- Published on Aug 17, 2015
Greece faces snap elections and government abandons Tspiras. Mass layoffs in the US continues. Factory orders in NY shrink and reach 2009 recession levels, signalling we are headed into a collapse. Home-builder confidence improves as lumber demand/prices fall and mortgage demand is at its lowest point. Retail collapses as profits in major retailers decline. The Telegraph believes the market doomsday clock it one minute from midnight, the economic collapse has arrived.