marketcrash
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News & Articles By Ethan Huff
07/01/2022
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By Ethan Huff
The Ponzi NFT market is collapsing as people realize that stupid images of cartoon rocks are never going to have intrinsic value
Since reaching its peak late last summer, the market for non-fungible tokens (NFTs) has cratered. Images that were worth (supposedly) thousands or even millions of dollars are now being pushed for a tiny fraction of that with no buyers. It seems that NFTs, at least in their current use applications, are mostly a bust. Much […]
06/29/2022
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By Ethan Huff
CRYPTO CONTAGION: Three Arrows Capital defaults after failing to make required payment on loan of 15,250 bitcoins
Voyager Digital LLC just issued a notice of default to Three Arrows Capital (3AC) after the latter failed to make the required payments on a loan of 15,250 bitcoins (BTC) and $350 million of USD Coin (USDC). Another domino to fall in the cryptocurrency collapse contagion, 3AC will now have to work with Voyager’s advisors […]
06/28/2022
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By Ethan Huff
Putin says BRICS countries are establishing new global reserve currency to replace U.S. dollar
Brazil, Russia, India, China and South Africa (BRICS) are all working together right now to establish a new global reserve currency, says Russian President Vladimir Putin. The United States dollar, a fiat Ponzi scheme that has ruled the world for far too long, is on its last legs. And Putin, speaking at the recent BRICS […]
06/28/2022
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By Ethan Huff
Collapse continues unabated: Supply chain problems interrupting company operations all across America
Another American company is embroiled in a serious force majeure situation due to a crumbling supply chain and the war in Ukraine (or so we are told by the media). Master Builders Solutions Admixtures wrote a letter to its customers the other day explaining that raw materials allocations are simply not arriving as contracted, which […]
06/27/2022
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By Ethan Huff
“Winter” is coming for the West, and it is going to be apocalyptic
The head of Germany’s Federal Network Agency has issued a stark warning about what is soon to come for the country – and it is not pretty. Fuel shortages coupled with skyrocketing prices will send “shockwaves throughout the country,” says Klaus Müller, whose office regulates Germany’s electricity, gas, telecommunications, postal services and railway markets. Speaking […]
06/24/2022
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By Ethan Huff
Lake Mead is less than 150 feet away from becoming a “dead pool,” making much of the Southwestern U.S. uninhabitable
America’s largest reservoir is drying up fast, which could make states like Nevada, Arizona and California, and parts of Mexico, no longer livable in the not-too-distant future. Lake Mead, which generates just under 40 percent of Las Vegas’ power supply via the Hoover Dam, currently sits at just under 1,044 feet. It is less than 150 […]
06/23/2022
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By Ethan Huff
Collapse continues: Environmentalists sue Biden regime to block 3,500 oil and gas permit applications for drilling on federal lands
At a time when America desperately needs to ramp up its drilling efforts for oil and gas to help increase supplies and quell inflation, a coalition of environmental groups is suing the Biden regime over 3,500 permit applications that seek to do this very thing on federal lands. These extremist groups argue that allowing energy […]
06/23/2022
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By Ethan Huff
Biden asks Congress to suspend federal gas tax for 90 days – WHY NOT PERMANENTLY?
Fake “president” Joe Biden stumbled through a speech this week calling on Congress to immediately suspend the federal gas tax for the next three months, which will shave 18 cents per gallon off the cost of automobile fuel. Just days after Treasury Secretary Janet Yellen proposed the very same thing, Biden made an appearance to […]
06/22/2022
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By Ethan Huff
Yellen proposes temporary federal gas tax “holiday” to combat inflation (why not make it PERMANENT?)
The solution to runaway gasoline inflation is to temporarily halt the federal gas tax, according to U.S. Treasury Secretary Janet Yellen. Instead of doing away with the ridiculous tax entirely, Yellen would like for there to be a small “holiday” from the government scam in order to pacify the masses into believing that someone is […]
06/21/2022
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By Ethan Huff
Fertilizer giant CF Industries shutters UK production plant due to rising energy costs, seeks financial restructuring
A major fertilizer producer in Great Britain is shutting down production due to excessively high natural gas feedstock costs. CF Fertilizers U.K. Limited, a subsidiary of CF Industries Holdings Inc., had previously announced a suspension of operations back in the fall, and is now seeking to financially restructure itself entirely amid the changing global economy […]
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