by Tyler Durden The latest economic data suggest the US recovery stalled. One look at the Citi US econ surprise index, as of this week, shows the recovery ran out of steam last month. A fiscal…
By Author1 – Zero Hedge: This week, while perusing the Federal Reserve’s balance sheet figures, we came across a rather curious note. We don’t know how long the Fed’s had this note posted…
© Pexels.com / Chris Schippers Follow RT onThe UK officially entered recession after its economy contracted more than any major European country during Covid-19 lockdown. Its GDP plummeted 20.4 percent…
The virus-induced recession has resulted in deep economic scarring that will be seen for years. Tens of millions of Americans remain unemployed, broke, and hungry. US bankruptcies of large companies are…
…
Are you, like us, sensing that things are poised to fall apart?by Chris MartensonFriday, August 7, 2020, 9:00 PM Do you sense an approaching endgame? Like there’s another heavy shoe…
by Michael Snyder Subscribe Most of us have never experienced anything like this in our entire lifetimes. Fear of COVID-19, endless civil unrest in major U.S. cities and a whole host of other…
The state of the New York City restaurant industry is in dire straits. July proved to be another disastrous month for restaurants, bars, and nightlife establishments across the city with a majority…
Get short URL © Getty Images / imagedepotpro Follow RT onProduction disruptions caused by the Covid-19 outbreak could cost the global economy twice as much as a hypothetical global military…
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned investors to expect a crisis in world stock markets, global…
You may have noticed that a lot of people get offended by what I write. It is not something that I am purposely setting out to do, and I actually…
By Danielle Wiener-Bronner, CNN Business New York (CNN Business)Grocery prices have skyrocketed during the coronavirus pandemic. That has Americans spending more at the supermarket than they have in years.Prices are spiking —…
…
by Michael Snyder You may have noticed that food prices have started to go up very aggressively. I repeatedly warned my readers that this is precisely what would happen, and more…
© Pixabay.com Follow RT onAfter a grim Q2 season for Big Oil, the world’s third-most valuable energy company is warning that 20% of the world’s oil and gas reserves may…
The number of new unemployment insurance claims in the United States has improved marginally for the week ending August 1, with 1.186 million initial jobless claims. That’s down from the…
Gold prices have reached a new milestone, topping $2,000 for the first time ever. Still, most people don’t really understand the significance of the rise and what it means for…
Posted byKlark Jouss The forces are mounting that will eventually overwhelm most Americans and send their standard of living to unknown depths. Americans that have only known the post WWII…
Get short URL California residents protest looming wave of evictions © Reuters / Mike Blake Follow RT onMillions of Americans face homelessness with the expiration of the federal Covid-19 eviction…