Submitted by Michael Snyder via The Economic Collapse blog,
In this day and age it seems like almost everything is disposable, and many employers have found that they can make a lot more money if they have a workforce that can be turned on and off like a faucet. In America today, there are more than 17 million “independent workers”, and they represent a bigger share of the workforce than ever before.
The world is lurching towards another Crisis.
Japan, which has been ground zero for Keynesian insanity, is back in technical recession. This comes after the Bank of Japan launched the single largest QE program in history: a QE program equal to 25% of GDP launched in April 2013.
Earlier this month, we profiled yet another casualty of slumping trade, falling commodity prices, and mediocre, double-adjusted economic “growth”: trucking.
More specifically, we highlighted the dramatic November decline in Class 5-8 orders. The numbers for Class 8 - those trucks with a gross weight over 33K pounds and which, you’re reminded, make up the backbone of U.S. trade infrastructure and logistics - were a veritable disaster.
According to a local Russian newspaper, Khasanskie Vesti, a Russian man from Vladivostok in eastern Russia “came back” to life in a morgue after doctors had declared him dead the night before. Sputnik reports: A man was drinking vodka with his friends when suddenly after yet another shot he suddenly dropped dead. Like actually dead. His friends became worried and called an ambulance. When paramedics arrived they diagnosed the man dead and sent his body to a morgue.
Storm Frank has been hindering pilots trying to land their jets at Birmingham Airport during 50mph cross winds. collegefreaks2000 YouTube video: Coventry Telegraph reports: Crews faced nightmare conditions as they battled to bring planes down in the blustery conditions which swept across the West Midlands on Wednesday. No flights were cancelled despite the gusts and all jets landed safely, according to a spokeswoman from the airport. But some pilots laboured to keep jets on track as they touched down in the winds, which came from the tail end of Storm Frank.