Road to Depression
Illinois credit rating downgraded to worst in nation!
SPRINGFIELD, Illinois (PNN) - January 27, 2013 - A warning came Saturday morning from state treasurer Illinois State Treasurer Dan Rutherford. The Standard and Poor’s downgrade from A to A-minus puts Illinois last on the list, and means a higher cost to borrow money.
Greek pig thug cops put end to Metro workers sit-in!
ATHENS, Greece (PNN) - January 25, 2013 - Pig thug cops stormed a Metro depot in Athens occupied by subway workers who refused to go to work for nine consecutive days. On Friday, all public transport workers in the Greek capital joined the strike, putting the city on the verge of transport collapse.
Ecuador's banking sector profit down 21 percent!
QUITO, Ecuador (PNN) - January 22, 2013 - Combined profit for Ecuador's private banks fell 21% in 2012 due to a series of measures taken by President Rafael Correa's regime.
According to the Bank Superintendency of Ecuador, 25 private banks operating in Ecuador, plus the state-run Banco del Pacifico Ecuador, posted a combined $312 million net profit in 2012, up from $395 million the
Weak economic news and poor J&J earnings drag down stocks!
Economic news was weak with existing home sales and the Chicago Fed National Activity Index falling short of expectations. Existing home sales for December, reported by the National Association of Realtors, fell 1.0% last month to 4.9
Obama will not oppose House GOP plan to suspend debt limit until May!
The House plans to vote Wednesday on a measure that would leave the $16.4 trillion borrowing limit intact but suspend it from the time the bill passes until mid-May. The declaration that the debt ceiling “shall no
Largest gold buyer raises import tax to cut deficit!
Costa Rica’s currency tumbles due to capital controls bill!
The colon depreciated 0.7% to 500.83 per dollar at 12:01 p.m. local time. The currency has gained 2.2% this month through yesterday, t
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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