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Most Small Business Owners Are Already Preparing For The Next Recession

Most Small Business Owners Are Already Preparing For The Next Recession

by Mac Slavo | May 1, 2019 | Headline News

Small businesses are often said to be the backbone of the United States economy.  Many small business owners have already begun their own preparations for the next financial downturn; maybe they know something we aren’t being told by the mainstream media....
Consumer Spending SPIKES In March, But Credit Card Balances Are At ALL TIME HIGHS

Consumer Spending SPIKES In March, But Credit Card Balances Are At ALL TIME HIGHS

by Mac Slavo | Apr 30, 2019 | Headline News

Consumer spending rose .9% in March netting an overall positive response from the mainstream media, with many reports now calling recession fears unfounded. But consumer credit card debt also rose to all-time highs again, meaning people borrowed the money they spend...
Economic Downturn: Small Business Owners’ Confidence Weakens

Economic Downturn: Small Business Owners’ Confidence Weakens

by Mac Slavo | Jan 8, 2019 | Headline News

On the heels of weakening confidence from new home builders, comes the lack of confidence from small business owners. This is the fourth consecutive month that the outlook on business conditions fell and confidence is now at its lowest point since 2016. According to...
US Consumers Tap Out: Personal Savings Rate Plunges To 10 Year Low While Americans Splurge

US Consumers Tap Out: Personal Savings Rate Plunges To 10 Year Low While Americans Splurge

by Contributing Author | Dec 22, 2017 | Headline News

This report was originally published by Tyler Durden at Zero Hedge The latest confirmation that the US consumer is now effectively tapped out came moments ago when the Dept of Commerce reported that in November, Personal Income rose by a lower than expected 0.3% (exp....
Retail Collapsing in America As Shoppers Tighten Spending: “Entire Malls Now Completely Abandoned”

Retail Collapsing in America As Shoppers Tighten Spending: “Entire Malls Now Completely Abandoned”

by Contributing Author | Feb 1, 2016 | Commodities

This article was written by Michael Snyder and originally published at his End of the American Dream blog. Editor’s Comment: If the magnitude of the economic disruptions underway are enough to shake Walmart to its core, then it only follows that the entire...
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