Whether the American economy thrives into the future or takes a downturn, one thing seems clear. The fiat- and debt-based economy driving the United States and the world will eventually collapse, not because it cannot be fixed but because the powers-that-be seem bent on collapsing it. On the Economic Collapse Report podcast with JD Rucker, we do not aim to be fearmongers or Chicken Littles. We do want to bring the truth about the economy to light and make sure people are prepared for what's to come. We are not financial advisors and do not give financial advice.
California's Many Follies, Plus Muslim Jizya and 'Lanterns'
California's Many Follies, Plus Muslim Jizya and 'Lanterns'
3 Aug 2026
California Democrats Choose Class Warfare Over Their Own Leaders on Billionaire Confiscation Tax
California Democrats just told Gavin Newsom and Xavier Becerra to take a hike. In a narrow, messy vote that required last-minute switcheroos, the state party endorsed Proposition 40 — a one-time 5 percent tax on the net worth of roughly 200 billionaires living in the state as of January 1, 2026.
The measure, pushed hard by SEIU United Healthcare Workers West, claims it will rake in about $100 billion to paper over federal healthcare funding cuts. Ninety percent of that money would go to healthcare programs. The rest would land on food assistance and education. Supporters wave it around as emergency medicine for Medi-Cal. Critics see something simpler: a radical wealth grab that treats private property like a public piggy bank.
Read More: https://economiccollapse.report/california-democrats-choose-class-warfare-over-their-own-leaders-on-billionaire-confiscation-tax/
28 Jul 2026
The Treasury Yield That Could Break the Fiat System
The 10-year Treasury yield is perhaps the most important financial benchmark in the global fiat system, as it drives valuations and market trends worldwide. It is widely—and erroneously—regarded as the risk-free rate of return.
The 10-year Treasury yield can be thought of as a key barometer of the US dollar-based fiat system—a critical measure akin to its beating heart.
Bond yields move inversely to bond prices. When bond prices fall, bond yields rise.
Read More: https://economiccollapse.report/the-5-line-in-the-sand-the-treasury-yield-that-could-break-the-fiat-system/
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