Failing Companies Hit 2009 Peak as U.S. Economy Plunging Faster Than Stock Market!
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Look In My Book!: http://book.themoneygps.com ******************************************************************** My Free eCourse to Unveil the TRUTH: http://themoneygps.com/freeecourse Tools You NEED to Prepare for the COLLAPSE: http://themoneygps.com/store ******************************************************************** Sources: Number of Troubled Companies Nears 2009 Peak - MoneyBeat - WSJ Financially strapped companies’ ranks are swelling. A Moody’s Investors Service tally of the least-creditworthy companies rose by 10 to 274 this month, pushing it nearer to April 2009’s record 291. The list comprises companies rated at least six notches into junk territory with a negative outlook–which suggests a further downgrade could come soon. The uptrend is a sign that while the U.S. high-yield default rate remains below its long-term average (3.1% now versus 4.7% since 1983, per Moody’s), more corporate borrowers are finding themselves on shaky financial ground. http://blogs.wsj.com/moneybeat/2016/03/03/number-of-troubled-companies-nears-2009-peak/ World's super rich keep buying up luxury goods in face of wealth decline | Business | The Guardian http://www.theguardian.com/business/2016/mar/02/global-super-rich-luxury-goods-yachts-wealth-report-knight-frank 0 of 2 uploaded - YouTube https://www.youtube.com/upload
Comments
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Crash is upon us David. It will be very quick when it completely unravels
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Thanks for the update.
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People with 30 million are middle class? Is that what you said!
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keep up the good work relax you found the soxs
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Woot woot
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The propaganda ministry is cranking out misdirection and disinformation at an accelerated rate during the election cycle. Another great video.
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Wait I thought India and globalization were going to save us? You mean they didn't? Google "India quietly destroying the US economy".
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Great info, thanks!
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We're not circling back into the #GreatRecession of 2008/2009.....The United States never truly left that recession in the first place. Canada won't do well either, as Canada growth for the last 10 years was with #Commodities, which that #Bubble is popping now....
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another question for you. What would be the best country to live in right now economically.
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I want to take from the rich and give it to the poor. Love your videos!
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No, thank you!
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Thank you.
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Thanks for taking the time to put out these videos. It's much appreciated.
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Your doing an excellent job with the Q&A. Don't know of any other 'site doing it. Alt-media's Brandon Smith responds as comments are posted but his is not strictly a financial page. Thanks for taking on the job, it was sorely needed.
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Just another long-established UK High Street icon that is on the ropes. Many more to come, for sure. You know things just have to get MUCH worse before they get better.
http://www.theguardian.com/business/2016/mar/03/bhs-threatens-close-half-stores-jobs-rent
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Meanwhile Statistics Canada reporting exports up one per cent on the month in January and 7.3 per cent on an annual basis.
Is that due to the low CDN dollar or will exports stall and our economy roll over and eventually crash? -
mac and cheese love it. thumbs up
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Thanks!
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Thank you David like hearing your take on what is happening in the world.
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