Europe’s Troubles Suggest Imminent Global Recession
It appears the eurozone has entered a deeper recession than the one caused by the 2008 financial crisis. The eurozone’s unemployment rate now stands at 10.7 percent, half a percentage point higher than...
View ArticleStudent loan debt continues to climb -– US economy feared to be shaken again
Due to the economic recession in the United States, the Americans find it very much difficult to get suitable jobs after they complete their education. As such, they are unable to pay off their student...
View ArticleEconomic Impact of Terrorist Attacks Fifteen Times Higher Than Previously...
A new study estimates that a terrorist attack involving the detonation of a dirty bomb in downtown Los Angeles would cost the area $16 billion, mostly in lost revenue. By contrast, the immediate cost...
View ArticleIf I wanted America to Fail…
Written by Morgan Kennedy It turns out it wouldn’t be so hard to bring America to it’s knees economically, at least that is the viewpoint expressed in this video from Free Market… Simply restrict,...
View ArticleRecord High: 42% Scared They’ll Lose Their Money Due To Bank Failure
Many Americans worry about the strength and stability of the United States banking system according to a new Rasmussen Reports national survey. From June 10-11, 2012, the automated survey asked 1,000...
View ArticleWe Are Living in a ‘Modern-Day Depression,’ says David Rosenberg
In this video, David Rosenberg, chief economist for Gluskin Sheff, explains why the current economy has analysts so puzzled. The United States economy is not heading into the second dip of a...
View ArticleSan Bernardino Joins Growing List of Bankrupt Cities
It’s beginning to look like a trend. San Bernardino has become the latest California city to file bankruptcy, joining the growing number of cities in the state that have become overwhelmed by...
View ArticleSchiff Predicts Massive Financial Collapse Worse than 2008
Peter Schiff, the author of the 2007 book “Crash Proof,” which accurately predicted the financial downturn of 2008, has struck again. In his new book, the author, who is the CEO and Chief Global...
View ArticleWorst. Anniversary. Ever. 100 Years of the Federal Reserve.
Written by Morgan Kennedy. I know that technically the Federal Reserve was established in 1913, making me more than a little premature in the anniversary department, but the way things have been going...
View ArticlePeter Schiff Warns About Incoming “Fiscal Cliff”
Peter Schiff, who was known as “Dr. Doom” for his accurate predictions of the 2008 housing market collapse, warns that the United States’ current fiscal policy could push the country over a “financial...
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