It’s undeniable: Evidence shows that the REAL economy is in recession mode
(Bugout.news) You are about to see a chart that is undeniable evidence that we have already entered a major economic slowdown. In the “real economy,” stuff is bought and sold and shipped around the country by trucks, railroads and planes. When more stuff is being bought and sold and shipped around the country, the “real economy” Read More
The Next Employment Crisis Is Here: Job Cuts At U.S. Companies Jump 35 Percent In April
(Bugout.news) Should we be alarmed that the number of job cuts announced by large U.S. companies was 35 percent higher in April than it was in March? This is definitely a case where the trend is not our friend. According to Challenger, Gray & Christmas, U.S. firms announced 65,141 job cuts during April, which represented a Read More
Corporations Are Defaulting On Their Debts Like It’s 2008 All Over Again
(Bugout.news) The Dow closed above 18,000 on Monday for the first time since July. Isn’t that great news? I truly wish that it was. If the Dow actually reflected economic reality, I could stop writing about “economic collapse” and start blogging about cats or football. Unfortunately, the stock market and the economy are moving in two Read More
Economic Activity Is Slowing Down Much Faster Than The Experts Anticipated
We have not seen global economic activity fall off this rapidly since the great recession of 2008. Manufacturing activity is imploding all over the planet, global trade is slowing down at a pace that is extremely alarming, and the Baltic Dry Index just hit another brand new all-time record low. If the “real economy” consists of Read More
