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News & Articles By Ethan Huff
06/19/2024
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By Ethan Huff
Japanese banking giant Norinchukin PULLS PLUG on global financial system with $63 billion Treasuries, European bonds LIQUIDATION
As many predicted, the next phase of the global financial collapse currently in motion is striking Japan as banking giant Norinchukin, best known as Japan’s “CLO whale,” liquidates $63 billion worth of U.S. Treasuries and European bonds to address the massive unrealized losses on its balance sheet. Many people missed it, but last fall Norinchukin […]
06/19/2024
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By Ethan Huff
Megabus, America’s largest private bus company, files for BANKRUPTCY as Biden’s economy falters
A budget bus alternative to Greyhound is facing bankruptcy as the true American economy bends under the continued pressure of insurmountable debt, inflation and bad bets. Megabus, which is owned by Coach USA, is known for its tickets that cost as little as $1 a pop. It currently operates in 500 cities across America, having […]
06/17/2024
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By Ethan Huff
U.S. expands sanctions against Russia, which will only accelerate dedollarization and global shift into BRICS
The U.S. State Department and Treasury sanctioned another 300 people and entities in Russia and elsewhere this week in a desperate bid to stop Russia from taking back land in Ukraine that is rightfully owned by Russia. The 300 people and entities targeted are accused of having ties to Moscow’s “war economy,” this being the […]
06/14/2024
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By Ethan Huff
Saudi Arabia lets 50-year U.S. petrodollar partnership expire, portending the END of the petro dollar
Federal Reserve Notes (FRN) are on the chopping block after oil giant Saudi Arabia decided not to renew its 50-year petrodollar partnership with the United States. At midnight on June 9, 2024, the longstanding partnership officially came to an end, allowing Saudi Arabia to start selling oil and other goods in non-U.S. dollar currencies such […]
06/13/2024
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By Ethan Huff
Moscow stock exchange (MOEX) suspends all trading in dollars, euros as global shift away from western currencies accelerates
The United States Treasury under Janet Yellen is systematically destroying the U.S. dollar (Federal Reserve Note) by endlessly poking the bear of Russia with yet another round of new sanctions. After the Treasury unveiled its latest sanction package against Russia, the Moscow Exchange (MOEX) reportedly suspended all trading in both dollars and euros, this marking […]
06/07/2024
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By Ethan Huff
Wall Street admits that ALL new jobs in past year went to illegal aliens
All last year, the Biden regime was bragging about how many “new jobs” it was supposedly creating. Well, we now know that every single one of those jobs went to illegal aliens. Over the past six years starting in July 2018, there has been no increase in employment for native-born workers in the United States, […]
06/06/2024
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By Ethan Huff
More than 40 additional countries want to join BRICS in 2024; 97 countries to participate in BRICS 2024 Games hosted by Putin
This year’s BRICS Games will usher in major changes to the global economy as an astounding 97 countries around the world have confirmed that they will be in attendance. Scheduled to be hosted by Russian President Vladimir Putin from June 12-24 in the Kazan region, the BRICS 2024 Games “are an integral part of the […]
06/04/2024
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By Ethan Huff
BIG SHORT 2.0 – Investors holding top-rated debt backed by commercial real estate suffer LOSSES for the first time since 2008 financial crisis
For the first time since the 2008 financial crisis, investors who hold top-rated debt backed by commercial real estate (CRE) are suffering losses as the economy continues its downward spiral into oblivion. The Federal Reserve’s ongoing interest rate hikes coupled with plummeting office tower values nationwide have created a situation in which there is really […]
06/04/2024
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By Ethan Huff
AAAND IT’S GONE: Google Cloud “error” instantly erases $135 billion pension fund
The pitfalls of the everything digital economy is that one data-loss screwup can wreak serious havoc, especially when it involves a multi-billion-dollar pension fund. UniSuper, a $135 billion pension fund out of Australia with 647,000 members, almost lost everything thanks to Google after Google’s Cloud servers erased the fund’s entire client list. Fortunately for UniSuper, […]
06/03/2024
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By Ethan Huff
Doomsday CEO Bob Nardelli says U.S. economy “ready to crack”
If the United States economy was a giant fault line, then, well, the earthquake rumbling has already begun. According to Bob Nardelli, the former boss of Home Depot and Chrysler, the U.S. economy is “ready to crack” – and he should know, seeing as how he correctly predicted the retail apocalypse. Blaming much of the […]
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