Category: Economic Collapse

Global Economic Collapse: The World’s Wealthiest Families Are Stockpiling Cash as Recession Fears Grow. Six (6) $trillion in investments. Average 5.5% return. 75% see recession by 2020.

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Global Economic Collapse: The World’s Wealthiest Families Are Stockpiling Cash as Recession Fears Grow. Six (6) $trillion in investments. Average 5.5% return. Recession by 2020. Suzanne Woolley and Ben Stupples Bloomberg September 24, 2019 (Bloomberg) — Rick Stone, a former partner at Cadwalader, Wickersham & Taft, sees treacherous […]

Global Economic Collapse: UN may run out of money by end of the month: Guterres. UN’s operating budget is close to $5.5 billion.

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Global Economic Collapse: UN may run out of money by end of the month: Guterres. UN’s operating budget is close to $5.5 billion AFP•October 7, 2019 United Nations (United States) (AFP) – The United Nations is running a deficit of $230 million, Secretary General Antonio Guterres said on […]

Global Economic Collapse: No-deal Brexit would ‘push national debt to levels last seen in 60s’. 55 years. Deficit on track to rise to more than £50bn next year in 2020.

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Global Economic Collapse: No-deal Brexit would ‘push national debt to levels last seen in 60s’. 55 years. Deficit on track to rise to more than £50bn next year in 2020. IFS says public borrowing will more than double next year whatever the Brexit result The Guardian. October 7, […]

Global Economic Collapse: UK retailers demand Brexit deal after worst September on record, since 1995. The worst in 15 (3×5) years.

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Global Economic Collapse: UK retailers demand Brexit deal after worst September on record Consumers holding off from non-essential purchases due to uncertain outlook, says BRC The Guardian. October 7, 2019 Retailers have urged the government to secure a Brexit deal with the European Union after their latest health check […]

Global Economic Collapse, ‘No one can buy or sell’: World’s Best-Run Pension Funds Say It’s Time to Start Worrying in ‘diverse places’. A great divide between old and young workers.

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Global Economic Collapse, ‘No one can buy or sell’: World’s Best-Run Pension Funds Say It’s Time to Start Worrying in ‘diverse places’. A great divide between old and young workers. Bloomberg•October 6, 2019 (Bloomberg) — Back in 2012, the world’s best-managed pension market was thrown a lifeline by […]

Global Economic Collapse, ‘No one can buy or sell’: Talks between UAW and GM take ‘turn for the worse’: union official. ‘A company divided will not stand.’

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Global Economic Collapse, ‘No one can buy or sell’: Talks between UAW and GM take ‘turn for the worse’: union official. ‘A company divided will not stand.’ By Ben Klayman. Reuters•October 6, 2019 DETROIT (Reuters) – Talks for a new four-year labor contract between General Motors Co and […]

Global Economic Collapse, ‘No one can buy or sell’: Former Reserve Bank governor says interest rate cuts have ‘done everything they can do.’ The ‘most perplexing and difficult’ era for monetary policy ever.’ Same could be said in ‘diverse places.’ Pestilence of afflicted financial policy.

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Global Economic Collapse, ‘No one can buy or sell’: Former Reserve Bank governor says interest rate cuts have ‘done everything they can do.’ The ‘most perplexing and difficult’ era for monetary policy ever.’ Same could be said in ‘diverse places.’ Pestilence of afflicted financial policy. The Guardian. Saturday, […]

Global Economic Collapse, ‘No one can buy or sell’: No One Is Safe From the U.S.-China Trade War. ‘A world economy divided, will not stand.’

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Global Economic Collapse, ‘No one can buy or sell’: No One Is Safe From the U.S.-China Trade War. ‘A world economy divided, will not stand.’ Scott B. MacDonald. The National Interest•October 6, 2019 In August 2019, the changing nature of the global business landscape was brought home when […]

Global Economic Collapse: China Won’t Save the World Economy This Time. China is now recording quarterly economic growth of about 5%, not the 15% notched in 2007 or the roughly 10% in 2001

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Global Economic Collapse: China Won’t Save the World Economy This Time. China is now recording quarterly economic growth of about 5%, not the 15% notched in 2007 or the roughly 10% in 2001 Daniel Moss. Bloomberg•October 3, 2019 (Bloomberg Opinion) — U.S. recession indicators are growing stronger and there’s […]