marketcrash
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News & Articles By Ethan Huff
07/05/2017
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By Ethan Huff
The latest crypto con: ICO (Initial Coin Offerings) fleece investors while evading regulations
Many modern startup companies are skipping the usual methods of raising funds – things like pitching to venture capitalists, selling stock in an initial public offering, and crowdfunding through sites like Kickstarter – and opting instead for what’s known as an initial coin offering, or an ICO. Capitalizing on the cryptocurrency craze, ICOs are becoming […]
07/05/2017
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By Ethan Huff
The global economy is grinding to a halt as Sears Canada is forced to close 60 stores and lay off thousands of workers
More signs of an impending mass retail collapse are emerging, this time in Canada. According to new reports, struggling department store giant Sears is planning to close 60 stores throughout Canada, eliminating nearly 3,000 jobs in the process and setting the company on a track towards bankruptcy. Sears Canada announced in a press release that […]
07/04/2017
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By Ethan Huff
Snap Inc. just crashed to its IPO price as tech bubble begins to unravel, shocking young, gullible investors who think wealth is generated by magic
It hasn’t even been four months since Snap Inc., the parent company of Snapchat, made its initial public offering (IPO), and there are already some serious financial troubles brewing for the social media giant. After seeing an initial climb to an all-time high of $27.09 on March 3, just one day after the company’s IPO, […]
06/23/2017
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By Ethan Huff
Is Illinois the next Venezuela? Democrats have driven Illinois to the point of bankruptcy, and soon pensions and road repair will collapse
The state of Illinois is in the throes of a serious financial crisis – arguably the worst in our nation’s history, in fact – that threatens to drive the midwestern enclave to the brink of bankruptcy and collapse. Reports indicate that Illinois is facing a more than $15 billion deficit as lawmakers scramble to implement […]
06/20/2017
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By Ethan Huff
Long-time crypto miner confesses: “I was wrong about Ethereum,” predicts catastrophic crash of numerous crypto currency bubbles
So-called “cryptocurrencies” are becoming a dime a dozen these days, with new blockchain platforms popping up on the regular. But how stable are they? One long-time investor says not very, admitting in a recent blog post that popular systems like Ethereum aren’t legitimate stores of value like many people think they are, and that once […]
06/15/2017
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By Ethan Huff
Raoul Pal warns Bitcoin is a speculative bubble, “scarcity” may be a myth and it isn’t a “store of value”
A bitcoin investor who purchased the popular cryptocurrency several years back when it was only about $200 – it’s now valued at almost $3,000 U.S. – recently sold everything he had and moved his money elsewhere. And his advice is that you should do the same if you don’t want to suffer the consequences of […]
06/08/2017
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By Ethan Huff
Sovereign Man agrees with the Health Ranger: Bitcoin has become a “tulip bulb mania” speculative bubble… and all bubbles end badly
Everyone is jumping on the Bitcoin bandwagon these days as the popular cryptocurrency continues to soar in perceived value relative to the dollar. But the Bitcoin bubble could be in the final stages of inflation, warns Simon Black of Sovereign Man, meaning this bubble could burst at any moment once the mad rush of speculation […]
06/01/2017
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By Ethan Huff
Is your pension fund a massive Ponzi scheme? That’s how they’re being run…
If you’re a working employee contributing to a pension fund for your future retirement, your contributions could be getting spent on payouts to current retirees rather than invested as they should be for your eventual use. That’s because pension funds tend to function more like Ponzi schemes than actual retirement programs, benefiting those who contribute […]
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