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ON THE DESTRUCTION OF THE WORLD ECONOMY BY THE CENTRAL BANKS

ON THE DESTRUCTION OF THE WORLD ECONOMY BY THE CENTRAL BANKS

For years, we have been warning about dire consequences if central banks continue to meddle in the economy and financial markets. In December 2013, we wrote There is a serious possibility that the measures…

We’re sinking on the ‘global financial Titanic’ that hit iceberg in 2008 – Max Keiser

We’re sinking on the ‘global financial Titanic’ that hit iceberg in 2008 – Max Keiser

© Pixabay.com Follow RT onThe hosts of the Keiser Report discuss the $2.2 trillion coronavirus relief package passed by the US House, which includes a complete ban on eviction and…

Stock market today looks like the dot-com bubble, says legendary tech investor Bill Gurley

Stock market today looks like the dot-com bubble, says legendary tech investor Bill Gurley

© Pixabay.com / Sally Wynn Follow RT onThe technology sector’s strong run since its March lows resembles the 1999 tech boom that preceded the dot-com bubble burst, said Bill Gurley,…

Cineworld to close all US & UK movie theaters this week, putting 45,000 jobs at risk

Cineworld to close all US & UK movie theaters this week, putting 45,000 jobs at risk

FILE PHOTO: Cineworld in Leicester’s Square, London, Britain © Reuters / Henry Nicholls Follow RT onThe world’s second-largest cinema operator, Cineworld, finally confirmed on Monday that its movie theaters in…

Covid-19 pushing global economy ‘over the cliff’ – business leaders warn G20

Covid-19 pushing global economy ‘over the cliff’ – business leaders warn G20

© Getty Images / Stijn Dijkstra / EyeEm Follow RT onThe global business community has warned that G20 countries need urgent reforms to alleviate the impact of the coronavirus pandemic…

$9 Trillion in Stimulus Injections: The Fed’s 2020 Pump Eclipses Two Centuries of USD Creation

$9 Trillion in Stimulus Injections: The Fed’s 2020 Pump Eclipses Two Centuries of USD Creation

Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations. A recently published investigative report shows the U.S.…

Millions of US jobless desperate after 7 months of lockdown

Millions of US jobless desperate after 7 months of lockdown

Ramin MazaheriPress TV, Chicago A “Great Lockdown” which was advertised to last only three weeks in the United States is now nearing seven uneven months, and its economic toll is…

US trade deficit in August hits record high since 2006

US trade deficit in August hits record high since 2006

People walk by the New York Stock Exchange (NYSE) in lower Manhattan on October 02, 2020, in New York City. (Photo by AFP) Official data show that the US trade…

‘Demoralizing’ aviation layoffs may jeopardize another 10 million jobs outside industry – Allied Pilots Association spokesman

‘Demoralizing’ aviation layoffs may jeopardize another 10 million jobs outside industry – Allied Pilots Association spokesman

FILE PHOTO: Pilots look at the tail of an American Airlines aircraft at Dallas-Ft Worth International Airport © Reuters / Mike Stone Follow RT onUS airlines have let go thousands…

Junk Garbage Repackaged Into AAA Investments. Sound Familiar? It’s Happening NOW.

Junk Garbage Repackaged Into AAA Investments. Sound Familiar? It’s Happening NOW.

Markets A Look Ahead: SPECIAL REPORT! Critical Updates. By Gregory Mannarino

Markets A Look Ahead: SPECIAL REPORT! Critical Updates. By Gregory Mannarino

A Dire Warning From Stock Market Bull Gregory Mannarino On The Economy…YOU LOSE.

A Dire Warning From Stock Market Bull Gregory Mannarino On The Economy…YOU LOSE.

Get ready for real-estate bubble to burst, but where?

Get ready for real-estate bubble to burst, but where?

Jobs Report LIES AGAIN! Unemployment, Homeless, and the Inevitable Worthless Dollar

Jobs Report LIES AGAIN! Unemployment, Homeless, and the Inevitable Worthless Dollar

Americans Burn Through A Staggering $724BN In Annualized Savings In August As Stimulus Fades

Americans Burn Through A Staggering $724BN In Annualized Savings In August As Stimulus Fades

As we warned back in June in “‘Look Out Below’: Why The Economy Is About To Fly Off A Fiscal Cliff“, and again last week in “Failure To Launch New Fiscal…

Everywhere You Look There Is Economic Rot…These Two Beloved Pizza Chains Are Close To Bankruptcy

Everywhere You Look There Is Economic Rot…These Two Beloved Pizza Chains Are Close To Bankruptcy

In this current climate, national restaurant chains are filing for bankruptcy more often than ever before, as the financial burden the pandemic has imposed on independent businesses and even corporate giants is…

Major U.S. diocese becomes largest to file for bankruptcy after 200 sexual abuse lawsuits

Major U.S. diocese becomes largest to file for bankruptcy after 200 sexual abuse lawsuits

Major U.S. diocese becomes largest to file for bankruptcy after 200 sexual abuse lawsuits By Anna Sturla, CNN Updated 1940 GMT (0340 HKT) October 1, 2020St. Agnes Cathedral in Rockville…

Fed’s Rosengren says economy is more fragile than data suggests

Fed’s Rosengren says economy is more fragile than data suggests

By Greg Robb Boston Fed president concerned about second wave of COVID-19 Boston Fed President Eric Rosengren is the longest serving of the central bank’s 12 regional bank leaders. BLOOMBERG NEWS/LANDOV Boston…

David Rosenberg: We’re in a depression, not recession — and the scars will take years to heal

David Rosenberg: We’re in a depression, not recession — and the scars will take years to heal

I can assure you that what we face at this very moment is a very uncertain economic futureAuthor of the article: David Rosenberg The economy will not be “business as…

MORE CARNAGE: Take A Look At This Economic Destruction

MORE CARNAGE: Take A Look At This Economic Destruction

Just when you thought there wouldn’t be much more carnage, take a look at this economic destruction. How Bad Is It? (King World News) – Gerald Celente:  How bad is it in the…

Every corporation in America is now on government life support, Professor Wolff tells Boom Bust

Every corporation in America is now on government life support, Professor Wolff tells Boom Bust

Get short URL © Reuters / Fabrizio Bensch Follow RT onThe US economy has suffered its sharpest drop in the second quarter of 2020, with GDP plunging more than 31 percent due…

Mass Layoffs At Shell Amid Demand Collapse, Dow Cut 6%, 2020 Bankruptcies On Course To Break Record

Mass Layoffs At Shell Amid Demand Collapse, Dow Cut 6%, 2020 Bankruptcies On Course To Break Record

Middle-Class Meltdown. UPDATES: Stock Market, Gold, Silver, Crypto, MORE. Mannarino

Middle-Class Meltdown. UPDATES: Stock Market, Gold, Silver, Crypto, MORE. Mannarino

U.S. Retail Bankruptcies and Store Closures Hit Record! Financial System Literally Unravelling

U.S. Retail Bankruptcies and Store Closures Hit Record! Financial System Literally Unravelling

Jim Rogers: ABSOLUTE COLLAPSE! – This Leaves A Huge Burden On All Economies And Populations

Jim Rogers: ABSOLUTE COLLAPSE! – This Leaves A Huge Burden On All Economies And Populations

Amazon, Apple will all go down when we have a big bear market: Jim Rogers

Amazon, Apple will all go down when we have a big bear market: Jim Rogers

Synopsis ‘Throughout history when currencies have been debased and people have lost confidence in governments, they have turned to gold and silver.’ Read more at:https://economictimes.indiatimes.com/markets/expert-view/amazon-apple-will-all-go-down-when-we-have-a-big-bear-market-jim-rogers/articleshow/78359769.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst By Nikunj Dalmia Towards the…

Worst drop EVER: US economy plunges over 31% in second quarter

Worst drop EVER: US economy plunges over 31% in second quarter

US gross domestic product (GDP) fell by a 31.4 percent annualized rate last quarter, marking the steepest drop in output since the government started keeping records in 1947, the Commerce…

$6 TRILLION AND COUNTING: RECORD FEDERAL SPENDING CONTINUES

$6 TRILLION AND COUNTING: RECORD FEDERAL SPENDING CONTINUES

The federal government’s fiscal 2020 year ends today at midnight and federal spending has eclipsed $6 trillion for the first time ever—and that’s without data from September, the final month…

This Explosion Of Bankruptcies And Layoffs In The United States Is Unlike Anything We Have Ever Seen Before

This Explosion Of Bankruptcies And Layoffs In The United States Is Unlike Anything We Have Ever Seen Before

 by Michael Snyder The U.S. economy was supposed to be turning a corner by now, but instead it looks like we are headed for an exceedingly painful winter.  All over the…

UBS advises investors to put money in gold as hedge against economic uncertainty

UBS advises investors to put money in gold as hedge against economic uncertainty

© Pixabay.com Follow RT onThe recent weakness of gold represents a “great entry point for investors” ahead of risk events such as the US election, said UBS Global Wealth Management.…