marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
tariffs
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 […]
11/27/2024
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By Laura Harris
REPORT: Tariffs during Trump’s first term would help U.S. decouple from China
A report from the National Pulse has revealed that the enactment of tariffs during the first term of President-elect Donald Trump is now helping the United States decouple from its imbalanced trade relationship with China. During Trump’s first term, he imposed 10 percent tariffs on Chinese aluminum, 30 percent on solar panels and electric vehicles and […]
11/26/2024
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By News Editors
With or without tariffs, the USD is a Ponzi
With soaring deficits, soaring debt, and interest payments that can only be made by issuing a debt-based currency on which even more interest will be due, the USD can only possibly be described as an elaborate nation-state level bankster Ponzi scheme. (Article republished from SchiffGold.com) Dollars are backed by debt, which requires infinite economic growth to […]
11/25/2024
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By Laura Harris
Walmart CFO warns customers of potential price increases if Trump implements new tariff plans
Walmart Chief Financial Officer John David Rainey has warned the public that the retail giant would have to raise its prices if President-elect Donald Trump pushed through with his new plans to impose tariffs. During the campaign period, Trump vowed to impose a 60 percent to 100 percent tariff on imports from China and a […]
10/28/2024
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By News Editors
Trump’s tax free America beckons
President Donald J. Trump is floating the elimination of the federal income tax, with the revenue from it being replaced by income from import and export tariffs. The tax policy change, first floated by Trump during a recent campaign stop at a Bronx, New York barbershop, has caught fire on social media—even receiving the enthusiastic backing of former Congressman and libertarian […]
08/19/2024
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By Belle Carter
Solar panel giant SunPower files for bankruptcy as Biden’s economy unravels
One of the country’s largest residential solar installers has just declared Chapter 11 bankruptcy, marking the end of the 39-year-old business. The green energy company cited a “severe liquidity crisis caused by a sharp decline in demand in the solar market and SunPower’s inability to obtain new capital.” “In light of the challenges SunPower has […]
07/18/2024
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By Ethan Huff
Trump unveils “Trumponomics” plan for low taxes, high tariffs and JPMorgan Chase’s Jamie Dimon as Treasury Secretary – oh, and Jerome Powell and the Fed are here to stay
Before getting shot at in Butler, Penn., at his recent rally, Donald Trump laid out his “Trumponomics” plan for 2025 and beyond. Speaking to Bloomberg in an exclusive interview, Trump outlined the core tenets of his “Make America Great Once Again” platform. One major plank is the massive bilateral sanctions Trump plans to impose as […]
07/02/2024
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By Belle Carter
Rep. Massie: Trump has proposed eliminating the income tax and replacing it with tariffs
Former President Donald Trump has proposed eliminating the income tax and replacing it with an “all-tariff” policy on imports, according to a Republican lawmaker. Kentucky Rep. Thomas Massie disclosed this in a post on X, citing a private meeting Trump had with GOP lawmakers at the Capitol Hill Club last month. “Most intriguing policy idea […]
05/20/2024
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By Kevin Hughes
U.S. slaps new tariffs on Chinese electric vehicles, batteries and other EV hardware
The administration of President Joe Biden has passed massive tariffs on Chinese products, quadrupling duties on Chinese-made electric vehicles to over 100 percent and enforcing new levies on Chinese computer chips, solar cells and lithium-ion batteries. The White House said the latest actions are aimed to “protect American workers and businesses.” The tariffs will affect […]
01/23/2024
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By Belle Carter
Germany’s electricity prices DOUBLE as “green” nightmare kicks in
German multinational electric utility company E.ON recently announced a piece of bitter news to its consumers – it is having a hefty double-the-price increase effective shortly. “Consumers who heat with electricity and live in E.ON’s basic supply area have so far been able to benefit from relatively low prices for the basic heating electricity supply […]
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