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Spiking Inflation, Rate Hikes, and Debt Defaults in Latin America

Spiking Inflation, Rate Hikes, and Debt Defaults in Latin America Mexico and Brazil, having seen the economic destruction that high inflation can wreak, don’t want to see it again. Latin America will soon be hit by a wave of business bankruptcies and defaults, according to Jesús Urdangaray López, the CEO of CESCE, Spain’s biggest provider of export […]

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The Retail Apocalypse Picks Up Speed As Sears, JCPenney, Brookstone And Mattress Firm Spiral Toward Bankruptcy

The Retail Apocalypse Picks Up Speed As Sears, JCPenney, Brookstone And Mattress Firm Spiral Toward Bankruptcy Over 20 major retailers have filed for bankruptcy since the beginning of last year, and in 2018 we may break the all-time record for annual store closings that was established just last year.  We are in the midst of […]

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77 Million Square Feet Of Retail Space And Counting – America’s Retail Apocalypse Is Spiraling Out Of Control In 2018

77 Million Square Feet Of Retail Space And Counting – America’s Retail Apocalypse Is Spiraling Out Of Control In 2018 In 2017 we absolutely shattered the all-time record for retail store closings in a single year, and this year it looks like we are going to shatter the record once again.  In fact, there are […]

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World faces wave of epic debt defaults, fears central bank veteran

World faces wave of epic debt defaults, fears central bank veteran Exclusive: Situation worse than it was in 2007, says chairman of the OECD’s review committee The next task awaiting the global authorities is how to manage debt write-offs without setting off a political storm Photo: Rex The global financial system has become dangerously unstable and […]

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Corporations Are Defaulting On Their Debts Like It’s 2008 All Over Again

Corporations Are Defaulting On Their Debts Like It’s 2008 All Over Again The Dow closed above 18,000 on Monday for the first time since July.  Isn’t that great news?  I truly wish that it was.  If the Dow actually reflected economic reality, I could stop writing about “economic collapse” and start blogging about cats or […]

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Robert Kiyosaki And Harry Dent Warn That Financial Armageddon Is Imminent

Robert Kiyosaki And Harry Dent Warn That Financial Armageddon Is Imminent Financial experts Robert Kiyosaki and Harry Dent are both warning that the next major economic crash is in our very near future.  Dent is projecting that the Dow will fall to “5,500 to 6,000 by late 2017″, and Kiyosaki actually originally projected that a […]

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Olduvai IV: Courage
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