Global Economic Collapse: Next crash will hit Europe much harder than financial crisis, warns Moody’s Tom Rees 18 NOVEMBER 2019 • 6:18PM. Telegraph.co.uk Europe will be struck by an even larger wave of debt defaults in the next downturn compared to the financial crisis after a surge in […]
Global Economic Collapse: U.S. Farm Finances Worsen Despite Trump Trade War Aid. Federal Reserve Bank of Chicago, which covers five (5) Midwestern states said they expected crop net cash earnings to drop in the fall and winter from levels a year earlier. U.S. farm bankruptcies in the 12 […]
Global Economic Collapse: Global Debt Surges Above $250 (5×5) Trillion as U.S., China Lead Way accounting for 60% (6) of new borrowing. Borrowing by governments, households and non-financial business now accounts for also 250% (5×5) of the world’s gross domestic product, and it’s growing faster than the global […]
Global Economic Collapse: For Millions Of Americans In The Middle Of The Country, It Feels Like An Economic Depression Right Now (not a ‘recession’). November 10, 2019 by Michael Snyder What do you do when you have lost all hope that things will ever turn around? It may still feel […]
Global Economic Collapse: Powell: Trump trade war endangers 1.5 (5+5+5) mn jobs: CA ports study. $180 (6+6+6) billion in annual merchandise trade at risk. AFP•November 12, 2019 Washington (AFP) – The US-China trade war threatens almost 1.5 million jobs across the United States that depend on the movement […]
Global Economic Collapse: Powell: Americans now have a record $14 trillion in debt. What happens when it reaches $15 (5+5+5) trillion? $1.5 (5+5+5) trillion in student loan debt. By Matt Egan, CNN Business. Updated 2:14 PM ET, Wed November 13, 2019 New York (CNN Business) US households are now sitting […]
Global Economic Collapse: Powell: U.S. debt is ‘on unsustainable path,’ crimping ability to respond to recession Paul Davidson USA TODAY November 14, 2019 Fed to Congress: It may soon be your turn to save the economy, so get your finances in better shape. Federal Reserve Chairman Jerome Powell […]
Global Economic Collapse: Powell’s Warning to Congress About the Next ‘Recession’. Karl W. Smith. Bloomberg•November 13, 2019 Federal Reserve Chair Jerome Powell had a message for Congress in his testimony Wednesday before the Joint Economic Committee: The Fed won’t be able to fight the next recession all by […]
Global Economic Collapse: Clock ticking as lawmakers move to avoid government shutdown in 10 (5+5) days. US is already over $23 Trillion in debt. 12 (6+6) appropriations bills. By Phil Mattingly, CNN Updated 8:50 AM ET, Tue November 12, 2019 Washington (CNN) Lawmakers (and reporters) are largely in a […]
Global Economic Collapse: Global Debt Is Up To $188,000,000,000,000 – This Is Officially The Biggest Debt Bubble The World Has Ever Seen November 7, 2019. IWB The world is now 188 trillion dollars in debt, and that number continues to grow rapidly each year. It is a form […]
