marketcrash
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pensions
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bubble
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debtcollapse
global economy
04/24/2022
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By JD Heyes
Governments on road to collapse as global supply chain crisis, inflation worsen; Sri Lanka now suspending foreign debt payments
The supply chain crisis caused by entire countries shutting down for months over a virus that had a 99.5 percent survival rate is now being exacerbated by the war in Ukraine and new lockdowns in some producer countries, and is now causing some countries so much economic stress they are defaulting on their debts. Sri Lanka, […]
03/16/2022
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By Mary Villareal
Record gas prices are pushing up everyday costs, could lead to recession
Americans are in shock with the surging prices at gas stations across the country. The global energy costs are now rippling through the economy following Russia’s invasion of Ukraine, and the surges appear to be making inflation problems even worse. John Migliorini, vice president of Lakeville Trucking in Rochester, New York, said that customers may […]
03/11/2022
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By JD Heyes
Massive global depression coming as “dark years” for the world are beginning, says renowned expert
The world is now entering its most dangerous period since the last world war, a leading global analyst who predicted the effects of quantitative easing, as well as major currency shifts, is warning. That includes the potential for financial collapse and thermonuclear war between great powers, warns Egon von Greyerz, founder of Matterhorn Asset Management, which is […]
01/12/2022
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By Matthew Davis
Shortage of semiconductors hits manufacturing industries as Biden fails to solve supply chain crisis
The shortage of semiconductors is worsening and the affected companies are compounding the situation by stockpiling their inventory – further depleting the already thinning supply. The dire situation is happening due to the prevailing global supply chain disruptions, which the Biden administration fails to solve. Trading and technology firm Susquehanna Financial Group noted that the shortage will continue […]
11/10/2021
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By Mary Villareal
Elevated crude prices and uptick in demand cause gasoline prices to reach 7-year high
Gasoline prices in the United States reached a new seven-year high as elevated crude prices and an uptick in demand put upward pressure on prices at the pump. Gasoline demand rose to 9.5 million barrels per day, according to data from the Energy Information Administration (EIA). “The slight increase in demand has contributed to price increases, […]
11/03/2021
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By Mary Villareal
China faces gas shortage as Beijing seeks to conserve coal, diesel and other fossil fuels
Just two days after Beijing imposed price controls on its coal rationing, the country is facing another crisis: gas shortage. Many stations across the country are running out of diesel due to supply constraints. As the Chinese economy aggressively reopened following the Wuhan coronavirus (COVID-19) shutdowns, the supply of fossil fuels started to dwindle amidst […]
11/01/2021
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By Mary Villareal
Chinese gas stations ration diesel amid shortages, adding to supply chain crisis
Fuel retailers in China are now rationing diesel volumes to customers as the country intensifies its efforts to avert a supply crunch that is already affecting the coal and natural gas sectors. Long lines of vehicles are making their way to pump stations across Guangxi and Anhui provinces in east and southwest China, with truck […]
10/16/2021
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By Zoey Sky
US faces shortages of various major consumer goods like chicken, gas, lumber and microchips in post-pandemic economy
As America and the rest of the world continues to resume normal operations after the coronavirus (COVID-19) pandemic, businesses across the country struggle to acquire major consumer goods like chicken, lumber and microchips. The pandemic also resulted in countless reports of shortages across the supply chain, from shipping, demand, supply and other levels of the global economy. Food […]
10/14/2021
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By Mary Villareal
Oil price jumps to over $80 per barrel due to energy supply shortages
Crude oil price in the U.S. rose 1.5 percent to $80.52 a barrel on Monday, Oct. 11, closing at that rate for the first time since late 2014 and bringing its price climb to 125 percent since the end of October 2020. Oil is now set to outpace copper by the largest amount since 2002 and […]
09/12/2021
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By JD Heyes
Treasury Secretary Yellen warns country will be financially insolvent by October if debt ceiling isn’t raised
For Americans concerned about the future of the country under the Biden regime, Treasury Secretary Janet Yellen just engaged in an unusual bit of honesty: Be very afraid. In a letter to Congress last week, Yellen warned that if the debt ceiling isn’t raised and soon, the United States will run out of money and […]
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