Search Result for “economic recession”

Trump is going to continue to stand strong because he can’t afford to look weak on China with an election coming up, and the Chinese are not going to throw in the towel when they may only have to wait 18 months for Trump to be out of the picture. So, for now, we have a trade war to deal with, and with each passing day it is going to become increasingly painful.
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Global economic activity has already been slowing down dramatically, and the U.S. trade war with China is just going to make things worse.  In so many ways, what we are witnessing in 2019 is quite reminiscent of what we witnessed as the last recession was beginning.
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We should all get prepared for an extended trade war, and this trade war is going to affect you and your family in a number of different ways.
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There are all sorts of indications that the U.S. economy is really starting to slow down again.  One of those indications is the fact that the level of credit card charge-offs has risen to the highest level since 2012…
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According to the Department of Housing and Urban Development, approximately 14 percent of all the homeless people in the entire country currently live in New York City.
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The debt-based system we live under won’t sustain itself forever. Don’t get us wrong, the sociopaths in government and at the Federal Reserve (central bankers) will prop it up for as long as possible, but it is doomed to fail.
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The elite are very “tolerant” of the homeless until they start showing up in their own neighborhoods.
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It isn’t just the retail industry that is heading for an “apocalypse”. Our entire economy is built on a foundation of sand, and a giant storm is rapidly approaching our shores.
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Food prices are already high, but the truth is that this is as low as they are going to get. Much less food will be produced in our heartland this year, and that will mean skyrocketing prices at our grocery stores.
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A surprisingly dovish turn by the Federal Reserve and intense new worries have rattled Wall Street, sparking more recession fears and concerns about a global economic slowdown.
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