by Mac Slavo | Jun 20, 2019 | Headline News
The infamous “bond king”, Jeffrey Gundlach says he thinks it’s not only possible that president Donald Trump will drop out of the presidential race, but that he may not even run. Gundlach says it will all depend on the economy and if it tanks before...
by Mac Slavo | Jun 19, 2019 | Headline News
China isn’t backing down when it comes to the trade war. The Chinese government has just raised tariffs on imports coming in from the United States and cut duties on goods from other countries. In addition to gaining an edge against the U.S. in the trade war,...
by Contributing Author | Jun 18, 2019 | Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. Not since 2008 have we seen so much bad economic data come rolling in all at the same time. Even without a war with Iran, which by the way is looking increasingly likely with each...
by Mac Slavo | Jun 17, 2019 | Emergency Preparedness, Headline News
According to a gauge of business conditions tracked by Morgan Stanley, the index fell 32 points last month, marking its sharpest collapse since the metric was formulated. Morgan Stanley’s proprietary Business Conditions Index, or MSBCI, hit its lowest point...
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...