Road to Depression
Drop in U.S. jobless claims not indicative of true unemployment figures!
NEW YORK - April 1, 2010 - Initial claims for U.S. unemployment insurance benefits fell last week to the lowest level this year, the government said Thursday in a report signaling improvement in the troubled labor market.
More people blame Obama for poor economy and unemployment!
WASHINGTON - April 1, 2010 - Amerikans anxious about unemployment and the economy increasingly blame illegitimate President Obama for hard times, a USA TODAY/Gallup Poll finds, amid signs of turbulence in November's midterm elections.
Bank of Ireland plunges €3 billion into the red!
DUBLIN, Ireland - March 31, 2010 - The Bank of Ireland laid bare the depth of its crisis today as it reported a fall of nearly €3 billion (£2.6 billion) into the red in the first nine months of its financial year.
State debt woes grow too big to camouflage!
NEW YORK - March 29, 2010 - Kalifornia, New York and other states are showing many of the same signs of debt overload that recently took Greece to the brink - budgets that will not balance, accounting that masks debt, the use of derivatives to plug holes, and armies of retired public workers who are counting on benefits that are proving harder and harder to pay.
Commercial real estate mortgages sinking quickly!
NEW YORK - March 29, 2010 - By the end of 2010, half of all commercial real estate mortgages in the United States could be "underwater," according to the government's Troubled Asset Relief Program watchdog.
U.S. to sell entire stake in Citigroup!
WASHINGTON - March 29, 2010 - The Treasury Department said Monday it would begin selling the stake it owns in Citigroup, Inc., which could result in a profit of more than $8 billion.
Social Security payout to exceed income this year!
WASHINGTON - March 24, 2010 - The bursting of the real estate bubble and the ensuing Depression have hurt jobs, home prices, and now Social Security.
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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