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T.H.E.M.
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Let’s Hope That The Irrational Optimists Will Be 100 Percent Correct About 2023
by Michael I hope that I am wrong about our immediate economic future, and I hope that all of the other respected voices that are warning of economic doom in 2023…
The Year When Everything Started To Fall Apart
by Michael It amazes me that so many people still cannot understand what is happening. 2022 was supposedly going to be a year when America entered a new golden age of…
Wall Street wraps up worst year since 2008 financial crisis
Major US indices had a tough 2022, posting their biggest yearly losses in over a decade © Getty Images / Michael Lee US stocks dropped on Friday as investors made their final…
Pending Home Sales CRATER As Bond Selloff Worsens. Stocks Fall As RISK INCREASES.-Greg Mannarino
MIAMI, FL – MAY 27: A “For Sale” sign sits in front of a new home May 27, 2004 in Miami, Florida. According to the Commerce Department new home sales…
The “Mega-Bubbles” Have Started To Burst, And That Could Mean Unprecedented Financial Chaos Is Ahead
by Michael The Federal Reserve giveth, and the Federal Reserve taketh away. In a desperate attempt to help the U.S. economy recover from the horrific economic crisis of 2008 and 2009,…
Nearing The Final Days Of 2022 …
Heading into the last few days of 2022… Nearing The Final Days Of 2022 …December 27 (King World News) – Michael Oliver at MSA Research: … and lessons that investors in all…
The largest trucking companies that went bankrupt in 2022 freight recession
The largest trucking bankruptcy was a Postal Service carrier Rachel Premack and Clarissa Hawes· Trucking saw a downturn in 2022. (Jim Allen/FreightWaves) It’s been a rough year for the trucking industry following…
Over the Hill and Not out of the Woods we Go!
Another sleigh ride today for stocks with plenty of tumult for Tesla as Zero Hedge noted: Shit’s getting real in equity-land as this morning’s selling pressure has turned into a blood-soaked sea…
Buckle Up For The Most Severe Economic Downturn In History
As we head into 2023, people need to buckle up for the most severe economic downturn in history. Red AlertDecember 23 (King World News) – Otavio Costa: The percentage of inversions in…
15 Facts Which Prove That A Massive Economic Meltdown Is Already Happening Right Now
by Michael Economic conditions just keep getting worse. As we prepare to enter 2023, we find ourselves in a high inflation environment at the same time that economic activity is really…
IT’S GOING TO GET WILD: Something Big Is In The Works
It’s about to get wild, something big is definitely is in the works. Something Big Is In The WorksDecember 21 (King World News) – Simon Mikhailovich: Feels like something big in the…
EU Energy Crisis result of war in Ukraine with the worst yet to come
Model of natural gas pipeline, EU and Russia flags, July 18, 2022. REUTERS/Dado Ruvic/Illustration/FIle Photo Skyrocketing energy prices have cost Europe nearly $1 trillion according to a recently published report…
Financial risks grow in shadowy corner of markets, worrying Washington
Story by David J. Lynch As rising interest rates shake financial markets, dangers are growing in what is known as the shadow banking system of largely unregulated institutions that provide…
Elon Musk: Auto Loans Could Be Source of ‘Biggest Financial Crisis Ever’
Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant near Gruenheide, Germany, on March 22, 2022. (Christian Marquardt – Pool/Getty Images) By Liam…
Public Being Squeezed As Credit Card Rates Hit 19.4%, Plus This Is Not The End Of The Great Inflation
The public is being squeezed as credit cards rates hit 19.4%, plus this is not the end of the Great Inflation. This Is Not The End Of The Great InflationDecember…
What Is Happening In The Housing Market Is Jaw-Dropping
What is happening in the housing market is jaw-dropping. December (King World News) – Gerald Celente: It’s not just retailers discounting their merchandise these days. As the housing market slumps, Lennar, the second-largest…
DOW PLUNGES 900 POINTS: As The Global Financial System Begins To Break The Collapse Will Be Sudden
On the heels of the Dow plunging over 900 points at one point during today’s trading session, as the global financial system begins to break the collapse will be sudden.…
Investment guru projects ‘worst economic problems in lifetime’
Ballooning global debt will cause a severe recession in the next two or three years, Jim Rogers says © Global Look Press / Brian Cahn/ZUMAPRESS.com The world should brace for serious economic…
A Wall Street Bank Is Warning That Millions Of Americans Will Lose Their Jobs In 2023
by Michael Is your job secure? Over the past couple of years, American workers generally didn’t need to be concerned about job security. Even if someone got fired unexpectedly, it was…
Panic In Real Estate And Car Markets But There Is Another Surprise
We are now seeing panic in the real estate and car markets but there is another surprise. More Rate Hikes This WeekDecember (King World News) – Peter Boockvar: We’re not just getting…
Economists like Nouriel Roubini are starting to fret about a US debt crisis as interest rates rise – here’s why it’s the latest issue rattling markets
George Glover Economists have started fretting Economists are starting to worry about the sustainability of high levels of debt as global interest rates rise sharply.A credit crunch could fuel “the…
Greyerz – The World Is Now On The Edge Of A Catastrophe Never Seen In History
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News the world is now on the edge…
Household wealth down by $13.5 trillion in 2022, second-worst destruction on record
By Rex Nutting comments The bear market in stocks and rapid inflation eroded the real wealth of American households during the first three quarters of 2022 Referenced Symbols Listen to articleLength5 minutesSecond…
US Investor Rogers Warns of ‘Worst Economic Problems in Lifetime’ in 2-3 Years
© AP Photo / Marcio Jose Sanchez WASHINGTON (Sputnik) – US investment guru Jim Rogers told Sputnik that the world should brace for serious economic challenges in the next two-three…
Hundreds Of Thousands Of U.S. Homeowners Are Now Underwater On Their Mortgages As The Housing Crash Accelerates
by Michael Here we go again. When the housing market crashed in 2008 and 2009, large numbers of U.S. homeowners ended up owing more on their mortgages than their homes were…
More Americans pulling from 401(k) funds amid inflation
by DEE DEE GATTON | The National Desk FILE – U.S. $100 bills are seen on July 14, 2022, in Marple Township, Pa. Giving Tuesday raised $3.1 billion in 24 hours…
The Bubble Economy’s Credit-Asset Death Spiral
Who believed that central banks’ financial perpetual motion machine was anything more than trickery designed to generate phantom wealth? Central banks seem to have perfected the ideal financial perpetual motion machine: as credit expands, money…
Remote-Work Revolution Has Wiped Out $453 Billion In Commercial Real Estate Value
BY TYLER DURDENTHURSDAY, Leading up to the Covid-19 pandemic, roughly 95% of commercial office space was occupied across the United States, according to US National Bureau of Economic Research (NBER) – a…
Half of US Companies That Announced Layoffs Unlikely to Survive Restructuring, Expert Says
CC0 / / WASHINGTON (Sputnik) – Nearly half of the companies that announced mass layoffs may not survive the restructuring, an analyst told Sputnik, adding that Meta* and Twitter are in…
‘Powell recession’ looms as indicator shows near-100% odds of downturn
Federal Reserve Board Chair Jerome Powell. The NY Fed’s Recession Probability model is flashing alarms for an incoming downturn, with odds at 38%.But given how reliable the indicator is, that’s…