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GM To Close 100-Year-Old Oshawa Plant, Affecting Thousands Of Jobs

GM To Close 100-Year-Old Oshawa Plant, Affecting Thousands Of Jobs With car sales in the US and China locked in a precipitous slowdown that is only expected to worsen, GM on Monday is expected to announce the closure of one of its Canadian plants as the company hopes to move more production to Mexico and […]

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Why is the MSM Covering Up Recessionary Data?

WHY IS THE MSM COVERING UP RECESSIONARY DATA? The Census Bureau put out their monthly retail sales report this morning. During good times, the MSM would be hailing the tremendous increases as proof the consumer was flush with cash and all was well with the economy. Considering 70% of our GDP is dependent upon consumer […]

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China Mess, Yuan Devaluation Spread to the US

China Mess, Yuan Devaluation Spread to the US China’s auto market, which had been the single most important element in the convoluted growth story of GM and other global automakers, was getting battered even before the yuan devaluation. But now elements coagulate into a toxic mix. Sales of passenger vehicles in July dropped 6.6% from […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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