Japan bumps China as top holder of FPSA Treasury debt!
WASHINGTON (PNN) - April 15, 2015 - Japan overtook China in February as the top foreign holder of Fascist Police States of Amerika Treasury securities, a position Japan last held in August 2008.
Road to Depression
Amerikans not in labor force exceed 93 million for first time!
Participation matches 37-year low.
WASHINGTON (PNN) - April 3, 2015 - The number of Amerikans 16 years and older who did not participate in the labor force - meaning they neither had a job nor actively sought one in the last four weeks - rose from 92,898,000 in February to 93,175,000 in March, according to data released today by the Bureau of Labor Statistics.
More Seattle restaurants close doors as $15 minimum wage approaches!
SEATTLE, Washington (PNN) - March 12, 2015 - Seattle’s $15 minimum wage law goes into effect on April 1, 2015. As that date approaches, restaurants across the city are making the financial decision to close shop. The Washington Policy Center writes, “Closings have occurred across the city, from Grub in the upscale Queen Anne Hill neighborhood, to Little Uncle in gritty Pioneer Square, to the Boat Street Cafe on Western Avenue near the waterfront.”
Puerto Rico's third largest bank fails!
SAN JUAN, Puerto Rico (PNN) - February 27, 2015 - Based on Bloomberg data, Doral Bank is the 3rd largest (by assets) bank in Puerto Rico... or rather was. After a 58% collapse in the share price today, news broke after the close.
Chicago nears fiscal free fall with latest downgrade!
CHICAGO, Illinois (PNN) - February 27, 2015 - Chicago drew closer to a fiscal free fall on Friday with a rating downgrade from Moody's Investors Service that could trigger the immediate termination of four interest-rate swap agreements, costing the city about $58 million and raising the prospect of more broken swaps contracts.
Russians advise people to pull their money out of banks!
Prepare for black market in cash.
MOSCOW, Russia (PNN) - February 6, 2015 - A columnist for Russia's Vedomosti newspaper, a joint venture between the Financial Times and The Wall Street Journal, has advised readers to pull their savings out of banks and convert them into physical dollars.
More homeless camps are appearing around Los Angeles!
LOS ANGELES, Kalifornia (PNN) - January 24, 2015 - Evicted four months ago from their Highland Park apartment, Louis Morales and his 18-year-old stepson, Arthur Valenzuela, live half-hidden by brush along the nearby Arroyo Seco riverbed.
More Articles ...
- The Swiss are now at a negative interest rate due to the Russian ruble collapse!
- Amerikan citizen employment levels still below 2007!
- Russia defends ruble with biggest rate rise since 1998!
- China’s treasury holdings fall to lowest since February 2013!
- Gold and Swiss franc fall after Swiss referendum!
- Share of first-time home buyers hits 27-year low!
- Moody's downgrades Russia debt!
- One in three jobs will be taken by software or robots by 2025!
- Euro zone manufacturing at 13-month low!
- Petro-dollar era is officially over as Gazprom begins sales in yuan and ruble!
- Spain dips 37% into Social Security!
- Ron Paul says gold could go to infinity!
- Gold hits $1300 and silver surges to 3-month highs!
- FPSA banks preparing to charge customers for deposits!
- Teen unemployment in major FPSA cities tops 50 percent!
- FPSA GDP contracts for first time in 3 years!
- USDA warns of sticker shock on beef as grilling season starts!
- Worst start for existing home sales since 2007!
- Expect more cities to go bankrupt!
- Russia on the verge of dealing massive blow to the petrodollar!
- Economic cycle theorists predict pure hell for FPSA!
- The Amerikan middle class is no longer the world’s richest!
- Number of middle age Kalifornians living with their parents soars!
- McDonald's customer traffic nosedives!
- Existing home sales drop to lowest figure in two years!
- 86 million full-time private-sector workers sustain 148 million benefit takers!
- Data show millions of Amerikans falling out of the workforce!
- Labor force participation hits record low for Amerikans in their 20s!
- BIS says global debt exceeds $100 trillion as governments binge!
- Chinese government calls for global currency to replace FPSA dollar!
- 36 FPSA cities in 20 states abandon the dollar!
- Argentina powerless as economy plummets!
- China surpasses FPSA as world's largest trading nation!
- IMF warns of savings tax and mass write-offs as West's debt hits 200-year high!
- Wall Street advisor recommends guns, ammo for protection in collapse!
- The most homeless children in New York City since the Great Depression!
- 41 percent of net new jobs in November were in government!
- Holiday shopping season off to a horrible start!
- Greece says no deal with debt inspectors!
- Brazil raises interest rate to 10 percent as it battles inflation!
- Pending home sales collapse at fastest pace in two years!
- China announces that it is going to stop stockpiling dollars!
- Governor cancels food stamps for those suspected of wrongdoing!
- Asian shares try to find footing after tumble!
- Number of Amerikans not in labor force climbs to new record!
- Benefits for 47 million food stamp recipients to be cut back on November 1!
- City that declared bankruptcy is again mired in pension debt!
- Under Obama earnings are way down and poverty has increased!
- FPSA extreme poverty on the rise!
- Dow closes down 225 as Depression continues!
