marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
economic riot
12/06/2024
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By Ethan Huff
New BRICS banking system will render Western sanctions on Russia USELESS
Former chancellor of Exchequer (British revenue collector) Lord Lamont of Lerwick is warning the world that if BRICS creates its own separate banking system separate from the U.S. dollar, all Western sanctions against Russia and its allies will be rendered completely useless. With growing talk about the BRICS countries – Russia, China, India, Brazil and […]
12/06/2024
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By Kevin Hughes
Mike Adams: The West has LOST ITS HEGEMONIC RULE over the world
According to the Health Ranger Mike Adams, the West led by America has lost its hegemonic rule over of the world. “The West has already lost its position as the hegemonic rulers of the world, and this is why the West is fighting so hard in Ukraine,” he said during a recent edition of the […]
12/06/2024
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By Ethan Huff
HALF of all U.S. states going BANKRUPT, financial report finds
The future of America hangs in the balance as the country’s financial state is not exactly strong. A recent report from Truth in Accounting has revealed that 27 states across America, more than half, ended fiscal year 2023 with a deficit, meaning they did not have enough money on hand to cover their financial obligations. […]
12/06/2024
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By News Editors
Europe is again on the brink of financial Armageddon. This time it may not step back
How they laughed when Britain’s hard-won reputation for pragmatic and stable government descended into chaos in the aftermath of the vote for Brexit. (Article by Jeremy Warner republished from Telegraph.co.uk) How they gloated and delighted in saying “told you so” when Liz Truss threw caution to the wind and in an act of breath-taking recklessness […]
12/05/2024
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By Cassie B.
U.S. pension systems are on the verge of debt collapse
Pension systems throughout the U.S. are falling deeper into what experts term “pension debt paralysis,” even in the face of record-setting contributions from state and local governments. The city of Milwaukee was recently given a grade of D by Truth in Accounting for its financial position due to its pension system’s huge net liability of […]
12/05/2024
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By Ethan Huff
Trump fires warning shot at BRICS, threatens “100% tariffs” if China, Russia develop U.S. dollar alternative currency
On Truth Social this week, President-elect Trump fired warning shots at the BRICS alliance, which is threatening to create an alternative to “the mighty U.S. dollar,” as Trump called it. With Russia and President Putin leading the way, BRICS is feverishly working to offload all dependence on the U.S. dollar, which is more honestly called […]
12/04/2024
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By Arsenio Toledo
Economists warn incoming Trump administration risks turning bullish stock market into a risky BUBBLE
Economists are warning that the incoming administration of President-elect Donald Trump could rattle the country’s economy and lead to stock markets changing course from their current bullish state. Most stock markets have been surging thanks to traders responding positively to Trump’s recent victory in the election and his impending inauguration on Jan. 20, 2025. The […]
12/04/2024
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By Ethan Huff
Beijing fights back against U.S. economic “bullying” after Washington restricts chipmaking exports to China
The U.S. Department of Commerce announced an export ban to China this week that covers 24 different types of microchip manufacturing equipment, prompting Beijing to issue a statement that “necessary measures” will now be taken to safeguard China’s semiconductor industry. The Commerce Department under President Biden will no longer allow the equipment, which includes three […]
12/04/2024
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By News Editors
The looming debt crisis: Is America following the path of collapsed empires?
Debt can topple even the most powerful empires. (Article by Nick Giambruno republished from InternationalMan.com) Whether it’s Rome, Spain, France, Britain, or the Soviet Union, excessive debt has played a critical role in their decline. The typical pattern in these examples of collapsing empires is: Stage #1: Empires achieve success and become overconfident. Stage #2: Overconfidence leads […]
12/03/2024
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By News Editors
Ryanair CEO O’Leary: Germany is run by ‘idiots’
In an interview for the industry magazine “Airliners,” Ryanair CEO Michael O’Leary attacked German politicians, calling them “a government of idiots,” criticizing in particular the Greens, whom he accused of “stupid solutions,” reports DoRceczy. (Article by Liz Helfin republished from RMX.news) He was also skeptical about the future government of the Federal Republic of Germany. “I […]
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