Road to Depression
Food stamp usage at an all time high!
WASHINGTON - April 6, 2010 - Food stamp usage is up again except the program is now called the Supplemental Nutrition Assistance Program (SNAP).
Controller says L.A. will run out of cash in a month!
LOS ANGELES, Kalifornia - April 5, 2010 - Los Angeles will run out of cash on May 5, city Controller Wendy Greuel said today in a release in which she requested a $90 million transfer of reserve funds to pay bills.
Growing numbers of parents unable to support their children!
FAIRFIELD, Connecticut - April 5, 2010 - When Maurice Johnson was laid off a year ago from his six-figure salary as a managing director at GE Capital, it wasn't his future he was worried about. It was his children's.
AMBROSE EVANS-PRITCHARD: Deflation on the prowl as Bernanke shuts down his printing press!
The most audacious monetary experiment in modern history ended on April Fools' Day. America must walk without crutches, on gangrenous legs.
By Ambrose Evans-Pritchard
April 4, 2010 - The U.S. Federal Reserve has completed its purchase of $1.7 trillion (£1.1bn) of mortgage securities, agency debt and U.S. Treasuries, the conjuring trick of "c
Tent slums spring up in Amerika!
LOS ANGELES, Kalifornia - March 30, 2010 - Concentrations of homeless people are nothing new in Amerika, but recent BBC and Los Angeles Times reports depict a rising trend of shanty slums, such as a "city" of newly homeless people living in tents near the Ontario airport in Los Angeles.
Fall in savings rate shows there is no recovery!
Private sector report shows thousands of jobs lost in March!
WASHINGTON - April 1, 2010 – Private sector employers shed 23,000 jobs in March, surprising economists who expected job growth last month and raising doubts that Friday's government report on March unemployment will be as positive as hoped.
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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