Category: Economic Collapse

Global Economic Collapse: Former US envoy says Chinese officials anticipate ‘partial decoupling’ of the nations’ economies. A ‘Calm’ before the storm. More to the story before Christmas.

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Global Economic Collapse: Former US envoy says Chinese officials anticipate ‘partial decoupling’ of the nations’ economies. A ‘Calm’ before the storm. Lee Jeong-ho. South China Morning Post•December 5, 2019 “We met with the Ministry of Foreign Affairs, the central party … and people at the National People’s Congress […]

Global Economic Collapse: ‘Schnitzel Alert!’ Not very many piggies went to the buffet. You must ‘Fork out to Pork out’: Germany’s ‘schnitzel alert’ echoes around Europe. Sharp rise in wholesale pork prices prompts warnings over cost of bratwurst, chorizo and other seasonal fare due to pork shortages from ‘swine fever.’ No piggie pie for you! As usual, there is much more to the story in the graphic above.

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Global Economic Collapse: ‘Schnitzel Alert!’  Not very many piggies went to market. You  must ‘Fork out to Pork out’: Germany’s ‘schnitzel alert’ echoes around Europe. Sharp rise in wholesale pork prices prompts warnings over cost of bratwurst, chorizo and other seasonal fare due to pork shortages from ‘swine […]

Global Economic Collapse: Global Bank Job Cull Tops 75,000 This Year as UniCredit Cuts 9% (3×3) of its workforce. Italian lender to eliminate 8,000 (8) roles in latest plan. Europe leads global tally as negative rates weigh on banks. A new ‘era’ in bank downsizing. Just-in-time for Christmas and 2020!

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Global Economic Collapse: Global Bank Job Cull Tops 75,000 This Year as UniCredit Cuts 9 (3×3) of its workforce. Italian lender to eliminate 8,000 (8) roles in latest plan. Europe leads global tally as negative rates weigh on banks. A new ‘era’ in bank downsizing. Just-in-time for Christmas […]

Global Economic Collapse: Another 1,000 (5+5) truck drivers lost their jobs in November, and it’s a chilling sign for the economy. The job cuts come at a time when the trucking industry should be ramping up ‘just-in-time’ for Christmas.

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Global Economic Collapse: Another 1,000 (5+5) truck drivers lost their jobs in November, and it’s a chilling sign for the economy. The job cuts come at a time when the trucking industry should be ramping up ‘just-in-time’ for Christmas. Rachel Premack Business Insider•December 6, 2019 The trucking industry […]

Global Economic Collapse: American jobs are getting worse. The last three (3) decades have seen the economy churn out more and more jobs that offer inadequate pay. 60% (6) of all jobs that were created since 1990 (past 30 years, 6×5) were low-wage, low-hour jobs. Median pay of just $18,000 (6+6+6) a year. A ‘Great Income Divide’ between the ‘Have’s and the Have Not’s.’ ‘A measure of wheat for a penny.’

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Global Economic Collapse: American jobs are getting worse. The last three (3) decades have seen the economy churn out more and more jobs that offer inadequate pay. 60% (6) of all jobs that were created since 1990 (past 30 years, 6×5) were low-wage, low-hour jobs. Median pay of […]

Global Economic Collapse: 70% (7) of Americans say they are struggling financially. Survey of more than 5,000 (5) Americans. 25% (5×5) of renters say that affording their payments is difficult or very difficult. 18% (6+6+6) are considered financially vulnerable. 50% are “coping.” Five (5) issues assessing people’s financial health by asking about stability, debt, savings, bills and wages.

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Global Economic Collapse: 70% (7) of Americans say they are struggling financially. Survey of more than 5,000 (5) Americans. 25% (5×5) of renters say that affording their payments is difficult or very difficult. 18% (6+6+6) are considered financially vulnerable. 50% are “coping.” Five (5) issues assessing people’s financial health […]

Global Economic Collapse: Chinese factory profits plunge 10% (5+5). This is the third (3) monthly decline in factory profits in a row, and much worse than the 5% (5) decline seen in September. Worst decline in a single month in at least eight years. China’s growth hit a near – 30 (6×5) year low in the July-September quarter.

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Global Economic Collapse: Chinese factory profits plunge 10% (5+5). This is the third (3) monthly decline in factory profits in a row, and much worse than the 5% (5) decline seen in September. Worst decline in a single month in at least eight years. China’s growth hit a […]

Economic Collapse and Distress: Study: College Costs Rise 112% (6+6) Above Inflation over Past Four Years and is rising ‘fast’… like the pains of a woman in labor. Cost of university tuition has increased 8 percent in the past five (5) years alone. Cost of textbooks has increased a whopping 36% (6×6). These increases amount to an additional $3,000 (6×5) each year. American colleges added 500,000 (5) administrative jobs in the past 25 (5×5) years. Many of these ‘administrative’ jobs pay six (6) figures.

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Economic Collapse and Distress: Study: College Costs Rise 112% (6+6) Above Inflation over Past Four Years and is rising ‘fast’… like the pains of a woman in labor. Cost of university tuition has increased 8 percent in the past five (5) years alone. Cost of textbooks has increased […]

Global Economic Collapse: Economic ‘Cause/Effect’ Relationships are Analogous to the 1930’s.

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Global Economic Collapse:  Economic ‘Cause/Effect’ Relationships are Analogous to the 1930’s. John Mauldin, September 6, 2019 “It will not shock you when I say we live in confusing times. Odd, seemingly inconsistent events and decisions don’t bring the expected results. Once-reliable rules don’t work. This makes it hard […]

Global Economic Collapse: We Are on the Brink of the Second Great Depression (not ‘recession’). 40 minute video. Well explained. Must Watch if you are ‘economics’ minded. ‘Confirmed/Agreed.’ ‘Like the pains of woman in labor.’

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Global Economic Collapse:  We Are on the Brink of the Second Great Depression (not ‘recession’) November 25, 2019 by IWB Recent conversation between Ray Dalio and Paul Tudor Jones. Their part is about the first 40 minutes. In this video, Ray highlights some problematic similarities between our times and the […]