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News & Articles By Ethan Huff
03/25/2020
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By Ethan Huff
Economist says we can’t let coronavirus kill the economy, urges placing Wall Street profits above human lives
Thomas Sowell once wrote, “There are no solutions. There are only tradeoffs.” And aren’t we ever seeing that today with the Wuhan coronavirus (COVID-19) crisis as society grapples with the moral dilemma of getting the economy started back up again to prevent a total collapse, or keeping everything locked down to protect public health. Some […]
03/23/2020
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By Ethan Huff
Here come the soulless billionaires begging for taxpayer-funded bailouts for their greedy selves
As millions of ordinary Americans struggle to put food on the table now that the Wuhan coronavirus (COVID-19) has taken away their jobs, billionaires like real estate investor Tom Barrack actually have the audacity to whine on cable television about how they personally need taxpayer-funded bailouts to avoid long-overdue corrections on their greedy overleveraging. Barrack recently […]
03/10/2020
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By Ethan Huff
Gas-fired power plant burns fossil fuels to generate bitcoins in stunning example of total energy waste
Did you know that in the state of New York there’s a natural gas power plant currently in operation that has its own bitcoin mining rig? It’s known as Greenidge Generation, and about $50,000 dollars’ worth of the virtual cryptocurrency is “mined” there daily using gobs of fossil fuel energy. Located in New York’s Finger […]
02/15/2020
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By Ethan Huff
Apple shuts down Foxconn facility in China due to coronavirus (no more iPhones?)
While most people are focused on the direct human impact of the Wuhan coronavirus in terms of its risk of spread, far fewer are paying attention to the dire economic impacts of having to keep Chinese factories closed due to the outbreak, including at least one factory owned and operated by Apple iPhone maker Foxconn. […]
02/03/2020
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By Ethan Huff
China’s global supply chains collapsing due to coronavirus
Novel coronavirus is spreading to the four corners of the globe, creating fear and panic about a potential out-of-control global pandemic. But another major threat is the economic impact of this disease, which is already disrupting China’s global supply chains and threatening to trigger a collapse. Reports indicate that people are increasingly deciding not to […]
10/30/2019
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By Ethan Huff
Bitcoin advocates thought futures trading would make it skyrocket to $1 million, but this was actually a plot to pop the bubble
Back in 2017, we issued a warning about the then-launch of Bitcoin futures, which threatened to open wide the floodgates for price manipulation. Well, it turns out we were right, as the former head of the U.S. Commodity Futures Trading Commission (CFTC) has come forward to reveal that it was actually the Trump administration that […]
10/14/2019
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By Ethan Huff
Massive Bitcoin mining farm in China goes up in flames… a foreshadow of things to come?
There’s more trouble in cryptocurrency land after a “monstrous data facility” that mined Bitcoin in China reportedly burned to the ground recently, supposedly due to “faulty wiring and bad PSUs.” An omen of what’s to come for the world’s financial system at large, the disaster, which occurred at a company known as Innosilicon, resulted in […]
05/09/2019
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By Ethan Huff
Leftist tech companies suffer from the same delusion as leftist ideology: It’s all hype, fiction and bulls##t, packaged as consensus reality
The deranged manner in which leftist Democrats perceive and engage reality is strikingly similar to the deceitful ways in which many tech companies operate these days: by pretending that up is down, male is female, black is white, and losses are profits. WeWork is a perfect example of this, as reports indicate that the collaborative […]
05/02/2019
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By Ethan Huff
Cryptocurrency plunge once again illustrates that digital coin manipulation is a rampant problem
Researchers from Cornell Tech and several other universities recently published a paper looking at how many major cryptocurrency exchanges operate – and what they discovered is nothing short of chilling. As it turns out, manipulation is rampant across many crypto exchanges – and it’s typically the little guys that are bearing the brunt of the […]
04/27/2019
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By Ethan Huff
Japanese billionaire, founder of SoftBank, lost $130 million on Bitcoin after the crypto-hype imploded
The second richest man in Japan recently lost a boatload of cash after deciding to sell his Bitcoin holdings, which he purchased at just about the worst possible time back in late 2017 when Bitcoin had reached all-time highs. Masayoshi Son, the billionaire founder of Softbank Group Corp., had experienced what many were feeling during […]
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