marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
finance riot
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 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 […]
04/16/2024
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By Cassie B.
Delusional German chancellor blames RUSSIA for inflation and high energy prices, ignoring the U.S.’s Nord Stream pipeline destruction
As Germans continue to deal with inflation and high energy prices, politicians are pinning the blame for the situation on Russia while failing to acknowledge the role of the U.S. in blowing up the Nord Stream pipeline and its effect on their gas supplies. In an interview last week, German Chancellor Olaf Scholz tried to […]
04/15/2024
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By Laura Harris
Uber and Lyft to stop services in Minneapolis after City Council passes minimum pay rate for rideshare drivers
Rideshare giants Uber and Lyft are threatening to suspend all operations in Minneapolis following the City Council’s decision to enforce a minimum pay rate for rideshare drivers in the city. The ordinance, set to take effect on May 1, mandates rideshare companies like Uber and Lyft to compensate drivers a minimum rate of $1.40 per […]
04/15/2024
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By Laura Harris
Trudeau plans to continue immigration policies despite admitting they have caused decline in wages, housing crisis in Canada
Prime Minister Justin Trudeau has announced that his government will continue bringing in up to 500,000 permanent immigrants to Canada annually, despite openly admitting that his immigration policies have contributed to declining wages and housing crisis. In a media conference at Dartmouth, Nova Scotia, on April 2, a journalist asked Trudeau how his policies have contributed […]
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 Richard Brown
Chinese renminbi replacing the U.S. dollar as most traded currency in Russia’s foreign exchange market
The Central Bank of Russia has just released a financial risk review noting how trading in the Chinese renminbi reached a historic high in March. This surge in yuan usage comes as part of Russia’s ongoing shift away from major Western currencies, spurred by sanctions imposed by the United States and the European Union over […]
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 […]
04/09/2024
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By Ava Grace
Apple announces LAYOFFS of more than 600 workers
Tech giant Apple is set to lay off more than 600 employees in its California offices, marking its first major wave of job cuts after the Wuhan coronavirus (COVID-19) pandemic. According to the Epoch Times, 614 employees across multiple Apple offices in Santa Clara, California will be impacted by the impending job cuts. “The company did not […]
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