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The Wheels Have Started To Come Off For The U.S. Economy, And The Worst Is Yet To Come

The Wheels Have Started To Come Off For The U.S. Economy, And The Worst Is Yet To Come

by Contributing Author | Aug 5, 2024 | Headline News

This article was originally published by Michael Snyder at The Economic Collapse Blog.  For a long time, there was a lot of denial about the direction that the U.S. economy was heading.  The Biden administration and the mainstream media just kept insisting that...
6 Of The Last 8 U.S. Recessions Were Preceded By Oil Price Spikes – Damage To Saudi Oil Industry Could Take “Months” To Repair

6 Of The Last 8 U.S. Recessions Were Preceded By Oil Price Spikes – Damage To Saudi Oil Industry Could Take “Months” To Repair

by Contributing Author | Sep 17, 2019 | Commodities, Experts, Forecasting, Headline News

This article was originally published by Michael Snyder at The Economic Collapse Blog.  When the price of oil rises dramatically, that tends to be really bad for the U.S. economy.  Because we are so spread out and goods are transported over such vast distances, our...
Time To Prep: “Young People Get Hit The Hardest During A Recession”

Time To Prep: “Young People Get Hit The Hardest During A Recession”

by Mac Slavo | Aug 26, 2019 | Emergency Preparedness, Experts, Forecasting, Headline News

Even though no one quite knows when exactly the upcoming recession will strike, economist Harry Holzer says newer college graduates are among the first to be targeted by employers in an economic downturn.  Their lack of experience in the workplace makes them less...
The Interest Rate Is Going To Be Rising A Lot And Fast

The Interest Rate Is Going To Be Rising A Lot And Fast

by Mac Slavo | Oct 3, 2018 | Headline News

Interest rates will rise quickly and those hikes are going to be pretty big.  Those with home equity loans, credit card debt and other variable rate loans will soon feel the pinch in their wallet, forcing them to cut back in other areas if their finances are already...

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