{"id":14118,"date":"2015-11-03T21:03:34","date_gmt":"2015-11-04T02:03:34","guid":{"rendered":"http:\/\/olduvai.ca\/?p=14118"},"modified":"2015-11-03T21:03:34","modified_gmt":"2015-11-04T02:03:34","slug":"18-numbers-that-scream-that-a-crippling-global-recession-has-arrived","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=14118","title":{"rendered":"18 Numbers That Scream That A Crippling Global Recession Has Arrived"},"content":{"rendered":"

18 Numbers That Scream That A Crippling Global Recession Has Arrived<\/a><\/h3>\n

\"Scream<\/a>The stock market has been soaring, but all of the hard economic numbers are telling us that a major global recession is here.\u00a0 This is so reminiscent of what happened back in 2008.\u00a0 Back then, all of the fundamentals were screaming \u201crecession\u201d by the middle of that year, but the equity markets didn\u2019t respond until later.\u00a0 It appears that a similar pattern is playing out right now.\u00a0 The trade numbers, the manufacturing numbers, the inventory numbers and even the GDP numbers are all saying that a very significant economic slowdown is happening, but stock traders haven\u2019t gotten the memo yet.\u00a0 In fact, stocks had an absolutely great month in October.\u00a0 Of course just like in 2008, stocks will eventually catch up with reality.\u00a0 It is just a matter of time.\u00a0 The following are 18 numbers that scream that a crippling global recession has arrived\u2026<\/p>\n

#1<\/strong>\u00a0According to the biggest bank in the western world, British banking giant HSBC, the world is already in a \u201cdollar recession<\/a>\u201c.\u00a0 Global GDP expressed in U.S. dollars is down\u00a03.4 percent<\/a>\u00a0so far in 2015, and total global trade has fallen\u00a08.4 percent<\/a>.<\/p>\n

#2<\/strong>\u00a0In September, Chinese exports were down\u00a03.7 percent<\/a>\u00a0compared to one year ago, and Chinese imports were down a whopping\u00a020.4 percent<\/a>\u00a0compared to a year ago.<\/p>\n

#3<\/strong>\u00a0Demand for Chinese steel is down\u00a08.9 percent<\/a>\u00a0compared to a year ago.<\/p>\n

#4<\/strong>\u00a0China\u2019s rail freight volume is down\u00a010.1 percent<\/a>\u00a0compared to last year.<\/p>\n

#5<\/strong>\u00a0In October, South Korean exports were down\u00a015.8 percent<\/a>\u00a0from a year ago.<\/p>\n

#6<\/strong>\u00a0According\u00a0to the Dutch government index<\/a>, a year ago global trade in primary commodities was sitting at a reading of 150 but now it has fallen all the way down to 114.\u00a0 What this means is that less commodities are being traded around the world, and that is a very clear sign that global economic activity is really slowing down.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

18 Numbers That Scream That A Crippling Global Recession Has Arrived The stock market has been soaring, but all of the hard economic numbers are telling us that a major global recession is here.\u00a0 This is so reminiscent of what happened back in 2008.\u00a0 Back then, all of the fundamentals were screaming \u201crecession\u201d by the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[10446,8675,1784,9456,4129,3761,3372,4901],"class_list":["post-14118","post","type-post","status-publish","format-standard","hentry","category-economics","tag-dollar-recession","tag-end-of-the-american-dream","tag-exports","tag-gap","tag-global-recession","tag-global-trade","tag-hsbc","tag-michael-snyder"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/14118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14118"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/14118\/revisions"}],"predecessor-version":[{"id":14119,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/14118\/revisions\/14119"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}