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Countdown to Financial Armageddon
Tracking the final days of the debt bubble
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UK 'loses five years of growth' to New Depression

UK 'loses five years of growth' to New Depression | Countdown to Financial Armageddon | Scoop.it

Economic growth in the UK "remains subdued" and output will not reach 2008 levels until 2013, the National Institute for Economic and Social Research says.

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Eurozone manufacturing contracts (again)

Eurozone manufacturing contracts (again) | Countdown to Financial Armageddon | Scoop.it

Manufacturing in the eurozone shrank at its fastest pace in two years last month, a business survey shows.

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Factories stall worldwide and U.S. jobless claims rise

Factories stall worldwide and U.S. jobless claims rise | Countdown to Financial Armageddon | Scoop.it

(Reuters) - Manufacturing activity is contracting across Europe and most of Asia, data showed on Thursday, and a Chinese official declared that the world economy faces a worse situation than in 2008 when Lehman Brothers collapsed.

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