Saturday, October 17th, 2015


The Numbers Say That A Major Global Recession Has Already Begun

October 15, 2015   Economic Collapse Blog  / Michael Snyder The biggest bank in the western world has just come out and declared that the global economy is “already in a recession”. According to British banking giant HSBC, global trade is down 8.4 percent so far this year, and global GDP expressed in U.S. dollars is down 3.4 percent. So those that are waiting for the next worldwide economic recession to begin can stop waiting. It is officially here. As you will see below, money is fleeing emerging markets atRead More

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