephew wanted to ask me…

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Would This Have Happened Under President Hillary?

We are nearly a year into Donald Trump’s presidency, and the economic numbers continue to look quite good.  On Monday, we learned that U.S. retail sales during the holiday season are projected to be way up compared to 2016.  Yes,…

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Bitcoin Is Now Worth More Than Walmart

Would you rather own 100% of Wal-Mart or every Bitcoin in existence?  At one point such a question would have been completely absurd, but now things have changed.  As I write this article, Wal-Mart has a market cap of 287.68 billion…

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