marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
national debt
02/23/2024
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By Cassie B.
German banks preparing for wave of loan defaults in the face of major real estate crisis
German real estate lender Deutsche Pfandbriefbank is preparing for what it says will be the steepest drop in commercial property values seen in the country in 15 years. During the fourth quarter of 2023, the bank raised its provisions for losses on loans, setting aside more than $230 million for the year to prepare for […]
02/23/2024
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By Kevin Hughes
U.S. government to pay an additional $1.1 TRILLION in interest for country’s debt over the next 10 years after Treasury yields jump
The U.S. government is about to pay more in interest for the country’s debt after Treasury yields jumped to highest levels in years. According to the latest report of the Congressional Budget Office (CBO), the U.S. government is expected to pay an extra $1.1 trillion in interest over the next 10 years. Interest costs are on track to […]
02/22/2024
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By News Editors
Government issuing fraudulent statistics to cover how bad it really is
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” – Ludwig von Mises (Article republished […]
02/20/2024
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By News Editors
FedEx founder issues dire warning about ‘unsustainable’ government debt
Fred Smith, the founder of executive chairman of shipping giant FedEx, is the latest business leader to sound the alarm that if America’s ballooning public debt is left unchecked, it will threaten to spiral into a catastrophic crisis. (Article by Tom Ozimek republished from TheEpochTimes.com) Mr. Smith was asked during an interview on Fox News […]
02/15/2024
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By Gregory Van Dyke
Global economic war – Where the dollar stands in the chaos
In a recent statement posted to social media, Tucker Carlson explained succinctly his many reasons for traveling to Russia to interview President Vladimir Putin. His decision, mired in an avalanche of outrage from leftist media talking heads and a multitude of western politicians, was inspired by Carlson’s concern that Americans have been misdirected by corporate media propaganda, […]
02/15/2024
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By News Editors
Peter Schiff: We are on the brink of a catastrophe
Jerome Powell’s 60 Minutes portrayal of the national debt crisis as a distant concern starkly contrasts with the urgent reality we face. Peter Schiff doesn’t mince words in his most recent podcast when he highlights the immediate threat: (Article republished from SchiffGold.com) It’s not a problem for the future. This is not a long-term problem anymore; this is a […]
02/14/2024
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By Belle Carter
DEBT SURGE ALERT: $8.9T government debt to mature, $1.4T budget deficit expected in 2024
The Congressional Budget Office (CBO) said that the government budget deficit will be $1.4 trillion and a record-high $8.9 trillion of national debt is set to mature in the coming year – this means more than $10 trillion in U.S. treasuries are coming to the market in 2024. The Federal Reserve has also been running […]
02/13/2024
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By Ethan Huff
Israel faces cascading DEBT COLLAPSE as Jewish state hit with credit rating downgrade
If Israel’s war on Hamas and the Palestinian people in general continues to grow and expand to other fronts, the global credit rating agency S&P is warning that it might cut the Jewish state’s sovereign credit rating. Last October, S&P maintained Israel’s current “AA-” rating, despite the war on Gaza. It did, however, lower Israel’s […]
02/06/2024
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By Laura Harris
Connecticut set to become first state to wipe out medical debt for eligible residents
Connecticut is set to become the first state to eliminate medical debt for all eligible residents. The program, expected to commence in June, will be carried out in partnership with a nonprofit organization specializing in acquiring and canceling medical debt. Eligible residents include families whose medical debt represents five percent or more of their annual income. According to […]
02/01/2024
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By Ethan Huff
Swelling DEBT crisis creating financial “death spiral” in America, economist warns
“Black Swan” author Nassim Taleb has a serious warning for America: the country’s debt pile is reaching “death spiral” proportions – and only a “miracle” can save the United States from what comes next. Referring to the mounting U.S. debt load as a “white swan” means a risk event that is highly predictable and probable. […]
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