Predictions Of Economic Disaster In 2020 From Top Experts All Over The Globe. There is that date again!!! The world is unprepared for ‘sudden and unexpected’ economic collapse. July 13, 2019 by IWB Will 2019-2020 be a year of financial crashes, economic chaos and the start of the next great […]
The Black Hole of City Government Debt. Crisis Looming on the Horizon. July 17, 2019 by IWB. Martin Armstrong We are facing a serious collapse in government that appears to be shaping up on the horizon beginning 2021/2022. Take the city of Chicago for example. The city is buried under […]
3 reasons to fear America’s massive $70 trillion debt pile By Anneken Tappe, CNN Business Updated 8:29 AM ET, Wed July 17, 2019 New York (CNN Business) America’s debt load is about to hit a record. The combination of cheap money and soaring debt helped fuel the decade-long economic expansion and bull […]
Retail Apocalypse: 12,000 Stores Are Forecasted to Close This Year. Here’s a list. July 13, 2019 by IWB As the economy cycles down through summer, there is new, alarming data that shows retail store closings are accelerating. Coresight Research says there have already been 20% more store closings announced in […]
The U.S. (and Global) Economy Is In Trouble July 13, 2019 by IWB by Dave Kranzler of Investment Research Dynamics If the Fed does cut rates at the July FOMC meeting, it’s because Powell and his cohorts are well aware of the deteriorating economic conditions which are driving the data embedded in these […]
At least 2,500 truck drivers have lost their jobs in 2019 as the transportation ‘bloodbath’ unfolds. Video. Rachel Premack. Business Insider•July 15, 2019 Video here: https://news.yahoo.com/least-2-500-truck-drivers-152550919.html Six trucking companies have folded in 2019. That has left more than 2,500 truck drivers unemployed. After a hugely profitable year in 2018, this year has […]
US manufacturing sinks into recession amid trade wars Heather SCOTT. AFP•July 16, 2019 Washington (AFP) – US manufacturing sunk into recession in June after two consecutive quarters of declines amid President Donald Trump’s bitter trade wars and a slowdown in China and other trading partners. The decline comes […]
From Iraq to Yemen, Drones Raise U.S. Alarm Over Iranian Plans Beyond surveillance, Iranian drones can drop munitions and even carry out ‘a kamikaze flight where they load it up with explosives and fly it into something,’ according to a U.S. official Reuters Jul 17, 2019 6:48 PM The […]
Vietnam, China embroiled in South China Sea standoff By James Pearson and Khanh Vu. Reuters•July 17, 2019 Chinese ship surveyed Vietnamese oil blocks – U.S. think-tanks * One surveyed block licensed to Spanish energy firm Repsol * Chinese ship ‘threatened’ rig operated by Russia’s Rosneft * Both China […]
The Pentagon Releases Its 5-Year Digital Modernization Strategy. To bolster ‘digital awareness, deploying an “end-to-end” identity, credential and access management infrastructure’. AKA, ‘Biometric Scanning Identification, Verification and Validation.’ Nextgov. July 16, 2019 Pentagon officials vowed to improve oversight of their IT investments as part of a multi-year push […]
