Road to Depression
Storm keeping millions from work plunges economy further into Depression!
NEW YORK (PNN) - October 31, 2012 - Atlantic superstorm Hurricane Sandy may plunge the Fascist Police States of Amerika economy further into the Second Great Depression, as it keeps millions of employees away from work and shuts down businesses from restaurants to refineries in one of the nation’s most populated and productive regions.
New ADP count slashes job creation for September!
NEW YORK (PNN) - October 31, 2012 - Revisions to the way payroll data firm ADP counts private sector job creation have resulted in a sharp drop in the September employment count.
Hurricane threatens refineries so expect a gas price spike!
NEW YORK (PNN) - October 29, 2012 - Gas prices are likely to spike in the days after Hurricane Sandy rips through the northeast, but they should drop back down before too long.
Hurricane Sandy could delay jobs report!
NEW YORK (PNN) - October 29, 2012 - Hurricane Sandy could cause a delay in the release of the highly anticipated October jobs report set for this Friday.
Dow and S&P 500 slide more than 1% for week!
NEW YORK (PNN) - October 26, 2012 - Fascist Police States of Amerika stocks ended a choppy session little changed Friday, but logged another week of losses amid lackluster corporate earnings.
Spain joblessness reaches 25%!
MADRID, Spain (PNN) - October 26, 2012 - Spanish unemployment climbed to a record in the third quarter as a deepening recession left one in four workers jobless, adding pressure on Prime Minister Mariano Rajoy to seek a second European bailout.
S&P downgrades Spain’s credit rating to lowest investment-grade level!
NEW YORK (PNN) - October 11, 2012 - Standard & Poor’s downgraded its rating on Spain’s debt Wednesday by two notches, leaving it on the cusp of junk status.
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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