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2020 Is An Economic Nightmare – And Things Just Got Even Worse

2020 Is An Economic Nightmare – And Things Just Got Even Worse

Subscribe More than a million Americans were not supposed to be losing their jobs every week by the time we got to the middle of August.  By now, vast hordes…

The economic collapse is still on & poppin’…World’s largest offshore rig owner files bankruptcy

The economic collapse is still on & poppin’…World’s largest offshore rig owner files bankruptcy

© Pexels.com / Zukiman Mohamad Follow RT onUK-based offshore drilling contractor Valaris has filed for bankruptcy protection in the United States, offering creditors to swap some $6.5 billion of its…

Worst Inequality Ever as Central Banks Print the World Into Financial Instability

Worst Inequality Ever as Central Banks Print the World Into Financial Instability

Warren Buffett’s gold grab alarms market

Warren Buffett’s gold grab alarms market

10% Of Las Vegas Renters Facing Evictions, Record Money Supply Growth Hits 22%, Inflation Warning

10% Of Las Vegas Renters Facing Evictions, Record Money Supply Growth Hits 22%, Inflation Warning

More Than 1.1 Mln US Workers File Jobless Claims Amid Fight Over Stimulus, Labor Dept. Says

More Than 1.1 Mln US Workers File Jobless Claims Amid Fight Over Stimulus, Labor Dept. Says

WASHINGTON (Sputnik) – Just over 1.1 million Americans filed for jobless benefits last week, the Labour Department said on Thursday, even with no certainty on when they would be paid…

Endgame for America: Dollar literally a BOMB that could go off any day, warns Peter Schiff

Endgame for America: Dollar literally a BOMB that could go off any day, warns Peter Schiff

© Getty Images / cherezoff The scale of money printing in the United States is unprecedented, says veteran stockbroker Peter Schiff. The deficits are “through the roof and the government is spending…

Worst financial crash coming: ‘US is the LARGEST DEBTOR NATION in the history of the world’ – legendary investor Jim Rogers

Worst financial crash coming: ‘US is the LARGEST DEBTOR NATION in the history of the world’ – legendary investor Jim Rogers

While monetary stimulus may have provided short-term relief to the financial markets, the enormous amount of debt created as a result will create negative consequences for the economy in the…

Australia’s big four banks remove thousands of ATMs and shut down hundreds of branches as the coronavirus crisis pushes nation closer to a cashless society

Australia’s big four banks remove thousands of ATMs and shut down hundreds of branches as the coronavirus crisis pushes nation closer to a cashless society

At least 2150 ATM terminals removed across Australia in the recent June quarterAustralia’s big four banks shut up a combined 175 branches in the last 12 monthsSparked by COVID-19 as…

US Fed officials expect virus will ‘weigh heavily’ on economy

US Fed officials expect virus will ‘weigh heavily’ on economy

US Federal Reserve Chairman Jerome Powell (File photo) US Federal Reserve officials had expressed concern at their latest meeting over the future of the country’s economy amid the coronavirus pandemic,…

Banks will fail, GET OUT of FIAT, economist tells RT’s Keiser Report

Banks will fail, GET OUT of FIAT, economist tells RT’s Keiser Report

In the latest episode of Keiser Report’s annual Summer Solutions series, Max and Stacy talk about the big moves in gold prices and the signals that the US dollar’s days…

Apple surpasses $2 TRILLION, doubling in value in TWO years. It’s INSANE, amid the worst depression ever, and it will end badly

Apple surpasses $2 TRILLION, doubling in value in TWO years. It’s INSANE, amid the worst depression ever, and it will end badly

FILE PHOTO © REUTERS/Mike Segar/File Photo Follow RT onAs the stock prices of the big five technology companies rise beyond irrational valuations, something is wrong. Retail buyers have gone ‘all…

The Total Collapse Of Businesses Is Shocking

The Total Collapse Of Businesses Is Shocking

The total collapse of businesses is shocking. Look At The Total Collapse Of Businesses (King World News) – Gerald Celente:  Each week we highlight how the COVID War waged by politicians has destroyed…

Food Inflation Surges With Medical Care Costs, Collapse In Foot Traffic Reveals No V-Shape Recovery

Food Inflation Surges With Medical Care Costs, Collapse In Foot Traffic Reveals No V-Shape Recovery

ECONOMIST: TOTAL JOBS LOST IN LOUISIANA DUE TO CORONAVIRUS NOW NEARLY DOUBLE TOTAL LOST FROM KATRINA

ECONOMIST: TOTAL JOBS LOST IN LOUISIANA DUE TO CORONAVIRUS NOW NEARLY DOUBLE TOTAL LOST FROM KATRINA

The total number of jobs in Louisiana dropped by 11% in the first half of this year due to COVID-19, a mark that is nearly double the jobs lost due…

The Bankruptcy Wave Hits 3,600 Bankruptcies, FHA Mortgage Delinquency Hits Highest Level In History

The Bankruptcy Wave Hits 3,600 Bankruptcies, FHA Mortgage Delinquency Hits Highest Level In History

Housing Crash 2.0: Mortgage Delinquencies Have Never Risen This Fast In US History

Housing Crash 2.0: Mortgage Delinquencies Have Never Risen This Fast In US History

 Michael Snyder If our economic numbers were going to improve substantially, now would be the time for it to happen.  The COVID-19 pandemic seems to have hit a plateau for…

Supermarket Shock: Crisis In America’s Food Supply | Sneak Peek | CNBC Prime

Supermarket Shock: Crisis In America’s Food Supply | Sneak Peek | CNBC Prime

Legend Pierre Lassonde – Warren Buffett Just Signaled To The World To Buy Gold

Legend Pierre Lassonde – Warren Buffett Just Signaled To The World To Buy Gold

On the heels of Warren Buffett buying a stake in the gold sector, today legend Pierre Lassonde told King World News that Buffett just signaled to the world to buy…

NYC and San Francisco housing markets drop off the covid cliff: Property prices fall and rentals lie empty as pandemic restrictions wreck both cities and buyers head for the exits

NYC and San Francisco housing markets drop off the covid cliff: Property prices fall and rentals lie empty as pandemic restrictions wreck both cities and buyers head for the exits

New York City and San Francisco have seen housing prices fall and homes linger on the market for longer amid the COVID-19 pandemic as demand for rental properties in US…

Legendary investor George Soros says the stock market is trapped in a Fed-fueled liquidity bubble

Legendary investor George Soros says the stock market is trapped in a Fed-fueled liquidity bubble

Reuters The stock market’s rally is trapped in a Federal Reserve-formed liquidity bubble, the billionaire investor George Soros said in an interview with the Italian newspaper La Repubblica.Valuations rest on hopes…

Stock market looks like ‘hapless Wile E. Coyote, running off the edge of a cliff,’ says behavioral economist

Stock market looks like ‘hapless Wile E. Coyote, running off the edge of a cliff,’ says behavioral economist

By Mark DeCambre ‘ Never before have I seen a market so highly valued in the face of overwhelming uncertainty,’ says GMO’s Montier Market on the edge of the abyss? ZUMA PRESS…

HERE’S WHY THE “IMPOSSIBLE” ECONOMIC COLLAPSE IS UNAVOIDABLE

HERE’S WHY THE “IMPOSSIBLE” ECONOMIC COLLAPSE IS UNAVOIDABLE

This is why denormalization is an extinction event for much of our high-cost, high-complexity, heavily regulated economy. A collapse of major chunks of the economy is widely viewed as “impossible”…

Greyerz – The Shocking Truth About Warren Buffett’s Investment In Gold And The Real Reason Why He Did It

Greyerz – The Shocking Truth About Warren Buffett’s Investment In Gold And The Real Reason Why He Did It

Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals discussed the shocking truth about Warren Buffett’s investment in gold and…

CAUTION: You Won’t Believe What Is Happening With Inflation, Plus The Public Is Very Fearful, Despite Stimulus

CAUTION: You Won’t Believe What Is Happening With Inflation, Plus The Public Is Very Fearful, Despite Stimulus

As the gold and silver markets continue to digest this year’s huge gains, you won’t believe what is happening with inflation, plus the public is very fearful, despite stimulus. KWN…

Gerald Celente – “The Future That I See Is Hell On Earth”…

Gerald Celente – “The Future That I See Is Hell On Earth”…

Today top trends forecaster Gerald Celente that the future he sees is “hell on earth”… “Hell On Earth”August 15 (King World News) – Gerald Celente:  “The future that I see is hell on…

Commercial Real Estate Crisis, Retail Bankruptcy, Vacancy, Delinquency Soars, Mall Landlords Crushed

Commercial Real Estate Crisis, Retail Bankruptcy, Vacancy, Delinquency Soars, Mall Landlords Crushed

Rosy US unemployment numbers could suddenly become a lot darker next month, Rick Sanchez tells Boom Bust

Rosy US unemployment numbers could suddenly become a lot darker next month, Rick Sanchez tells Boom Bust

The US has registered the lowest number of weekly initial jobless claims since mid-March. They have fallen below one million for the first time since the Covid-19 pandemic began. Boom…

Make no mistake, fundamentals for gold are ‘most bullish in history’ – Peter Schiff

Make no mistake, fundamentals for gold are ‘most bullish in history’ – Peter Schiff

Get short URL © Getty Images / rclassenlayouts Follow RT onThe price of gold dropped below the $2,000 level this week, in its worst single-day rout in seven years. That’s typical for…

53% Of Small Businesses Expect To Fail Without Assistance, Owners Turn To Credit Cards To Survive

53% Of Small Businesses Expect To Fail Without Assistance, Owners Turn To Credit Cards To Survive

CORAL GABLES, FL – NOVEMBER 21: People walk past a closing sign outside an electronic store holding a going-out-of-business November 21, 2008 in Coral Gables, Florida. With the economy continuing…