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News & Articles By Ethan Huff
07/01/2022
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By Ethan Huff
The Ponzi NFT market is collapsing as people realize that stupid images of cartoon rocks are never going to have intrinsic value
Since reaching its peak late last summer, the market for non-fungible tokens (NFTs) has cratered. Images that were worth (supposedly) thousands or even millions of dollars are now being pushed for a tiny fraction of that with no buyers. It seems that NFTs, at least in their current use applications, are mostly a bust. Much […]
06/29/2022
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By Ethan Huff
CRYPTO CONTAGION: Three Arrows Capital defaults after failing to make required payment on loan of 15,250 bitcoins
Voyager Digital LLC just issued a notice of default to Three Arrows Capital (3AC) after the latter failed to make the required payments on a loan of 15,250 bitcoins (BTC) and $350 million of USD Coin (USDC). Another domino to fall in the cryptocurrency collapse contagion, 3AC will now have to work with Voyager’s advisors […]
06/28/2022
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By Ethan Huff
Putin says BRICS countries are establishing new global reserve currency to replace U.S. dollar
Brazil, Russia, India, China and South Africa (BRICS) are all working together right now to establish a new global reserve currency, says Russian President Vladimir Putin. The United States dollar, a fiat Ponzi scheme that has ruled the world for far too long, is on its last legs. And Putin, speaking at the recent BRICS […]
06/23/2022
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By Ethan Huff
Biden asks Congress to suspend federal gas tax for 90 days – WHY NOT PERMANENTLY?
Fake “president” Joe Biden stumbled through a speech this week calling on Congress to immediately suspend the federal gas tax for the next three months, which will shave 18 cents per gallon off the cost of automobile fuel. Just days after Treasury Secretary Janet Yellen proposed the very same thing, Biden made an appearance to […]
06/16/2022
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By Ethan Huff
Russia’s Gazprom has cut natural gas flows to Germany by 60% – Western Europe is about to get the “green energy” nightmare it always wanted
For the second day in a row, Russia’s Gazprom, a majority state-owned supplier of natural gas, has reduced export flows of the fossil fuel to Germany. Combined with the first cut, Germany is now receiving only 40 percent of the normal amount of Russian natural gas through the Nord Stream 1 pipeline, all thanks to […]
06/16/2022
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By Ethan Huff
Biden quietly begs U.S. companies to buy Russian fertilizer to solve problem he helped create
After imposing sanctions that resulted in sharp decreases in supplies of agricultural inputs coupled with ever-rising inflation, the Biden regime is now asking agricultural and shipping companies to purchase and hold more Russian fertilizer. People familiar with the matter, according to Bloomberg, are essentially begging U.S. companies, albeit quietly, to buy and keep on hand […]
06/16/2022
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By Ethan Huff
First baby food, now TAMPONS are running out everywhere in Biden’s America
There is a new crisis sweeping across America that could leave women (and apparently some men) without access to feminine hygiene products. According to reports, drug store chains like CVS and Walgreens are having trouble keeping tampons in stock, as this is the latest item to be struck, we are told, by supply chain woes […]
06/15/2022
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By Ethan Huff
Bitcoin and nearly all other crypto PLUMMET amid crashing markets
More than $200 billion was wiped off the cryptocurrency market over the weekend as Bitcoin, the global crypto leader, shed about 20 percent from its price. As of this writing, Bitcoin is hovering around $21,000 per coin, which is about one-third of what it was around Christmastime. Nearly every other crypto coin out there plunged […]
06/14/2022
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By Ethan Huff
Food, fuel and consumer goods in America are more expensive than ever – and the markets are crashing
The official inflation numbers, which are skewed to make the situation appear better than it actually is, have reached the highest levels in 40 years. At 8.6 percent officially – the real figure using old calculation methods is easily in the double digits – inflation is killing what remains of America’s middle class. And the […]
06/14/2022
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By Ethan Huff
Demand for imports plummeting as global economic house of cards implodes
Just a few months ago, consumer demand was through the roof and shipping containers were having a difficult time reaching some ports and offloading their goods due to residual Wuhan coronavirus (Covid-19) restrictions. Now, the opposite situation is unfolding as nobody wants to buy much of anything anymore. Chalk it up to inflation perhaps, but […]
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