by Contributing Author | Apr 20, 2020 | Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. This economic downturn is turning out to be far deeper and far more severe than most experts were originally anticipating. More than 22 million Americans have filed claims for...
by Mac Slavo | Dec 16, 2019 | Headline News
The rampant consumerism in our society is what many say is driving the economy right now. But according to data points, many consumers are running out of available cash and credit to continue to prop it up for much longer. While consumers have been dubbed the...
by Mac Slavo | Nov 25, 2019 | Forecasting, Headline News
An earnings recession is now expected after the forecast after fourth-quarter projections send expectations from a gain of more than 5% to a decline. What that means, is that the holiday season and consumer spending is no longer expected to pull corporate earnings out...
by Mac Slavo | Aug 29, 2019 | Headline News
The Trump administration raised tariffs another 5% officially on Wednesday, prompting angry warnings from retailers about price increases on goods such as toys before the holiday shopping season. It sure looks like the punishment on the already cash strapped American...
