marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
food shortages
05/27/2022
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By JD Heyes
Major retailers, e-tailers preparing for economic implosion as they shed massive amounts of warehouse space
In another sign that a major economic downturn is coming fast in the era of Joe Biden — Walmart, Target and other major wholesalers and retailers are shedding warehouse space and drawing down inventories. And so is the world’s biggest e-tailer, Amazon. The online selling behemoth is reportedly “stuck with too much warehouse capacity” now […]
05/21/2022
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By Mary Villareal
Sri Lanka on the brink of bankruptcy, faces food, fuel and medicine shortages
Many people in Sri Lanka are facing acute food, fuel and medicine shortages as it battles one of its worst economic crises since becoming an independent nation in 1948. The economy had been hit badly by the Wuhan coronavirus (COVID-19) pandemic as tourism – one of its crucial revenue generators – came to a standstill, as did […]
05/19/2022
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By Arsenio Toledo
Bank of England governor warns of coming “apocalyptic” global food shortage
The governor of the Bank of England is warning the people of the United Kingdom to prepare for an “apocalyptic” global food shortage, adding that Britain’s central bank is helpless in the face of surging inflation. Speaking to legislators in the House of Commons Treasury Select Committee on Monday, May 16, Bank of England Gov. Andrew […]
04/06/2022
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By Kevin Hughes
Business and investing podcaster M.C. Laubscher: Entire world will suffer because of sanctions on Russia
Russia and the rest of the world are going to suffer because of the Russian sanctions, according to well-known business and investing podcaster M.C. Laubscher. “So these sanctions, if you want to break it down, who does the sanctions really hurt in the long run? Well, all of the people all over the world are […]
03/17/2022
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By Ramon Tomey
IMF: Russia-Ukraine war may FUNDAMENTALLY ALTER economic, political order worldwide
The International Monetary Fund (IMF) said the ongoing war between Russia and Ukraine may “fundamentally alter” the political and economic order globally. “The war may fundamentally alter the global economic and geopolitical order should energy trade shift, supply chains reconfigure, payment networks fragment and countries rethink reserve currency holdings,” the IMF posted on its website […]
11/02/2021
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By JD Heyes
Tens of billions of dollars worth of cargo lay anchored outside American ports as Biden-induced supply chain collapse worsens
The supply chain crisis brought on, in part, by Joe Biden’s abhorrent economic policies and his administration’s incompetence is getting worse, as a shipping industry website noted this week that tens of billions of dollars worth of cargo lay at anchor aboard dozens of ships waiting to be offloaded. “There was fleeting hope that Southern […]
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