marketcrash
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pensions
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China
07/12/2024
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By Cassie B.
American sanctions will put an end to U.S. dollar dominance, entrepreneur warns
U.S. sanctions are killing the American dollar’s longstanding global dominance, a Russian entrepreneur is warning, and the growing power of the BRICS coalition shows just how serious much of the world is about moving away from the greenback. In a recent interview with Tucker Carlson, the founder of Russian fertilizer producer EuroChem, Andrey Melnichenko, explained […]
06/25/2024
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By Belle Carter
U.S. Treasury puts Japan back on currency manipulator watchlist for potential foreign exchange malpractices
The United States Department of the Treasury recently announced that it has once again put Japan on a list of major trading partners that it monitors for potentially unfair foreign exchange practices. Japan had been absent from the watchlist since June 2023. Currency manipulation is an effort to tinker with the value of a nation’s currency about […]
06/24/2024
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By Ethan Huff
If China’s economy collapses – and it sure looks like it’s going to – the entire global economy will go with it
The world’s second-largest economy “is teetering on the brink of disaster,” according to Business Insider (BI). That economy is China’s, which is showing major signs of an impending collapse with numerous market-shaking events in recent days. So far this spring, Beijing has: – Canceled initial public offerings (IPOs) – Fined tech companies billions for antitrust […]
06/03/2024
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By Kevin Hughes
Gerald Celente: Economic sanctions are turning China and Russia into SELF-SUFFICIENT countries
Sanctions slapped against Russia and China by the U.S. and its Western allies are only turning Beijing and Moscow into self-sufficient nations, according to trend forecaster Gerald Celente. He shared this during a May 24 interview on the “Health Ranger Report” with the Health Ranger Mike Adams. Celente told the program host that sanctions on […]
06/03/2024
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By News Editors
The world has accumulated a $315 trillion mountain of debt, and global events will soon bring it crashing down
I suppose that congratulations are in order. It is no small feat to pile up a debt of $315,000,000,000,000, and we will never see a mountain of debt of this magnitude ever again after it comes crashing down. Even though delinquency rates are rising all over the world, as long as conditions remain at least […]
05/24/2024
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By Richard Brown
DOLLAR DEMISE: China selling U.S. Treasury bonds in record numbers in favor of gold, other commodities
China sold a record number of U.S. Treasury bonds in the first quarter of this year, marking a significant shift away from dollar assets in favor of other commodities. Beijing divested a total of $53.3 billion in Treasuries and agency bonds during the first three months of the year, while simultaneously increasing its purchases of […]
05/22/2024
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By Ethan Huff
Russia and China now conducting 90% of financial settlement transactions in national currencies – once the new BRICS currency arrives, it’s GAME OVER for the U.S. dollar
The Federal Reserve Note (FRN), a piece of paper printed by private central bankers that is backed by absolutely nothing, is on the decline after Russia and China have near-successfully completed their transition to doing virtually all trade in rubles and yuan, the two countries’ respective national currencies. Reports indicate that upwards of 90 percent […]
05/21/2024
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By Richard Brown
Putin, Xi pledge stronger partnership as Russia pummels Ukraine
Russian President Vladimir Putin and Chinese President Xi Jinping pledged to deepen their partnership during a meeting in Beijing on Thursday, May 16, highlighting their countries’ united front against the West. This meeting comes as Putin intensifies his offensive in Ukraine and follows his recent military leadership shake-up. Putin’s visit to China, his first international […]
05/21/2024
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By Cassie B.
China waging “fire sale” of U.S. treasuries, dumping $53 billion in just the first quarter of 2024
China has made a bold move in its push to diversify away from American assets in the wake of trade tensions by selling off a record amount of Treasury bonds. Data from the U.S. Department of the Treasury shows that China offloaded more than $53 billion worth of agency bonds and Treasuries during the first […]
05/20/2024
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By Kevin Hughes
U.S. slaps new tariffs on Chinese electric vehicles, batteries and other EV hardware
The administration of President Joe Biden has passed massive tariffs on Chinese products, quadrupling duties on Chinese-made electric vehicles to over 100 percent and enforcing new levies on Chinese computer chips, solar cells and lithium-ion batteries. The White House said the latest actions are aimed to “protect American workers and businesses.” The tariffs will affect […]
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