marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
crisis
01/26/2024
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By Ethan Huff
Insolvency experts warn: More than 47,000 U.K. businesses on “brink of collapse” as global economy crumbles
The number of businesses in the United Kingdom facing “critical” financial distress in the final three months of 2023 skyrocketed by 25 percent, according to a new report. And 47,000 of them are now on the brink of going under entirely as conditions worsen. Despite continued government claims that economic conditions are just dandy, the […]
01/03/2024
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By Richard Brown
Worst is yet to come: Banking crisis is far from over
The turbulence of the banking crisis is far from over. Despite a temporary lull following the collapse of several banking giants earlier this year, ominous signs suggest that the worst is yet to unfold. Reports indicate that a staggering 2,118 bank branches shuttered in 2023 alone, with the data encompassing only 10 months of the year. […]
12/15/2023
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By Belle Carter
Ex-intel officer: Pentagon commits multitrillion-dollar fraud, fails its sixth annual audit in a row
Scott Ritter, a former U.S. Marine Corps intelligence officer, wrote on the Russian 24/7 English-language news outlet RT an analysis of the Department of Defense‘s (DoD’s) recent admittance that the federal agency could not account for 63 percent of nearly $4 trillion in U.S. taxpayer money and having failed a massive yearly audit for the […]
12/06/2023
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By Belle Carter
U.S. Treasury running out of new buyers of debt, enters debt spiral thanks to reckless government spending
Analysts are saying that the federal government will continue to pile up debt at astonishing rates, a few weeks into the next fiscal year. Though they believe that there are a lot of factors that brought America into the situation, experts point to the wasteful government spending. Expenditures increased due to the recent economic downturn […]
09/27/2023
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By News Editors
What life is really like in America’s hellish inner cities
All over the United States, major cities are descending into a state of chaos. Every day, more migrants that came pouring through our wide open borders arrive in our inner cities, and many of them end up joining gangs or selling drugs. Meanwhile, more of our young people get hooked on drugs with each passing […]
09/11/2023
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By News Editors
Peter Schiff: Fed money magicians running out of rabbits
Most people think everything is fine. The Fed is getting inflation under control and soon they’ll be able to cut interest rates, keeping the economy from falling into a deep recession. In his podcast, Peter Schiff poured cold water on this narrative. He explains why the Fed won’t be able to repeat the magic it […]
09/11/2023
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By News Editors
EU destroying its industries by shunning Russian energy, official tells RT
The bloc’s manufacturers are forced to adjust their processes to fit non-Russian supplies, Moscow’s deputy energy minister says. (Article republished from RT.com) The EU’s industrial sector is suffering from the consequences of last year’s ban on Russian coal, Russian Deputy Energy Minister Sergey Mochalnikov told RT on the sidelines of the Eastern Economic Forum (EEF) […]
09/08/2023
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By Arsenio Toledo
New York City to spend $4.7 BILLION this fiscal year dealing with illegal immigrants
New York City’s migrant crisis is expected to cost the city $4.7 billion this fiscal year. This is according to data released by the government of New York City, which was quick to point out that more than 110,000 so-called asylum seekers have arrived in the city since the spring of 2022, with over 10,000 […]
09/06/2023
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By Laura Harris
More than 60% of Americans are living paycheck-to-paycheck as rising inflation continues to squeeze their budgets
A new study conducted by financial services company LendingClub has revealed that more than six in ten Americans are now living paycheck to paycheck as inflation continues to rise. According to the study, as of July, 61 percent of Americans reported that they were barely making ends meet compared to 59 percent during the same month in 2022. […]
08/30/2023
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By Belle Carter
Unhappy comeback: Embattled Chinese real estate giant Evergrande crashes again by 87% after 17-month suspension
The shares of the bankrupt former Chinese property giant Evergrande plunged 79 percent on Monday, its first trading day following a suspension of more than 17 months, which it used to try to restructure its offshore debt. The stock of the embattled real estate developer Evergrande Group, which trades in Hong Kong under what was supposed […]
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