{"id":1794,"date":"2014-11-19T06:57:54","date_gmt":"2014-11-19T11:57:54","guid":{"rendered":"http:\/\/olduvai.ca\/?p=1794"},"modified":"2014-11-19T06:57:55","modified_gmt":"2014-11-19T11:57:55","slug":"3-of-the-10-largest-economies-in-the-world-have-already-fallen-into-recession-is-the-u-s-next","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=1794","title":{"rendered":"3 Of The 10 Largest Economies In The World Have Already Fallen Into Recession \u2013 Is The U.S. Next?"},"content":{"rendered":"<p><a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/3-of-the-10-largest-economies-in-the-world-have-already-fallen-into-recession-is-the-u-s-next\">3 Of The 10 Largest Economies In The World Have Already Fallen Into Recession \u2013 Is The U.S. Next?<\/a>.<\/p>\n<p style=\"display: block; padding: 0px; margin: 1em 0px 1em 0px;\">Are you waiting for the next major wave of the global economic collapse to strike?\u00a0 Well, you might want to start paying attention again.\u00a0 Three of the ten largest economies on the planet have already fallen into recession, and there are very serious warning signs coming from several other global economic powerhouses.\u00a0 Things are already so bad that British Prime Minister David Cameron is comparing the current state of affairs to the horrific financial crisis of 2008.\u00a0 In an article for the Guardian\u00a0<a style=\"color: #4f809e; font-weight: bold; text-decoration: none;\" title=\"that was published on Monday\" href=\"http:\/\/www.theguardian.com\/commentisfree\/2014\/nov\/16\/red-lights-global-economy-david-cameron\" target=\"_blank\">that was published on Monday<\/a>, he delivered the following sobering warning: \u201cSix years on from the financial crash that brought the world to its knees, red warning lights are once again flashing on the dashboard of the global economy.\u201d\u00a0 For the leader of the nation with the 6th largest economy in the world to make such a statement is more than a little bit concerning.<\/p>\n<p style=\"display: block; padding: 0px; margin: 1em 0px 1em 0px;\">So why is Cameron freaking out?<\/p>\n<p style=\"display: block; padding: 0px; margin: 1em 0px 1em 0px;\">Well, just consider what is going on in Japan.\u00a0 The economy of Japan is the 3rd largest on the entire planet, and it is\u00a0<a style=\"color: #4f809e; font-weight: bold; text-decoration: none;\" title=\"a total basket case\" href=\"http:\/\/theeconomiccollapseblog.com\/archives\/its-currency-war-and-japan-has-fired-the-first-shot\">a total basket case<\/a>\u00a0at this point.\u00a0 Many believe that the Japanese will be on the leading edge of the next great global economic crisis, and that is why it is so alarming that Japan has just dipped into recession again\u00a0<a style=\"color: #4f809e; font-weight: bold; text-decoration: none;\" title=\"for the fourth time in six years\" href=\"http:\/\/www.nytimes.com\/2014\/11\/17\/business\/international\/defying-expectations-japans-economy-shrinks-further.html\" target=\"_blank\">for the fourth time in six years<\/a>\u2026<\/p>\n<p style=\"display: block; padding: 0px; margin: 1em 0px 1em 0px;\">&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>3 Of The 10 Largest Economies In The World Have Already Fallen Into Recession \u2013 Is The U.S. Next?. Are you waiting for the next major wave of the global economic collapse to strike?\u00a0 Well, you might want to start paying attention again.\u00a0 Three of the ten largest economies on the planet have already fallen [&hellip;]<\/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":[150,236,281,452,820,834],"class_list":["post-1794","post","type-post","status-publish","format-standard","hentry","category-economics","tag-collapse","tag-economic-collapse","tag-europe","tag-japan","tag-uk","tag-us"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1794","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=1794"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1794\/revisions"}],"predecessor-version":[{"id":1795,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1794\/revisions\/1795"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}