U.S Manufacturing SLUMPS To 9-Year Low In May
By Mac Slavo All economic data is pointing to a slower 2019. One of those bits of data is from the manufacturing industry. United States…
Economic Collapse
Even Before The Recession Has Officially Begun, Some Large U.S. Firms Are Laying Off Thousands Of Workers
By Michael Snyder If the U.S. economy is “booming” and very bright days are ahead, then why are many large U.S. corporations laying off thousands…
Here Are 15 Numbers That Show How The Global Economy Is Performing, And All Of Them Are Bad
By Michael Snyder Global economic activity has already been slowing down dramatically, and the U.S. trade war with China is just going to make things…
Total Catastrophe For U.S. Corn Production: Only 30% Of U.S. Corn Fields Have Been Planted – 5 Year Average Is 66%
By Michael Snyder 2019 is turning out to be a nightmare that never ends for the agriculture industry. Thanks to endless rain and unprecedented flooding,…
China Says That There Will NEVER Be A Trade Deal Until The U.S. Agrees To Their Demands
By Michael Snyder Unless someone backs down in a major way, this trade war is going to last for a very long time, and the…
I Dare You To Tell Me The Economy Is “Booming” After Reading This List Of 19 Facts About Our Current Economic Performance
By Michael Snyder After taking an honest look at the facts, I don’t know how anyone can possibly claim that the U.S. economy is “booming”. …
The Crash In US Economic Fundamentals Is Accelerating
By Brandon Smith When looking at the health of an economic system it is impossible to gauge growth or stability by only taking two or…
Wealthy Elitists Freak Out As Hordes Of Homeless People Take Over Their Neighborhoods All Over The West Coast
By Michael Snyder The elite are very “tolerant” of the homeless until they start showing up in their own neighborhoods. Even though the mainstream media…
Nearly 102 Million Americans Do Not Have A Job Right Now — Worse Than At Any Point During The Last Recession
By Michael Snyder Wouldn’t it be horrible if the number of Americans without a job was higher today than it was during the Great Recession…
$220,000 For Every Man, Woman And Child – America Is Now 72 Trillion Dollars In Debt
By Michael Snyder Are you ready to cough up $220,000 to pay your share? One of the reasons why a day of reckoning for the…
Do You Remember The Oil Crisis And “Stagflation” Of The 1970s? In Many Ways, 2019 Is Starting To Look A Lot Like 1973…
By Michael Snyder The price of gasoline is rapidly rising, economic activity is slowing down, the Middle East appears to be on the brink of…
List of 24 Points Pressing Hard Toward Recession
By David Haggith 1 – The US stock market is slightly overbought (which is not a positive in terms of head room for more of…
It’s Only April, And U.S. Retailers Have Already Closed More Stores Than They Did ALL Of Last Year
By Michael Snyder If the U.S. economy is in good shape, why have retailers already shuttered more stores than they did in all of 2018? …
We Have Seen This Happen Before The Last 3 Recessions – And Now It Is The Worst It Has Ever Been
By Michael Snyder Since the last financial crisis, we have witnessed the greatest corporate debt binge in U.S. history. Corporate debt has more than doubled…