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News & Articles By JD Heyes
06/13/2023
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By JD Heyes
Great Recession 2.0? Americans pull hundreds of billions out of banks at fastest pace in four decades
Americans are pulling hundreds of billions of dollars out of banks at the fastest pace in nearly 39 years as many economic experts are beginning to predict a repeat of the 2008 “Great Recession.” According to an analysis of the most recent data from the Federal Deposit Insurance Corporation (FDIC), “depositors took a total of $472 billion out of […]
05/31/2023
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By JD Heyes
Deposits at Capitol One bank frozen by NYC’s banking commission amid insolvency fears
After Democrats under then-President Barack Obama rammed through a massive new regulatory regime for the banking industry following the 2008 “Great Recession,” Americans were told that bank collapses were a thing of the past. We needn’t worry anymore, Democrats said, because brand-new unaccountable agencies like the Consumer Finance Protection Board were going to make sure that […]
05/24/2023
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By JD Heyes
Inflation is officially out of control as it becomes obvious Federal Reserve rate hikes have had little effect to bring it down
The Biden regime won’t admit it and neither will most Democrats because it would only add to their reputation of being unable to run a successful economy, but it’s pretty much official now: Inflation is out of control despite the fact that the Federal Reserve has been hiking rates to reverse price spikes. Thanks to […]
05/24/2023
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By JD Heyes
Bud Light sales are horrific after marketing ploy with trans-activist backfires that the company is buying beer back from wholesalers
Bud Light got destroyed on sales slumps for six straight weeks as critics have refused to purchase their once drinkable beverage, and it’s gotten so bad that now you couldn’t give some people big enough beer goggles to see through the drama and continue sipping on it. People are lighting boxes on fire, throwing cases […]
05/14/2023
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By JD Heyes
Argentina on brink of collapse as currency fails, leaving country nearly broke
Argentina is having economic problems again, and it could lead to a domino effect throughout South America, which would then cause widespread unrest, chaos, and — likely — mass migration to the United States. As per Buenos Aires-based consulting firm 1816 Economia & Estrategia, the South American nation has already depleted all of its available […]
05/05/2023
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By JD Heyes
Biden lied AGAIN: More banks are failing after president told Americans worst was over following collapse of First Republic
President Joe Biden either really has lost complete control of his mental faculties or he’s got them and is just as dishonest as he’s been throughout his entire plagiarizing career. Earlier this week, the president claimed that, following the collapse of yet another bank, First Republic, that the worst was over and the banking system […]
05/03/2023
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By JD Heyes
ECONOMIC IMPLOSION: At least 70 major bankruptcies of U.S. companies occurred during first quarter of 2023
The economy under Joe Biden and the Democratic majority during his first two years has all but cratered, with dozens upon dozens of companies and brands liquidating, going out of business altogether, or declaring bankruptcy. As noted by Mish Talk, “For 2009 there were 118 bankruptcies through April. In Covid-impacted 2020, there were 71 bankruptcies. In 2023 […]
05/01/2023
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By JD Heyes
More bank failures coming? FDIC takes control of First Republic Bank after second-biggest collapse in nation’s history
The FDIC has once again had to move in and support a collapsed financial institution — First Republic Bank — after the second-largest banking failure in the history of the country. The bank’s collapse is the latest in a slew of other bank failures that began in March. Nevertheless, we’re being told ‘all is well’ […]
04/30/2023
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By JD Heyes
Biden’s policies are killing U.S. economic growth as 1st quarter activity takes a nose dive amid high interest rates
President Joe Biden’s economic policies are proving to be even more disastrous than first thought, as the federal government’s own figures indicate. In the first quarter, the U.S. economy grew by paltry 1.1 percent, a decrease from a still-measly 2.6 percent growth seen in the fourth quarter, as per the Bureau of Economic Analysis (BEA). […]
04/12/2023
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By JD Heyes
A tsunami of debt worth more than $1.5 trillion coming due for commercial property owners
Borrowers in the US commercial real estate market face a significant challenge as nearly $1.5 trillion of debt comes due for repayment by the end of 2025, leading to a couple of big questions: Who will be willing to lend to them? And what will interest rates be by then? “Refinancing risks are front and center” for […]
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