The Next Employment Crisis Is Here: Job Cuts At U.S. Companies Jump 35 Percent In April
By Michael Snyder Should we be alarmed that the number of job cuts announced by large U.S. companies was 35 percent higher in April than…
Economic Collapse
Rail Traffic Depression: 292 Union Pacific Engines Are Sitting In The Arizona Desert Doing Nothing
By Michael Snyder We continue to get more evidence that the U.S. economy has entered a major downturn. Just last week, I wrote about how…
How A Collapse In South America Could Trigger Martial Law In The U.S.
By Brandon Smith If an economic system collapses in the woods and no one is paying attention, are there any consequences outside the woods? Well, yes,…
The U.S. Economy Officially Joins The Global Economic Slowdown – 1st Quarter GDP Comes In At 0.5%
By Michael Snyder Even the government is admitting that the U.S. economy is slowing down. On Thursday, we learned that U.S. GDP grew at just…
Economy In Decline: Apple Reports Massive Revenue Decline As iPhone Sales Plummet Dramatically
By Michael Snyder Corporate revenues in the United States have been falling for quite some time, but now some of the biggest companies in the…
In 1 Out Of Every 5 American Families, Nobody Has A Job
By Michael Snyder If nobody is working in one out of every five U.S. families, then how in the world can the unemployment rate be…
The Thing About Economic Bubbles
By Jeff Fitchett There are tell-tale signs of bubbles. All throughout history bubbles have been formed, popped, a depression ensued and then another bubble formed….
Is This The End Of The U.S Dollar?
By Luke Rudkowski In this video Luke Rudkowski reports on the breaking news of both China and Saudi Arabia making geopolitical moves that could cause…
47 Percent Of Americans Cannot Even Come Up With $400 To Cover An Emergency Room Visit
By Michael Snyder If you had to make a sudden visit to the emergency room, would you have enough money to pay for it without…
Oil Market Hype And Crisis Signal Greater Troubles Ahead
By Brandon Smith Most people are not avid followers of economic news, and I don’t blame them. Financial analysis is for the most part boring…
Corporations Are Defaulting On Their Debts Like It’s 2008 All Over Again
By Michael Snyder The Dow closed above 18,000 on Monday for the first time since July. Isn’t that great news? I truly wish that it…
Fed Issues an Ominous Warning to JPMorgan Chase and Leaders Flock to Secret Meetings
By Daisy Luther Tick. Tock. Do you hear that? It’s the clock on the time bomb, and it appears to be ticking relentlessly toward our…
Dozens Of Large Earthquakes Strike As Speculation Mounts That Japan’s Southern Island May Split
By Michael Snyder Over the past 48 hours, our planet has been hit by literally dozens of earthquakes of magnitude 4.0 or greater, and scientists…
U.S. Economy 2016: 3 Classic Recession Signals Are Flashing Red
By Michael Snyder Those who were hoping for an “economic renaissance” in the United States got some more bad news this week. It turns out…