As US Expands Subprime Mortgage Program, Is a New Crisis Looming?
By Lubomir Tassev The Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development, has recently adopted new guidelines widening the…
Economic Collapse
In The U.S., A Transportation Recession Has Already Officially Arrived
By Michael Snyder A transportation recession often precedes a recession for the entire economy; and while the debate about when the U.S. economy as a…
5 Sectors of The U.S. Economy That Are In Decline
By Steven Maxwell As regular readers of this site are probably well aware, it often feels like we are living in parallel worlds when it…
We Just Witnessed The 4th Largest Single Day Point Decline In U.S. Stock Market History
By Michael Snyder You had better buckle up, because it looks like we are in for a bumpy ride. On Wednesday, the Dow Jones Industrial…
A One Day Stock Market Plunge Of 48%! A Major Financial Crisis In Argentina Is Happening Right Now
By Michael Snyder We are watching a complete and utter financial meltdown unfold in Argentina, and many are concerned that the panic could start spreading…
The Average U.S. Farm Is $1,300,000 In Debt, And Now The Worst Farming Crisis In Modern History Is Upon Us
By Michael Snyder We haven’t seen anything like this since the Great Depression of the 1930s. Leading up to this year, farm incomes had been…
This Is The Same Pattern The Fed Followed Before The Great Depression
By Brandon Smith There is immense confusion surrounding July’s Federal Reserve meeting and the rather insane aftermath that has been spurred on in the trade…
U.S. Businesses Warn: The Trade War Is About To Have “Noticeable Effects” On The Economy
By Mac Slavo As if the American consumer and U.S.-based businesses haven’t taken the tariffs on the chin already, many business groups are warning that…
Currency War Begins: Chinese Yuan Crashes to New Record Low as Global Markets Tumble
By Tyler Durden Update 2: – China’s central bank has confirmed that it is, indeed, on, saying that it is able to keep the yuan…
More Signs the Next Big Financial Crisis May Begin in Germany
By Lubomir Tassev Germany, the locomotive of Europe’s huge economy, is entering a difficult period, various indicators suggest. And when the Federal Republic sneezes, the…
“The Stock Market Started To Fall In July…”
By Michael Snyder Will we look back on the month of July as a critical turning point for the stock market? During the first half…
Leading Indicator Of Home Remodeling Activity Warns Big Drop Coming
By Tyler Durden Growth in residential remodeling spending is expected to fall through 2H20, according to the Leading Indicator of Remodeling Activity (LIRA) published by the Remodeling Futures…
If The Federal Reserve Cuts Interest Rates Now, It Will Be An Admission That A Recession Is Coming
By Michael Snyder So there is a lot of buzz that the Federal Reserve is about to cut interest rates – and it might actually…
Another Recession Indicator is Flashing Red
By Mac Slavo Although most wouldn’t know it by taking a quick glance at the stock market, the economy is showing the undercurrents of an…