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 Contributing Author | May 27, 2019 | Headline News
This article was originally published by Tyler Durden at ZeroHedge. Automakers can’t help but acknowledge the global recession in their industry after a decade of growth. As a result, they are slashing payroll across the board, according to Bloomberg. Countries like...
by Mac Slavo | May 21, 2019 | Headline News
Ford Motor Co. is finishing up their final round of layoffs today. About 7,000 workers worldwide are losing their jobs in this “booming economy” as unsold vehicles continue to pile up in the once empty parking lots of closed retail establishments. CEO Jim...
by Mac Slavo | Apr 10, 2019 | Headline News
The average American consumer is “tapped out” when it comes to their debt load. As a matter of fact, just about everyone in the world is in the most amount of debt they have ever been in, in history. As delinquencies and layoffs rise, Americans are...
by Mac Slavo | Apr 3, 2019 | Headline News
The first quarter of the year has just come to a close, and retail has already lost 41,000 jobs for the year, and that doesn’t even include March’s numbers. The retail apocalypse has not yet come to a head, and the abysmal job numbers in February won’t...
