The Body Count is Rising: Job Cuts Continue

While many analysts suggest we are at, or are nearing, a bottom, here at SHTF we believe the bottom is nowhere in sight. Retailers continue to get hammered by lowered consumer spending, resulting in a steady stream of seemingly never-ending job losses. And as more...

California too Broke to Pay Welfare

Yes, it sounds ridiculous, but it’s true. California Controller John Chiang announced that the State of California will be suspending the payment of welfare checks, student grants and, get this, tax refunds. The liberal tax and spend policies in the...

Jobs Update: 120,000 Vaporized in 2 Weeks

Get ready for more doom and gloom from the retail sector this month. We’re now 13 straight months into job losses, and it isn’t letting up any time soon. Here is where we are so far this year: source: CNN To read a more detailed overview of these job cuts,...