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 […]
Global Economic Collapse: U.S. Debt Jumps $1 Trillion in 3 Months to over $23 Trillion – Is the Economy Healthy? What happens when the US debt level hits ’$25 (5×5) Trillion’? This jump in debt within such a short period of time is unprecedented in the last 25 (5×5) years […]
Global Economic Collapse: EU facing economic meltdown as IMF warns EMERGENCY PLANS needed urgently. EUROPE and the EU must prepare emergency plans to cope with an looming economic slump, warned the International Monetary Fund (IMF). The fund issued an urgent warning the Eurozone’s economy has weakened significantly and […]
Global Economic Collapse: ‘Prepare for an EU crisis’ Economic shockwaves strike Brussels – ‘worst is still to come’ LEADING officials in Brussels are on edge after recent economic forecasts pointed to an imminent collapse of the EU economy. By OLI SMITH PUBLISHED: 08:48, Sat, Nov 9, 2019 | UPDATED: 10:38, Sat, Nov […]
Global Economic Collapse: Digital Currency Coming Soon? Worldwide Push To Kill Cash PNW November 4, 2019 In a sign of the times, Hasbro has released a new cashless version of it’s classic board game Monopoly, designed for the digital age. In Hasbro’s latest edition of Monopoly, gone are […]
Global Economic Collapse: Two of the world’s biggest economies are at risk of recession By Julia Horowitz, CNN Business Updated 7:51 AM ET, Sun November 10, 2019 Investors have recently put fears about the pace of global growth aside, opting for optimism on a “phase one” US-China trade deal. But […]
