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Inflation Is About To Accelerate But Then It Will Become Really Terrifying

Inflation Is About To Accelerate But Then It Will Become Really Terrifying

People around the world need to get prepared because inflation is about to accelerate But then it will become really terrifying. Prices Are Going To Rise FastJuly 2 (King World…

VIDEO: The 2020 Economic Crisis. Global Poverty, Unemployment and Despair

VIDEO: The 2020 Economic Crisis. Global Poverty, Unemployment and Despair

By Prof Michel Chossudovsky Global Research We are living one of the most serious crises in modern history.  According to Michel Chossudovsky, the coronavirus pandemic is used as a pretext and a…

Close To Half Of All Working Age Adults In The United States Do Not Have A Job Right Now

Close To Half Of All Working Age Adults In The United States Do Not Have A Job Right Now

by Michael Snyder There is a lot of talk about the “unemployment rate” these days, but the way that it is calculated has become so convoluted that it is not really…

US could ‘change the world’ by devaluing the dollar – hedge fund manager

US could ‘change the world’ by devaluing the dollar – hedge fund manager

US could ‘change the world’ by devaluing the dollar – hedge fund manager There is a shortage of dollars in the global market, according to independent market adviser Hugh Hendry. He…

The daughters of Babylon are suffering deprivation of wealth: As with America, UK economy suffers worst decline in 40 years due to Covid-19 pandemic

The daughters of Babylon are suffering deprivation of wealth: As with America, UK economy suffers worst decline in 40 years due to Covid-19 pandemic

© Reuters / Henry Nicholls Britain’s economy has seen its largest contraction in more than four decades, according to figures from the Office for National Statistics (ONS). The nation’s gross domestic product…

The Fed Is Bailing Out Apple, Microsoft, and Berkshire! Watch THIS To See Full Bailout List

The Fed Is Bailing Out Apple, Microsoft, and Berkshire! Watch THIS To See Full Bailout List

US shale pioneer Chesapeake Energy goes bust under mountain of debt

US shale pioneer Chesapeake Energy goes bust under mountain of debt

US shale pioneer Chesapeake Energy goes bust under mountain of debt Fracking giant Chesapeake Energy has filed for bankruptcy amid soaring company debt driven by the collapse in oil prices.…

V-shaped recovery of financial markets is a myth: They will be destroyed by a credit default tsunami

V-shaped recovery of financial markets is a myth: They will be destroyed by a credit default tsunami

© Mitch Feierstein Follow RT onThe commercial and residential property markets are on the brink of collapse. And central banks’ promise to print unlimited amounts of money will not solve…

Economic Recovery Slows as Covid-19 Cases Spike

Economic Recovery Slows as Covid-19 Cases Spike

MARKETS A LOOK AHEAD: The Wall Street Banks Are Buying NOW. Mannarino

MARKETS A LOOK AHEAD: The Wall Street Banks Are Buying NOW. Mannarino

A man protests outside the New York Stock Exchange October 13, 2008. Governments around the world bet hundreds of billions of dollars to rescue failing banks on Monday, sending world…

Robinhood Users Crushed In Another Bankruptcy, Restaurant Traffic Plummets, 2 Million Could Close

Robinhood Users Crushed In Another Bankruptcy, Restaurant Traffic Plummets, 2 Million Could Close

Any Hope For A “V-Shaped Recovery” Has Been Completely Crushed

Any Hope For A “V-Shaped Recovery” Has Been Completely Crushed

 by Michael Snyder We were supposed to be well into a “recovery” by now, but instead more bad economic news just keeps pouring in.  In fact, the numbers that I am…

State, local governments need billions more in aid to avert 4 million layoffs, Moody’s finds

State, local governments need billions more in aid to avert 4 million layoffs, Moody’s finds

By Associated Press But report also says significantly less money is needed than Democrats are seeking Congress is planning for a fifth stimulus bill since the pandemic hit. ASSOCIATED PRESS WASHINGTON —…

Global economy has lost at least $126 BILLION due to Covid-19 pandemic – ITC report

Global economy has lost at least $126 BILLION due to Covid-19 pandemic – ITC report

© Pexels.com Follow RT onA new survey by the International Trade Centre (ITC) has found that international trade dropped across all four quarters of 2019, with declines intensifying in early…

MASSIVE GOLD SHORT SQUEEZE: “There Is No Escape For Them (The Gold Shorts)”

MASSIVE GOLD SHORT SQUEEZE: “There Is No Escape For Them (The Gold Shorts)”

Is a massive short squeeze at hand in the gold market?  One of the greats in the business just warned, “There is no escape for them (the gold shorts).” Is…

US unemployment during coronavirus crisis surpasses 47 MILLION

US unemployment during coronavirus crisis surpasses 47 MILLION

unemployment line, people out of work looking for a job Another 1.48 million Americans applied for unemployment benefits last week, according to the US Labor Department. Economists expected 1.3 million…

The Crisis of 2020 Hasn’t Even Happened. This Is Only the Beginning.

The Crisis of 2020 Hasn’t Even Happened. This Is Only the Beginning.

The Fourth Bubble – Instability & The Problem Of Debt

The Fourth Bubble – Instability & The Problem Of Debt

Authored by Lance Roberts via RealInvestmentAdvice.com, It didn’t take long. Over the last several years, we have discussed the risk of excessive monetary policy inflating a bubble in a variety…

Stocks Dive As China Threatens (AGAIN) To Exit ‘Phase One’ Deal. Mannarino

Stocks Dive As China Threatens (AGAIN) To Exit ‘Phase One’ Deal. Mannarino

The Secret Is Out: “The Fed Is Busted”

The Secret Is Out: “The Fed Is Busted”

Authored by Sven Henrich via NorthmanTrader.com, First they dismiss you as a conspiracy theorist then they join you. The secret is out, the Fed is busted: Central banks have distorted asset…

140,000 Businesses Still Closed and Many Have Shut Down PERMANENTLY!

140,000 Businesses Still Closed and Many Have Shut Down PERMANENTLY!

‘The money’s gone’: Wirecard collapses owing $4 billion

‘The money’s gone’: Wirecard collapses owing $4 billion

By Arno Schuetze and John O’Donnell FRANKFURT (Reuters) – Wirecard collapsed on Thursday owing creditors almost $4 billion after disclosing a gaping hole in its books that its auditor EY…

The Depression Dominoes Are Toppling

The Depression Dominoes Are Toppling

by Tyler Durden Authored by Charles Hugh Smith via OfTwoMinds blog, Once you allow your economy to become dependent on extremes of debt, leverage, inequality, legalized looting, monopoly, pay-to-play politics and speculative…

2020 Economic Predictions: This Series of Unfortunate Events Guarantees the Epocalypse

2020 Economic Predictions: This Series of Unfortunate Events Guarantees the Epocalypse

by Knave Dave The following article by David Haggith was published on The Great Recession Blog: Look at the plethora of problems in my list of 2020 economic predictions, which are so severe and…

(Signs of what’s to come) Cheese prices soar to record highs due to shifts in demand during coronavirus pandemic

(Signs of what’s to come) Cheese prices soar to record highs due to shifts in demand during coronavirus pandemic

CHICAGO – As with many industries affected by the coronavirus pandemic, the cheese market appears to have been impacted as well, sending recent prices through the roof. The price of cheese reached…

Macy’s lays off 3,900 corporate staffers as COVID-19 lockdowns hit famous department store chain – just months after cutting 2,000 jobs pre-pandemic

Macy’s lays off 3,900 corporate staffers as COVID-19 lockdowns hit famous department store chain – just months after cutting 2,000 jobs pre-pandemic

Macy's lays off 3,900 corporate staffers as COVID-19 lockdowns hit famous department store chain - just months after cutting 2,000 jobs pre-pandemic Macy's said on Thursday that the headcount reduction will…

Half Of American Homeowners Have Thought Of Selling Their Homes Due To The 2020 Recession

Half Of American Homeowners Have Thought Of Selling Their Homes Due To The 2020 Recession

Mass Store Closures and the Economic Ripple Effect! IMF Warns Collapse Worse Than Feared

Mass Store Closures and the Economic Ripple Effect! IMF Warns Collapse Worse Than Feared

A man looks at signs of a closed store due to COVID-19 in Niles, Ill., Thursday, May 21, 2020. More than 2.4 million people applied for U.S. unemployment benefits last…

IMF Issues Grim New Economic Forecast

IMF Issues Grim New Economic Forecast

Media-Induced Fear Of COVID-19 Is Starting To Cause A Second Wave Of Severe Economic Panic

Media-Induced Fear Of COVID-19 Is Starting To Cause A Second Wave Of Severe Economic Panic

by Michael Snyder Fear of COVID-19 absolutely crippled the U.S. economy during the first half of this year, and now it appears that there are some people that are pushing for…