marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
pandemic
04/07/2023
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By Ethan Huff
New post-pandemic dining restrictions in some cities charge customers hundreds of dollars just to get seated at a table
A lot has changed ever since the Wuhan coronavirus (Covid-19) was forced on the world, including in the food service industry. Some restaurants in major cities like Chicago have begun imposing minimum purchase requirements on their patrons, or charging cancelation fees for reservations. Mandatory minimums are gradually becoming the norm in some areas, especially at […]
03/29/2023
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By Belle Carter
Mike Adams: Force majeure could be unleashed as part of the engineered Great Reset
Back in September last year, the Health Ranger Mike Adams put forward a scenario in which things could end in a global force majeure. This is slowly taking shape now as financial institutions start to crumble. Finance website Investopedia defines force majeure as a clause included in contracts that takes out liability for unforeseeable and […]
03/15/2023
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By Ethan Huff
Silicon Valley Bank made risky covid pandemic Treasury bets, Bloomberg reports
The corrupt banking industry only has itself to blame for the cascade of bank failures we are now witnessing. At the height of the Wuhan coronavirus (Covid-19) “pandemic,” Silicon Valley Bank (SVB) took in billions of dollars from its venture capital clients. It then took this money and plowed it into longer-term bonds, believing that […]
03/13/2023
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By Oliver Young
Intelligence chief warns: China is weaponizing supply chain dominance
Director of National Intelligence Avril Haines has warned that China is already using its supply chain dominance to force foreign companies and countries to transfer technologies and intellectual property to it. Haines issued the warning through her office’s “Annual Threat Assessment” report. “The government of China is capable of leveraging its dominant positions in key global […]
02/22/2023
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By Belle Carter
Internal sources: Apple secretly firing contractors to cut costs despite job security assurances by CEO
Sources from within tech giant Apple disclosed that the company has been quietly axing contractors to cut costs. The revelation came amid previous assurances from Apple CEO Tim Cook that layoffs would be a “last resort.” The Cupertino, California-based company resorted to this move to avoid mass retrenchment of direct hires. Other companies such as Amazon, […]
02/13/2023
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By Belle Carter
Layoff saga continues as 12 more companies announce mass employment terminations
The U.S. economy is still trapped in the midst of a looming collapse as more companies recently announced mass retrenchment, a clear indication that the tsunami of layoffs that started late last year is continuing to accelerate. During the State of the Union Address, President Joe Biden boasted about the creation of 517,000 jobs in January – surpassing […]
02/09/2023
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By JD Heyes
REALITY CHECK: Amateur investors learn the hard way as they lose it all in the post-pandemic world
Scores of people who thought they would take advantage of a volatile stock market as the COVID-19 pandemic began in earnest have learned a hard lesson after losing most or all of their fortunes thanks to bad luck, bad habits and/or over-leveraging their positions. One of them is amateur trader Omar Ghias, who managed to amass […]
02/03/2023
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By Belle Carter
PayPal to lay off 2,000 employees as part of a larger effort to reduce spending
Payment firm PayPal Holdings Inc. is set to cut seven percent of its workforce, or about 2,000 employees. “While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do,” the firm’s CEO Dan Schulman said in a statement. The company’s […]
02/02/2023
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By Belle Carter
Zoomers and millennials who posted “Day in the Life” videos FIRED from cushy Big Tech jobs
Many Big Tech companies have undergone massive retrenchment of employees, with analysts and industry experts pinning the blame on incorrect projections and misallocation of investments and funds. It’s hard not to feel sorry for the tens of thousands of Big Tech employees who recently lost their jobs. However, the news site Revolver presented another angle to the layoffs […]
01/12/2023
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By Ethan Huff
American Airlines cuts flights due to covid jab-induced pilot shortage
Numerous flight routes will be canceled this spring at American Airlines (AA) due to a major shortage of pilots, all of whom were required to get “vaccinated” for covid. In a statement to Fox Business, AA revealed that “in response to the pilot shortage affecting the airline industry, American Airlines has made the difficult decision […]
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