Tag Archives: economy

These companies are hinting at a global recession

Recession recovery

From Filip Karinja, for Birch Gold Group Despite the mainstream media running headlines like “Nowhere to go but up“, the numbers coming out on the health of the economy tell a different story. To be sure, there are some companies doing well at the moment; the media has a field day parading around …

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Every economic news story summed up in one video

Economic news video

After watching this video it is clear to see how every news story on the economy by the mainstream media is the same. Whilst this is a mock news report, it does show how the media uses imaging and NLP to push their agenda. Next time you are watching the ‘news’ on TV pay attention …

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8 signs that a global economic crisis is coming soon

When will the economy collapse

When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal. Time is now rapidly running out. From China to Brazil, …

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Are we evolving beyond capitalism?

Evolving beyond capitalism

The red flags and marching songs of Syriza during the Greek crisis, plus the expectation that the banks would be nationalised, revived briefly a 20th-century dream: the forced destruction of the market from above. For much of the 20th century this was how the left conceived the first stage of …

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Low retail sales numbers hint to economic problems ahead

Going out of business

From Filip Karinja, for Birch Gold Group Despite optimistic expectations, recent reports show that U.S. retail sales for April were flat. Many had expected that the lower-than-average gas prices would provide a lift, but even with prices plummeting by close to a whopping 50% over last year, there was no reflection in the retail …

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Major US retailers closing over 6000 stores


If the U.S. economy really is improving, then why are big U.S. retailers permanently shutting down thousands of stores? The “retail apocalypse” that I have written about so frequently appears to be accelerating. As you will see below, major U.S. retailers have announced that they are closing more than 6,000 …

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80 richest people have more wealth than poorest 3.5 billion

Davos Switzerland

Billionaires and politicians gathering in Switzerland this week will come under pressure to tackle rising inequality after a study found that – on current trends – by next year, 1% of the world’s population will own more wealth than the other 99%. Ahead of this week’s annual meeting of the World …

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Australian pensioners and savers have bank accounts raided by government


The federal government has bagged an unprecedented $360 million from household bank accounts since a controversial change to unclaimed money laws, figures from the Australian Securities and Investments Commission show. Pensioners and others saving for a rainy day have reported trying to access their savings only to discover their money …

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European Central Bank cuts interest rate to below zero

ECB euro symbol

The European Central Bank lowered its deposit rate to -0.10% as the continent battles deflation after many failed monetary policy attempts. The bank said more extraordinary tools can can be used to prevent the derailment of economic recovery. The European Central Bank (ECB) cut its main refinancing rate to 0.15 percent from …

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Poll: 47% of unemployed have ‘completely given up’ looking for a job

Unemployment claim form

A new poll suggests that finding employment, particularly for the long-term unemployed, continues to be a struggle for Americans. The poll, conducted by Harris Poll on behalf of Express Employment Professionals, asked questions of 1,500 unemployed adult Americans last month. “This survey shows that millions of Americans are at risk …

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