MOODY’S WARNING: PAIN AHEAD FOR GLOBAL ECONOMY…

Risks to global growth have increased since November and world leaders have little left in their fiscal and monetary arsenals to mitigate the threat, Moody’s has warned. In its quarterly Global Macro Outlook 2016-17 report released Thursday, the ratings agency said that growth prospects were being hammered by China’s slowdown, a slump in commodity prices […]

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Sweden to become a Third World Country by 2030, according to UN

(Stockholm) According to UN projections, Sweden will be a much poorer country by 2030, much worse than what anyone in the Swedish government indicates. The UN report HDI (Human Development Index) predicts a significant decrease in Swedish prosperity, unlike their Nordic neighbors, who will retain their top positions and even strengthen them globally in the […]

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McDonalds is in deep depression and facing its final days

McDonald’s franchisees believe the brand is in a “deep depression” and could be facing its “final days,” according to a new survey. “We are in the throes of a deep depression, and nothing is changing,” one franchisee wrote in response to the survey by Nomura analyst Mark Kalinowski. “Probably 30% of operators are insolvent.” Another […]

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Wal-Mart’s Worst Stock Crash In 27 Years

Now that a major global recession has begun, you would expect major retailers like Wal-Mart to run into trouble as consumer spending dries up, and that is precisely what is happening.  On Wednesday, shares of Wal-Mart experienced their largest single day decline in 27 years after an extremely disappointing earnings projection was released.  The stock […]

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