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News & Articles By News Editors
10/11/2023
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By News Editors
This means war
Last week we described moves in the bond market as chaotic, but the silver lining was a sharp pullback in crude oil prices that saw Brent move from more than $97/bbl at one point to $84.58/bbl by the end of the week. It now looks as though that silver lining could be fleeting, as Hamas’s […]
10/04/2023
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By News Editors
Price controls have begun, food rationing is next in line as America is an out of control train barreling towards an economic collapse with no brakes
In March of 2022, Brandon Smith, a writer from Alt-Market, made a bold prediction after seeing what was happening with gas prices, food prices and inflation. He spoke about the “inevitability of government rationing after price controls,” (Article by Susan Duclos republished from AllNewsPipeline.com) The stagflation threat worries me more than any other for a […]
10/04/2023
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By News Editors
WeWork on brink of default as $95 million in interest payments skipped
WeWork Inc. skipped interest payments totaling $95 million due on Monday on five of its bonds, triggering a 30-day grace period. This comes two months after the struggling co-working start-up warned that “substantial doubt exists” about staying in business and one month after WeWork CEO David Tolley said the company “will seek to negotiate terms with our […]
10/03/2023
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By News Editors
Trigger for next financial implosion
“U.S. Banks are facing some $600 billion of unrealized losses, roughly 25% of total banking capital, near the highest levels in history.” – Automatic Earth (Article republished from TheBurningPlatform.com) The U.S. banking system and likely, the global banking system, is essentially bankrupt. They just won’t admit it and central bankers won’t let them admit it. These […]
10/02/2023
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By News Editors
Almost half of all young adults in the United States are living with their parents
When are we going to wake up and admit that our system is failing? If close to half of our young adults find themselves needing to live with their parents, we have a major crisis on our hands. Yes, there are some young people that are simply lazy and don’t want to work hard enough. […]
09/29/2023
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By News Editors
Germany went from envy of the world to the worst-performing major developed economy. What happened?
ESSEN, Germany (AP) — For most of this century, Germany racked up one economic success after another, dominating global markets for high-end products like luxury cars and industrial machinery, selling so much to the rest of the world that half the economy ran on exports. (Article by David McHugh republished by APNews.com) Jobs were plentiful, […]
09/18/2023
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By News Editors
The coming collapse of the global Ponzi scheme
It won’t be long before governments around the world, including the one in Washington, self-destruct. (Article by George Ford Smith republished from Mises.org) Strong words, but anything less would be naïve. As economist Herbert Stein once said, “If something cannot go on forever, it has a tendency to stop.” Case in point: fiat money political regimes. Interventionist […]
09/13/2023
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By News Editors
This is where we are!
If you take stock of where we have traveled as a nation these last two and a half years, one can only marvel in disgust at the divergence in our morality, standard of living, personal safety, national and economic security, and sense of well-being. (Article by Ray DiLorenzo republished from CanadaFreePress.com) Pride in our nation is […]
09/13/2023
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By News Editors
Welcome to the real estate industry apocalypse
Higher interest rates are absolutely strangling the real estate industry, and there is no relief in sight. The sudden shift from a very low interest rate environment to a much higher interest rate environment has paralyzed sales. As I have discussed previously, very few homeowners that are currently locked into a mortgage at a low interest […]
09/11/2023
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By News Editors
Peter Schiff: Fed money magicians running out of rabbits
Most people think everything is fine. The Fed is getting inflation under control and soon they’ll be able to cut interest rates, keeping the economy from falling into a deep recession. In his podcast, Peter Schiff poured cold water on this narrative. He explains why the Fed won’t be able to repeat the magic it […]
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