Blog Posts - Recession



UK inflation rate turns negative

The main measure of UK inflation turned negative in April for the first time on record- with the rate falling to -0.1%. It is the first time that the Consumer Price Index (CPI) inflation has turned negative since 1960, based on comparable historic es...
by Wise Money on May 19, 2015

Jim Rogers: ‘The Game Is Getting Close To An End’

GoldSeek.com Radio’s Chris Waltzek recently interviewed well-known investor, author, and financial commentator Jim Rogers. Talking to GoldSeek.com Radio from Switzerland, Rogers discussed a number of topics related to investing. While insightful, i...
by Survival And Prosperity on May 17, 2015

Where’s The Next Oil and Gas Job?

  A graduating petroleum engineer from Perth called me this week to get some insights into job prospects in Australia’s oil and gas sector as he joins what looks like a gutted job market. While I admired his gumption in tracking me down on...
by Fuel Up! on May 10, 2015

Chicago’s Financial, Job Woes Highlighted In Huffington Post Piece

Chicago-area readers are probably getting sick of my negative posts about Chicago, Cook County, and Illinois. I don’t like blogging about all the bad news either. However, I feel compelled to point out the massive challenges facing the city, county...
by Survival And Prosperity on May 5, 2015

Chicago Should Prepare For Baltimore-Style Civil Unrest

Have any readers been following what’s been going on in Baltimore as it concerns the protests and riots over the death of Freddie Gray? Do Chicago-area readers think such civil strife could happen here someday? It’s happened before. And consideri...
by Survival And Prosperity on Apr 30, 2015

Peter Schiff: U.S. Headed For ‘Major Economic Crisis’ Centered On Dollar

Euro Pacific Capital CEO/Chief Global Strategist Peter Schiff appeared on CNBC World Monday. Schiff, who correctly-called the housing bubble/crash and financial crisis late last decade, warned viewers: What people have to understand, is because of th...
by Survival And Prosperity on Apr 29, 2015

UK economic growth slows to 0.3pc

The rate of economic UK growth has halved in the three months to the end of March- marking the slowest quarterly growth for two years. The UK economy grew by 0.3% in the quarter according to the Office for National Statistics (ONS) said. That compare...
by Wise Money on Apr 27, 2015

Polls Show Americans More Optimistic On Economy

Despite the significant financial challenges this country faces, a number of Americans seem to be more optimistic about the economy going forward. Jeffry Bartash reported on the MarketWatch website yesterday: Even though U.S. growth slowed sharply in...
by Survival And Prosperity on Apr 22, 2015

Quote For The Week

“We can survive. Yes you should have some gold coins as a HEDGE against a reset in the monetary system that is coming. But that is for diversification – not to exclusion of everything else. We are headed into a control-alt-delete reset. There is...
by Survival And Prosperity on Apr 12, 2015

Here's What Happens When You Offer New Yorkers Free Cupcakes

Well that’s one way to make a point. Only in New York, man. Only in New York.  The post Here's What Happens When You Offer New Yorkers Free Cupcakes appeared first on iHomeWalls.
by Harga Mania on Apr 8, 2015

Afterthoughts: Chicago’s 2015 Mayoral Election

In case you hadn’t heard, Rahm Emanuel remains Mayor of Chicago after defeating Jesús “Chuy” García yesterday in a run-off election 55.7 percent to 44.3 percent with 98.7% of precincts reporting. Here are some of my thoughts regarding...
by Survival And Prosperity on Apr 8, 2015

Bill Introduced To Permit Illinois Municipalities To File For Bankruptcy

Since I started blogging about a U.S. financial crash back on Memorial Day Weekend 2007, I’ve believed one casualty will be municipal government. Particularly in Illinois. So imagine my non-surprise when I spotted an article on the Chicago Tribune...
by Survival And Prosperity on Apr 5, 2015

How the hell did they get away with it? Michael Rosen explains

I thought this Facebook post by Michael Rosen would be of interest to readers:How the hell did they get away with it? Call me naive or stupid but when the financial crash came I will admit here and now that I thought that because, for the first time...
by wembleymatters on Apr 4, 2015

Peter Schiff: ‘We Are Headed For A Huge Day Of Reckoning’

Disturbing words from Euro Pacific Capital’s Peter Schiff in his latest entry on the The Schiff Report video blog on YouTube.com. The man who correctly predicted the U.S. housing bust and economic crisis at the end of the last decade warned March 1...
by Survival And Prosperity on Mar 24, 2015

The ‘Fearmongers’ Will Get The Last Laugh

I haven’t had much to blog about recently when it comes to the “crash prophets”- Marc Faber, Jeremy Grantham, Jim Rogers, and Peter Schiff. I have noticed one thing though. These individuals appear to be coming under a growing barrage of attack...
by Survival And Prosperity on Mar 8, 2015

The Recession is Bullhonkey: Michelle’s Story

This is part of The Recession is Bullhonkey series, where I share stories of those who have gotten hired and/or started their own businesses (or sometimes both!) since 2008. Michelle Fifis post is not only amazeballs for its inspiration factor (ca...
by When I Grow Up on Feb 16, 2015

Democrats Push ‘New Message’ Of Rebounding U.S. Economy

Big eye roll on my part when I spotted the following on my Internet service provider’s home page this afternoon. Charles Babington of the Associated Press reported Friday: Democrats’ new message on America’s economic recovery is: We tol...
by Survival And Prosperity on Jan 30, 2015

Signs Of The Time, Part 82

I had a tough choice to make earlier tonight- either watch President Obama’s 2015 State of the Union Speech, or finish up doing laundry. After all my clothes were put away, I saw on my Internet service provider’s home page some jibberish about ho...
by Survival And Prosperity on Jan 21, 2015

Alberta faces recession…

Because of falling oil prices. I predicted this about a two years ago. Right here. … and Ontario bounces back. With the lower price of oil and a lower dollar,it was inevitable. And I bet the short pants in the PMO are beginning to regret thei...
by Trashy's World on Jan 13, 2015

Marc Faber, Jeremy Grantham, Jim Rogers, And Peter Schiff All Sound The Alarm

I find it both funny and disturbing that the financial types who missed the U.S. housing bubble/bust and global economic crisis that was readily-visible by the second half of 2008 are now claiming the U.S. economic “recovery” is on solid footing...
by Survival And Prosperity on Jan 4, 2015


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