marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
economics
05/10/2024
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By News Editors
Drowning in debt: The paralysis at the heart of the US fiscal crisis
It can appear puzzling why at certain times in history a government facing a looming crisis simply does not address it. The problems accumulate in plain view while little is done to actually solve them. The human imagination being what it is, this inaction is inevitably attributed to some mix of corruption, malfeasance, and incompetence. […]
05/05/2024
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By Mike Adams
The FALL of the WEST and why the world’s economic future belongs to China, Russia, India and Iran
Introduction: This one chart explains what’s happening in the world today, as the collapse of the West accelerates, and the rise of Russia, China, Iran, India and BRICS nations emerges. The chart is from the book, “Why the West Can’t Win” by Fadi Lama. I interviewed this extraordinary author today, and the interview is linked […]
05/03/2024
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By Laura Harris
Low-cost China-made Volvo EV to be sold in the U.S. this summer, threatening Tesla and other EV makers
A Chinese-made electric vehicle is set to arrive in the United States’ EV market this summer, boasting power and efficiency comparable to the Tesla Model Y but with a $8,000 lower sticker price. The EX30 electric SUV, a product of the Swedish luxury car brand Volvo, is a five-seater electric SUV with a 275-mile driving range […]
04/30/2024
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By Laura Harris
REPORT: 29% of Americans earn above the poverty line but still LESS than what they need to comfortably get by
Nearly 40 million families, or 29 percent of the total American population, are earning above the poverty line but less than what they need to get by. This is according to data from the nonprofit United Way, which described these 29 percent of Americans as falling in the category of ALICE, or Asset Limited, Income Constrained […]
04/30/2024
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By Laura Harris
SHORT CIRCUIT: Ford’s electric vehicle unit lost $1.3 BILLION in first quarter of 2024
Ford Motor Company has reported $1.3 billion in losses on its Model E sector or a staggering $132,000 loss for each of the 10,000 vehicles sold during the first quarter of 2024. The electric vehicle (EV) unit, known as Model E, saw a 20 percent decrease in sales compared to 2023, with only 10,000 EVs sold in the first […]
04/30/2024
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By Ethan Huff
“Over 98%” of world’s central banks are preparing to unleash the global cashless society
There is not much time left before all your paper and coin cash becomes obsolete, followed by its replacement with digital cash. In a new report, the World Economic Forum (WEF) states that 98 percent of the world’s central banks have agreed to implement the globalists’ long-awaited fantasy of a completely cashless world – that […]
04/29/2024
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By Laura Harris
Housing costs soar by 5.2% due to rising mortgage rates and low housing supply
A new report from real estate company Redfin warns that the cost of buying a house in the United States has increased by 5.2 percent due to rising mortgage rates, soaring home prices and persistently low housing supply. According to the report, the median home price in the U.S. is now at $380,250, which is just $3,095 shy […]
04/22/2024
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By Richard Brown
Top Russian banker calls for end of Western payment systems like SWIFT
The chief executive officer of Russia’s second-largest bank emphasized the necessity of shifting away from Western payment systems like SWIFT, stating that it is crucial for Russia and its trading partners. Addressing the Data Fusion 2024 conference on Thursday, April 18, Andrey Kostin, CEO of Russia’s third-largest bank VTB, advocated for the advancement of digital […]
04/19/2024
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By Belle Carter
Expert warns: Banks will claim that your money is no longer yours, may freeze bank withdrawals
Hedge fund manager and macro-economic expert Hugh Hendry has alerted the banking system and the American economy as a whole. “President Joe Biden’s administration may be looking at ways to lock down your checking account, literally ban withdrawals from the banking system,” he warned. In a new interview on Bloomberg Markets, Hugh Hendry said that […]
04/18/2024
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By Laura Harris
Tesla plans to lay off 10% of workforce after dismal quarterly sales
Tesla has announced its plan to lay off approximately ten percent of its workforce after the release of its dismal first-quarter sales report. In that quarter, Tesla experienced a significant decline in sales due to heightened global competition, a slowdown in electric vehicle sales growth and unsuccessful attempts to attract more buyers, including with price reductions. Tesla has […]
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