Road to Depression
Record 1.2 million people fall out of labor force in one month!
NEW YORK (PNN) - February 3, 2012 - The number of people not in the labor force exploded by an unprecedented record 1.2 million. That is not a typo. 1.2 million people dropped out of the labor force in one month!
Home prices drop in November for third straight month!
WASHINGTON (PNN) - February 1, 2012 - Home prices fell for a third straight month in November in nearly all cities tracked by the Standard & Poor's/Case-Shiller home-price index.
American Airlines to cut up to 15,000 jobs!
FORT WORTH, Texas - February 1, 2012 - NBC 5 has learned that Fort Worth-based American Airlines may cut between 10,000 and 15,000 jobs across the company.
It is estimated that 1,000 of those jobs to be cut will be at the company's maintenance base at Alliance Airport in north Fort Worth.
Depression economy forces welfare agency hiring spree!
NEW YORK - February 1, 2012 - Economic woes have forced at least one city agency into a hiring spree - adding more workers to process the demand for food stamps and other assistance.
The Human Resources Administration added more than 100 workers last July and plans to hire another 100 to serve the burgeoning number of New Yorkers applying for food stamps and rent assistance at their
Greece warns EU summit it is on the brink of collapse!
LONDON, England - January 29, 2012 - Greece faces “the specter of bankruptcy and all the dire consequences that entails”, the Greek prime minister warned last night.
Lucas Papademos said that unless the country’s international backers agreed to a new bailout, Greece would be unable to pay off its loans and be forced out of the eurozone.
Fitch cuts credit ratings on five European countries!
LONDON, England - January 27, 2012 - Fitch just cut the long-term issuer ratings of 5 EU sovereigns: Belgium: AA+ to AA, Spain: AA- to A, Italy: A+ to A-, Cyprus: BBB to BBB-, and Slovenia: AA- to A.
Firm received $118 milion in stimulus funds and has now filed for bankruptcy!
Amerikan taxpayers again ripped off by outlaw thug officials.
January 26, 2012 - Ener1, company that manufactures batteries for electric cars, which received $118.5 million in federal stimulus money, and a visit by Vice President Joe Biden last year - the day after illegitimate President Obama’s State of the Union Address - announced today that it has filed for Cha
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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