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News & Articles By Cassie B.
05/11/2020
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By Cassie B.
Record number of Americans out of work as coronavirus crisis continues to ravage the economy
In case there was any doubt just how seriously the coronavirus pandemic is hurting the economy, new data from the Bureau of Labor Statistics shows that the labor force participation rate in the U.S. sunk to a 47-year low of just 60.2 percent in April. The numbers are even more staggering when you consider that […]
04/09/2020
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By Cassie B.
U.S. headed for “unprecedented housing crisis” as mass evictions loom
The U.S. is on its way to what experts term an unprecedented housing crisis as a huge wave of evictions looms – and measures like temporary bans in some places aren’t going to help much in the long term. Princeton University’s Eviction Lab tracks eviction policies and trends at the state and federal levels, and […]
01/09/2019
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By Cassie B.
Pot prices are collapsing in Oregon as too many marijuana growers produce glut of weed
A serious oversupply has caused prices of marijuana in Oregon to collapse just three years after lawmakers enacted a recreational cannabis law in the state. Now, many of the state’s licensed growers and retailers alike could be facing bankruptcy. Cannabis farmers reportedly harvested over 2.5 million pounds of marijuana in October alone, 1.3 million of […]
07/08/2018
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By Cassie B.
Fund managers warn that the next economic crisis is going to be “ugly” — are you prepared for it?
If you’ve been putting off getting your finances in order because the economic situation has been relatively stable recently, it might be time to re-think your approach as fund managers are warning that the next economic crisis is looming – and it’s going to be “ugly”. The U.S. is now sitting at the peak of […]
05/13/2018
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By Cassie B.
First Venezuela, now Argentina on the verge of financial catastrophe
Argentina could soon follow in Venezuela’s footsteps as the country moves toward financial collapse. The peso is dropping while prices rise dramatically, and Argentina has now made the very serious move of entering talks with the International Monetary Fund to seek financial rescue. It’s an interesting step for the country given its history. When Argentina […]
05/25/2017
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By Cassie B.
7 obvious warning signs we are heading for an economic meltdown
While the mainstream media tries to paint a positive picture of economic recovery taking place in our country right now, there are some disturbing signs that a 2008-like economic meltdown is on the horizon. The U.S. GDP grew at its worst rate in three years during 2017’s first quarter, with a seasonally adjusted annual rate […]
05/11/2017
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By Cassie B.
Millennials under the impression they will RETIRE at 59, according to shocking new statistics
Almost everyone would like to retire early, but many of us realize it’s nothing more than a dream. The millennial generation, however, appears to be under the impression that they will be lucky enough to stop working before their 60th birthdays, despite nearly all the signs pointing in the opposite direction. A new report from […]
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