marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
money supply
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. […]
05/10/2024
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By Ramon Tomey
Creditors pressure Ukraine to PAY UP on its loans
Two years after Russia’s special military operation in Ukraine, a group of creditors are now demanding that Kyiv pay up on its loans as early as 2025. According to the Wall Street Journal (WSJ), the group includes investment giants BlackRock and Pimco. The creditors reportedly granted Kyiv a two-year debt holiday in 2022, betting at […]
05/10/2024
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By News Editors
Look at his face! Biden denies economic reality in car crash CNN interview
During a brutal CNN interview aired Wednesday, Joe Biden looked shocked when host Erin Burnett reeled off a list of stats detailing how bad the economy is. Instead of suggesting how he is going to improve the situation, Biden denied any of it was real and claimed every poll showing Americans favouring Trump on the […]
05/08/2024
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By Cassie B.
BRICS nations are now openly preparing for a global collapse of the dollar
The BRICS group of countries are openly preparing for a potential global collapse of the dollar and talking about putting an alternative currency in place that could serve as a substitute. This is according to proclamations by Russia’s executive director for the International Monetary Fund, Alexey Mozhin. He said that the downfalls of the current […]
05/07/2024
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By Laura Harris
High unemployment rates, high taxes and population exodus pushing Illinois to the brink of collapse
The Democrat-controlled state of Illinois continues to struggle with high unemployment rates, a burdensome tax system and a population exodus, leading to a diminished tax base, higher budget deficits and skyrocketing pension debt. According to data from the Illinois Department of Employment Security, Illinois ranked fifth-highest in unemployment rates among states in March, with a rate of […]
05/06/2024
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By Ethan Huff
Same company running hospitals where seniors died allegedly took out life insurance policies on patients, cashed them in after their deaths
An elaborate senior scam is coming to light that implicates Apollo Global Management for committing insurance fraud on the backs of deceased elderly folks. A new lawsuit alleges that Apollo took out illegal life insurance policies on seniors through a complex web of shell trusts, including affiliate Financial Credit Investment, which managed about $20 billion […]
05/03/2024
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By Cassie B.
Houthi blockades prompt Israeli port of Eilat to lay off half its workers
Blockades by Houthi rebels have seriously compromised the Israeli port of Eilat on the northern tip of the Red Sea, and now half of its workers could lose their jobs due to the resulting financial hit. Last month, Israel’s main labor federation, Histadrut, said that Eilat port management declared its intention to fire half of […]
05/02/2024
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By Richard Brown
Russian central bank governor: Western seizure of frozen assets won’t affect Russia’s financial stability
Central Bank of Russia Gov. Elvira Nabiullina in a statement assured people that Russia would remain financially stable even if the United States and its allies were to seize its frozen assets overseas. The U.S. and its allies have frozen approximately $300 billion worth of assets belonging to the Russian central bank as part of […]
05/02/2024
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By Ethan Huff
Missouri Senate passes nation’s most comprehensive sound money legislation to the chagrin of private central bankers
We have some great news to share with you out of Missouri where the state Senate just voted to pass Senate Bill 735, also known as the Constitutional Money Act, to establish a sound money system in the Show-Me State. Described by Citizens for Sound Money (@4SoundMoney on X) as “the most comprehensive sound money […]
05/02/2024
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By Kevin Hughes
Trump economic team mulls sanctions on nations that REFUSE to trade using U.S. dollar
Economic advisers to former U.S. President Donald Trump are considering sanctions on countries that move away from the U.S. dollar. According to an April 26 report by Bloomberg News, Trump and his team are searching for alternatives to stop nations both friendly and antagonistic to Washington from ditching the greenback in favor of other currencies. […]
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