(Jim Hoft) On Tuesday, Wells Fargo & Co. CEO Charlie Scharf said that there’s “no question” of an economic downturn in the US, and recession will be hard to avoid.
us economy
Walmart, UPS and FedEx Commit to Working More Shifts To Deal With Global Supply Disruptions… but Will It Matter?
(Mary Villareal) The White House announced Wednesday, Oct. 13, that Walmart, UPS and FedEx are moving to work more shifts to deal with global supply disruptions that have contributed to a surge in inflation. The announcement was made ahead of President Joe Biden’s meeting with the heads of those companies to address the supply chain bottlenecks before the Christmas season.
Labor and Energy Shortages: The Cracks in the Economy Are Showing
(Ramon Tomey) The Wuhan coronavirus (COVID-19) pandemic has had a negative impact on the U.S. at large. However, an impending economic collapse – with the economy showing signs of it – is threatening to make things worse. The recent shortages in manpower and energy reported in various parts of the world can attest to this.
CORONAVIRUS RECOVERY: The Greatest Economic Recovery in US History Has Begun – DOW up Nearly 7,000 Points Since March Low
(Joe Hoft) Shhh – the MSM is not reporting this but the greatest economic recovery in US history has already begun. The DOW is up almost 7,000 points since March’s low.
The Purpose of the Federal Reserve Banking System
(Madhava Setty, MD) Centralized banking has been devised for a purpose unseen and much different than what the public and most of our elected leaders/legislators believe. The purpose is not to stabilize, but to destabilize economies for ulterior motives. How does a system described in the article benefit the people at all? What is really going on here and how did we get into this mess? What alternatives and solutions would you think of?
This is What Economic Collapse Looks Like
(Michael Snyder) Approximately ten million Americans have filed new claims for unemployment benefits over the past two weeks. To put that in perspective, the all-time record for a single week before this coronavirus pandemic hit was just 695,000. So needless to say, 6.6 million claims in a single week puts us in uncharted territory. Just check out this chart. We have never seen a week like this before, and we may never see a week quite this bad again. Of course millions more jobs will be lost in the months ahead as this pandemic stretches on, but it is hard to imagine another spike like we just had. When you add the last two weeks together, somewhere around 10 million Americans have filed new unemployment claims during that time period…
“US Labor Market Is In Free-Fall” — 10M Americans Have Filed For Unemployment In Past 2 Weeks
(Zero Hedge) After last week’s unprecedented 3.3 million surge in initial jobless claims, this week’s is even more unprecedented-er, adding a stunning 6.648 million (just 100k away from our estimate of 6.5million) for a two-week sum of 10 million new Americans claiming unemployment benefits…
The U.S. Government Is Preparing For An 18 Month Pandemic And “Critical Shortages”
(Michael Snyder) Are you prepared for the nationwide shutdown that is happening now to last for the next 18 months? You may not believe that such a thing will happen, but the federal government apparently does. A 100 page government plan marked “For Official Use Only // Not For Public Distribution or Release” was obtained by the New York Times, and it paints a very bleak picture of what is coming. If the projections in this document are anywhere close to accurate, large numbers of Americans will die, the U.S. economy will completely implode, and we will see widespread civil unrest. So let us pray that the assessments in this government plan turn out to be dead wrong.
When 43% of Americans Can’t Pay for Food and Rent, We Can Safely Say the Economic Collapse Is Here
(Daisy Luther) You know all those reports about how lots of Americans can’t afford a $1000 surprise expense like a medical bill or a car repair? Well, forget additional expenses.
BRICS Bank Open for Business
The ushering in of the BRICS New Development Bank has finally come, months ahead of its original 2016 opening date. To be clear, this ‘opening for business’ is one step in a chain that will eventually lead to the lending of money. Based on the article and supportive data found in the CRA agreement, the NDB (the […]
US Economy At Risk | Communists urge no debt repayment to countries supporting anti-Russian sanctions
This could be another indication of major economic changes coming this year, suggested by the Bloodmoon Tetrad. – Justin Source – RT News Russian Communists have drafted a bill that would allow the president to cancel treaties with nations that impose sanctions of Russia, including international borrowing contracts in government and private sectors. The main […]
Benjamin Fulford – March 17, 2014: Cabal backs down after threat of blockade of cabal controlled countries (How to reconcile Ben’s Data with the Greater Story of Gaia by Justin)
Ben’s Updates read like Soap Opera tabloids some times. For me its clear, and has been for some time, that his data is probably part of a spin campaign issued by the Powers that Were. Comparing this data with a vast buffet of other data – an omnivorous approach – will allow you to build […]
20 Facts About The Great U.S. Retail Apocalypse That Will Blow Your Mind
Source – Activist Post Michael Snyder If the U.S. economy is getting better, then why are major retail chains closing thousands of stores? If we truly are in an “economic recovery”, then why do sales figures continue to go down for large retailers all over the country? Without a doubt, the rise of Internet retailing […]
Americas Basic Income: Time to end slavery – The Budget for $900 Billion in Basic Income is a no brainer!!
When some ‘liberal’ suggests we have a basic income for people, provided by the government, with no work needed, we hear responses like: “This is communism! This will mean a collapse of society! This is stealing from Peter, to pay Paul! Who is going to pay for all this welfare? This is not freedom!” …and […]
Coming False Flag Attacks? – Economic Shutdown and Power Grid Shut down Imminent (video)
Lots of points covered in this discussion. Grid shut down, alternative media could be shut down, Economy terrorism running strong, and our looming economic collapse. Our would-be masters are desperate to push their NWO threw, but more data coming out supporting their efforts will fail. – Justin MUST HEAR: THE BANKS ARE GEARING UP FOR […]