Futurist Thomas Frey: As the musical chairs game of unemployment money runs out, and an increasingly large number of people are left without a seat at the jobs table, desperation begins to set in.
Continue reading… “Micro-jobs and the emerging underground economy”
Hundreds of thousands of people in Spain claim unemployment benefit when they actually have some kind of work.
In the Via Barsanti in the town of PratoShi, Italy, Songbin’s existence came to light one morning only when stunned residents found his body outside an underground parking garage surrounded by drab apartment blocks.
Continue reading… “Europe’s ‘black economy’”
About 700 job reductions at HSBC will mainly affect UK branch offices.
The wave of lay-offs hitting banks gathered pace on Thursday. Thousands more job losses are set to hit retail businesses and market divisions while lenders fight off a limp economic recovery, trading woes and tougher regulation.
Continue reading… “Wave of lay-offs hitting banks and thousands more job losses to come”
People living with incurable dementia will reach reach 115 million by 2050 worldwide.
Experts believe as people begin to live to 100 Alzheimer’s disease could cause a global cash crunch in coming generations and must be considered a serious fiscal danger.
Continue reading… “Alzheimer’s disease could cause a global cash crunch say experts”
British welfare benefits allow London’s poor to live in areas such as affluent St. John’s Wood.
St. John’s Wood is the place the London A-listers choose to live. It is a neighborhood of the wealthy with its leafy avenues lined with the mansions of Paul McCartney, Ewan McGregor and Kate Moss. And yet, they share the most unlikely neighbors — the Kastrati family.
NYU Professor Nouriel Roubini warns that a “perfect storm” could hit the global economy.
Nouriel Roubini, a Professor at NYU has seized the headlines again this morning. Roubin is warning that a “perfect storm” of economic disasters may clobber the global economy in 2013.
Continue reading… “‘Perfect storm’ could smash the global economy in 2013”
An American icon
Big pickup trucks have had a great ride but those days are over. Sales and profits for U.S. car companies are down. The big pickup truck is victim of rising fuel costs, a troubled economy and changing consumer tastes.
Continue reading… “The Big Pickup Truck – An End to an American Icon”
Most expensive city in the world – Toyko.
Americans might complain about the high cost of living, but overseas the U.S. dollar is even weaker. Find out where it buys the least.
Continue reading… “Top 10 Most Expensive Cities in the World 2011”
Weak economy increases demand for used cars.
In Indianapolis, Debra Neel went to check out used Jeeps when she left with a bad case of sticker shock.
Continue reading… “Prices Soar on Used Cars as Demand Skyrockets and Supply Plummets”
Americans tighten belts as they are squeezed by rising prices and stagnant wages.
Consumers are being squeezed on both sides by wages that aren’t increasing and rising prices. According to survey data by Goldman Sachs, the number of people who believe they will bring home more money one year from now is at its lowest in 25 years.
Continue reading… “Americans Pessimistic About Income Growth”
The smell of corruption is offending more than few nostrils
Futurist Thomas Frey: Recent attempts by Congress and the Federal Reserve Board to curb the excessive fees being charged by credit cards, banks, and finance companies have resulted in a punitive industry response with interest rates and fees climbing in almost every category. This action has resulted in nothing short of a full-scale revolt by a victimized-feeling public.
Continue reading… “The Great Bank & Credit Card Backlash”
Futurist Thomas Frey: The total number of governmental bodies in the U.S. is approaching a staggering number – 90,000. During normal economic times there is plenty of money to go around, but now every city, state, county, parish, township, and special taxing district is competing for the same tax dollars that the federal government is.
Continue reading… “A Country of 90,000 Governments”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
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