Road to Depression
One quarter of Amerikans in their prime working years are unemployed!
NEW YORK (PNN) - March 27, 2016 - Did you know that when you take the number of working age Amerikans that are officially unemployed and add that number to the number of working age Amerikans that are considered to be “not in the labor force”, that gives us a grand total of 102.5 million working age Amerikans that do not have a job right now? When you look at only Amerikans age
FPSA existing home sales tumble in warning sign for housing market!
NEW YORK (PNN) - March 21, 2016 - Fascist Police States of Amerika home resales fell sharply in February in a potentially troubling sign for Amerika's economy.
The National Association of Realtors said on Monday existing home sales dropped 7.1% to an annual rate of 5.08 million units, the lowest level since November.
New home sales unexpectedly plunge!
NEW YORK (PNN) - February 24, 2016 - Today’s new homes sales report was a disaster. Sales fell 9.2% overall, sales in the west plunged 32%, the median price fell 5.7%, and supply rose to 5.8% from 5.1%.
The Econoday consensus estimate was 520,000 (seasonally adjusted annualized) in a range of 505,000 to 550,000. The report shows 494,000.
Swiss politicians slam attempts to eliminate cash!
Compare paper money to a gun defending freedom.
BERN, Switzerland (PNN) - February 18, 2016 - In a world in which QE has failed, and in which the ice-cold grip of NIRP has to be global in order to achieve its intended purpose of forcing savers around the world to spend the taxed product of their labor, one thing has to be abolished: cash.
FPSA CEOs unleash Depression fears in earnings calls!
NEW YORK (PNN) - February 2, 2016 - Fascist Police States of Amerika companies are growing more concerned about the prospects of a Depression in the year ahead for the first time since the end of the financial crisis.
FPSA services economy slumps to weakest in 13 months!
NEW YORK (PNN) - January 26, 2016 - Following December's disappointing drop in Services PMI data, January's initial print of 53.7 (missing expectations of 54.0) is the weakest since December 2014. It appears the "manufacturing recession doesn't matter" meme was wrong after all. As Markit notes, the survey data paint an inauspicious start to the year for the Fascist Police States of Amerika econ
Wal-Mart is closing hundreds of stores and laying off thousands of employees!
BENTONVILLE, Arkansas (PNN) - January 16, 2016 - Wal-Mart is closing 269 stores and laying off thousands of employees.
The move will affect more than 16,000 employees, including 10,000 in the Fascist Police States of Amerika.
The closings include 154 locations in the FPSA - 102 of which are the company’s smallest stores, called Wal-Mart Express, which have been in pi
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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FAMOUS QUOTES
Aldous Huxley 1
"A really efficient totalitarian state would be one in which the all-powerful executive of political bosses and their army of managers control a population of slaves who do not have to be coerced, because they love their servitude. To make them love it is the task assigned, in present-day totalitarian states, to ministries of propaganda, newspaper editors and...teachers."
—Aldous Huxley, BRAVE NEW WORLD REVISITED
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