CLICK GRAPHIC TO VIEW (Part 1 of 3, 28 SEPTEMBER INTERVIEW) Celente Blasted For Calling Cuomo A Nazi, Okay For Biden To Call Trump A Nazi. Gerald Celente guest hosts The Alex Jones Show to expose the hypocrisy of him being called out for calling Cuomo a Nazi for his authoritarian governance, yet Biden is...
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ZOMBIE COMPANIES STALK EUROPE’S ECONOMY
About 20 percent of U.K. companies and more than 16 percent of Germany’s are classified as “zombie firms” – the living dead. A zombie company is one that has over-borrowed, is at risk of default, and must keep borrowing new money to pay off existing loans. The ranks of zombies have been growing for two...
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GOING DOWN, GOING BUST, GOING OUT
RAYTHEON CUTS 15,000 JOBS. Citing “all the uncertainty in the recovery of commercial air traffic,” Greg Hayes, Raytheon CEO, revealed the company would more than double the number of layoffs from its corporate and commercial aerospace divisions that it had announced previously. The company sees air travel gradually recovering, finally returning to pre-pandemic levels in...
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INDIA’S ECONOMIC GLOOM
During the year that will end on 31 March 2021, India’s economy will contract by 9 percent, said ratings agency Standard & Poor’s (S&P), not the 5 percent the agency had predicted earlier. The pandemic and shutdown will rob India’s GDP of 13 percent of its potential growth over the next three years, S&P added....
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NEW ZEALAND ENTERS RECESSION
New Zealand’s economy contracted 12.2 percent in this year’s second quarter, the largest fall since 1987, the year the country began monitoring the number, and the country’s first quarter of negative growth since March 2010. Household spending dropped 12 percent; construction and manufacturing were off 25.8 and 13 percent, respectively, from the previous year. The...
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60 PERCENT OF CANADA’S RESTAURANTS MAY FAIL
Six of every ten restaurants in Canada could go out of business by November if the government offers no aid, according to a new study by the Canadian Survey on Business Conditions. Twenty-nine percent cannot operate at all under current social distancing mandates and 31 percent say they can survive no longer than 90 days...
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LACK OF SKILLED LABOR THREATENS CHINA’S GROWTH
A growing proportion of Chinese workers lack the specialized abilities needed to power the country’s increasingly sophisticated economy. Up to 9 percent of China’s workers lost their jobs during the economic shutdown and have been unable to find new work because they lack marketable skills, according to a study by Peking University. The problem is...