Road to Depression

Fascist Police States of Amerika regional bank stocks crash!

NEW YORK (PNN) - May 2, 2023 - On Monday, JPMorgan Chase CEO Jamie Dimon announced the banking crisis was over and all was well.

This was after JPMorgan Chase was allowed to purchase the assets from failed First Republic Bank.

Road to Depression

FPSA pending home sales unexpectedly tumble in September!

WASHINGTON (PNN) - October 28, 2021 - After surging an unexpected 8.1% Month over Month in August, and on the heels of rebounds in new- and existing-home sales, Pending Home Sales in September were expected to scrape out a modest 0.5% MoM rise, but that was a long way off as Pending Home Sales tumbled 2.3% MoM.

“Contract transactions slowed a bit in September and are showing signs

Road to Depression

Which cities have the highest risk of a housing bubble?

ZURICH, Switzerland (PNN) - October 11, 2020 - Two German cities, Munich and Frankfurt, were found to have the highest risk of a housing bubble developing in a recent survey released by investment bank UBS Other cities at risk were Toronto, Hong Kong, Paris, Amsterdam and Zurich.

In Munich and Frankfurt, housing prices grew by more than 5% over the course of a year. Prices

Road to Depression

Gas prices fall below 90 cents a gallon at one Wisconsin gas station!

MILWAUKEE, Wisconsin (PNN) - April 16, 2020 - If you’re out and about today, Ole and Lena’s Fuel Depot, in Wautoma, is selling regular unleaded gasoline for 89 cents a gallon and midgrade for 86 cents, cash prices, according to GasBuddy.com. The price is as low as 91 cents in other parts of the state, like Baraboo.

Road to Depression

Sixty percent of Amerikans won’t be able to cover basic necessities in a month or less!

ALEXANDRIA, Virginia (PNN) - April 8, 2020 – The Fascist Police States of Amerika is dramatically unprepared for the economic shutdown we’re currently facing as the nation grapples with coronavirus, and one recent survey illustrates just how serious the problem is.

When the Society for Human Research Management surveyed Amerikan workers from March 12 to 16, it found that 60% of r

Road to Depression

Southern Kalifornia home sales crash!

A warning sign to the nation.

LOS ANGELES, Kalifornia (PNN) - July 25, 2018 - Southern Kalifornia home sales hit the brakes in June, falling to the lowest reading for the month in four years. Sales of both new and existing houses and condominiums dropped 11.8% year over year, as prices shot up to a record high, according to CoreLogic. The report covers Los Angeles, R

Road to Depression

The state of Amerika's debt slaves!

NEW YORK (PNN) - May 9, 2018 - After the party, the hangover.

Total consumer credit rose 5.1% in the first quarter, compared to a year earlier, or by $184 billion, to $3.824 trillion (not seasonally adjusted), according to the Federal Reserve. This includes credit-card debt, auto loans, and student loans, but not mortgage-related debt. That 5.1% year-over-year increase isn’t se