Category: Economic Collapse

Global Economic Collapse: India’s central bank cuts rates to near decade lows to revive growth. The 6 person Monetary Policy Committee cut the repo rate by 25 basis points to just over 5%, for a fifth (5) straight meeting this year. The reverse repo rate was reduced to just under 5%.

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Global Economic Collapse: India’s central bank cuts rates to near decade lows to revive growth. The 6 person Monetary Policy Committee cut the repo rate by 25 basis points to just over 5%, for a fifth (5) straight meeting this year. The reverse repo rate was reduced to […]

Global Economic Collapse: House Passes Seven-Week Stopgap Spending Bill in Hopes of Avoiding October Shutdown. Limping into November. “There is no reason on God’s green earth we cannot complete our business on the appropriations process by Nov. 21. Not a single reason, expect procrastination and an unwillingness to compromise.”

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Global Economic Collapse: House Passes Seven-Week Stopgap Spending Bill in Hopes of Avoiding October Shutdown. Limping into November. “There is no reason on God’s green earth we cannot complete our business on the appropriations process by Nov. 21. Not a single reason, expect procrastination and an unwillingness to […]

Government Repression, Anarchy, Economic Collapse: UN calls for calm in Haiti as new protest looms. Perilous times.”Thousands of people already facing the consequences of severe food insecurity could be further impacted, with food assistance unable to reach them.”

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Government Repression, Anarchy, Economic Collapse: UN calls for calm in Haiti as new protest looms AFP•October 3, 2019 United Nations (United States) (AFP) – The United Nations called Thursday for calm in crisis-wracked Haiti, eight days before the end of its police mission in the country. For more […]

Government Repression, Anarchy, Economic Collapse: Iraqi Forces Fire Live Rounds at Protesters in Baghdad. Civil Unrest and Violence. Perilous Times.

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Government Repression, Anarchy, Economic Collapse: Iraqi Forces Fire Live Rounds at Protesters in Baghdad. Civil Unrest and Violence. Perilous Times. Following three days of unrest across the country that left 44 dead, Iraqi leader tells nation there is no ‘magic solution’ to economic woes Reuters and The Associated […]

Increasing Government Control, Repression, Civil Violence, Anarchy, ‘Perilous Times’: So it begins. Hong Kong Leader Invokes Martial Law, Colonial-era Emergency Powers to Quell Protests. Dramatic move allow authorities to ‘make any regulations whatsoever.’ 50 years. 5 months. 5 demands. 6 bullets. Financial District. What do we know about the numbers Five (5) and Six (6)?

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Increasing Government Control, Repression, Civil Violence, Anarchy, ‘Perilous Times’:  So it begins. Hong Kong Leader Invokes Martial Law, Colonial-era Emergency Powers to Quell Protests. Dramatic move allow authorities to ‘make any regulations whatsoever.’ 50 years. 5 months. 5 demands. 6 bullets. Financial District. What do we know about […]

Global Economic Collapse: America’s factories are getting crushed by Trump’s trade war, not the Fed. Fifteen (15) manufacturing industries contracted in September. 5 major economies including US, China, India, South Korea and Germany have stumbled in recent quarters. That global slowdown is being amplified (multiplied) by the trade war. “It’s all a vicious circle.” What do we know about five interconnected points contained in a circle? Whose fingerprints are over them?

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Global Economic Collapse: America’s factories are getting crushed by Trump’s trade war, not the Fed. Fifteen (15) manufacturing industries contracted in September. 5 major economies including US, China, India, South Korea and Germany have stumbled in recent quarters. That global slowdown is being amplified (multiplied) by the trade […]

Global Economic Collapse: Many Americans haven’t felt the burden of Trump’s tariffs. They’re about to

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Global Economic Collapse: Many Americans haven’t felt the burden of Trump’s tariffs. They’re about to By Mary E. Lovely for CNN Business Perspectives Updated 7:10 AM ET, Wed October 2, 2019 Mary E. Lovely is a professor of economics at Syracuse University and non-resident senior fellow at the Peterson Institute […]

Global Economic Collapse: UAW rejects new GM offer as strike forces 6,000 Mexico layoffs. What do we know about the number Six (6)? 50,000 on strike. What do we know about the number Five (5)?

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Global Economic Collapse: UAW rejects new GM offer as strike forces 6,000 Mexico layoffs. What do we know about the number Six (6)? 50,000 on strike. What do we know about the number Five (5)? By David Shepardson and Joseph White. Reuters•October 1, 2019 (Reuters) – The United […]

Global Economic Collapse: US Gross National Debt Jumps by $1.2 Trillion in Fiscal 2019, to $22.7 Trillion, Hits 106.5% of GDP. “Unsustainable.”

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Global Economic Collapse: US Gross National Debt Jumps by $1.2 Trillion in Fiscal 2019, to $22.7 Trillion, Hits 106.5% of GDP October 2, 2019 by IWB But what happens if there’s actually a recession? The US gross national debt jumped by $110 billion on the last two business days of […]