Tag Archive | depression
The Tunnel People That Live Under The Streets Of America
By Michael Snyder April 9th, 2013 Did you know that there are thousands upon thousands of homeless people that are living underground beneath the streets of major U.S. cities? It is happening in Las Vegas, it is happening in New York City and it is even happening in Kansas City. As the economy crumbles, poverty […]
A World’s Record: More Than 30% of U.S. Population Unemployed
A World’s Record: More Than 30% of U.S. Population Unemployed
15 Signs That You Better Get Prepared For The Obama Recession Of 2013
By Michael Snyder January 31st, 2013 You better get ready, because there are a whole host of signs that economic trouble is on the horizon. U.S. economic growth slipped into negative territory during the fourth quarter of 2012. That was the first time that has happened in more than three years. Several important measures of […]
Say Goodbye To The Good Life
By Michael Snyder December 24th, 2012 Will this be the last normal holiday season that Americans ever experience? To many Americans, such a notion would be absolutely inconceivable. After all, in the affluent areas of the country restaurants and malls are absolutely packed. Beautiful holiday decorations are seemingly everywhere this time of the year and […]
Black Friday Mirage Hides U.S. Retail Depression
Every year it’s the same “song and dance” from the U.S. propaganda machine. Right after the “Black Friday” post-Thanksgiving shopping-orgy in the U.S.; the numbers will be twisted to supposedly show that the U.S. retail sector is strong-and-healthy. That’s immediately followed by a rousing chorus of “happy days are here again.” Then, once the dust […]
Record Breaker: Long-Term Unemployment Over 40%
By M. Frank Drover The Daily Sheeple November 3rd, 2012 Not only are jobs being destroyed in America on a daily basis, but once those jobs are lost it is becoming harder and harder to create new ones. The official unemployment rate hovers around 8%, but it doesn’t tell the whole story. If you lose your […]
Warning Signs: FedEx To Slash Thousands of Jobs Citing “Weak Global Economic Conditions”
Mac Slavo October 11th, 2012 SHTFplan.com One key measure of global economic health is how much freight – raw materials and manufactured goods – is being shipped around the world and in the United States. In July of this year the Balctic Dry Index, a measure of the price to pay for the movement of […]
14 Signs That The World Economy Is Getting Weaker
The United States is not the only one with massive economic problems right now. The truth is that just about wherever you look around the globe things are getting even worse. China is experiencing a substantial economic slowdown, and Japan has resorted to yet another round of money printing in an effort to keep the […]
Obama Has Stolen $5.3 Trillion From Our Children In Order To Make Himself Look Good
Barack Obama has destroyed the future of America in order to improve his chances of winning the next election. Under Obama, 5.3 trillion dollars has been ruthlessly stolen from our children and our grandchildren. That money has been used to pump up the debt-fueled false prosperity that we have been experiencing. When the U.S. government […]
It Is Not Just Your Imagination ~ American Families ARE Getting Poorer
Did you know that median household income in the United States is lower today than it was when the last recession supposedly ended? If we are in the middle of an “economic recovery”, how can this possibly be happening? Stunning new statistics compiled by Sentier Research show that the U.S. economy is not nearly as healthy as […]
Real Simple Math Puts The Real US Unemployment Rate At 49%
According to the Bureau of Labor Statistics there were approximately 163,000 private industryjobs created in the U.S. in July, and the unemployment rate is 8.3 percent. Those figures, however, do not accurately depict the reality of the unemployment rate in the U.S. today. The government’s most widely publicized unemployment rate takes into account only those who are collecting unemployment benefits and actively […]
11 Things That Can Happen When You Allow Your Country To Become Enslaved To The Bankers
Why are Greece, Spain, Italy, Portugal and so many other countries experiencing depression-like conditions right now? It is because they have too much debt. Why do they have too much debt? It is because they allowed themselves to become enslaved to the bankers. Borrowing money from the bankers can allow a nation to have a […]
14 Questions People Ask About How To Prepare For The Collapse Of The Economy
How in the world is someone supposed to actually prepare for an economic collapse? What should you do with your money? How can you make sure that your family is going to be okay? How can you prepare if your resources are extremely limited? These are the kinds of questions people ask me all the […]
17 Reasons Why Those Hoping For A Recession In 2012 Just Got Their Wish
If you were hoping for a recession in 2012, then you are going to be very happy with the numbers you are about to see. The U.S. economy is heading downhill just in time for the 2012 election. Retail sales have fallen for three months in a row for the first time since 2008, manufacturing […]
12 Signs That Spain Is Shifting Gears From Recession To Depression
Where have we seen this before? Bond yields soar above the 7 percent danger level. Check. The stock market crashes to new lows. Check. Industrial activity plummets like a rock and the economy contracts. Check. The unemployment rate skyrockets to more than 20 percent. Check. The bursting of a massive real estate bubble pushes the […]
12 Signs That The Next Recession In The United States Has Already Begun
Is the U.S. economy in a recession right now? Has the next recession in the United States already begun? Unfortunately, there are a lot of economic numbers that are pointing in that direction. U.S. retail sales have fallen for three months in a row, U.S. manufacturing activity is contracting and there are numerous indications that […]
Scenes Of Despair
Sometimes it can be easy to forget that behind all of the horrible economic numbers that we hear about are millions of real people that have had their lives absolutely devastated by this economy. Elderly couples are being brutally evicted from their homes, young families are living in their cars, terminally ill people are dying […]
There Will Never Be Enough Jobs In America Again
Well, we just had another bad jobs report. The U.S. economy created just 80,000 new jobs during the month of June. Normally, about 125,000 new jobs need to be created every month just to keep up with population growth. So it is a bit odd that the official unemployment rate did not rise above 8.2%. […]
Disintegration: What It Looks Like When a Nation Collapses
Whether the system is going to collapse is not the question. Most informed individuals understand that out of control spending fueled by trillions of dollars in debt, unprecedented monetary expansion and ever increasing dependence on a government social safety net overburdened by millions of people in need of essential services can not be sustained forever. For many […]
The Mancession: 16 Signs That This Economic Decline Is Sucking The Life Out Of The American Male
The Economic Collapse This economic decline has been really hard on everyone, but it has been particularly hard on American men. During the last recession male employment dropped like a rock and it has not recovered much at all since then. That is why many referred to the last recession as a “mancession”. Industries where […]
19 Reasons Why It Is Time To Start Freaking Out About The Global Economy
Yes, it is officially time to start freaking out about the global economy. The European financial system is falling apart and it is going to go down hard. If Europe was going to be saved it would have happened by now. The big money insiders have already pulled their funds from vulnerable positions and they […]
