marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
economic collapse
06/28/2024
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By Belle Carter
Russian economist unveils Putin’s masterplan as U.S. dominance ends
Russian President Vladimir Putin started long ago to steer Russia away from the global liberal order. One way he did this is by establishing the Eurasian Economic Union (EAEU) in 2014, which aims to create a new power center to rival the U.S. and Europe. Putin already concluded then that he needed to separate the Eurasian […]
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 […]
06/27/2024
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By Olivia Cook
More and more retired Americans returning to work to cope with rising cost of living under Biden’s failing economy
Retirement is a financial milestone many Americans aim for, but more and more retirees are returning to the workforce lately due to financial strains exacerbated by market volatility and inflation. This trend, dubbed “unretirement,” is gaining momentum as retirees seek additional income to cope with rising living costs. Recent surveys reveal that about 44 percent of retirees […]
06/26/2024
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By News Editors
Retirement nightmare – Hordes of retired Americans may need to go back to work just to survive
The Social Security program was instituted to help elderly Americans thrive during their retirement years. Unfortunately, millions upon millions of retired Americans are finding that their monthly Social Security payments are simply not enough as the cost of living spirals out of control. One recent survey found that a whopping 85 percent of U.S. adults now consider […]
06/26/2024
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By Laura Harris
RIGGED: Report finds alleged 2023 job gains in California and actual employment figures DO NOT MATCH
A newly published report from California’s Legislative Analyst’s Office (LAO) reveals that the state government’s claims of massive job growth in the Golden State are false. The LAO’s latest report, “Newest Early Jobs Revision Shows No Net Job Growth During 2023,” reveals a stark contrast between previously reported job gains and actual employment figures in its labor market. The […]
06/26/2024
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By Olivia Cook
Casual dining restaurant chain Hooters CLOSES several locations nationwide as “restaurant apocalypse” worsens
Casual dining restaurant chain Hooters – known for its iconic wings and the signature Hooters Girls – has announced the closure of several locations across the United States. The closures appear to impact Hooters locations in 14 states. According to Hooters’ owner Nord Bay Capital, economic challenges such as rising food, labor and rent costs […]
06/25/2024
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By Laura Harris
Rite Aid to CLOSE 27 more stores due to ongoing bankruptcy proceedings
Rite Aid, one of America’s largest drugstore chains, recently announced its plan to close 27 more stores due to ongoing bankruptcy proceedings. According to a “notice of additional closing stores” filed with the U.S. Bankruptcy Court of the District of New Jersey on June 17, Rite Aid closed 15 stores in Ohio and 12 in Michigan. This brought […]
06/21/2024
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By Zoey Sky
Germany’s EV sales plummet as demand in Europe declines
The European Union’s main auto industry body recently reported that sales of new battery-electric cars in the region have dropped by 12 percent in May from a year earlier, with a 30 percent decrease in Germany. Germany, the bloc’s largest electric vehicle market, brought an early end to subsidies for buying EVs as part of a last-minute […]
06/20/2024
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By Laura Harris
America’s largest private bus company officially files for BANKRUPTCY
Coach USA, the operator of Megabus and two dozen other commuter bus lines in the United States and Canada, has officially filed for bankruptcy protection. According to the documents filed in bankruptcy court in Wilmington, Delaware on June 18, Coach USA, the largest privately owned bus company in the U.S., filed for Chapter 11 bankruptcy protection due to […]
06/19/2024
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By Richard Brown
Malaysia declares intention to join BRICS
Malaysian Prime Minister Anwar Ibrahim has announced that his country will apply for membership in BRICS. The 77-year-old leader disclosed the decision in an interview with the Chinese outlet Guancha. “We have made our policy clear and decided to proceed. We will start the formal process soon,” Anwar stated. “We are waiting for the final […]
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