TV News LIES

Saturday, Nov 23rd

Last update08:46:49 AM GMT

You are here News Economy A year after financial crisis, the consumer economy is dead

A year after financial crisis, the consumer economy is dead

E-mail Print PDF

One year after the near collapse of the global financial system, this much is clear: The financial world as we knew it is over, and something new is rising from its ashes. Historians will look to September 2008 as a watershed for the U.S. economy.

More...

TVNL Comment: Keeping consumers in constant debt is the strategy that feeds capitalism as we know it.  Don't kid yourself.  The cycle will crawl back and debt will rule once again.


Most Recent Related Stories...


Citing the pandemic, TGI Fridays files for bankruptcy

TGI Fridays files for bankruptsyThe parent company of TGI Fridays, the casual dining chain, has filed for bankruptcy, the company...

US adds over 250,000 jobs in September, defying fears of slowdown

250,000 jobs added in September American employers added 254,000 jobs last month in the penultimate jobs report before the US election,...

Boeing will lay off 10% of employees as a strike shuts down airplane production

Boeing lays of ten percent of work force Boeing plans to lay off about 10% of its workers in the coming months, about 17,000...

Fed cuts interest rates in historic move. Are more large cuts ahead?

Fed reserve chief PowelllThe Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!