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 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...
by Mac Slavo | May 27, 2019 | Headline News
Although talk of a recession subsided early this year, it’s back in full force thanks to the trade war with China. “Call it scare-mongering if you like, but many of the data releases [last] week had the unmistakable whiff of a recession,” said chief U.S....
by Mac Slavo | May 24, 2019 | Headline News
All economic data is pointing to a slower 2019. One of those bits of data is from the manufacturing industry. United States manufacturing growth has hit a 9 year low this month, which is a terrible sign for our volatile economy. Faced with decreasing demand from...
