Search Result for “economic recession”
Warning: “Recession” Could Be Coming During The “Dark Winter” Ahead
We are just coming out of “the COVID recession”, and now we are being told that another recession could be just around the corner. Thanks to overly harsh pandemic restrictions, widespread shortages and millions of workers that appear to have disappeared from the system somehow, economic activity is slowing down …
2020 Economic Implosion: Job Losses Ramp Up As Millions Of Americans Continue To Slide Into Poverty
The mainstream media keeps trying to convince us that things are about to get a whole lot better for the U.S. economy, but instead, they just keep getting worse. On Thursday, we learned that another 898,000 Americans filed new claims for unemployment benefits last week. That was the highest number …
2020 Is An Economic Nightmare – And Things Just Got Even Worse
More than a million Americans were not supposed to be losing their jobs every week by the time we got to the middle of August. By now, vast hordes of unemployed Americans were supposed to be returning to their old jobs and economic activity was supposed to be returning to …
Economic Depression Of 2020: Endless Nightmare For Millions Of Americans
You may have noticed that a lot of people get offended by what I write. It is not something that I am purposely setting out to do, and I actually endeavor to get along with everyone as much as I can. But it is undeniable that my articles about our …
The Numbers Tell Us That The ‘Economic Recovery’ Is Dead And Businesses Are Failing At A Staggering Pace
Even though economic conditions were absolutely awful, during the month of June the mainstream media kept insisting that the U.S. economy was “recovering” and the stock market kept surging on every hint of good news. But now the “economic recovery” narrative is completely dead, because the numbers clearly show that …
The Push For Economic Slavery
If you think the hype over the coronavirus is simply about keeping people from getting sick, consider this: In the name of fighting corona, the power elite are in the process of turning the world upside down . . . Our banking system, Our educational system, Our transportation system, Our …
Job Losses, Bankruptcies & Store Closings Are All At Apocalyptic Levels As US Economic Collapse Rolls On
The last four months have been an unending nightmare for the U.S. economy. Businesses are shutting down at a pace that we have never seen before in American history, the “retail apocalypse” has reached an entirely new level that none of the experts were anticipating prior to this pandemic, and …
10 Numbers That Show US Has Fallen Into Economic Depression
The last recession was really, really bad, but it was never like this. It is time for us to face reality, and that means admitting that the U.S. economy has plunged into a depression. This is already the worst economic downturn that America has experienced since the Great Depression of …
Jobs Lost In April More Than Double Those Lost During Last Recession
Yes, you read that headline correctly. The economic downturn of 2008 and 2009 is often referred to as “the Great Recession” because the U.S. had not experienced economic pain of that magnitude since the Great Depression of the 1930s. Millions of Americans lost their jobs, mortgage defaults soared and Wall …
This Economic Collapse Is Largely A Self-Inflicted Wound
The rate at which the U.S. economy is unraveling is absolutely breathtaking. On Thursday, we learned that another 4.4 million Americans filed new claims for unemployment benefits last week, and that means that a grand total of more than 26 million Americans have lost their jobs during this pandemic so …