• 2017 Is Going To Be The Worst Retail Apocalypse In U.S. History – More Than 300 Retailers Have Already Filed For Bankruptcy
    Jun14

    2017 Is Going To Be The Worst Retail Apocalypse In U.S. History – More Than 300 Retailers Have Already Filed For Bankruptcy

    Not even during the worst parts of the last recession did things ever get this bad for the U.S. retail industry. By Michael Snyder (The Economic Collapse blog) Not even during the worst parts of the last recession did things ever get this bad for the U.S. retail industry.  As you will see in this article, more than 300 retailers have already filed for bankruptcy in 2017, and it is being projected that a staggering 8,640 stores will...

    Read More
    Obamacare Death Spiral: First 2018 Coverage Map Reveals At Least 47 Counties With No Coverage
    Jun13

    Obamacare Death Spiral: First 2018 Coverage Map Reveals At Least 47 Counties With No Coverage

    “This is yet another failing report card for the Exchanges. The American people have fewer insurance choices and in some counties no choice at all…” by Tyler Durden (Zero Hedge) Earlier today the Centers for Medicare and Medicaid Services (CMS) released the first projected county-by-county map of Obamacare coverage for the 2018 plan year which depicts at least 47 counties, with 35,000 active Obamacare exchange...

    Read More
    Toronto home sales drop most since recession as new rules put brakes on market
    Jun07

    Toronto home sales drop most since recession as new rules put brakes on market

    The Toronto housing market is finally starting to show some strain as active listings soared in May and prices dropped sharply from April By Garry Marr (Financial Post) TORONTO — Sales of existing homes across the Greater Toronto Area dropped a whopping 20.3 per cent in May from a year ago, while the average home price in the region fell about six per cent from April, results based on the first full month of data following a major...

    Read More
    The Real Unemployment Number: 102 Million Working Age Americans Do Not Have A Job
    Jun05

    The Real Unemployment Number: 102 Million Working Age Americans Do Not Have A Job

    “I don’t see how anyone can possibly claim that the U.S. economy is doing well… prior to the last recession there were 26 million Americans on food stamps, now we have 44 million, we’re on pace to shatter the all-time record for store closings in a single year, and the number of homeless in LA has risen by 23% over the past 12 months… But once again, it is a battle of perception vs. reality.” by Tyler...

    Read More
    Canadians now have more than $2 trillion in debt – Business Insider
    Jun01

    Canadians now have more than $2 trillion in debt – Business Insider

    The latest Bank of Canada tally on consumer debt shows Canadians didn’t slow down the rate they accumulated debt, they actually started acquiring it faster. By Kaitlin Last, Better Dwelling All of those government warnings about Canadian debt apparently had zero impact. The latest Bank of Canada (BoC) tally on consumer debt shows Canadians didn’t slow down the rate they accumulated debt, they actually started acquiring it faster. Both...

    Read More
    They Are Killing Small Business: The Number Of Self-Employed Americans Is Lower Than It Was In 1990
    May27

    They Are Killing Small Business: The Number Of Self-Employed Americans Is Lower Than It Was In 1990

    After eight long, bitter years under Obama, will things go better for entrepreneurs and small businesses now that Donald Trump is in the White House? By Michael Snyder (The Economic Collapse blog) After eight long, bitter years under Obama, will things go better for entrepreneurs and small businesses now that Donald Trump is in the White House?  Once upon a time, America was the best place in the world for those that wanted to work...

    Read More