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...
This article was originally published by Tyler Durden at ZeroHedge. A synchronized global slowdown, with no end in sight, has spooked some of the wealthiest investors around the world, according to a new survey from UBS Wealth Management, seen by Bloomberg. UBS...
The global debt crisis has reached epic and historical proportions. It’s now $188 trillion, which is more than double the entire economic output of the entire planet. The global debt load has surged to a new record of around 230% of the world’s output,...
This article was originally published by Tyler Durden at ZeroHedge. It’s the “Greatest Economy Ever,” right? Well, it depends on who you ask. For instance, a new report sheds light on 53 million Americans, or about 44% of all US workers, aged 18 to...
This article was originally published by Michael Snyder at The Economic Collapse Blog. What do you do when you have lost all hope that things will ever turn around? It may still feel like “the economy is booming” for those at the top end of the economic food chain in...
The US Department of Homeland Security (DHS) expects to have face, fingerprint, and iris scans of at least 259 million people in its biometrics database by 2022. Is there any way to escape the mass surveillance and tracking that George Orwell warned us all about in...