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The Debt Bomb: 7,600,000,000,000 Dollars Of Debt Must Be Rolled Over In 2012
truther January 4, 2012 1When it comes to government debt, it is not just new debt that is the problem. Every single year, governments around the world must "roll over" gigantic mountains of debt that come due.
Read More »2012 Will Be More Difficult Than 2011
truther January 3, 2012 0Do you believe that 2012 will be more difficult for the global economy than 2011 was? Well, that is what German Chancellor Angela Merkel believes. The woman that has become the most
Read More »We’ve Been Impoverished and It’s Only Going to Get A Whole Lot Worse
truther December 31, 2011 2The dollar is losing value, but this fact is not just some recent phenomenon. In case you missed the charts comparing the decline of the US dollar to the Roman silver denarius, what they
Read More »Unrelenting Global Economic Crisis: A Doomsday View of 2012
truther December 26, 2011 1The economic, political and social outlook for 2012 is profoundly negative. The almost universal consensus, even among mainstream orthodox economists is pessimistic regarding the world economy. Although, even here, their predictions understate the scope
Read More »50 Economic Numbers From 2011 That Are Almost Too Crazy To Believe
truther December 16, 2011 1Even though most Americans have become very frustrated with this economy, the reality is that the vast majority of them still have no idea just how bad our economic decline has been or how
Read More »Factories Stall Worldwide, U.S. Jobless Claims Rise
truther December 3, 2011 0Manufacturing activity is contracting across Europe and most of Asia, data showed on Thursday, and a Chinese official declared that the world economy faces a worse situation than in 2008 when Lehman Brothers collapsed. Factory
Read More »Video: US Unemployment
Pakalert January 19, 2011 0For American job-seekers, finding a way to make a living may take longer than expected. Press TV's Colin Campbell has the latest US unemployment figures. Americans are fearful things could get worse.. well
Read More »Jobless Recovery?: 25 Unemployment Statistics That Are Almost Too Depressing To Read
Pakalert December 5, 2010 3The vast majority of Americans have at least one family member or close friend that is looking for work right now. Times are really, really tough and unfortunately the long-term outlook is very
Read More »US jobless claims see unexpected rise
Pakalert December 3, 2010 0Applications to begin receiving unemployment benefits in the US have climbed more than forecast, indicating the labor market will need more time to improve
Read More »Oil Spill Disaster To Cost 17,000 Jobs
Pakalert July 22, 2010 5BP Plc’s oil spill may cost the U.S. Gulf Coast region 17,000 jobs and about $1.2 billion in lost economic growth by year-end even if the flow is stanched permanently next month, Moody’s Analytics
Read More »Real US Unemployment Rate Could Be Over 25%
Pakalert July 19, 2010 2Raghavan Mayur, president at TechnoMetrica Market Intelligence, follows unemployment data closely. So, when his survey for May revealed that 28% of the 1,000-odd households surveyed reported that at least one member was looking for
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