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Guest: Economic Collapse Financial News Brief
Report Date: June 14th,2017
Sears might be closing down their stores in Canada. Kellogg's is laying off more employees than originally thought. Today in America there are only 35% businesses that are not profitable. 40% young adults are living with their parents. Retail store closures have skyrocketed to over 286%.Consumer price index has surged. Goldman has started covering bitcoin. Russia has met with the developer of Ethereum they are thinking about using block chain technology in their currency. Trump lays out plan to overhaul the banking regulation, this is to allow the banks bury themselves. Trump met with Yellen and he is using reverse psychology asking for rates to go lower.
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