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News & Articles By JD Heyes
08/10/2022
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By JD Heyes
Electric vehicle market already imploding as manufacturers cut production goals, significantly raise prices
The one principle of capitalism that drives innovation and, ultimately, profits, is “supply and demand.” When there is a demand for a product or service, then those who can sufficiently supply that demand will do well. Those who cannot, won’t. And that principle alone is why the electric vehicle (EV) industry is already imploding. The […]
08/09/2022
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By JD Heyes
Economic expert Peter Schiff issues dire warning, says U.S. economy will be mired in inflation for years to come
The globalist deep state and the Democrats in the U.S. who are aligned with it appear to have accomplished their long-sought objective of tanking the economy and moving tens of millions of Americans onto permanent government dependence and control. According to top economist Peter Schiff, the lengthy economic shutdowns during the COVID pandemic that created a […]
08/08/2022
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By JD Heyes
Bank failures coming: Raft of federally insured banks compromised by unwise over-investment in failing cryptocurrencies and exchanges
It’s bad enough that millions of cryptocurrency investors have lost nearly all of their initial money after the industry began crashing earlier this year, but now it looks as though federal taxpayers are also going to be on the hook. According to a report by Wall Street On Parade, Sen. Elizabeth Warren (D-Mass.) tipped everyone off […]
08/08/2022
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By JD Heyes
Panamanian government is accelerating county’s economic collapse with Marxist price-fixing that never works
Leftists and Marxist leaders never seem to learn that their economic initiatives and strategies are doomed to fail because they run afoul of the one principle necessary for growth: Profits. Without profits, the former Soviet Union learned the hard way back in the early 1990s, companies and industries have no incentive to a) make a […]
08/07/2022
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By JD Heyes
Celebrities being called out for endorsing phony cryptocurrency schemes as the bottom falls out of the industry
The old adage, “If it sounds too good to be true, it probably is,” holds just as true today as it always has, and that is particularly accurate when it comes to cryptocurrency. Move to Trash Once touted as ‘the future of money and wealth,’ one cryptocurrency after another, including various crypto-related schemes, are collapsing, […]
08/04/2022
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By JD Heyes
Western economists TRICKED themselves into believing that sanctions against Russia would work following Ukraine invasion
A Twitter user this week posted a lengthy thread perfectly explaining how Western leaders essentially fooled themselves into believing that imposing massive economic sanctions on Russia would harm that country while failing to realize the economic damage the sanctions would do to their own countries. “The Russia Ukraine war and the resulting sanctions has illuminated […]
08/02/2022
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By JD Heyes
SEC ignores Paul Pelosi but charges 11 in alleged $300 million crypto Ponzi scheme
While House Speaker Nancy Pelosi’s husband Paul Pelosi makes one trade after another based ‘conveniently’ on legislation his wife happens to be guiding through Congress at the time, Joe Biden’s Security and Exchange Commission is looking the other way. Instead — and, admittedly, just as appropriately — the SEC is taking a dim view of […]
07/29/2022
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By JD Heyes
Another cryptocurrency firm tanks, files for bankruptcy protection and takes life savings of thousands of people with them
Cryptocurrency firms continue to tank amid uncertainty about the future and as more and more of them are exposed as being shams. Last week, crypto lender Celsius Network, which was already suffering from a massive cash shortage, filed for Chapter 11 bankruptcy protection in the Southern District of New York — an action that came after […]
07/28/2022
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By JD Heyes
Massive Chinese debt bomb set to explode as mortgage holders, suppliers refuse to make payments on loans
There is a massive debt bomb that is about to explode in China that is increasingly likely to devastate the country’s economy in a way that would rival the Great Depression in 1930s America. According to reports, Chinese homebuyers are boycotting their mortgage payments, which led the ChiCom government to scramble in order to avoid […]
07/25/2022
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By JD Heyes
China deploys TANKS in the streets to prevent citizens from withdrawing their money from banks amid collapsing financial system
China’s fast-and-loose financial practices have caught up with the country and now threaten to bring down the world’s No. 2 economy. According to video clips posted to social media, the Chinese government is deploying tanks and armed troops to surround banks in order to prevent citizens from withdrawing their money and collapsing the cash-strapped financial […]
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