More than 10 million US jobs will be lost in 2009 – depression deepens and far exceeds the level of thirties
Tania Harding
More than 500,000 thousand jobs are disappearing in the US. More than 10 million...
READ MORE>>

US Manufacturing collapses – global depression deepens, financial systems hangs on Government bailouts
Marla Guthrie
US manufacturing activity contracted at its sharpest pace for nearly 30 years in December...
READ MORE>>

How will commodities fare in 2009?
Fred Day
Global depression accelerates causing commodity prices in 2008 plunge...
READ MORE>>

Severe natural gas shortage in Europe – Russia halts gas to Ukraine
Marla Guthrie
European economy is plunging into deeper depression as the natural...
READ MORE>>

Consumer confidence and unemployment data confirm deep depression in US economy – Dow can fall below 5,000 in the next three months
Peter Oberois
On Tuesday the Conference Board will report its reading on consumer confidence.
READ MORE>>

Institute for Supply Management manufacturing index stands at 36.2%, projected to fall below 36% -- the lowest level since 1982 – the depression is real
Joe Wineman
Manufacturers are taking aggressive action to reduce production in line with weak demand, and on top...
READ MORE>>

Fed Approval of GMAC pulls GM up 13% but longer-term nationalization is the only choice for Obama
Sonia Jeffrey
GM rose 42 cents, or 13%, to $3.67, after the U.S. Federal Reserve on Wednesday...
READ MORE>>

US economy accelerates into depression as consumer spent at least 20 percent less
Fred Day
Consumers spent at least 20 percent less during November and December, resulting in...
READ MORE>>

Record fall in output, rising unemployment, world’s second largest economy feels depression again
Audrey Keneonese
Japanese slide in household spending remains unchecked.
READ MORE>>

The suicide in financial sector has started resembling 1929-1934, money manager with $1.4 billion exposure commits suicide
Sandra Kay
A French money manager with $1.4 billion exposure with Bernard Madoff’s toxic financial fraud...
READ MORE>>

Spending by American consumers fell in November for a record fifth month led by consumer severe cut backs and halt in auto sales
Joe Weinman
Purchases dropped 0.8 percent last month, according to the market expectations ahead...
READ MORE>>

Naive Obama has no clue what’s happening in economy – he ups the job goal to 3 million on false and misguided ‘hopes’
Nadia Solanki
The big talker on hope is about to lose all his own hope!
READ MORE>>

MORE ARTICLES >>