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News & Articles By Cassie B.
05/21/2024
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By Cassie B.
China waging “fire sale” of U.S. treasuries, dumping $53 billion in just the first quarter of 2024
China has made a bold move in its push to diversify away from American assets in the wake of trade tensions by selling off a record amount of Treasury bonds. Data from the U.S. Department of the Treasury shows that China offloaded more than $53 billion worth of agency bonds and Treasuries during the first […]
05/08/2024
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By Cassie B.
BRICS nations are now openly preparing for a global collapse of the dollar
The BRICS group of countries are openly preparing for a potential global collapse of the dollar and talking about putting an alternative currency in place that could serve as a substitute. This is according to proclamations by Russia’s executive director for the International Monetary Fund, Alexey Mozhin. He said that the downfalls of the current […]
05/03/2024
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By Cassie B.
Houthi blockades prompt Israeli port of Eilat to lay off half its workers
Blockades by Houthi rebels have seriously compromised the Israeli port of Eilat on the northern tip of the Red Sea, and now half of its workers could lose their jobs due to the resulting financial hit. Last month, Israel’s main labor federation, Histadrut, said that Eilat port management declared its intention to fire half of […]
05/01/2024
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By Cassie B.
Florida home prices stagnate as housing supply surges
Florida is considered one of the most desirable places to live in the nation, with its warm weather, low taxes and largely conservative state government attracting many Americans who were looking to flee ultra-liberal states during the pandemic. Although home values rose as people headed for the Sunshine State in droves a few years ago, […]
04/23/2024
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By Cassie B.
PROPAGANDA: Jobless numbers released by government are statistically impossible
Initial claims for jobless benefits are one of the statistics that can be used to get a picture of the overall state of employment in the U.S., and, by extension, the American economy. However, the numbers the government has been giving us lately are raising a lot of eyebrows – and some experts even say […]
04/16/2024
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By Cassie B.
Delusional German chancellor blames RUSSIA for inflation and high energy prices, ignoring the U.S.’s Nord Stream pipeline destruction
As Germans continue to deal with inflation and high energy prices, politicians are pinning the blame for the situation on Russia while failing to acknowledge the role of the U.S. in blowing up the Nord Stream pipeline and its effect on their gas supplies. In an interview last week, German Chancellor Olaf Scholz tried to […]
04/10/2024
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By Cassie B.
OBSOLETE MAN: Leading economist warns that “almost all forms of human labor” will be taken over by AI
Artificial Intelligence (AI) is very troubling in many respects. Although there are some cases where it may prove to be incredibly useful, the fear of what the technology could mean for many types of jobs is warranted. It is already replacing humans for tasks like coding, designing, customer service and writing, albeit with mixed results. […]
04/08/2024
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By Cassie B.
State Farm announces it won’t renew 72,000 property insurance policies in California to avoid financial collapse due to a wave of claims
California’s biggest home insurance provider, State Farm, has announced that it will be discontinuing coverage for tens of thousands of policies in the state this summer in a move that many are interpreting as a strong sign that the insurance industry suspects something big is about to go down there. On March 20, State Farm […]
04/08/2024
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By Cassie B.
SWIFT’s new central bank digital currency platform could be ready in 1-2 years
The worldwide bank messaging network SWIFT has announced it has a new platform in the works that will help connect the different central bank currencies that are being developed by various nations to its existing financial system. They recently carried out a six-month trial that included 38 central banks, settlement platforms and commercial banks in […]
04/04/2024
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By Cassie B.
Rebuilding Francis Scott Key Bridge could cost $1 billion and take 10 years
The cost of rebuilding the Francis Scott Key Bridge in Baltimore, which collapsed in an accident last week, could be somewhere in the range of $400 million to $1 billion or more, according to reports and the timeline on the project may be a decade or longer. This is more than double the cost and time […]
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