marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
market crash
02/16/2024
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By Cassie B.
BRICS and EAEU trade blocs are accelerating the demise of the dollar
The shift away from the U.S. dollar as the dominant currency on the world stage continues in full force, with BRICS and EAEU headed toward full dedollarization. Russian Prime Minister Mikhail Mishustin revealed that the share of national currencies in the mutual settlements for the countries making up the Eurasian Economic Union (EAEU) is now […]
02/15/2024
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By News Editors
Peter Schiff: We are on the brink of a catastrophe
Jerome Powell’s 60 Minutes portrayal of the national debt crisis as a distant concern starkly contrasts with the urgent reality we face. Peter Schiff doesn’t mince words in his most recent podcast when he highlights the immediate threat: (Article republished from SchiffGold.com) It’s not a problem for the future. This is not a long-term problem anymore; this is a […]
02/15/2024
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By Ethan Huff
Financial dominoes tumble as commercial real estate sector IMPLODES
A top-performing fund manager is warning that large segments of the global market, particularly in the commercial real estate sector, are “in very deep trouble.” Jonathan Golan of Man Group Plc in London says the potential for defaults will not be confined strictly to the United States, whose economy is barely limping along on life […]
02/15/2024
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By Ava Grace
Soft-on-crime policies, failure to stop retail theft trigger closures of major retailers in blue cities
While businesses blame the rise of online shopping and fall of in-store profits for closures in urban centers, insiders beg to differ. They point to the limitations of unarmed security staff and soft-on-crime policies in blue cities. Sean Salai of the Washington Times outlined three such instances of unarmed security staff meeting tragic fates in […]
02/15/2024
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By Arsenio Toledo
Credit card and auto debt DELINQUENCIES are SOARING, especially among younger Americans
New data from the Federal Reserve Bank of New York has found that credit card and auto debt delinquencies in the United States are soaring, especially among Americans aged 18 to 39. The Household Credit Report from the New York Fed’s Center for Microeconomic Data found that aggregate household debt balances rose by $212 billion, […]
02/14/2024
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By Arsenio Toledo
Crisis in American banking sends jitters across Europe’s banking sector, increasing risk of BANK DEFAULTS
Europe’s banking sector is concerned as financial instability in the United States is increasing the risk of banks defaulting in the continent. Back in late November 2023, the European Central Bank warned that the balance sheets of banks in the eurozone – the currency union of 20 European Union states who all use the euro […]
02/14/2024
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By News Editors
Biden’s economic record tied to illegal migrant employment surge, says report
A report highlights the significant role of illegal migrant employment in President Joe Biden’s job growth figures, amidst a shortfall in American employment levels since 2019. (Article republished from YourNews.com) President Joe Biden’s administration has seen a notable increase in jobs, attributed significantly to the employment of 2.9 million migrants, even as the number of […]
02/14/2024
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By Olivia Cook
Internal report finds Ford can increase its profits by up to 50% if it stops selling EVs
Automaker Ford recently released an earnings projection showing that the company’s profits could soar by 50 percent if it halted production of and investment in electric vehicles (EVs). Amid weaker consumer demand for premium EVs, Ford has already announced that it is slashing production of its F-150 EV Lightning pickup truck – the electric version of […]
02/13/2024
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By Ethan Huff
Israel faces cascading DEBT COLLAPSE as Jewish state hit with credit rating downgrade
If Israel’s war on Hamas and the Palestinian people in general continues to grow and expand to other fronts, the global credit rating agency S&P is warning that it might cut the Jewish state’s sovereign credit rating. Last October, S&P maintained Israel’s current “AA-” rating, despite the war on Gaza. It did, however, lower Israel’s […]
02/13/2024
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By Olivia Cook
General Motors to bring back plug-in hybrids as EV market falters
In 2019, General Motors (GM) became the first major American automaker to announce that it was going “all-in” on producing pure electric vehicles (EVs). Now, the company is making a significant shift back into the plug-in hybrid market. This move was announced by CEO Mary Barra during the company’s recent earnings call on Jan. 30. Before […]
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