Road to Depression
1 in 6 working age males has no job under Obama!
Worse than the Depression.
September 7, 2016 - Barack Obama is the first president on record to not see a single year of 3% GDP growth. The latest quarterly GDP rate was 1.1%.
At 4.9%, the nation’s unemployment rate is half of what it was at the height of the Great Recession. But that number hides a big problem: Millions of men in their prime working
In 50 years this has never failed to trigger a bear market!
NEW YORK, (PNN) - July 30, 2016 - It’s earnings season once again and it looks as if, as a group, corporate Amerika still can’t find the end of its earnings decline since profits peaked over a year ago. What’s more, analysts renowned for their Pollyannish expectations can’t seem to find it, either.
I thought it might be interesting to look at what th
Amerika’s hidden jobless rate is a product of a conspiracy!
NEW YORK (PNN) - June 6, 2016 - Republican frontrunner presidential candidate Donald Trump said he thinks the jobless rate is close to 20% and not the roughly 5% reported by the Amerikan Gestapo Department of Labor division. Anyone who buys the 5% figure is a “dummy,” according to Trump.
Today's layoff news!
Microsoft fires 1,850, Intel cuts 350, and Shell is terminating 2,200!
NEW YORK (PNN) - May 25, 2016 - How do you know the Federal Reserve is justified in hiking again, the economy is recovering, and the markets are zooming higher? One hint is the just announced thousands in layoffs in both the energy and tech sector, among which are Shell, which announced it would layof
Spain's debt now worth more than value of the economy!
MADRID, Spain (PNN) - May 18, 2016 - Bank of Spain figures show that the country's public debt is now worth more than the value of the economy.
The bank said Wednesday that Spain's public debt stockpile stood at 1.09 trillion euros ($1.23 trillion) in the first quarter of the year. That represents 101% of the country's annual GDP - 1.08 trillion euros - in 2015.
FPSA homeownership falls to nearly its lowest level in history!
BERKELEY, Kalifornia (PNN) - April 30, 2016 - Home sales may be rising, but homeownership in the Fascist Police States of Amerika is heading down once again.
After gains in the second half of 2015, the homeownership rate fell to just 63.6%, seasonally adjusted, in the first quarter of this year, according to the FPSA Census Bureau.
The FPSA government has a $20.4 trillion retirement problem!
NEW YORK (PNN) - April 6, 2016 - The Fascist Police States of Amerika government has nowhere near enough money to pay retirees.
The credit-rating agency Moody's says State, local, and federal governments are about $7 trillion short in funding coming pension payments.
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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