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For most people, the price of gasoline is the most obvious consequence of the war in the Middle East. As I write this article, the average price of a gallon of gasoline in the United States is $4.56. Of course in some parts of the country consumers are paying much more than that. This is ... Read more

The post Everybody Is Talking About The Cost Of Gasoline – Soon Everybody Will Be Talking About The Cost Of Food appeared first on The Economic Collapse.

Hundreds of people have been dropping dead from a horrifying hemorrhagic disease in central Africa. We are being told that this isn’t the Zaire strain, which is the most common form of Ebola. Instead, authorities are telling us that this outbreak is being caused by the very rare Bundibugyo virus. Unlike the Zaire strain, there is ... Read more

The post Are They Covering Up The True Magnitude Of The New Ebola Outbreak? appeared first on The Economic Collapse.

U.S. households are being financially squeezed at a level that we have never seen before. I have often said that we are in a long-term cost of living crisis that never seems to end, and that is not an exaggeration at all. Just about everything has been getting more expensive in recent years, and as ... Read more

The post The Average Monthly Mortgage Payment Is Up 44 Percent To $2,005, But American Families Are Paying Even More For Health Insurance appeared first on The Economic Collapse.

This is a moment in history that we will remember for a long time to come. Even though we were told over and over again that a deal with Iran was almost “finalized”, the truth is that there never was going to be a deal with Iran. It was all smoke and mirrors. The U.S. ... Read more

The post The Total Collapse Of Negotiations With Iran Threatens To Cause Global Economic Devastation appeared first on The Economic Collapse.

Our planet is drying out at a pace that is unlike anything we have ever seen before. Once massive lakes are rapidly shrinking, once mighty rivers are steadily dwindling, and colossal underground aquifers are being pumped dry all over the world. This is an absolutely enormous problem, because very soon we simply will not have ... Read more

The post Permadrought: 75 Percent Of The Global Population Lives In A Country That Is Being Affected By “The Great Drying” appeared first on The Economic Collapse.

No matter what happens now, the world is facing a very painful energy crisis. Let’s be as wildly optimistic as we possibly can and assume that Iran agrees to allow free passage through the Strait of Hormuz with absolutely no tolls or restrictions starting tomorrow. Before normal traffic through the Strait could resume, Iran would ... Read more

The post Shortages And Rationing Loom As Global Oil Reserves Fall At The Fastest Rate In History appeared first on The Economic Collapse.

Our economy is being transformed at a faster pace than we have ever experienced before. Thanks to giant leaps in the field of artificial intelligence, human labor is not as valuable as it once was. All over the world, millions of human workers are being replaced and that trend is only going to accelerate. For ... Read more

The post 99 Percent Of CEOs Are Planning AI Job Cuts, And The Gap Between The Rich And The Poor Just Continues To Explode appeared first on The Economic Collapse.

The global elite have been warning about overpopulation for a long time. Many of them are convinced that humanity is the greatest environmental threat that our planet faces, and so they believe that dramatically reducing the number of people walking around should be a top priority. A number of very twisted measures have been implemented ... Read more

The post What Do They Have Planned? Scientists Are Projecting That The Population Of The World Could Fall By 50 Percent By 2064 appeared first on The Economic Collapse.

For much of the nation, it feels like we are in a permanent economic crisis with no end in sight. I have been documenting our long-term economic decline for years, and now we have reached a point where Americans have literally never felt this bad about the state of the U.S. economy. Considering everything that ... Read more

The post Americans Have Never Felt This Bad About The U.S. Economy In The Entire History Of Our Country appeared first on The Economic Collapse.