Search Result for “economic recession”

Things are starting to get really crazy in Germany.  The Germans are dealing with the worst inflation crisis that they have seen since the days of the Weimar Republic, and meanwhile economic activity is starting to shut down all over the nation.  Of course other European countries are facing similar …
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FedEx’s CEO Raj Subramaniam, told Jim Cramer of CNBC that we are heading into a worldwide recession. FedEx’s top executive, who took over the role at the beginning of this year, said that declining worldwide cargo volumes were the primary factor in the company’s unsatisfactory performance. “I’m very disappointed in the results that …
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You have heard me say it over and over again.  What we are witnessing right now reminds me so much of 2008, and we all remember what happened in the fall of 2008.  That doesn’t mean that this new crisis will unfold exactly the same way that the last one …
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If you knew for certain that we were about to plunge into another massive economic downturn like we experienced during the “Great Recession”, how would you respond?  The events of the second half of 2008 took almost everyone by surprise, and the vast majority of the population was completely unprepared …
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“Most economists are political apologists masquerading as economists,” wrote investor and author Doug Casey in an online article entitled “How Economic Witch Doctors Convince Everyone They’re Really Neurosurgeons.”  They “tailor theories to help politicians demonstrate the [alleged] virtue and necessity of their quest for more power” — so much so …
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Our concerns about the housing market have been confirmed.  This week, the corporate news is full of headlines about the new “housing recession” that has officially arrived, but this shouldn’t surprise any of us.  We were warned over and over again that if the Federal Reserve aggressively hiked interest rates …
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It is starting to look a lot like 2008.  Extremely long lines are forming at food banks all over the country, job losses and layoffs are starting to spike, countless small businesses are right on the brink of going under, a housing crash that could be even worse than what we witnessed in 2008 has …
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How would you feel if your power bill went up by 50 percent this winter?  How about 100 percent?  Unfortunately, these kinds of price increases are already being announced.  The world was heading into a major energy crisis even before the war in Ukraine started, and now that conflict threatens …
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Prices of commodities have plunged from recent highs. Has inflation peaked? The Wall Street Journal reports There Are Signs Inflation May Have Peaked, but Can It Come Down Fast Enough? Activate Your Own Stem Cells & Reverse The Aging Process – Choose “Select & Save” OR Join, Brand Partner & Select …
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Do you remember what economic conditions were like in 2008 and 2009?  Well, what is ahead of us is likely to be significantly worse.  There will be severe pain for those that get blindsided by this new crisis, but those that choose to get prepared in advance will have the best chance …
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