by Mac Slavo | Jun 15, 2023 | Headline News
Is a recession coming? Is this the calm before the storm? JPMorgan Asset Management Global Head of Fixed Income Bob Michele said that today’s economic climate calls to mind the lull seen in the 2008 financial crisis. Michele, who manages more than $700 billion worth...
by Contributing Author | Jun 14, 2023 | Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. What is going to happen to our banking system as trillions of dollars worth of commercial real estate loans go bad? Many months ago, I warned that the greatest commercial real...
by Contributing Author | Jun 2, 2023 | Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. We are in far more trouble than most people realize. In recent months, our rapidly growing economic problems have gotten a lot of attention, and without a doubt, our economy is...
by Mac Slavo | May 25, 2023 | Headline News
Consumers in Germany are spending less. That means Europe’s largest economy is officially in a recession. Output in Germany dropped 0.3% in the first three months of the year, following a 0.5% contraction at the end of 2022, official data showed Thursday. The...
by Mac Slavo | May 23, 2023 | Headline News
The United States ruling class is warning of economic turmoil if it defaults on its debt. The White House says to expect a “deep recession” and a stock market bloodbath as it plunges 45%. The deadline for the ruling class to lift the debt limit is rapidly...