by Mac Slavo | Jul 25, 2019 | Headline News
Nissan has announced that the company will layoff 12,500 people globally after their profits plunged 98.5%. The Japanese carmaker will cut production capacity by around 10% by the end of 2022 as sales fell in a number of its major markets. These layoffs will account...
by Mac Slavo | Jul 18, 2019 | Forecasting, Headline News
Railroad CEO James Foote says that the behavior of this economy is the “most puzzling” he’s seen in his 40-year career in the railroad industry. “The present economic backdrop is one of the most puzzling I have experienced in my career,” Foote told...
by Mac Slavo | Jul 3, 2019 | Headline News
The trade deficit has widened yet again in the aftermath of the trade war. The gap increase was due, in part, to the increase in automobile imports from Mexico and other countries. The U.S. trade deficit rose to $55.5 billion in May from $51.2 billion in April. It is...
by Mac Slavo | Jun 29, 2019 | Emergency Preparedness, Headline News, Precious Metals
The day of reckoning is coming for the United States’ national debt and it will likely come in the form of a dollar collapse. This is a problem for every single person on the globe and it’s only getting worse. The nonpartisan Congressional Budget Office...
by Mac Slavo | Jun 17, 2019 | Headline News
For many, the economic recovery being touted by the mainstream media has not yet affected them. About 25% of Americans say that a decade after the housing bust that caused the Great Recession, they are doing worse. Almost half of Americans are not doing any better at...
