marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
covid-19
04/22/2022
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By Mary Villareal
Georgia governor declares state of emergency amidst continuing supply chain crisis
Governor Brian Kemp declared a state of emergency as supply chain disruptions continue in Georgia. Kemp said the Wuhan coronavirus (COVID-19) was the reason for the economic distress and supply chain issues, despite being the one to lock down Georgia at the beginning of 2020. “Despite the state’s successful mitigation of the public health impacts of […]
04/15/2022
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By Arsenio Toledo
SUPPLY CHAIN NIGHTMARE: Taiwanese manufacturers operating in Shanghai forced to shut down operations due to China’s lockdown
Quanta, the Taiwanese electronics manufacturer that makes Macbooks for Apple, was forced to shut down its factory in Shanghai along with dozens of other Taiwanese companies due to Wuhan coronavirus (COVID-19) restrictions. Economic analysts are worried that the closure of production facilities in Shanghai, including those supplying electronics to tech companies, could spell even more […]
04/05/2022
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By Kevin Hughes
America about to suffer as Federal Reserve struggles to battle inflation
The worst inflation in four decades has spurred the Federal Reserve to start a series of interest rate hikes. It’s not going to work. The plain truth is that the Federal Reserve doesn’t know how to battle inflation and America is about to suffer the consequences. With prices soaring at a pace not seen since the early 1980s, […]
03/31/2022
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By Mary Villareal
Shanghai covid lockdown to exacerbate supply chain crisis, making shipping containers nearly impossible to source
The recently announced two-phase lockdown in Shanghai could have a worse impact than the initial Wuhan coronavirus (COVID-19) lockdowns in 2020, especially on the supply chain. The Chinese government implemented the latest COVID measures when the initial two weeks of targeted, temporary lockdowns failed to contain the new outbreak. First phase of the lockdown applies to the […]
03/17/2022
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By Arsenio Toledo
World braces for renewed supply chain crisis as COVID outbreaks shut down highly vaccinated China
The supply chain crisis is expected to get worse as the resurgence of Wuhan coronavirus (COVID-19) in highly vaccinated China led to tens of millions being forced into some form of lockdown. News from authoritarian China shows that the communist nation’s zero-tolerance approach to the coronavirus has failed, and around 51 million people are currently under lockdown due […]
03/16/2022
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By Ramon Tomey
China stocks on a DOWNHILL trend as COVID cases rise
Stocks for different Chinese companies continued on a downward trend as lockdowns imposed by Beijing paralyzed business operations. Forming part of China’s zero-COVID strategy, the lockdowns came in response to spikes in Wuhan coronavirus (COVID-19) infections. Shares of e-commerce company Alibaba fell as much as 10 percent on March 14, continuing to a 23 percent […]
03/02/2022
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By Kevin Hughes
Ontario government shuts down 39 trucking companies for participating in Freedom Convoy
The Ontario Ministry of Transportation has closed 39 independent trucking companies for their participation in the Freedom Convoy protest against Wuhan coronavirus (COVID-19) restrictions. In another round of anti-protest sanctions, the ministry affirmed that 12 trucking companies in Ontario and 27 outside the province have been slapped with seizure orders canceling their authority to carry out […]
02/23/2022
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By Nolan Barton
Delay-cious: BBQ joint still under construction 8 months after scheduled grand opening due to covid restrictions and slowdowns
A buffet of issues has forced a restaurant in Chandler, Arizona to push back its grand opening for eight months and counting. “Supplies, materials, labor force – so everything. Timeline has just been pushed and pushed and pushed,” said Pork on a Fork owner Wes Hansen. Hansen’s barbecue joint is still a construction site at […]
02/15/2022
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By Kevin Hughes
Inflation is officially up 7.5 percent from last year, highest annual increase since 1982
The Department of Labor announced Thursday, February 10, that inflation in January rose 7.5 percent compared to the same month last year, the highest since February 1982 which was 7.6 percent. The year-over-year rate or “annualized rate” in December 2021 was 7.1 percent. The number surpassed economists’ prediction that consumer prices in January would increase to […]
02/11/2022
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By Nolan Barton
EPIC FAIL: Biden’s first year in office marred by worst annual inflation in four decades
The U.S. consumer price index (CPI) increased by seven percent in 2021, marking the worst annual inflation in the country since 1982 and diminishing the purchasing power of worker paychecks. That fact alone is a clear indication that President Joe Biden’s first year in office is a massive failure. There is no relief in sight either as […]
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