Category: Economic Collapse

Global Economic Collapse: U.S.-China Trade War Getting ‘Considerably Worse’

Global Economic Collapse: U.S.-China Trade War Getting ‘Considerably Worse’ Ben Bartenstein. Bloomberg•September 30, 2019 The U.S.-China trade war is getting “considerably worse” and comments at the United Nations General Assembly suggest no end in sight, according to Ian Bremmer, the New York-based president of Eurasia Group. Chinese officials […]

Global Economic Collapse: What the retail apocalypse means for the American economy

Global Economic Collapse: What the retail apocalypse means for the American economy By Chris Isidore and Nathaniel Meyersohn, CNN Business Updated 8:13 PM ET, Mon September 30, 2019 New York (CNN Business) The retail apocalypse over the past several years has devastated America’s department stores, chains and mom-and-pops. Stores are closing at […]

Global Economic Collapse: Eurozone recession draws nearer as German private sector shrinks for first time since 2013

Global Economic Collapse: Eurozone recession draws nearer as German private sector shrinks for first time since 2013 Ben Chapman The Independent. September 23, 2019 The prospect of the eurozone falling into recession is looming larger after a further sign of deep problems in Germany, Europe’s largest economy. Survey data suggests […]

Economic Collapse: A crack just emerged in the financial markets: The NY Fed spends over $50 billion to rescue the overnight lending market.

Economic Collapse: A crack just emerged in the financial markets: The NY Fed spends over $50 billion to rescue the overnight lending market. By Matt Egan, CNN Business Updated 11:54 AM ET, Wed September 18, 2019 Borrowing rates skyrocketed on Tuesday in a corner of the markets the public rarely […]

Economic Collapse: Over 50% of America’s CFOs brace for a recession prior to the 2020 election. The rest of the world is in agreement.

Economic Collapse: Over 50% of America’s CFOs brace for a recession prior to the 2020 election. The rest of the world is in agreement. By Matt Egan, CNN Business Updated 6:22 AM ET, Wed September 18, 2019 America’s top finance chiefs are on high alert for a recession. For the […]