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U.S. Unemployment by the Numbers: How Bad Is It Hurting?
" Reports More people are unemployed in America than live in Ohio or go to church in Texas. Unemployment statistics don’t usually leap off the page, but the latest report from the Department of Labor offers some astounding figures. More than 651,000 jobs were cut in... Trend Alert: U.S. Has Entered “The Greatest Depression”
" Paul Joseph Watson Tuesday, March 3, 2009 Trends research analyst Gerald Celente, who has risen in prominence on the back of his deadly accurate economic predictions, says that the collapse of financial markets heralds the start of “The Greatest Depression”. In his... Fresh evidence points to paralysis of global economy
"Data from US and Japan triggered fears that the downturn has turned into the worst slump since the 1930s! Larry Elliott, economics editor guardian.co.uk The sharpest contraction in US growth for more than a quarter of a century, a collapse in Japanese factory output and an... US 'in a recession' say forecasters
The US economy is already in a recession and is likely to stay that way for a while, according to a survey of forecasters from the National Association for Business Economics (NABE).It's the latest pessimistic forecast emanating from the global financial crisis in the past... GM's gloomy YouTube video on economic impact of auto industry collapse
In reaction to the swelling controversy surrounding bailout type funding of the the auto industry GM has posted a gloomy YouTube video outlining the economic impact of a full-scale auto industry collapse. ... The Danger Lurking Behind Obama’s Tax Policy
Following an historic election, we take a moment to examine just what an Obama presidency will mean to the United States - what we have to look forward to, and how he will deal with our current economic situation. And according Jim Davidson, some of the numbers just don’t... Crude Oil Futures Long Positions has shruck as Fund managers flee
Crude Oil Futures Long Positions has shruck as Fund managers flee The Nov NYMEX Crude oil futures contract opened at $106.89, near the high, but closed down at $96.37, near the low ($95.04), on a couple of big factors, the first of which is imminent recession in the US.The...
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