marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
chaos
06/28/2024
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By Kevin Hughes
EU hastens DE-DOLLARIZATION by stealing Russian money and giving it to Ukraine
The European Union will send 1.4 billion euros ($1.5 billion) from the frozen assets of the Central Bank of Russia to the European Peace Facility (EPF) to meet Ukraine’s military requirements – a move that will accelerate de-dollarization. Josep Borrell, EU high representative for foreign affairs and security policy, declared on June 24 that the […]
06/24/2024
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By Ethan Huff
If China’s economy collapses – and it sure looks like it’s going to – the entire global economy will go with it
The world’s second-largest economy “is teetering on the brink of disaster,” according to Business Insider (BI). That economy is China’s, which is showing major signs of an impending collapse with numerous market-shaking events in recent days. So far this spring, Beijing has: – Canceled initial public offerings (IPOs) – Fined tech companies billions for antitrust […]
06/21/2024
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By Ethan Huff
Biden’s economy is COLLAPSING as companies everywhere announce bankruptcies, closures fueled by runaway inflation
A new analysis from CoreSight Research warns that nearly 3,200 stores are slated for closure across America this year, this representing a 24 percent increase in store closures compared to 2023. Leading the pack are U.S. drug stores and pharmacies, which shuttered eight million square feet of retail space so far this year. Then comes […]
06/18/2024
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By Ava Grace
Intel HALTS construction of $25B computer chip plant in Israel due to lack of supplies stemming from Red Sea blockade
American computer chip giant Intel Corp. has halted the construction of a $25 billion chip manufacturing plant in Israel. The Israeli newspaper Calcalist first broke the news of the move on June 10, writing that “Intel’s suppliers received in recent days notice of the cancellation of contracts for the supply of equipment and materials required […]
06/13/2024
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By Laura Harris
RETAIL DECLINE: Walmart has shut down 9 stores so far this year
A retail analyst’s prediction eight years ago about the retail apocalypse turned out to be true, as Walmart recently announced the shuttering of nine “underperforming” stores in four states this year alone. The first two stores to close this year were in California, with the San Diego and El Cajon locations shutting their doors on Feb. 9. These were […]
06/04/2024
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By Ethan Huff
BIG SHORT 2.0 – Investors holding top-rated debt backed by commercial real estate suffer LOSSES for the first time since 2008 financial crisis
For the first time since the 2008 financial crisis, investors who hold top-rated debt backed by commercial real estate (CRE) are suffering losses as the economy continues its downward spiral into oblivion. The Federal Reserve’s ongoing interest rate hikes coupled with plummeting office tower values nationwide have created a situation in which there is really […]
06/03/2024
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By News Editors
The world has accumulated a $315 trillion mountain of debt, and global events will soon bring it crashing down
I suppose that congratulations are in order. It is no small feat to pile up a debt of $315,000,000,000,000, and we will never see a mountain of debt of this magnitude ever again after it comes crashing down. Even though delinquency rates are rising all over the world, as long as conditions remain at least […]
05/28/2024
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By News Editors
America in 2024: Fast food is a “luxury”, 11 million children live in poverty, and 1000s of stores are closing
Little by little, our standard of living has been eroding. A couple decades ago, we had the largest and most prosperous middle class in the history of the world, but now most of the country is struggling. At this point, fast food is considered to be a “luxury”, 11 million children are living in poverty, […]
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 […]
05/17/2024
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By News Editors
Tens of millions of Americans are “trapped” in an endless cycle of debt that is sucking the life out of them financially
Did you know that U.S. households are 17,690,000,000,000 dollars in debt? Of course household debt is only one part of a much larger story. The federal government is 34 trillion dollars in debt, state and local governments are absolutely drowning in debt and unfunded liabilities, and corporate debt is at an all-time high. As a […]
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