Road to Depression
World food prices jumped 10% in July!
WASHINGTON (PNN) - August 31, 2012 - World food prices jumped 10% in July as drought parched crop lands in the Fascist Police States of Amerika (FPSA) and Eastern Europe, the World Bank said on Thursday in a statement urging governments to shore up programs that protect their most vulnerable populations.
Japan manufacturing hits 16-month low as new orders plunge!
TOKYO, Japan (PNN) - August 31, 2012 - After adjusting for seasonal factors, the headline Markit/JMMA Purchasing Managers' Index™ (PMI™) posted 47.7 in August, down from 47.9 the previous month, signaling the sharpest worsening of Japanese manufacturing sector operating conditions since April 2011. Moreover, the latest deterioration in business conditions was broad-based across all three ma
New Jersey city fires entire police force!
CAMDEN, New Jersey (PNN) - August 27, 2012 - One of the Fascist Police States of Amerika’s most dangerous cities is planning to eliminate its entire pig thug cop department, laying off all 270 of its thug cops.
Retail spending down as back-to-school shopping season starts!
NEW YORK (PNN) - August 7, 2012 - Retailers may be in for disappointing back-to-school sales this year. The Consumer Reports Index, a gauge of consumer financial health, shows that Amerikans' retail spending declined slightly in the past month. In addition, purchases registered a sharp decline when compared to a year ago.
German Supreme Court to issue decision that could rock the world!
BERLIN, Germany (PNN) - August 29, 2012 - The euro zone is running out of bailout cash, and the German Constitutional Court now holds the fate of Europe in its hands.
The European Financial Stability Facility, the original euro area bailout fund established in the summer of 2010, has about 248 billion euros of lending capacity remaining after accounting for existing bailouts for Gree
Almost half of Amerikans will die broke!
NEW YORK (PNN) - August 29, 2012 - If a newly release report is any indication, most children shouldn't expect a big inheritance from their parents. A new working paper from the National Bureau of Economic Research finds that 46% of Amerikans die with less than $10,000 in financial assets.
Obama asks euro zone to keep Greece in until after Election Day!
Illegitimate fascist president worried that Greece exit from EU will damage election hopes.
LONDON, England (PNN) - August 24, 2012 - The illegitimate Obama regime will pressure European go
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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Douglas Casey
“Foreign aid might be defined as a transfer of money from poor people in rich countries to rich people in poor countries.”
— Douglas Casey, classmate of Bill Clinton at Georgetown University
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