collapse

2010 Prediction: Collapse of the U.S. Middle-Class

The once vibrant and robust American middle-class that was the pillar of American democracy we become no longer sustainable and begin to collapse in 2010 as the number of people seeking jobs far exceeds the number of jobs available with almost 50% of the home mortgages being underwater (meaning that middle-class homeowners will owe more […]

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Federal Reserve Forecast 2009-2011: The Coming Collapse of the Federal Reserve

It is obvious that the Federal Reserve (the Fed) is largely to blame for the current debt bubble by manipulating the price and supply of money and infusing large amounts of liquidity into the free market while keeping interest rates much too low, for much too long. According to economist Barry Eichengreen of the University

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