Category: Economic Collapse

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 […]

Global Economic Collapse: The national debt just barreled past $23 trillion. The $23 trillion figure is roughly equal to the three (3) economies of China, Japan, and Germany combined. Trump has added about $3 (3) trillion to the national debt so far during his nearly three (3) years in office, amounting to over a 15% (5+5+5) increase.

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Global Economic Collapse: The national debt just barreled past $23 trillion. The $23 trillion figure is roughly equal to the three (3) economies of China, Japan, and Germany combined. Trump has added about $3 (3) trillion to the national debt so far during his nearly three (3) years […]

Global Economic Collapse: EU crisis: Brussels demands France and Italy get public debt under control because of the risk to the Eurozone economy. Video. Add Spain and Belgium to the list. No one is reducing their debt loads. “This is worrying because very high debt levels limit the capacity to respond to economic shocks and market pressures.” 2020, there is that year again!!!

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Global Economic Collapse: EU crisis: Brussels demands France and Italy get public debt under control because of the risk to the Eurozone economy. Video. Add Spain and Belgium to the list. No one is reducing their debt loads. “This is worrying because very high debt levels limit the […]

Global Economic Collapse: US, China each say they are in no hurry for trade deal. The ‘patient’ is on the table and the ‘doctors’ can’t agree on how to operate.’ Arguing for over 12 (6+6) months. The comments from Trump and Xi came six (6) weeks after the announcement of a “phase one” bargain, which appears no closer to becoming a reality. The Chinese leader said the trade talks “may affect the future prospects of the world economy.” Trump and Xi are playing ‘chicken’ or ‘who blinks first’ with the world economy. This won’t end well.

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Global Economic Collapse: US, China each say they are in no hurry for trade deal. The ‘patient’ is on the table and the ‘doctors’ can’t agree on how to operate.’ Arguing for over 12 (6+6) months. The comments from Trump and Xi came six (6) weeks after the […]

Global Economic Collapse: Mexico entered recession this year. Also, Pemex owes more than $100 billion (5+5) in debt, making it one of the world’s most indebted companies. $10 (5+5) billion in rescue funds

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Global Economic Collapse: Mexico entered recession this year. Also, Pemex owes more than $100 billion (5+5) in debt, making it one of the world’s most indebted companies. $10 (5+5) billion in rescue funds Sofia MISELEM. AFP•November 25, 2019 Mexico City (AFP) – The Mexican economy, Latin America’s second-largest […]

Global Economic Collapse: Banks Close Branches in 50% (5) of U.S., Loss Worst in Rural Areas over the Five (5) year period 2012-2017. 800 (8) rural counties lost over 1,500 (5+5+5) bank branches, representing 15% (5+5+5) of their total branches according to the Federal Reserve. People have called the loss of branches “frustrating and disruptive” to their lives.

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Global Economic Collapse: Banks Close Branches in 50% (5) of U.S., Loss Worst in Rural Areas over the Five (5) year period 2012-2017. 800 (8) rural countries lost over 1,500 (5+5+5) bank branches, representing 15% (5+5+5) of their total branches according to the Federal Reserve. People have called […]