Indicators Show the US Consumer is Exhausted

Indicators Show the US Consumer is Exhausted

Jul 27, 2022 | Economic Collapse

The US economy is made up of 70 percent retail and service businesses. This means that all of the other parts of the system depend on continued growth in domestic consumption. With only 8% of jobs in manufacturing and 10% in agriculture, our country is too dependent...
Why unemployment will rise, recession or not?

Why unemployment will rise, recession or not?

Jun 30, 2022 | Economic Collapse

The hottest employment market in a generation is cooling. With the crypto bubble bursting, IT businesses cutting down on hiring, and consumers spending less, experts expect the record low jobless rate will rise, recession or not. Last week, the Fed raised interest...
The Danger of Fed Policy Reversals

The Danger of Fed Policy Reversals

Jun 29, 2022 | Economic Collapse

The opinions of market participants on the economic prospects of the United States are shifting at the same time as the Federal Reserve has been scurrying once again to catch up to happenings on the ground. This runs the danger of causing yet another wave of...