Road to Depression

Fitch ratings agency highlights threat of aging population time-bomb!Fitch ratings agency highlights threat of aging population time-bomb!

NEW YORK (PNN) - January 21, 2013 - Many advanced economies will be threatened by another, long-term fiscal shock unless they tackle the problem of aging populations, the ratings agency Fitch warned on Monday.

“Whilst a successful resolution of the current fiscal crisis remains the most important driver for many advanced-economy ratings, without further reform to address the impact of

Road to Depression

Japan launches big economic stimulus!

TOKYO, Japan (PNN) - January 11, 2013 - Japanese Prime Minister Shinzo Abe made his biggest push yet to make jobs growth part of the Bank of Japan's mandate as his government approved $117 billion of spending to revive the economy in the biggest stimulus since the financial crisis.

Under intense pressure from Abe, the BOJ will likely adopt a 2% inflation target at its January 21-22 rate

Road to Depression

Wendy's franchisee slashes worker hours to sidestep ObamaCare!

OMAHA, Nebraska (PNN) - January 9, 2013 - A Nebraska Wendy's franchise is slashing employee hours so the owners do not have to pay for health benefits for their workers under ObamaCare's requirements.

Road to Depression

European powerhouse economy has stalled!

LONDON, England (PNN) - January 9, 2013 - Industrial production rose by just 0.2% in November, following a fall of 2% the previous month, as a stronger performance in capital goods and construction outweighed declines in energy and consumer goods.

Road to Depression

Spain plunders social security fund to buy its own debt!

MADRID, Spain (PNN) - January 3, 2013 - With Spanish 10Y yields hovering at a relatively healthy 5%, having been driven inexorably lower on the promise of ECB assistance at some time in the future, the market has become increasingly unsure of just who it is that keeps bidding for this stuff.

Road to Depression

FPSA manufacturing climbs!

NEW YORK (PNN) - January 2, 2013 - Manufacturing picked up in December, reflecting growth in orders, employment and exports that propagandists are using to conclude that the Fascist Police States of Amerika expansion will be sustained in 2013 following the bogus budget deal.

Road to Depression

Holiday retail sales growth weakest since 2008!

WASHINGTON (PNN) - December 26, 2012 - Fascist Police States of Amerika shoppers spent cautiously this holiday season, a disappointment for retailers who slashed prices to lure people into stores and now must hope for a post-Christmas burst of spending.