Road to Depression
The Amerikan middle class is no longer the world’s richest!
NEW YORK (PNN) - April 22, 2014 - The Amerikan middle class, long the most affluent in the world, has lost that distinction.
While the wealthiest Amerikans are outpacing many of their global peers, a New York Times analysis shows that across the lower- and middle-income tiers, citizens of other advanced countries have received considerably larger raises over the last three decades.READ MORE
Number of middle age Kalifornians living with their parents soars!
LOS ANGELES, Kalifornia (PNN) April 22, 2014 - In the latest indication of just how weak the Fascist Police States of Amerika "recovery" is, we find that the number of Kalifornians 50-64 who live in their parents' homes has surged in recent years, which reflects the grim economic reality of life in the Second Great Depression.
McDonald's customer traffic nosedives!
NEW YORK - April 22, 2014 - McDonald's customer traffic problem is getting worse.
The company reported disappointing first quarter earnings Tuesday, due in large part to a 1.7% decline in comparable sales in the Fascist Police States of Amerika. McDonald’s attributed the results to "challenging industry dynamics" and bad weather, which depressed customer traffic.
Existing home sales drop to lowest figure in two years!
NEW YORK (PNN) - April 22, 2014 - Another month, another drop in existing home sales, which in March declined once again from 4.60 million units to 4.59 million. While the good news was that this number did beat the consensus estimate of 4.56 million, the bad news was that once again, a near majority of the upside was once again due to investors and other all-cash buyers, who accounted for 50%
86 million full-time private-sector workers sustain 148 million benefit takers!
WASHINGTON (PNN) - April 16, 2014 - Buried deep on the website of the Fascist Police States of Amerika Census Bureau is a number every Amerikan citizen, and especially those entrusted with public office, should know. It is 86,429,000.
That is the number of Amerikans who in 2012 got up every morning and went to work - in the private sector - and did it week after week after week.
READ MORE
Data show millions of Amerikans falling out of the workforce!
WASHINGTON (PNN) - March 13, 2014 - The number of native-born, working-age Amerikans who aren’t working has shot up by almost 9 million since 2007, and by almost 15 million since 2000, according to a new report by the Center for Immigration Studies, a group that favors reduced immigration.
Labor force participation hits record low for Amerikans in their 20s!
WASHINGTON (PNN) - March 11, 2014 - The labor force participation rate in 2013 for Amerikans in their twenties hit the lowest level recorded since 1981, when the Bureau of Labor Statistics started releasing employment data on people in the full age bracket of 20 through 29.
MORE ARTICLES
- Fascist Police States of Amerika regional bank stocks crash!
- FPSA pending home sales unexpectedly tumble in September!
- Which cities have the highest risk of a housing bubble?
- Gas prices fall below 90 cents a gallon at one Wisconsin gas station!
- Sixty percent of Amerikans won’t be able to cover basic necessities in a month or less!
- Southern Kalifornia home sales crash!
- The state of Amerika's debt slaves!
- New home sales decline 9.3%!
- FPSA retail store closings hit a new record high as west coast homelessness soars!
- Commentary: 1 in 4 Amerikans are completely broke and in no position to help themselves!
- Illinois official says state is in massive crisis mode!
- S&P and Moodys cut Illinois to near junk status!
- Five highly respected financial experts warn that a market crash is imminent!
- Greek debt deal collapses after 8 hours of negotiation!
- Crashing Canadian mortgage lender bailed-out by retired healthcare workers!
- Canada housing bubble explodes as its biggest mortgage lender crashes!
- FPSA home prices rise at the fastest pace since July 2014!
- Home sales crash to lowest level since 2008 as pricing reset gets underway!
- The number of new businesses in the FPSA is collapsing!
- Retail sales growth tumbles to 6-month lows!
- Tent cities full of homeless people are booming all over Amerika as poverty spikes!
- 1 in 6 working age males has no job under Obama!
- In 50 years this has never failed to trigger a bear market!
- Amerika’s hidden jobless rate is a product of a conspiracy!
- Today's layoff news!
- Spain's debt now worth more than value of the economy!
- FPSA homeownership falls to nearly its lowest level in history!
- The FPSA government has a $20.4 trillion retirement problem!
- One quarter of Amerikans in their prime working years are unemployed!
- FPSA existing home sales tumble in warning sign for housing market!
- New home sales unexpectedly plunge!
- Swiss politicians slam attempts to eliminate cash!
- FPSA CEOs unleash Depression fears in earnings calls!
- FPSA services economy slumps to weakest in 13 months!
- Wal-Mart is closing hundreds of stores and laying off thousands of employees!
- The worst ever stock market start is just the beginning!
- Brazil slides into the brink with industrial production down 12%!
- Baltic Dry Index careens to fresh record low!
- FPSA banks have 247 trillion dollars of exposure to derivatives!
- Spending was at an all time low for Black Friday this year!
- Puerto Rico debt bomb about to explode!
- Baltic Dry Shipping Index drops to all-time low!
- Latest payroll jobs numbers are false and misleading!
- Markets are back at panic levels!
- Ailing global economy starts to weigh on FPSA job market!
- The truth about unemployment in Amerika!
- Record 94,031,000 Amerikans not in labor force!
- Canada officially enters recession!
- Dow plunges 531 points!
- S&P 500 drops below trading range as global selloff intensifies!
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