marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
economic collapse
04/19/2024
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By Ethan Huff
A MASSIVE financial collapse is coming that will destroy everyone’s assets, warns Paul Craig Roberts
It has yet to be fully unveiled, but the United States has been robbed blind by the powers that be, which have underwritten Americans’ financial assets as collateral for the coming pop of the derivative and financial bubble. Quietly outside of public view, those in control have made a series of regulatory changes preceding the […]
04/18/2024
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By Laura Harris
Tesla plans to lay off 10% of workforce after dismal quarterly sales
Tesla has announced its plan to lay off approximately ten percent of its workforce after the release of its dismal first-quarter sales report. In that quarter, Tesla experienced a significant decline in sales due to heightened global competition, a slowdown in electric vehicle sales growth and unsuccessful attempts to attract more buyers, including with price reductions. Tesla has […]
04/18/2024
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By News Editors
The great dispossession part 3
In Part 1, I explained that the next financial crisis will be bailed out not with central bank money creation but with our stocks, bonds and bank balances. (Article republished from PaulCraigRoberts.org) In Part 2, I explained the multi-year quiet regulatory changes that dispossessed us of our property. In Part 3, I explain David Rogers […]
04/18/2024
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By Richard Brown
Israel’s DEBT has doubled to nearly $43 billion since declaring war on Gaza
Israel’s finance ministry has revealed that the war on Gaza caused Tel Aviv’s debt to skyrocket twofold, reaching 160 billion shekels ($42.59 billion). Of this debt, 81 billion shekels ($21.56 billion) were incurred since the conflict began in October. The total debt in 2023 accounted for 62.1 percent of the gross domestic product (GDP), up from […]
04/11/2024
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By Ava Grace
Bureau of Labor Statistics reports ZERO GROWTH in manufacturing jobs in March
The Bureau of Labor Statistics (BLS) has reported no new manufacturing jobs were added in March despite the administration of President Joe Biden creating many programs and public spending initiatives to boost hiring in the sector. This comes from the BLS’s latest Employment Situation Summary for March, revealing that the number of manufacturing jobs in the United States […]
04/11/2024
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By Kevin Hughes
Zimbabwe introduces new currency BACKED BY GOLD
Zimbabwe has introduced a new national currency, the Zimbabwe Gold (ZiG), that is backed primarily by gold and foreign currency reserves. This comes amid a bid by the southern African nation to stabilize its economy and counteract the devaluation of its previous currency, the Zimbabwean dollar. Reserve Bank of Zimbabwe Gov. John Mushayavanhu declared on […]
04/08/2024
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By Ramon Tomey
California discount chain 99 Cents Only announces permanent closure, begins liquidation
The California discount chain 99 Cents Only (99CO) has called it quits after more than four decades in the business, announcing that it will close for good. The company headquartered in Commerce, California announced its permanent shutdown in an April 4 press release. According to the statement, 99CO partnered with financial services firm Hilco Global […]
04/03/2024
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By Richard Brown
Homeless encampments make Los Angeles look like a Third World country
Downtown Los Angeles has been likened to a “third world” area following the release of disturbing footage showcasing a homeless encampment, complete with open fires in the streets and sidewalks strewn with trash. The alarming video, shared by Fox News reporter Bill Melugin on X, reveals numerous homeless individuals gathered on filthy sidewalks at the […]
04/02/2024
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By Ava Grace
Ford drastically cuts EV factory workforce as electric car sales plummet
About 1,400 workers at a Ford factory in Michigan that makes the F-150 Lightning will move to new jobs or take retirement packages as sales of the fully electric pickup trucks decline. Ford began the year by cutting production of the F-150 Lightning following significantly weaker-than-expected sales growth in electric vehicles. While EV sales are growing in […]
03/29/2024
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By Laura Harris
REPORT: Renting is now cheaper than owning a house in America’s 50 biggest metro areas
A recent Realtor.com report found that renting has emerged as more cost-effective than buying homes across all 50 metro areas in the United States as home prices soar and mortgage rates escalate. Realtor.com, a company operated by News Corp. subsidiary Move Inc., determines the monthly expense of home ownership by aggregating the median listing prices of studio, one-bedroom and two-bedroom […]
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