Category: Economic Collapse

Increasing Global Economic Collapse and Distress of Nations: Ten (5+5) reasons why a ‘Greater Depression’ for the 2020s is inevitable

Increasing Global Economic Collapse and Distress of Nations: Ten (5+5) reasons why a ‘Greater Depression’ for the 2020s is inevitable Nouriel Roubini The Guardian. April 29, 2020 Ominous and risky trends were around long before Covid-19, making an L-shaped depression very likely After the 2007-09 financial crisis, the […]

Increasing Global Economic Collapse and Distress of Nations: The U.S. economy turned in its worst performance in more than a decade. Down almost five (5) percent.

The nation’s gross domestic product – the value of all goods and services produced in the U.S. – fell nearly 4.8% in the first quarter of 2020 as consumer spending tumbled. It marked the first drop in output since early 2014 and the steepest since late 2008 during the depths of the Great […]

Increasing Global Economic Collapse, ‘Distress of Nations’: US New jobless claims totaled 4.4M last week, topping over 25 (5×5) million over past five (5) weeks. Unemployment rate is estimated at over 15% (5+5+5). In California and Florida, claims topped over 500,000 (5) last week.

New jobless claims totaled 4.4M last week, topping over 25 (5×5) million over past five (5) weeks. Unemployment rate is estimated at over 15% (5+5+5). In California and Florida, claims topped over 500,000 (5) last week. Jay Heflin April 23, 2020 Washington Examiner The number of workers claiming […]

Rise of the Beast and One World Government: Saudi Arabia can play a central role in the world’s coronavirus recovery. “It must now exercise its G20 leadership to coordinate a global response.”

Revelation 13:2-4 And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority. And I saw one of […]