Economic
If Everything Is Just Fine, Why Are So Many Really Smart People Forecasting Economic Disaster?
The parallels between the false prosperity of 2007 and the false prosperity of 2014 are rather striking. If we go back and look at the numbers in the fall of 2007, we find that the Dow set an all-time high in October, margin debt on Wall Street had spiked to record levels, the unemployment rate was below 5 percent and Americans were getting ready to spend a record amount of money that Christmas season. But then the very next year the worst economic crisis since the Great Depression shook the entire planet and everyone wondered why most people never saw it coming.
National Economic Suicide: The U.S. Trade Deficit With China Just Hit A New Record High
Did you know that we buy nearly five times as much stuff from the Chinese as they buy from us? According to government numbers that were just released, we imported 44.9 billion dollars worth of stuff from China in September but we only exported 9.
Most People Cannot Even Imagine That An Economic Collapse Is Coming
The idea that the United States is on the brink of a horrifying economic crash is absolutely inconceivable to most Americans. After all, the economy has been relatively stable for quite a few years and the stock market continues to surge to new heights. On Friday, the Dow and the S&P 500 both closed at brand new all-time record highs.
Europe Is Flirting With A Bizarre New Kind Of Economic Meltdown That Hasn’t Been Seen Since The 1930s
Inflation is crumbling across Europe. In fact, in several countries, it’s already negative. Economists are increasingly worried that the whole continent is going to drop into deflation.
World Bank issues dire warning about Ebola’s economic impact
The economic impact of the Ebola epidemic could reach $32.6 billion by the end of next year if the disease ravaging Guinea, Liberia and Sierra Leone spreads to neighboring countries in West Africa, the World Bank Group said Wednesday. The World Bank’s assessment said the economic impact of Ebola is already serious in the three countries and could be catastrophic if it becomes a more regional health crisis.
The Economic Implications Of A Potential Ebola Pandemic In The United States
For the moment, our top public health officials are quite adamant that there absolutely will not be a major Ebola outbreak in the United States. But what if they are wrong? Or what would happen if terrorists released a form of weaponized Ebola or weaponized smallpox in one of our major cities?
News Pelosi: When ‘Obama Won the Election, He Took Us Out of That [Economic] Brink’
At the Americans United rally “Hands Off Social Security & Medicare” at the Capitol on Thursday, House Minority Leader Nancy Pelosi (D-Calif.) blamed Republicans for the economic recession of 2007-09, saying their “lack of regulation and supervision took our country to the brink, and so when President Obama won the election, he took us out of that brink.” “I know you’ve heard from many members of the House and Senate about the importance of the three pillars of security for America’s seniors:
McDonald’s Monthly Sales Slump Worst Since 2003
McDonald’s Corp. (MCD), the world’s largest restaurant chain, posted the worst same-store sales decline in more than a decade, hurt by sluggish demand in the U.S.
Small Business Ownership In The U.S. Has Dropped To The Lowest Level Ever Recorded
According to the Federal Reserve, the percentage of American families that own a small business is at the lowest level that has ever been recorded. In a report that was just released entitled “Changes in U.S.
