Home » Posts tagged 'Unemployment'
Tag Archives: Unemployment
Poland’s central bank predicts double-digit inflation until 2024
Poland’s central bank predicts double-digit inflation until 2024 (Natural News) The National Bank of Poland (NBP) has predicted that the Central European nation will be saddled with high inflation for the next two years. According to the NBP, yearly inflation will hit 14.5 percent in 2022 and drop to 13.1 percent in 2023. Single-digit rates will […]
Canada ranked 6th-most miserable country by think tank
Canada ranked 6th-most miserable country by think tank Toronto’s Lakeshore Boulevard pictured during a snowstorm in February 2007 (Colin McConnell/Toronto Star) Due to its high rates of inflation and unemployment, a conservative-leaning think tank has ranked Canada the sixth-most miserable country in the world. On Tuesday, the Fraser Institute revealed where 35 countries rank on […]
New Normal: High Unemployment, Near-Zero Interest Rates and Out of Control Inflation
New Normal: High Unemployment, Near-Zero Interest Rates and Out of Control Inflation Since the pandemic began a year ago, the term “new normal” has become part of the American lexicon. Not “new” as in better or improved. But rather “new” as in contrast to the way things used to be. Much of the mainstream discussion argues that […]
Is Resistance Really Futile?
Is Resistance Really Futile? A number of people have asked, “Will this resistance be futile?” Europe has been crushed. Kristalina Georgieva and Christine Legarde are both board members of Schwab’s World Economic Forum. European Commission president, Ursula von der Leyen, was also a board member. Schwab has conquered Europe. He is destroying all non-green jobs […]
How the Unemployment Fiasco in Europe Is Kept out of Official Unemployment Rates
How the Unemployment Fiasco in Europe Is Kept out of Official Unemployment Rates The massive and once-again extended Pandemic-era furlough programs serve their purpose, but… In Europe, people who are furloughed are paid under government programs via their employers. Many of these programs have been created during the Pandemic. In theory, these people still have […]
Fed’s GDP and Unemployment Projections: Who Believes Them?
Fed’s GDP and Unemployment Projections: Who Believes Them? In addition to its blather about interest rates, the Fed also made numerous economic projections. Economic Projections Please consider the Economic Projections of FOMC Participants under their individual assumptions of appropriate monetary policy, September 2020. Fed’s GDP, Unemployment, PCE Inflation Projections GDP Projection The Fed believes GDP will only […]
Massive Lines Form Outside Virginia Food Bank As Demand Hits One Million Meals Per Month
Massive Lines Form Outside Virginia Food Bank As Demand Hits One Million Meals Per Month The economic recovery has stalled, and in some cases, reversed. The $600 unemployment benefits that Americans received following the virus pandemic that crashed the economy in March-April expired on July 31, which means a fiscal cliff has been underway for 44 days (as of […]
If You Feel Like Something Really, Really Bad Is About To Happen, You Are Definitely Not Alone
If You Feel Like Something Really, Really Bad Is About To Happen, You Are Definitely Not Alone If this is “the recovery”, what are things going to look like once economic conditions start to deteriorate again? As you will see below, more than half of all households in some of our largest cities “are facing […]
Market Update: The Fed’s Big Lie
Market Update: The Fed’s Big Lie Ignore Powell’s happy talk. The Fed is desperate and merely playing for time. Insanity is doing the same thing over and over again, but expecting different results. Federal Reserve Chairman Jerome Powell announced on Thursday that the Fed will now shift its focus from hitting inflation targets and instead […]
Blain’s Morning Porridge – Aug 11 2020 – Who Pulled the Plug?
Blain’s Morning Porridge – Aug 11 2020 – Who Pulled the Plug? “Unnervingly coherent and laughably mindless” This morning’s opening quote isn’t an independent assessment of the Morning Porridge – but is lifted from a newspaper article on Artificial Intelligence. It ends on a very scary tag: the AI is asked if it is conscious […]
Media Continues to Misreport Unemployment: 31.8 Million People on State & Federal Unemployment Insurance. Week 18 of U.S. Labor Market Collapse
Media Continues to Misreport Unemployment: 31.8 Million People on State & Federal Unemployment Insurance. Week 18 of U.S. Labor Market Collapse I get tired of reporters or bots who don’t read beyond the 2nd paragraph of Labor Department press releases. 2.35 million initial state and federal unemployment claims. PUA claims (gig workers) now 41% of […]
Never Before Have I Seen So Much Fake Unemployment & Jobs Data by the Bureau of Labor Statistics. Labor Department Nails It
Never Before Have I Seen So Much Fake Unemployment & Jobs Data by the Bureau of Labor Statistics. Labor Department Nails It Labor Department today: People on state & federal unemployment insurance jumped to 31.5 million, worst ever. Bureau of Labor Statistics today: 4.8 million jobs created, unemployment dropped by 3.2 million. BLS under-reported unemployment […]
A Summer of Protest, Unemployment & Presidential Politics – Welcome to 1932
A Summer of Protest, Unemployment & Presidential Politics – Welcome to 1932 In 1932, as in 2020, the nation experienced an explosion of civil unrest on the eve of a presidential election, writes James N. Gregory. The Bonus Army stages a demonstration at the empty Capitol on July 2, 1932.(Underwood and Underwood, photographers; Library of […]
“V-Shaped” Recovery Not Now: It Gets Worse, 30.55 Million on Unemployment. Week 14 of U.S. Labor Market Collapse
“V-Shaped” Recovery Not Now: It Gets Worse, 30.55 Million on Unemployment. Week 14 of U.S. Labor Market Collapse Had a setback. Over 11 million gig workers on unemployment insurance. But four states, including Florida, still can’t process federal PUA claims. This unemployment crisis is shape-shifting, and some states are still trying to catch up with […]
Fourth Turning Accelerating Towards Climax
FOURTH TURNING ACCELERATING TOWARDS CLIMAX “At some point, America’s short-term Crisis psychology will catch up to the long-term post-Unraveling fundamentals. This might result in a Great Devaluation, a severe drop in the market price of most financial and real assets. This devaluation could be a short but horrific panic, a free-falling price in a market […]
