Thousands Of Companies Around The World Just Confirmed That The Global Economy Is Struggling
Grant J. Kidney — In the following article from Business Insider, a rather grim look at the tremendous world economic slowdown is presented in the form of PMI statistics.
‘PMI’ stands for ‘purchasing managers index’ and is one of the best leading indicators of overall economic health.
If the following data is correct, it means a total economic crash is just over the horizon. In other words, gear up for the end of the consumer-based world as we know it and say hello to the emerging post-industrial wasteland.