Global debt hit an all time high of $307 trillion in the first half of 2023 – and developed...
Archive for category: #Capitalism #EconomicCrisis #Finance
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https://www.businessinsider.com/china-economy-us-spillover-debt-deflation-property-crisis-david-rosenberg-2023-9
A key recession indicator is still flashing red after a record 212 straight trading days
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https://markets.businessinsider.com/news/bonds/recession-indicator-economic-outlook-alarm-bond-market-record-yield-curve-2023-9
US commercial-property crisis deepens with office vacancy rate topping 2008 highs to hit a new record
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https://markets.businessinsider.com/news/stocks/us-commercial-sector-crisis-deepens-vacancy-rate-tops-2008-highs-2023-9
Poverty Rate Soared in 2022 as Aid Ended and Prices Rose
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: More U.S. companies have gone bankrupt in 2023 so far than all of 2022 or 2021
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https://www.marketwatch.com/news/story.asp?guid=%7B20C06575-04D4-B545-7260-C589FB32BA52%7D&siteid=rss&rss=1
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https://asia.nikkei.com/Spotlight/Belt-and-Road/China-s-Belt-and-Road-at-crossroads-as-more-loans-turn-sour
: Bankruptcies spiked in August — the post-COVID rebound ‘is becoming a reality’
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https://www.marketwatch.com/news/story.asp?guid=%7B20C06575-04D4-B545-725B-8BAC5D17834D%7D&siteid=rss&rss=1
US households are on the brink with excess savings likely to be depleted by month-end, San Francisco Fed says
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https://www.businessinsider.com/us-households-on-brink-household-savings-dry-up-september-fed-2023-9
Exxon Mobil Predicts Climate Efforts Will Fail
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https://futurism.com/the-byte/exxon-predicts-climate-efforts-fail