All posts tagged with Great Depression
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-(Natural News) Scrape away the complexity and every economic crisis and crash boils down to the precarious asymmetry between collateral and the debt secured by that collateral collapsing. (Article by Charles Hugh Smith republished from DailyReckoning.com) It’s really that simple. In eras of easy credit, both creditworthy and marginal borrowers are suddenly able to borrow more. This flood […]
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-(Natural News) Today’s Situation Update broadcast (below) focuses on the accelerating financial collapse that’s now unfolding. The CEO of Miles Franklin, Andy Schectman, joins me for an eye-opening interview in which he says we’re headed into an insane combination of hyperinflation colliding with the Great Depression. All the black swans, it seems, are strapping on […]
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-(Natural News) In an attempt to plug the holes of the sinking ship caused by a surge in withdrawals, the United States Federal Home Loan Banks System (FHLB) is lending billions of dollars to two of the world’s largest cryptocurrency banks: Signature Bank and Silvergate. The two entities have already borrowed more than $13 billion […]
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-(Natural News) If you’re a prepper worried about your finances, you might learn a lot from how Americans earned money during the Great Depression. During this time in American history, at least 25 percent of the total labor force was unemployed. But people found ways to earn money, even when the odds were against them. (h/t to TheSurvivalMom.com) […]
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-(Natural News) Jamie Dimon, CEO of financial services giant JPMorgan Chase, recently warned that the U.S. will experience an economic recession within six to nine months. He added that the country will have a credit crisis, with exchange-traded funds and stocks going down. The JPMorgan bigwig corroborated his warning during an interview with CNBC. He […]
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-(Natural News) For many years now I have been examining the policies and behaviors of the Federal Reserve because they are in fact the most powerful institution in the US, with far more influence over the fate of America than any single president or branch of government. They have the power to end the economic […]
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-(Natural News) If you’re a prepper, it’s best to learn different recipes so you can prepare a variety of dishes using the food in your stockpile after SHTF. Below are forgotten recipes from the Great Depression that you can try, especially if you’re frugal and want to make the most of your supplies when disaster […]
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-(Natural News) Americans struggled to find work and provide for their families during the Great Depression. But surprisingly, data suggests that the life expectancy of people increased during that time. Some say that this was because people spent less money on vices like alcohol. And if people got sick, they used home remedies like chicken […]
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-(Natural News) As the economic carnage from the coronavirus pandemic continues, a long-forbidden word is starting to creep onto people’s lips: “depression.” (Article republished from SurvivalDan101.com) In the 19th and early 20th centuries, there was no commonly accepted word for a slowdown in the economy. “Panic” was the term typically used for financial crises, while long […]
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-(Natural News) Ever since pretty much all of America shut down back in late February and early March due to fears about the Wuhan coronavirus (COVID-19), tens of millions of Americans have lost their jobs and food prices for everyone have continued to soar. Rivaling what transpired during the infamous Great Depression, everyday Americans are […]
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