by Mac Slavo | Jun 25, 2019 | Forecasting, Headline News
UBS said on Monday that the world’s economy is on the razor’s edge of a recession, meaning the Federal Reserve could cut interest rates soon. Central banks tend to ease monetary policy when there’s a looming threat to economic stability, but it might...
by Mac Slavo | Jun 24, 2019 | Conspiracy Fact and Theory, Forecasting, Headline News
Tesla’s CEO, Elon Musk is warning of a “population collapse.” Musk says to expect the human population to noticeably and significantly drop by the year 2050. Musk’s macabre prediction was triggered by a tweet from a page called World of...
by Mac Slavo | Jun 18, 2019 | Forecasting, Headline News
The mainstream media has been ignoring the problem of corporate debt in the United States. While it’s often not thought of, corporate debt can pose a huge problem to the overall economy and lowering interest rates to make borrowing money cheaper won’t...
by Mac Slavo | Jun 18, 2019 | Forecasting, Headline News
Farmers in Illinois whose land has been thrashed by flooding have given up on planting. Instead of growing food, they decided to throw a party. And who could blame them? The storms that have caused major flooding in Illinois have forced farmers to give up on their...
by Mac Slavo | Jun 17, 2019 | Emergency Preparedness, Forecasting, Headline News
An economics professor at NYU and perhaps the media’s favorite permabear, Nouriel Roubini, is now saying that the world “has an even bigger problem on its hands.” Roubini says that a 2020 recession could likely be triggered by a “shock to the markets.” The...
by Contributing Author | Jun 17, 2019 | Emergency Preparedness, Forecasting, Headline News
This article was originally published by Michael Snyder on The Economic Collapse Blog. The amount of corn produced in the United States this year is going to be way below expectations. The Department of Agriculture just slashed its harvest estimates quite...