Not only labor shortages and debt surge but also housing glut and record delinquencies prove today’s crisis beats 2008 severe standards

Picture 2008 again. The fear on screens. The system breaking. Now pause. The difference today is quieter and darker. The collapse arrives in data points, not alarms. Start with labor. The working‑age population between 25 and 54 is now shrinking in absolute terms. That means fewer workers, fewer new households, …

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Dump truck owner pays $126K a year for basic insurance… He only has 6 trucks, no umbrella insurance or workers comp.

American started a small dump truck business in Connecticut He’s exposing what a scam commercial insurance is He only has 6 trucks, no umbrella insurance or workers comp. “$126,000 a year. That's almost $12,000 a month just in truck insurance” “This doesn't include workers… pic.twitter.com/XvPzO2mxYz — Wall Street Apes (@WallStreetApes) …

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They’re sacrificing their own to feed the AI beast as layoffs spark a vicious cycle: firing workers, losing customers, shrinking demand, then firing even more.

Watch about 5 minutes is all you need. Basically he talks about these big tech companies going all in on ai and then automating their employees out. Employees laid off and they don’t buy that companies products. So company lays off more employees, and the circle continues. They’re eating their …

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Deadly explosion at China chemical plant, emergency crews search for missing workers

🇨🇳An explosion at a chemical plant in eastern China, reports. No of Victims unknown, rescue ops are ongoing. Cause of incident not stated. Plant belongs to Shandong Youdao Chemical, the world's largest producer of pesticide chlorpyrifos, producing about 11k tons substance p/yr. pic.twitter.com/9GDRhPnPWh — Deepak . J 🇮🇳 (@GeoDeepak) May …

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Foxconn China workers assembling $AAPL phones too expensive at $3/hour in 2023. The jobs aren’t coming back, only AI & Robots

Foxconn workers in China who assemble $AAPL phones, were considered too expensive at $3 per hour, in 2023. Does the Commerce Secretary really think those $3/hour jobs are coming back to the US?! https://t.co/BLGkhpT4w2 pic.twitter.com/fqRJnxgTnN — James Chanos (@RealJimChanos) May 1, 2025 The jobs aren't coming back, only AI & …

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Thousands of North Korean IT workers infiltrate Fortune 500. 95% of applicants for crypto startup are North Korean

The UN estimated the North Korean IT worker scam has generated $250 million to $600 million every year since 2018. Fortune news editor Amanda Gerut explains. https://t.co/0gfJweWgdp pic.twitter.com/18lupXKlVU — FORTUNE (@FortuneMagazine) April 11, 2025 Thousands of North Korean IT workers have infiltrated the Fortune 500—and they keep getting hired for more …

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Donald Trump totally flips on immigration and says illegals can stay if they farmers or hotel workers.

Trump’s message to illegal immigrants: If you’re a farmer or a hotel worker, you’re good to stay for now. pic.twitter.com/NUv6mPQLbL — Spencer Hakimian (@SpencerHakimian) April 10, 2025 Trump on deportations: We are going to work with farmers. If they have strong recommendations for their farms for certain people we’re going …

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Whirpool announces layoff of 650 workers in Iowa, one third of its workforce, due to projected reduced consumer demand.

Whirlpool Corp. has announced it is letting go of 651 workers from its manufacturing facility in Amana, effective June 1, in the largest single Iowa layoff since Tyson Foods last spring shut down its 1,200-worker pork plant in Perry. A statement from Whirlpool blamed the layoffs on reduced consumer demand, …

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US workers earning far more than global counterparts.

This is an absolutely major theme in the coming years. A massive wage arbitrage has opened between the US and its competitors. The overwhelming majority of people in the US have no idea just how much more money they make than the Japanese, French, British, etc. pic.twitter.com/NdiLFQWwzx — Jeff Weniger …

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Amazon’s automation trend is unstoppable, with over 750,000 robots replacing human workers.

With Amazon deploying over 750,000 robots that replace 24 workers each, automation is rapidly reshaping the workforce. If you’re in logistics, warehouse management, or other vulnerable industries, consider investing in upskilling for more tech-focused roles. The shift is already happening, adapt or risk being replaced. Amazon $AMZN now has over …

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Trump to Fire 6,000 IRS Workers Tomorrow – Terminations will Target Employees Hired by Biden Regime.

NEW: The Internal Revenue Service will begin laying off roughly 6,000 employees on Thursday as part of the Trump administration’s push to downsize the federal work force, three people familiar with the agency’s plans said. w/@aduehren https://t.co/gBHfhZBBRX — Michael S. Schmidt (@nytmike) February 19, 2025 The Internal Revenue Service will …

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Amazon workers reject union in vote at North Carolina warehouse

Amazon workers at a facility near Raleigh, North Carolina, overwhelmingly voted against unionizing on Saturday. Of the 3,276 ballots cast, there were 2,447 votes opposing the union and 829 in favor, according to Carolina Amazonians United for Solidarity and Empowerment (CAUSE), the group seeking to represent workers. The results still need to be …

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75,000 federal workers have accepted Trump’s deferred buyout, and while the unions are crying foul, the writing is on the wall

It’s wild how much has changed in such a short time. The buyout program initiated by Trump and pushed forward by Musk’s Department of Government Efficiency has seen a staggering 75,000 federal workers walk away with a package they just couldn’t refuse. With the federal workforce swelling to over 2 …

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20,000 federal workers accept Trump buyout — so far.

About 20,000 federal workers have accepted the “buyout” offer put forward by the Trump administration last week, a senior administration official tells Axios. Why it matters: It’s a significant number of people — about 1% of the federal workforce — but still substantially less than the White House’s target of …

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