{"id":49822,"date":"2019-11-27T08:34:45","date_gmt":"2019-11-27T13:34:45","guid":{"rendered":"https:\/\/olduvai.ca\/?p=49822"},"modified":"2019-11-27T08:34:51","modified_gmt":"2019-11-27T13:34:51","slug":"5-more-signs-that-the-global-economy-is-careening-toward-a-recession","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=49822","title":{"rendered":"5 More Signs That The Global Economy Is Careening Toward A Recession"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"http:\/\/themostimportantnews.com\/archives\/5-more-signs-that-the-global-economy-is-careening-toward-a-recession\">5 More Signs That The Global Economy Is Careening Toward A Recession<\/a><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><a href=\"http:\/\/themostimportantnews.com\/archives\/5-more-signs-that-the-global-economy-is-careening-toward-a-recession\/roller-coaster-public-domain\"><img decoding=\"async\" src=\"http:\/\/themostimportantnews.com\/wp-content\/uploads\/2019\/11\/Roller-Coaster-Public-Domain-600x400.jpg\" alt=\"\" class=\"wp-image-39632\"\/><\/a><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">The global economy is already in the worst distress that we have seen since 2008, and it appears that the global slowdown is actually picking up pace as we head into 2020. And this is happening even though central banks around the world have been cutting interest rates and pumping massive amounts of money into their respective financial systems. The central bankers appear to be losing control, and it certainly wouldn\u2019t take much of a push for this new crisis to evolve into a complete and utter nightmare. The U.S. economy hasn\u2019t been hit quite as hard as economies in Asia and Europe have been, but without a doubt things are slowing down here too. Corporate earnings have been falling&nbsp;<a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/black-friday-is-coming-and-48-million-americans-still-have-holiday-debt-from-last-year\" target=\"_blank\" rel=\"noreferrer noopener\">quarter after quarter<\/a>, auto loan delinquencies just hit&nbsp;<a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/brace-for-impact-the-u-s-economy-is-going-down-and-it-is-going-down-hard\" target=\"_blank\" rel=\"noreferrer noopener\">a record high<\/a>, the Cass Freight Index has declined for&nbsp;<a href=\"https:\/\/moneymaven.io\/mishtalk\/economics\/recession-warning-freight-volumes-negative-yoy-for-11th-straight-month-0ZOT5dLcwE6t7RTXcErjWA\/\" target=\"_blank\" rel=\"noreferrer noopener\">11 consecutive months<\/a>, and we just witnessed the largest drop for U.S. industrial production&nbsp;<a href=\"https:\/\/www.zerohedge.com\/economics\/us-industrial-production-plunges-most-march-2009\" target=\"_blank\" rel=\"noreferrer noopener\">since 2009<\/a>. Everywhere around us there is bad economic news, but most Americans are still completely oblivious to what is happening.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this article, I am going to share even more evidence that a global economic slowdown has already begun. When you add these numbers to all of the other numbers that I have been sharing in recent weeks, it becomes impossible to deny that something major is taking place.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The following are 5 more signs that the global economy is careening toward a recession\u2026<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>#1<\/strong>\u00a0It is being projected that global auto sales will be down approximately 4 percent this year. According to\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnn.com\/2019\/11\/26\/economy\/global-car-sales-manufacturing\/index.html\" target=\"_blank\">CNN<\/a>, this will be the second consecutive year that global auto sales have fallen\u2026<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>5 More Signs That The Global Economy Is Careening Toward A Recession The global economy is already in the worst distress that we have seen since 2008, and it appears that the global slowdown is actually picking up pace as we head into 2020. And this is happening even though central banks around the world [&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":[4755,4901,1264],"class_list":["post-49822","post","type-post","status-publish","format-standard","hentry","category-economics","tag-corporate-earnings","tag-michael-snyder","tag-recession"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49822","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=49822"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49822\/revisions"}],"predecessor-version":[{"id":49823,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49822\/revisions\/49823"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}