Category Archives: Economic Downturn
Leading Investor: The Next Financial Downturn Will Be Caused By Corporate Debt
The last recession in 2008 was spurred by excessive debt in the private sector, mostly in the housing market. But this time, it’ll be worst and much more difficult, as the problem will be caused by corporate debt, according to several leading investors. The ensuing downturn could be immediate and sharp, once the bull market […]
12 Years In A Row And Counting: The U.S. Has Not Had A Year Of 3 Percent Economic Growth In More Than A Decade
This article was originally published by Michael Snyder at The Economic Collapse If the U.S. economy is in good shape, then why has economic growth been so anemic for more than a decade? It has been 12 long years since the economy grew by at least 3 percent, and for most of that time my website has […]
Painful To Watch: This Is The Weakest U.S. Economic ‘Recovery’ Since 1949
Most of us have never witnessed an economic “recovery” this bad. As you will see below, the average rate of economic growth since the last recession has been the lowest for any “recovery” in at least 67 years. And unfortunately, the economy appears to be slowing down even more here in 2016. On Friday, I […]
Something Big That Always Happens Right Before The Official Start Of A Recession Has Just Happened
What you are about to see is major confirmation that a new economic downturn has already begun. Last Friday, the government released the worst jobs report in six years, and that has a lot of people really freaked out. But when you really start digging into those numbers, you quickly find that things are even […]
We Are Being Killed On Trade – Rapidly Declining Exports Signal A Death Blow For The U.S. Economy
Exports fell precipitously during the last two recessions, and now it is happening again. So how in the world can anyone make the claim that the U.S. economy is in good shape? On my website I have been repeatedly pointing out the parallels between the last two major economic downturns and the current crisis, and […]
Are You Kidding Me? Chinese Exports Plunge 25.4 Percent Compared To Last Year
We just got more evidence that global trade is absolutely imploding. Chinese exports dropped 25.4 percent during the month of February compared to a year ago, and Chinese imports fell 13.8 percent compared to a year ago. For Chinese exports, that was the worst decline that we have seen since 2009, and Chinese imports have […]