marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
Glitch
12/12/2024
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By Ramon Tomey
How the digital rupee could redefine India’s financial future
Outgoing Reserve Bank of India (RBI) Gov. Shaktikanta Das emphasized the pivotal role of India’s home-grown central bank digital currency (CBDC), the digital rupee, in shaping the country’s financial future. The RBI under Das’ leadership launched pilot projects for the digital rupee, including retail and wholesale applications, with 16 participating banks and features like offline […]
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 […]
09/09/2024
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By Ethan Huff
CBDCs will allow police to collect, store personal data for surveillance state, IMF paper reveals
The International Monetary Fund (IMF) published a report recently that warns about the very serious privacy risks associated with central bank digital currencies (CBDCs). According to the paper, entitled “Central Bank Digital Currency Data Use and Privacy Protection,” any central bank can use its CBDC system to collect all sorts of private information about users. […]
09/06/2024
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By Ethan Huff
Get ready for sky-high electricity bills as Green New Deal threatens to increase energy costs by 2,800%
The phase-out of earth-based fuels like oil and gas is in full swing. And in the not-too-distant future, average American households could end up paying energy bills that are 2,800 percent higher than they are currently. In order for wind and solar power generation to keep an industrialized economy grinding, these technologies require a lot […]
09/03/2024
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By Ethan Huff
India abandoning U.S. dollar in favor of cryptocurrency for trade settlements
After successfully completing its first-ever crude oil transaction with the United Arab Emirates (UAE) using local currencies rather than the U.S. dollar, India is now ready to finish transitioning to cryptocurrency as the sole medium for conducting international trade. One of the original five BRICS countries to challenge Western hegemony, India is relying on the […]
08/05/2024
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By Ethan Huff
EVs are killing the automobile industry: Mercedes, Porsche, Tesla and Ford all seeing profits “free fall”
Almost nobody wants to purchase an electric vehicle (EV) anymore, and the automobile industry is feeling the heat as profits plummet. Mercedes lost a ton of cash, around 21 percent of its profit stream, following the introduction of a new EV fleet that it hoped would appeal to consumers. It turns out that people are […]
08/02/2024
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By Cassie B.
NSA whistleblower Edward Snowden warns that Bitcoin transactions aren’t as anonymous as people think
NSA whistleblower Edward Snowden has warned the public that their Bitcoin transactions may not be as private as they’d like to think, potentially exposing sensitive information about their political affiliations and lifestyle to governments and other entities. In his keynote speech at the recent Bitcoin 2024 conference in Nashville, which he gave from his exile […]
08/01/2024
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By Ethan Huff
Delta hires powerful attorney David Boies to pursue damages against CrowdStrike, Microsoft after unprecedented IT outage
Atlanta-based Delta Air Lines is bringing in the big dog to try to recoup the upwards of $500 million the company lost as a result of the CrowdStrike and Microsoft outage that occurred on July 19. David Boies, a high-profile attorney and chairman of Boies Schiller Flexner, will help Delta pursue damages from both CrowdStrike […]
07/31/2024
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By Olivia Cook
British newspapers highlight RISKS of a CASHLESS SOCIETY after major global IT outage
British newspapers have warned of the risks that come with moving toward a cashless society in light of the global IT outage that affected Microsoft systems. According to independent journalist Nick Corbishley, the mainstream media has “played a key role in advancing the Global War on Cash – a war that began with no official declaration […]
07/26/2024
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By Ethan Huff
CrowdStrike CSO Shawn Henry sold 4,000 shares of the company on July 15, just days before Microsoft-CrowdStrike tech outage crippled global tech platforms
On July 15, just a few days before the Microsoft-CrowdStrike global tech outage caused by a corrupted anti-virus update (or so we are told), CrowdStrike Chief Security Officer Shawn Henry sold 4,000 shares of CrowdStrike Holdings Inc (NASDAQ: CRWD), a recent SEC filing shows. After the sale, Henry now owns 183,091 shares of the company, […]
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