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 Mac Slavo | Jun 13, 2019 | Emergency Preparedness, Forecasting, Headline News
Either President Donald Trump has a deep misunderstanding about the trade policies that enhance an economy or he is deliberately trying to send the country into a recession. Trump’s obsession with tariffs is proving disastrous in every important way. The trade...
by Mac Slavo | Jun 12, 2019 | Headline News
An American teenager fled the country in 2011 to avoid repaying student loans he took out to complete a college education. This isn’t the first time this has happened, and it certainly won’t be the last. Stories of crippling student loan debt are not new,...
by Mac Slavo | Jun 11, 2019 | Forecasting, Headline News
Morgan Stanley’s economists have taken to changing their forecasts for global growth to stagnation through year-end rather than a continued recovery. This is a result of “sustained escalation and incremental tariffs further slowing growth projections to...
by Contributing Author | Jun 7, 2019 | Emergency Preparedness, Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. If the U.S. economy was heading into a recession, we would expect to see a slowdown in the employment numbers, and that is precisely what is happening. According to payroll...