marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
insolvency
04/07/2023
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By Belle Carter
Renowned economist Nouriel Roubini: Trifecta of inflation, recession and banking system collapse driving America into a DOOM LOOP
An esteemed professor and economist pointed out that persistent inflation, the impending economic recession and an imminent insolvency crisis in the banking sector is leading the U.S. into a “doom loop.” Nouriel Roubini, an erstwhile economic advisor to the Clinton administration, outlined his findings in a March 30 commentary titled “The Coming Doom Loop.” His […]
04/06/2023
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By News Editors
Trifecta of inflation, recession, and banking insolvency leading to a ‘doom loop’: Economist
Decades-high persistent inflation combined with increasing risks of an economic recession and an imminent insolvency crisis in the banking sector have resulted in a “trilemma” facing central banks, including the U.S. Federal Reserve, warns top economist Nouriel Roubini. (Article by Naveen Athrappully republished from TheEpochTimes.com) “Unable to fight inflation and provide liquidity support simultaneously, the […]
04/05/2023
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By Cassie B.
Social security expected to run out of money by 2033, a year earlier than previous predictions
The Social Security trust funds that pay for the benefits of 67 million Americans are now expected to run out in 2033, a year earlier than previous projections. This is according to the yearly trustees’ report released last week by the Treasury Department. The impending insolvency is largely due to a 3 percent downward revision […]
03/28/2023
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By Belle Carter
Precious metals can help make your portfolio invincible amid financial collapse, says David Morgan
Precious metals analyst David Morgan, known as the Silver Guru, told the Health Ranger Mike Adams that investments in precious metals can make one “invincible” amid the impending financial collapse. During an episode of the “Health Ranger Report,” Morgan reiterated that amid uncertainty where systemic risks, bank runs, bail-ins and bailouts are prevalent – Americans […]
07/06/2022
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By Belle Carter
Bear market effect: Crypto miners face margin calls as debt mounts
Cryptocurrency miners are facing margin maintenance calls as the bear market continues to claim victims. Bear market is the term used to describe a sustained period when the equity markets are down at least 20 percent from their recent peaks. Maintenance call, on the other hand, refers to a call to an investor for additional funds […]
07/05/2022
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By Belle Carter
Australian bank tells customers to withdraw funds immediately before it closes this week
An Australian digital bank has collapsed and advised 6,000 customers to withdraw their money before it stops doing business this week. “Customers need to transfer the balances held in all Volt accounts to a nominated bank account with another financial institution before the 5th of July 2022, Tuesday,” Volt Bank’s website said. The neobank’s eight board […]
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