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News & Articles By Ethan Huff
02/09/2024
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By Ethan Huff
Iraq to DITCH U.S. dollar for oil trades, joining growing dedollarization trend
In an effort to dodge ongoing United States sanctions against its banking system, the finance committee of the parliament of Iraq wants all oil sales from here on out to be transacted in currencies other than the Federal Reserve Notes, also known as the U.S. dollar. The committee released a statement chastising the U.S. government […]
02/06/2024
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By Ethan Huff
China’s central bank attempting to spark growth in 2024 by SLASHING banks’ reserve requirements
Last year was a lackluster year for China’s economy, so China’s central bank, the People’s Bank of China, is slashing the reserve requirements for banks in an effort to spark the appearance of economic growth in 2024. With lower reserve requirements, Chinese banks will be able to boost lending to households and businesses, which the […]
02/01/2024
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By Ethan Huff
Swelling DEBT crisis creating financial “death spiral” in America, economist warns
“Black Swan” author Nassim Taleb has a serious warning for America: the country’s debt pile is reaching “death spiral” proportions – and only a “miracle” can save the United States from what comes next. Referring to the mounting U.S. debt load as a “white swan” means a risk event that is highly predictable and probable. […]
01/30/2024
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By Ethan Huff
Hong Kong court tells China’s Evergrande property developer to LIQUIDATE with debts of $330 billion
China’s Evergrande Group is finally being liquidated more than two years after it defaulted, thanks to a court order out of Hong Kong. Widely recognized as the world’s most indebted developer, Evergrande currently holds more than $330 billion in total liabilities, which Justice Linda Chan says necessitates a liquidation. Since Evergrande has been unable to offer any […]
01/26/2024
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By Ethan Huff
Insolvency experts warn: More than 47,000 U.K. businesses on “brink of collapse” as global economy crumbles
The number of businesses in the United Kingdom facing “critical” financial distress in the final three months of 2023 skyrocketed by 25 percent, according to a new report. And 47,000 of them are now on the brink of going under entirely as conditions worsen. Despite continued government claims that economic conditions are just dandy, the […]
01/25/2024
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By Ethan Huff
American economy running on FUMES as consumer debt binge reaches ominous and historic fever pitch
Cost of living in the United States is so out of control that consumers are going into debt like never before in the nation’s history. This historic debt binge seemingly has no end, especially because of the increasingly harsh economic environment that is making it next to impossible for many people to continue making ends […]
01/10/2024
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By Ethan Huff
Peter Schiff says 2024 could be “horrible year for the dollar”
In one of his most recent podcasts, American stockbroker and financial commentator Peter Schiff warned that “2024 could be a horrible year for the dollar.” Schiff presented three big reasons why he believes inflation could rise even higher this year than last, one of them being that the private Federal Reserve banking cartel is surrendering […]
01/09/2024
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By Ethan Huff
NEW RECORD: U.S. national debt tops $34 trillion as nation accelerates toward financial collapse
For the first time in history, the national debt of the United States has surged over $34 trillion, according to the latest fiscal data published by the Department of the Treasury. On Dec. 29, 2023, the U.S. national debt reached $34,001,493,655,565.38 after one day prior hitting $33,911,227,723,170. In just one day over the holidays, in […]
01/03/2024
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By Ethan Huff
DOLLAR EXODUS: Investors scooping up “safe haven” assets like gold and bonds as dollar devaluation accelerates
Investors are seeing the writing on the wall concerning the dire future of Federal Reserve Notes (U.S. dollars), which is why they are shifting to “safe haven” assets like gold, bonds and Swiss francs. Panic buying for bonds is off the charts, as is the price of gold as investors gobble up whatever items of […]
12/29/2023
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By Ethan Huff
Banks cut more than 60,000 jobs in 2023 – worst banking industry year since 2008
Ongoing efforts by the powers that be to stop the current financial Titanic from sinking are failing as banks in the totality of 2023 cut more than 60,000 jobs. The collapse earlier this year of First Republic Bank, Silicon Valley Bank and Signature Bank prompted the private Federal Reserve and other central banks to facilitate […]
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