{"id":17890,"date":"2016-02-17T12:01:36","date_gmt":"2016-02-17T17:01:36","guid":{"rendered":"http:\/\/olduvai.ca\/?p=17890"},"modified":"2016-02-17T12:11:45","modified_gmt":"2016-02-17T17:11:45","slug":"21-new-numbers-that-show-that-the-global-economy-is-absolutely-imploding","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=17890","title":{"rendered":"21 New Numbers That Show That The Global Economy Is Absolutely Imploding"},"content":{"rendered":"
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21 New Numbers That Show That The Global Economy Is Absolutely Imploding\u00a0<\/a><\/h3>\n<\/div>\n
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\"Earth<\/a>After a series of stunning declines through the month of January and the first half of February, global financial markets seem to have found a patch of relative stability at least for the moment.\u00a0 But that does not mean that the crisis is over.\u00a0 On the contrary, all of the hard economic numbers that are coming in from around the world tell us that the global economy is coming apart at the seams.\u00a0 This is especially true when you look at global trade numbers.\u00a0 The amount of stuff that is being bought, sold and shipped around the planet is falling precipitously.\u00a0 So don\u2019t be fooled if stocks go up one day or down the next.\u00a0 The truth is that we are in the early chapters of a brand new economic meltdown, and I believe that all of the signs indicate that it will continue to get worse in the months ahead.\u00a0 The following are 21 new numbers that show that the global economy is absolutely imploding\u2026<\/p>\n

#1<\/strong>\u00a0Chinese exports fell by\u00a011.2 percent<\/a>\u00a0year over year in January.<\/p>\n

#2<\/strong>\u00a0Chinese imports were even worse in January.\u00a0 On a year over year basis, they declined a whopping\u00a018.8 percent<\/a>.<\/p>\n

#3<\/strong>\u00a0It may be hard to believe, but Chinese imports have now plunged for\u00a015 months in a row<\/a>.<\/p>\n

#4<\/strong>\u00a0In India, exports were down\u00a013.6 percent<\/a>\u00a0on a year over year basis in January.<\/p>\n

#5<\/strong>\u00a0In Japan, exports declined\u00a08 percent<\/a>\u00a0in December on a year over year basis, while imports plummeted\u00a018 percent<\/a>.<\/p>\n

#6<\/strong>\u00a0For\u00a0the sixth time in six years<\/a>, Japanese GDP growth has gone negative.<\/p>\n

#7<\/strong>\u00a0In the United States, exports were down\u00a07 percent<\/a>\u00a0on a year over year basis in December.<\/p>\n

#8<\/strong>\u00a0U.S. factory orders have fallen\u00a0for 14 months in a row<\/a>.<\/p>\n

#9<\/strong>\u00a0The Restaurant Performance Index in the United States has dropped to the lowest level that we have seen\u00a0since 2008<\/a>.<\/p>\n

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

21 New Numbers That Show That The Global Economy Is Absolutely Imploding\u00a0 After a series of stunning declines through the month of January and the first half of February, global financial markets seem to have found a patch of relative stability at least for the moment.\u00a0 But that does not mean that the crisis is […]<\/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":[6431,7480,10264,5983,246,12447,6061,6063,366,4754,3761,12448,506,4901,12449,753,12450,12451,12452,12453],"class_list":["post-17890","post","type-post","status-publish","format-standard","hentry","category-economics","tag-economic","tag-economic-meltdown","tag-economic-numbers","tag-economiccollapseblog","tag-economy","tag-february","tag-financial","tag-global","tag-global-economy","tag-global-financial-markets","tag-global-trade","tag-january","tag-markets","tag-michael-snyder","tag-shipped","tag-stocks","tag-stocks-go-down","tag-stocks-go-up","tag-the-crisis","tag-the-global-economy"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/17890","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=17890"}],"version-history":[{"count":3,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/17890\/revisions"}],"predecessor-version":[{"id":17893,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/17890\/revisions\/17893"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}