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News & Articles By Ethan Huff
08/04/2023
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By Ethan Huff
EV supply chain problems drive GM to build “green” battery packs for electric cars BY HAND
The automotive industry is losing money hand over fist as it attempts to comply with the Biden regime’s “green” energy initiatives, which includes eventually replacing all gas-powered cars with electric vehicles (EVs). General Motors (GM) is reportedly struggling with costs as it feverishly works to unleash more EVs while still maintaining some kind of profit. […]
08/03/2023
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By Ethan Huff
CVS to slash 5,000 jobs, close 900 stores as vaccines kill off repeat customers
As the United States-based pharmacy chain continues to shift its focus more onto healthcare services, CVS Health has announced that it is cutting about 5,000 jobs and closing 900 stores over the next three years. To save the company money so it has a better chance of surviving, CVS Health is slashing mostly corporate jobs, […]
07/31/2023
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By Ethan Huff
US government quietly announced COLLAPSE of another bank late Friday (hoping nobody would notice)
Late last week, the Kansas Office of the State Bank Commissioner shut down Heartland Tri-State Bank of Elkhart, Kan., prompting the Federal Deposit Insurance Corporation (FDIC) to enter into a purchase and assumption agreement with Dream First Bank, National Association, of Syracuse, Kan. The FDIC and Dream First Bank, National Association have since assumed all […]
07/31/2023
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By Ethan Huff
The international monetary system will COLLAPSE, warns James Rickards – it’s not a matter of IF but WHEN
Financial expert James G. Rickards is sounding the alarm about the impending collapse of the international monetary system. A lawyer and investment banker with 50 years of experience in monetary economics, Rickards says “we’re at war,” this being the title of a new piece he wrote about the falling house of cards known as global […]
07/30/2023
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By Ethan Huff
Force majeure becoming the norm in commodities and derivatives markets, which means higher prices and more social unrest
Newmont, one of the world’s largest gold companies and a leading producer of copper, zinc, lead, and silver, declared a “force majeure” this week indicating that it will not be able to deliver on contractual agreements for at least some of its products. Reuters picked up the story and reported that a union strike at […]
07/25/2023
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By Ethan Huff
Walgreens in San Francisco CHAINING freezers shut to stop thieves from stealing pizza, ice cream 20 times a day
Smash-and-grab criminal acts are so rampant in San Francisco these days that pharmacy chain Walgreens is resorting to chaining its freezers shut to deter thieves from stealing foods like ice cream and pizza upwards of 20 times a day. The following video footage captured by a customer at the Walgreens location on 16th Street and […]
07/24/2023
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By Ethan Huff
BlackRock CEO celebrates SEC acceptance of Bitcoin ETF application, says crypto “will transcend international currencies”
The head of the world’s largest asset manager has changed his mind on cryptocurrencies like Bitcoin, which he opposed in 2017 but supports today. Larry Fink, CEO of BlackRock, is making the media rounds in support of cryptos, arguing that they can “democratize” finance while “digitizing gold.” With United States regulators now considering the creation […]
07/21/2023
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By Ethan Huff
IMF hints that countries will soon be able to repay debt using Chinese YUAN currency
Following Argentina’s recent debt repayment in the Chinese yuan, the International Monetary Fund (IMF) has hinted that it may soon accept the yuan from all countries that need to settle their debt obligations. IMF spokesperson Julie Kozack confirmed that Argentina paid off $1.1 billion of its $2.7 billion debt using the yuan, and that it […]
07/19/2023
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By Ethan Huff
Fifty-two countries on verge of debt default, UN warns
The world’s developing countries are not making any real progress in relieving their debts, the United Nations Development Programme (UNDP) has warned. At a recent meeting of G20 ministers in India, the subject of debt relief was brought up as a follow-up to the publishing of a UN report the week prior detailing the fact […]
07/14/2023
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By Ethan Huff
Nobody is buying electric cars, but automakers continue to manufacture them in accordance with “green” agenda
The automobile industry in the United States is rapidly declining thanks to the government’s “green” energy and electric vehicle (EV) push. In 2023 alone, Ford is slated to lose $3 billion on electric cars, which very few people want to buy. EVs are piling up on both new and used car lots because most Americans […]
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