Category: Economic Collapse

Global Economic Collapse and Distress of Nations: IMF at G20 meeting in Saudi Arabia warns Covid-19 threatens global economic recovery. The head of the IMF, Xi Jinping and finance ministers sound the alarm as the number of cases outside China spikes

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Global Economic Collapse and Distress of Nations: IMF at G20 meeting in Saudi Arabia warns Covid-19 threatens global economic recovery. The head of the IMF, Xi Jinping and finance ministers sound the alarm as the number of cases outside China spikes ByTom Rees23 February 2020 • 6:22pm The Telegraph […]

Global Economic Collapse and Distress of Nations: Economic impact of coronavirus outbreak deepens. New data to show steep fall in Chinese factory output as outbreak in Italy ramps up eurozone fears

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Global Economic Collapse and Distress of Nations: Economic impact of coronavirus outbreak deepens. New data to show steep fall in Chinese factory output as outbreak in Italy ramps up eurozone fears The Guardian. February 23, 2020 The rising cost of the coronavirus outbreak for business and the world […]

Coming Global Economic Collapse and Distress of Nations: Ignoring climate risks will result in global depression ‘the likes of which we’ve never seen before’ – study

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Coming Global Economic Collapse and Distress of Nations: Ignoring climate risks will result in global depression ‘the likes of which we’ve never seen before’ – study 22 Feb, 2020 06:37 RT Extreme weather could cause a major economic recession around the globe, but we are still underestimating those […]

EU poised to create massive transatlantic facial-recognition database, link with US. National police forces of TEN (10) EU member states are calling for a legal framework to create a massive system of interlinked facial recognition databases “as quickly as possible.” MUST READ!

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EU poised to create massive transatlantic facial-recognition database, link with US. National police forces of TEN (10) EU member states are calling for a legal framework to create a massive system of interlinked facial recognition databases “as quickly as possible.” MUST READ! 22 Feb, 2020 RT The EU is laying […]

Global Economic Collapse and Distress of Nations: Coronavirus: IMF chief says the outbreak is the ‘most pressing uncertainty’ for global economy. Video

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Global Economic Collapse and Distress of Nations: Coronavirus: IMF chief says the outbreak is the ‘most pressing uncertainty’ for global economy. Video PUBLISHED WED, FEB 19 202011:41 AM ESTUPDATED WED, FEB 19 20201:11 PM EST. CNBC. International Monetary Fund head Kristalina Georgieva said the new coronavirus, or COVID-19, […]

Increasing Global Economic Collapse and Distress of Nations: Coronavirus pandemic could wipe $1.1 TRILLION off global economy — Oxford Economics. 75,500 confirmed cases and more than 2,100 deaths.

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Increasing Global Economic Collapse and Distress of Nations: Coronavirus pandemic could wipe $1.1 TRILLION off global economy — Oxford Economics. 75,500 confirmed cases and more than 2,100 deaths. 20 Feb, 2020 11:28 RT China’s GDP growth is expected to fall from six percent last year to 5.4 percent […]

Shocking New Study Says The Coronavirus “Could Impact More Than Five (5) Million Businesses Worldwide”

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Shocking New Study Says The Coronavirus “Could Impact More Than Five (5) Million Businesses Worldwide” February 17, 2020 by IWB. Michael Snyder. When was the last time that we witnessed a disaster that severely disrupted the supply chains of over 5 million companies around the globe simultaneously?  Looking back over […]

Global Economic Collapse and Distress of Nations: The white swan harbingers of global economic crisis are already here.

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Global Economic Collapse and Distress of Nations: The white swan harbingers of global economic crisis are already here. Nouriel Roubini. The Guardian. February 19, 2020 Seismic risks for the global system are growing, not least worsening US geopolitical rivalries, climate change and now the coronavirus outbreak. In my […]

Global Economic Collapse and Distress of Nations: HSBC to cut 35,000 jobs worldwide as profits plunge. Bank warns of ‘meaningful’ job losses in UK and of impact of coronavirus outbreak in Asia

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Global Economic Collapse and Distress of Nations: HSBC to cut 35,000 jobs worldwide as profits plunge. Bank warns of ‘meaningful’ job losses in UK and of impact of coronavirus outbreak in Asia The Guardian. February 18, 2020 HSBC has said it will slash 35,000 jobs over three years as […]