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Auto Industry Showing Cracks: Ford Begins Final Round Of Layoffs As Unsold Cars Keep Piling Up

Auto Industry Showing Cracks: Ford Begins Final Round Of Layoffs As Unsold Cars Keep Piling Up

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...
If The U.S. Economy Is So Great, Why Are So Many Workers MISERABLE?

If The U.S. Economy Is So Great, Why Are So Many Workers MISERABLE?

by Mac Slavo | May 1, 2019 | Headline News

Millennial and generation Z workers are becoming increasingly miserable with their jobs and careers. Since we are told several times a day by the media that the economy is booming, why are so many young workers so disastrously melancholy all the time? The mental well...
If “Getting Ahead” Depends On Asset Bubbles, It’s Not “Getting Ahead,” It’s Gambling

If “Getting Ahead” Depends On Asset Bubbles, It’s Not “Getting Ahead,” It’s Gambling

by Contributing Author | Apr 24, 2019 | Headline News

This article was originally published by Charles Hugh Smith at OfTwoMinds blog Given that the economy is now totally and completely dependent on inflating asset bubbles, it makes no sense to invest for the long-term. Beneath the endlessly hyped expansion in gross...
“Payroll Tsunami”: Small Businesses Layoff Workers To Comply With Minimum Wage Law

“Payroll Tsunami”: Small Businesses Layoff Workers To Comply With Minimum Wage Law

by Mac Slavo | Apr 9, 2019 | Headline News

In what has become just one more example of government intervention going the exact opposite of what socialists intend, minimum wage laws are driving a “payroll tsunami.”  Small businesses are being forced to lay off workers in order to comply with a law...
A Recession Indicator Having A PERFECT Record For 70 Years Is About To Be Triggered

A Recession Indicator Having A PERFECT Record For 70 Years Is About To Be Triggered

by Mac Slavo | Feb 21, 2019 | Headline News

The unemployment rate has been a perfect forecaster of a recession in the past 70 years, and it appears to be edging closer to triggering that signal.  “It’s never been wrong. It’s something to watch,” said Joseph Lavorgna, chief economist for...
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