marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
supply chain
04/07/2023
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By Ethan Huff
Walmart cuts another 2,000 warehouse jobs following retail store closure announcement
Five of Walmart’s e-commerce warehouses are slated to lose another 2,000 jobs, the company announced this week. More than 1,000 people will be let go from a warehouse in Fort Worth, Tex., as will 600 people at a Pennsylvania fulfillment center; 40 people at a Florida warehouse; and 200 people in New Jersey, regulatory filings […]
04/07/2023
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By JD Heyes
Get woke, go broke: Bed Bath & Beyond now begging product consignment company to stock its shelves so that stores don’t appear empty
Woke retailer Bed Bath & Beyond was spiraling into the ash bin of history but has gotten a last-minute reprieve — of sorts — that will likely only delay the franchise’s collapse. On Wednesday, the company revealed that it is partnering with Hilco Global to restock its inventory as part of its ongoing efforts to […]
04/05/2023
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By JD Heyes
Saudi Arabia joins others in OPEC to cut oil production in latest slap in the face to Joe Biden
The mindless Joe Biden, whose presidency is being ‘managed’ by left-wing cultural ideologues who hate the very country they are supposed to be defending and protecting, just got another figurative slap in the face by a long-time Middle East ally, Saudi Arabia, and it is American consumers who are going to pay the price — […]
04/03/2023
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By Ramon Tomey
Russia to increase oil supplies to India under new deal
Russia has agreed to increase oil supplies to India under a new deal, further chipping away at the dominance of the petrodollar. Russian oil firm Rosneft confirmed the agreement in a March 29 statement. According to the statement, company CEO Igor Sechin signed a deal with the Indian Oil Corporation Limited (IndianOil) “to substantially increase […]
03/30/2023
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By Belle Carter
Big Government, Big Business colluding to CRUSH smaller competitors
ShelfAware CEO Andrew Johnson denounced both Big Government and Big Business for colluding to crush small businesses through regulations and taxes. “We have this corrupt capitalistic system at this point,” he told “Conversations that Matter” host Alex Newman. “It’s gotten so corrupt with our political landscape that they’re making choices to benefit the Big Money and […]
03/24/2023
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By Ethan Huff
The climate cult is destroying international shipping … and global supply chains along with it
The ratio of crude tanker capacity currently on order to crude tanker capacity currently in service has plummeted to an all-time low of just 2.7 percent, this due to pressures from the global warming crowd to “decarbonize” the shipping industry. Because the writing is on the wall concerning the use of earth-based fuels like oil […]
03/16/2023
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By Belle Carter
Aluminum company Speira closes down German plant
Global aluminum company Speira announced that it will close down its Rheinwerk plant in Germany. According to a Bloomberg report, the closure followed a 50 percent cut in production announced by the company in September 2022. The media outlet added that this serves as “a fresh sign of the damage wrought by an energy crisis that’s […]
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 […]
03/01/2023
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By JD Heyes
Bankruptcy filings in U.S. surge at fastest pace since 2009 as Bidenflation continues to ravage Americans, businesses
Bankruptcy filings across the United States have surged to their highest level since the last time we had a Democratic president — Barack Obama in 2009. For the past year, the Biden administration and the Federal Reserve have been struggling to combat runaway inflation and the resulting wage-price spiral without causing a recession. However, based […]
02/23/2023
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By Ramon Tomey
Kyocera president: Business model of producing in China and exporting abroad no longer viable
Hideo Tanimoto, president of Japanese chip manufacturer Kyocera, believes the tandem of Chinese production and global exports is “no longer viable.” Tanimoto made the remark during an interview with the Financial Times (FT). “It works as long as [products are] made in China and sold in China. But the business model of producing in China […]
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