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News & Articles By Ethan Huff
04/12/2023
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By Ethan Huff
U.S. banks saw WORST withdrawal panic EVER in March – another $65 billion pulled by commercial depositors
In the latest week for which there is data, commercial bank deposits plummeted by another $64.7 billion, this marking the 10th straight decrease in a row over the past several months. Fears about the integrity of American banking appear to be driving depositors away from holding their cash at banks, with commercial deposits having dropped […]
04/11/2023
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By Ethan Huff
Australia launches CBDC test program, complete with carbon credit trading
The Reserve Bank of Australia (RBA), similar to the private Federal Reserve here in the United States, has launched 14 different central bank digital currency (CBDC) pilot programs in an effort to shift the country entirely to a cashless society. The Australian and New Zealand Banking Group (ANZ) reportedly partnered with Grollo Carbon Ventures (GCV) […]
04/07/2023
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By Ethan Huff
Walmart cuts another 2,000 warehouse jobs following retail store closure announcement
Five of Walmart’s e-commerce warehouses are slated to lose another 2,000 jobs, the company announced this week. More than 1,000 people will be let go from a warehouse in Fort Worth, Tex., as will 600 people at a Pennsylvania fulfillment center; 40 people at a Florida warehouse; and 200 people in New Jersey, regulatory filings […]
04/07/2023
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By Ethan Huff
Three congressmen introduce bill to once again back dollars with gold
In the lead-up to Easter, three United States congressmen, all Republican, have introduced a bill that would once again back the U.S. dollar with gold rather than nothing. Reps. Alex Mooney (R-W.V.), Andy Biggs (R-Az.), and Paul Gosar (R-Az.) say that HR 2435, also known as the “Gold Standard Restoration Act,” will help to restabilize […]
04/07/2023
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By Ethan Huff
New post-pandemic dining restrictions in some cities charge customers hundreds of dollars just to get seated at a table
A lot has changed ever since the Wuhan coronavirus (Covid-19) was forced on the world, including in the food service industry. Some restaurants in major cities like Chicago have begun imposing minimum purchase requirements on their patrons, or charging cancelation fees for reservations. Mandatory minimums are gradually becoming the norm in some areas, especially at […]
04/06/2023
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By Ethan Huff
FINANCIAL COLLAPSE: Once again, Blackstone REIT is limiting investor redemptions
Blackstone, the world’s largest “alternative” asset manager, appears to be going insolvent as it once again, for the second time in the past year, blocks withdrawals from its $70 billion real estate income trust (REIT). Following “a flurry of redemption requests” in excess of the fund’s preset 5 percent net asset value limit for withdrawals, […]
04/05/2023
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By Ethan Huff
PULLING THE PLUG: Another $126 billion pulled by depositors from U.S. banks, Federal Reserve data shows
Public trust in the American banking system continues to plummet as depositors drained another $126 billion from United States banks during the week ending March 22, according to new data from the private Federal Reserve. The largest outflows occurred at big-boy banks, the top 25 of which lost $90 billion on a seasonally adjusted basis. […]
04/05/2023
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By Ethan Huff
U.S. dollar rapidly losing world reserve currency status; China, Russia (BRICS) to replace it
The non-Western world is desperately working to unseat the United States dollar, also known as the Federal Reserve note, from being the chief international reserve currency. Led primarily by Russia and China, efforts to replace the dollar with something else have never been closer to coming to fruition. And once that happens, it is game […]
04/05/2023
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By Ethan Huff
McDonald’s “temporarily” shuts down U.S. offices, announces impending layoffs
The world’s most well-known fast-food chain is closing its doors, at least temporarily, while it sizes up which corporate employees will get axed in the coming days. That fast-food chain is McDonald’s, which like many other American corporations is having to trim its human resources amid a collapsing economy. According to reports, McDonald’s is engaging […]
03/31/2023
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By Ethan Huff
Former Treasury official: If U.S. dollar loses global reserve currency status, there will be a complete economic IMPLOSION
The way things are currently headed, the United States dollar, a fiat currency endlessly printed by the private Federal Reserve banking cartel, is eventually going to lose its status as the world reserve currency. Once that happens, it will be game over for the current global economic order. Former Assistant Secretary for Public Affairs at […]
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