Road to Depression

Wal-Mart is closing hundreds of stores and laying off thousands of employees!

on . Posted in Road to Depression

BENTONVILLE, Arkansas (PNN) - January 16, 2016 - Wal-Mart is closing 269 stores and laying off thousands of employees.

The move will affect more than 16,000 employees, including 10,000 in the Fascist Police States of Amerika.

The closings include 154 locations in the FPSA - 102 of which are the company’s smallest stores, called Wal-Mart Express, which have been in pilot since 2011.

The worst ever stock market start is just the beginning!

on . Posted in Road to Depression

Unprecedented chaos is coming.

NEW YORK (PNN) - January 8, 2016 - We have never had a year start the way that 2016 has started. In the Fascist Police States of Amerika, the Dow Jones Industrial Average and the S&P 500 have both posted their worst four-day starts to a year ever. Canadian stocks are now down 21% since September, and it has been an absolute bloodbath in Europe over the past four days. Of course the primary catalyst for all of this is what has been going on in China. There has been an emergency suspension of trading in China two times within the past four days, and nobody is quite certain what is going to happen next. Eventually this wave of panic selling will settle down, but that won’t mean that this crisis will be over. In fact, what is coming is going to be much worse than what we have already seen.

Latest payroll jobs numbers are false and misleading!

on . Posted in Road to Depression

WASHINGTON (PNN) - November 6, 2015 - The Bureau of Labor Statistics announced today that the Fascist Police States of Amerika economy created 271,000 jobs in October, a number substantially in excess of the expected 175,000 to 190,000 jobs. The unexpected job gain has dropped the unemployment rate to 5%. These two numbers will be the focus of the financial media presstitutes.

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