Posts Tagged
recession

What Really Happened In 2015, And What Is Coming In 2016…
A lot of people were expecting some really big things to happen in 2015, and most of them did not happen. But what did happen? It is my contention that a global financial crisis began during the second half of 2015, and it threatens to greatly accelerate as we enter …

Suicide, Crime, Unemployment And Poverty All Soar As The Economic Crisis In Alberta Accelerates
The nightmare that is currently unfolding up in Canada will soon be coming to the United States. When the price of oil first started crashing, most Americans and most Canadians applauded. Most people thought that lower gas prices would be really good for the economy. Well, it turns out that …

Do You Remember When Black Friday Actually Still Mattered In America?
Once upon a time, “Black Friday” was a major event in the United States. Yes, the mainstream media is still endlessly hyping it up, and major retailers are still rolling out their “incredible deals”, but it appears that most Americans are tiring of this particular gimmick. Or perhaps it is …

We Have Never Seen Global Trade Collapse This Dramatically Outside Of A Major Recession
If you have been watching for the next major global economic downturn, you can now stop waiting, because it has officially arrived. Never before in history has global trade collapsed this dramatically outside of a major worldwide recession. And this makes perfect sense – when global economic activity is increasing …

18 Numbers That Scream That A Crippling Global Recession Has Arrived
The stock market has been soaring, but all of the hard economic numbers are telling us that a major global recession is here. This is so reminiscent of what happened back in 2008. Back then, all of the fundamentals were screaming “recession” by the middle of that year, but the …

Wal-Mart’s Worst Stock Crash In 27 Years Is Another Sign That The Economy Is Rapidly Falling Apart
Now that a major global recession has begun, you would expect major retailers like Wal-Mart to run into trouble as consumer spending dries up, and that is precisely what is happening. On Wednesday, shares of Wal-Mart experienced their largest single day decline in 27 years after an extremely disappointing earnings …

The Numbers Say That A Major Global Recession Has Already Begun
The biggest bank in the western world has just come out and declared that the global economy is “already in a recession.” According to British banking giant HSBC, global trade is down 8.4 percent so far this year, and global GDP expressed in U.S. dollars is down 3.4 percent. So …