Road to Depression
Florida homeowners associations foreclosing on banks!
MIAMI, Florida (PNN) - December 26, 2012 - Since the housing bubble burst in Florida five years ago, more than 400,000 borrowers have had their homes foreclosed on by their lenders. But for some, it's payback time.
Government dependents outnumber those with jobs in 11 FPSA states!
NEW YORK (PNN) - December 26, 2012 - Amerika is rapidly becoming a nation of takers. An increasing number of Amerikans expect the government to take care of them from the cradle to the grave, and they expect the government to dig into the pockets of others in order to pay for it all. This philosophy can be very seductive, but what happens when the number of takers eventually outnumbers the numb
More young adults than ever are living on the street!
SEATTLE, Washington (PNN) - December 18, 2012 - Across the country, tens of thousands of underemployed and jobless young people, many with college credits or work histories, are struggling to house themselves in the wake of the ongoing Second Great Depression, which has left workers between the ages of 18 and 24 with the highest unemployment rate of all adults.
Whither Michigan so may go other union-friendly states!
LANSING, Michigan (PNN) - December 12, 2012 - The right-to-work legislation signed by Michigan Governor Rick Synder on Tuesday marks a victory for Republican lawmakers and others who believe that unions hurt the Fascist Police States of Amerika economy.
FPSA manufacturers slow down in November!
WASHINGTON (PNN) - December 3, 2012 - Business among manufacturers contracted in November and fell to the lowest level in more than three years.
S&P downgrades world's oldest bank to junk status!
NEW YORK (PNN) - December 5, 2012 - Standard & Poor's on Wednesday cut its credit rating for troubled Italian bank Monte dei Paschi di Siena - the world's oldest surviving lender - to speculative-grade status of BB+ from BBB-.
Jobs forecasts cloudier than usual!
NEW YORK (PNN) - December 5, 2012 - No matter how strong or weak Friday’s payroll number is, expect any analysis to carry caveats. November’s economic performance was skewed by Mother Nature, politics and the calendar.
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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