david rosenberg

Tearing apart America

How unemployment is tearing America apart

With 25 million out of work or underemployed, the U.S. is in the grips of a jobs depression

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Awash in a sea of debt

Oblivious to the risks, Canadians are piling on record debt loads

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500,000 U.S. Job Losses

Sometimes all you can really say is “ouch.” Over half a million jobs lost in November in the U.S., bringing the total jobs cuts this year to 1.9 million. A couple of weeks ago when David Rosenberg said he thought there would be 3 million U.S. job losses before this crisis is over, that sounded excessive. Not anymore. I am making a personal rule to stop doubting David’s forecasts about how bad this could get.