Economy

Michael SnyderMarch 8, 2019
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US Job Cut Announcements Rise 117 Percent To Highest Level In More Than 3 Years

We haven’t experienced anything quite like this since 2008, and most Americans are completely unprepared for a new economic downturn.
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Michael SnyderMarch 8, 2019
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Deadbeat Nation: 37 Million Credit Card Accounts In The US Are “Seriously Delinquent” Right Now

This unsustainable bubble of debt-fueled prosperity that we have been enjoying in recent years has lasted for far longer than…
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Mac SlavoMarch 5, 2019
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Financial Crisis: The Trade War Cost Americans $1.4 Billion PER MONTH Last Year

After accounting for the impact of higher tax (theft) revenue and the higher prices set by domestic producers, the study…
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Michael SnyderMarch 2, 2019
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18 Really Big Numbers Show US Economy Quickly Starting To Fall Apart

The “Everything Bubble” is bursting, the “Perfect Storm” is coming, and all of our lives will never be the same…
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Mac SlavoMarch 1, 2019
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The Looming US Government & Private “Debt Trap” Threat

Unfortunately, not one politician in Washington is focused on the national debt, unless it’s on how to raise it even…
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Mac SlavoFebruary 21, 2019
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A Recession Indicator Having A Perfect Record For 70 Years Is About To Be Triggered

“It’s never been wrong. It’s something to watch,” said Joseph Lavorgna, chief economist for the Americas at Natixis.
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Michael SnyderFebruary 15, 2019
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“Biggest Drop In More Than Nine Years”: America’s Retail Apocalypse Is Greatly Accelerating In The Early Stages Of 2019

The retail apocalypse is accelerating, America’s debt crisis is starting to reach a critical level, and very challenging days are…
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Mac SlavoFebruary 14, 2019
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Report: ‘No Light At The End Of The Tunnel’ As A Wave Of Retail Stores Close

The economy is very unstable right now, and all the signs of a coming recession on there. Will it happen…
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Mac SlavoFebruary 13, 2019
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National Debt Passes $22 Trillion: A Crisis In The Making

Perhaps if the mainstream media would dare to actually publish how much money is stolen from Americans to pay for…
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Michael SnyderFebruary 9, 2019
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US National Debt To Pass $22 Trillion

The national debt is an existential threat to the future of this nation, and we are systematically destroying the very…
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Mac SlavoFebruary 1, 2019
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63 Of America’s Largest 75 Cities Are Completely Broke

It’s only a matter of time until this system built on debt and theft comes crashing to the ground.
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Mac SlavoJanuary 30, 2019
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CBO Report: Debt Is On An Unsustainable Course

The federal deficit is expected to reach $897 billion in the fiscal year 2019, alarming many economists.
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Michael SnyderJanuary 25, 2019
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Trump Administration Warns: Economy May Not Grow During First Quarter

If nobody blinks for a couple more months, the economic consequences of this government shutdown are likely to be quite…
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Mac SlavoJanuary 23, 2019
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Brutal Reality: Government Shutdown Is Proving Americans Are NOT Prepared For A Recession

There is one way to prepare for a recession and it’s to end dependence on debt and save some money…
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Michael SnyderJanuary 22, 2019
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IMF Issues A Worldwide Warning: “The Risk Of A Sharper Decline In Global Growth Has Certainly Increased”

Despite an abundance of evidence to the contrary, most people believe that the system is stable and that our political…
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Michael SnyderJanuary 16, 2019
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New Numbers Indicate Global Economic Slowdown Far More Advanced Than Assumed

2019 is off to quite a rough start, and things are likely to get a whole lot rougher.
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