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News & Articles By Ethan Huff
02/06/2024
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By Ethan Huff
China’s central bank attempting to spark growth in 2024 by SLASHING banks’ reserve requirements
Last year was a lackluster year for China’s economy, so China’s central bank, the People’s Bank of China, is slashing the reserve requirements for banks in an effort to spark the appearance of economic growth in 2024. With lower reserve requirements, Chinese banks will be able to boost lending to households and businesses, which the […]
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. […]
01/31/2024
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By Ethan Huff
American businesses, big-box stores increasingly rejecting CASH as forced shift to cashless society accelerates
Despite the fact that around six million people living in the United States do not have bank accounts and are considered to be “unbanked,” a growing number of retail stores, including large, well-known big-box stores, are refusing cash and forcing customers to pay with cards or smartphones. Upwards of one billion people worldwide currently do […]
01/30/2024
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By Ethan Huff
Hong Kong court tells China’s Evergrande property developer to LIQUIDATE with debts of $330 billion
China’s Evergrande Group is finally being liquidated more than two years after it defaulted, thanks to a court order out of Hong Kong. Widely recognized as the world’s most indebted developer, Evergrande currently holds more than $330 billion in total liabilities, which Justice Linda Chan says necessitates a liquidation. Since Evergrande has been unable to offer any […]
01/29/2024
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By Ethan Huff
Check out the TOP 10 job roles that AI is slated to replace
ChatGPT and other related artificial intelligence (AI) programs have become so “skilled” at doing various tasks that multinational corporations like Google, Amazon, IBM and others are making plans to replace human labor jobs with AI robots. The following 10 jobs, mostly white collar, are now at risk due to the threat of AI: 1) Tech […]
01/26/2024
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By Ethan Huff
Utility bills in America hit RECORD HIGHS as heating a home becomes a “luxury”
Last summer, the Biden regime proclaimed that “Bidenomics” is working, and that the United States economy has never been better. Meanwhile, actual data shows that Americans are paying more for utilities and other necessities than ever before. A new report from the National Energy Assistance Directors Association (NEADA) reveals that U.S. household utility debt hit […]
01/26/2024
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By Ethan Huff
Insolvency experts warn: More than 47,000 U.K. businesses on “brink of collapse” as global economy crumbles
The number of businesses in the United Kingdom facing “critical” financial distress in the final three months of 2023 skyrocketed by 25 percent, according to a new report. And 47,000 of them are now on the brink of going under entirely as conditions worsen. Despite continued government claims that economic conditions are just dandy, the […]
01/25/2024
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By Ethan Huff
American economy running on FUMES as consumer debt binge reaches ominous and historic fever pitch
Cost of living in the United States is so out of control that consumers are going into debt like never before in the nation’s history. This historic debt binge seemingly has no end, especially because of the increasingly harsh economic environment that is making it next to impossible for many people to continue making ends […]
01/23/2024
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By Ethan Huff
Grocery stores are LEAVING crime-ridden U.S. cities in droves, creating “food deserts”
Times are getting so tough for many Americans that crime rates are through the roof, not to mention the politically motivated riots stemming from false flag incidents like George Floyd that continue to fuel rampant lawlessness. Consequently, America’s inner cities are becoming “food deserts” as retailers hightail it out of them to protect their bottom […]
01/18/2024
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By Ethan Huff
French navy shooting million-dollar missiles at cheap Houthi drones in Red Sea
The amount of money it takes for Houthi rebels in Yemen to launch missile after missile towards Western and Israeli cargo ships traversing the Red Sea is a mere fraction of what it costs, say, France to fund retaliatory missile strikes against the Houthis. The latest reports show that France is spending millions per missile […]
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