Tag Archives: Depression

All-Time High Unemployment: The Economic Depression In Europe Just Keeps Getting Deeper

The unemployment rate in the eurozone is higher than it has ever been before.  This week we learned that eurozone unemployment came in at an all-time high of 12.2 percent for September.  Back in January 2012, it was sitting at just 10.4 percent.  … Continue reading

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20 Signs That The Next Great Economic Depression Has Already Started In Europe

The next Great Depression is already happening – it just hasn’t reached the United States yet.  Things in Europe just continue to get worse and worse, and yet most people in the United States still don’t get it.  All the … Continue reading

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Demographic Nightmare; Recession Through Recovery

Please consider a table of various employment statistics for February of each year between 2008 and 2013. Year Population Labor Force Employed Full Time Part Time Unemployed SNAP 2008 232,809 152,503 144,550 119,452 25,098 7,953 26,316 2009 234,913 153,804 140,105 … Continue reading

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Euro zone economy falls deeper than expected into recession

The euro zone slipped deeper than expected into recession in the last three months of 2012 after its largest economies, Germany and France, shrank at the end of a wretched year for the region. It marked the currency bloc’s first full year in which no … Continue reading

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Recovery, Recession or Depression: The Unpleasant Truth

Mark McHugh reports: Velocity of money is the  frequency with which a unit of money is spent on new goods and services.   It is a far better indicator of economic activity than GDP, consumer prices, the stock market, or sales of men’s … Continue reading

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Will Ben initiate quantitative easing III? Ask yourself how many votes this will buy in the election and you have your answer.

See additional comments on Tea Party Nation. Ben Bernanke stated last week that the lack of jobs is a “grave concern”:  The stagnation of the labor market in particular is a grave concern not only because of the enormous suffering and … Continue reading

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It’s Even Worse Than The Great Depression

Velocity of money is the  frequency with which a unit of money is spent on new goods and services.   It is a far better indicator of economic activity than GDP, consumer prices, the stock market, or sales of men’s underwear (which … Continue reading

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How Close Are We to New Great Depression?

The risk of a new depression — a sustained, severe recession — has struck fear into the heart of markets and driven monetary policy in developed economies since the current financial crisis began. “We’re in a very unfortunate position to … Continue reading

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Biden Finally Figures It Out

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Charts That Prove We’re in a Depression and The Stimulus Hasn’t Worked

Wall Street and mainstream economists are abuzz that we’re seeing a recovery in the US due to the latest jobs data. These folks are not only missing the big picture, but they’re not even reading the fine print (more on … Continue reading

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