The Economic Depression Of 2020 Is Becoming An Endless Nightmare For Millions Of Americans
The economic suffering of countless American families just got a whole lot deeper…
Continue readinglayoffs
Food Prices Rise To Dangerous Levels As “A Second Wave Of Layoffs” Hits The U.S. Economy
If prices keep going up like this, a lot of Americans are going to have to start cutting beef out of their diets because they cannot afford it…
Continue readingJob Losses, Bankruptcies & Store Closings At Apocalyptic Levels: US Economic Collapse Rolls On
Here is what an economic collapse looks like, and it is just getting started…
Continue readingUnited Airlines Preparing To Furlough 36,000 Workers Due To Coronavirus Collapse
United Airlines, who is receiving $5 billion from the US fiscal package, has said that they cannot continue at their current payroll level past October 1…
Continue readingAlmost Half Of All Working Age Adults In The U.S. Do Not Have A Job Right Now
It is very difficult for anyone to deny how bad things have become. So many firms are suddenly going bankrupt that it is impossible to keep up…
Continue readingSTUNNER! Silver Pounded Into Release Of Surprising (Phony?) Job Report, 2.5 MILLION JOBS GAINED In May!
Trump SELF PRAISES himself in jobs Tweet as silver gets clubbed like baby seals into the 8:30 a.m. EST release. Here are the details…
Continue readingAlmost 2 Million File INITIAL Unemployment Claims This Week While MILLIONS Still Wait To Receive Their Very First Check
While the MSM shills bicker over the recovery, it is clear America’s economy is still collapsing, with more people falling even more behind every week…
Continue readingNobody Ever Imagined That The Job Losses Would Get This Bad So Quickly
More than a quarter of all jobs in the United States have already been wiped out, and the job losses just keep on coming. In fact…
Continue readingJC Penney Pays Executives Millions In “Please Stay” Bonuses, Then Furloughs Thousands Of Employees
JC Penney faces outrage from its 90,000 employees, but the company insists the bonuses were necessary to keep the executives motivated, and notes that…
Continue readingJob Losses Continue To Mount: Another 3 Million File INITIAL Claims for Unemployment Insurance
Many millions have filed for unemployment benefits for the eighth week in-a-row, and the number reported may end up being too low. Here’s why…
Continue readingEconomic Collapse: The Tens Of Millions Of US Jobs That Have Been Lost Are Never Coming Back
Those that are still hoping for a “V-shaped recovery”, a “U-shaped recovery” or any sort of a major recovery at all are going to be deeply disappointed…
Continue readingApocalypse In the US Labor Market…Will It Support Gold?
How far does the number of job losses reflect reality – and what does it actually mean for the gold market?
Continue readingThe Worst Jobs Report…In US History!
The good news first: The unemployment figures were not as cataclysmic as feared. Consensus came in at 22 million. Here is the bad news…
Continue reading35% Real Unemployment (And Most Americans Are Optimistic Their Jobs Will Come Back Soon?)
The employment numbers are actually worse than the headlines. Do you agree with Americans’ optimism?
Continue readingEconomic Carnage Like We Have Never Seen Before: US Economy Will Continue To Bleed Jobs
The catastrophic job losses don’t even tell the entire story…
Continue readingThe Number Of Jobs Lost In April Was More Than Double The Total Number Of Jobs Lost During The Last Recession
Yes, you read that headline correctly, and many believe that what we have experienced so far is just the beginning…
Continue readingWrenching And Immediate Jobs Problem, Just As Consumer Prices Must Rise
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Android | Email | Stitcher | RSS
Charles Hugh Smith joins us today to discuss the economic reality on Main Street that’s totally disconnected from Wall Street. From the abrupt loss of jobs, to a consumer that’s […]
Continue readingDebt, Lies, And Risk Go Vertical
With unpayable trillions being heaped daily onto our debt, massive job losses, scorched earth policies forcing small business closures, and sweeping…
Continue readingAbout One-Fifth Of All The Jobs In The US Are Already Gone, And This Economic Depression Is Just 6 Weeks Old
In all of U.S. history we have never seen anything like this…
Continue readingThe Worst Employment Collapse In US History (By A Very Wide Margin)
We have never seen an “employment apocalypse” in the US like we are seeing right now, and it is not going to end any time soon. Over the past several […]
Continue reading