There are serious consequences for attempting to stop the business cycle from functioning. The system needs an Economic Detox and yet it’s just getting more of the game garbage fed
A new World Bank report warns that the pandemic has plunged the global economy into a deep recession of historic proportions, and the recovery outlook is grim, particularly for developing
U.S. economy is entering the ‘deepest recession on record’ The U.S. economy is struggling right now. On Thursday, we learned that initial filings for unemployment insurance totaled a record 6.648 million for
Brace for the ‘deepest recession on record,’ says BofA analysts, as jobless claims surge to 6.6 million BofA economists forecast that the unemployment rate will soon hit 15.6% from 3.5%
Lowest land on the planet In Antarctica 11,000 ft deep! About 2 miles It’s dry land
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter A slew of reasons, the China debacle on top. Global semiconductor sales dropped 14.6% in April from April last year, to $32.1 billion, on a three-month
CHICAGO (CBS) — It will be so cold outside that you shouldn’t talk. That’s the warning from the National Weather Service as potentially record-breaking cold slams Chicago and the Midwest.