(By Michael Snyder) Are we on the verge of another great financial crisis, a devastating recession and a horrific implosion of the global debt bubble?  On my website, I have been relentlessly warning my readers about the inevitable consequences of our very foolish actions, but now the mainstream media is beginning to sound just like The Economic Collapse Blog.

The coming crisis is so close now that a lot of them are starting to see it, and of course, economic disaster is already a reality for much of the rest of the planet.  For years, the mainstream media told us that things would get better, and in a lot of ways, we did see some improvement.  But now the tone of the mainstream media has become quite ominous, and that is definitely not a positive sign.  The following are 8 examples of mainstream media sources warning us of imminent economic disaster…  READ MORE