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Wall Street

03/06/2020 / By JD Heyes

Billionaire investor Ray Dalio warns of “worst-case scenario” with Coronavirus that could wipe out savings and destroy markets

Billionaire investor, hedge fund manager and founder of one of Bridgewater Associates said in an online post this week that the Wuhan coronavirus (COVID-19) has the potential to become a once-in-a-lifetime pandemic. Worse, he noted, though admitting he’s no virus expert, he believes that if the outbreak becomes a global pandemic and ordinary people with […]

02/29/2020 / By Ralph Flores

COVID-19 fears send global markets into a tailspin, U.S. stock market closes its worst week in 10 years

The U.S. stock market capped its worst week since the 2008 financial crisis on Friday, with all major stock indexes tanking over worries that COVID-19 could potentially end one of the longest economic expansions in history and send the global economy into recession. The CDC reports 15 confirmed COVID-19 cases in the U.S., as well […]

02/20/2020 / By JD Heyes

Wuhan coronavirus threatens to DESTROY commerce throughout China as just 34% of businesses have enough cash flow to stay open for longer than a month

If Wuhan coronavirus (COVID-19) continues to spread throughout China at its current rate and the government finds no good way to control it, millions of workers are going to be laid off from their jobs as two-thirds of small-to-medium businesses fail. According to a Google translation of a Yahoo! Taiwan story, the virus is continuing […]

01/28/2020 / By JD Heyes

Stock market takes hit as fears rise over global Coronavirus pandemic, rising infection rate in China

Stocks fell on Wall Street Monday as fears of a global Coronavirus pandemic affected market forecasts as traders appeared cautious and concerned. As reported by Breitbart News, “the Dow Jones Industrial Average was down 440 points, or 1.52 percent. The S&P 500 dropped 1.32 percent. The Nasdaq Composite fell 1.75 percent. The Russell 2000 index […]

12/11/2019 / By News Editors

“We totally failed as a business”: Unicorn scooter impales investors after company goes hooves-up

It was a stupid idea at a terrible time; startup company Unicorn thought they could convince people to spend $699 on an electric scooter – as opposed to simply paying a few bucks each time they use one of the ubiquitous e-scooters littering cities across the country. (Article by Tyler Durden republished from ZeroHedge.com) After […]

10/09/2019 / By Lance D Johnson

The collapse of Wall Street lunacy: WeWork company founded by delusional hype artist may soon have to file for bankruptcy

Nine years ago, the founder of the WeWork Company promised to “elevate the world’s consciousness.”The delusional hype artist, Adam Neumann, has been abruptly terminated, as the company’s initial public offering continues to implode. The failure of this company is a microcosm of the disaster waiting to happen with Wall Street. With a successful IPO, WeWork […]

05/09/2019 / By Ethan Huff

Leftist tech companies suffer from the same delusion as leftist ideology: It’s all hype, fiction and bulls##t, packaged as consensus reality

The deranged manner in which leftist Democrats perceive and engage reality is strikingly similar to the deceitful ways in which many tech companies operate these days: by pretending that up is down, male is female, black is white, and losses are profits. WeWork is a perfect example of this, as reports indicate that the collaborative […]

04/02/2019 / By Zoey Sky

Preppers save for a rainy day: Why financial planning is crucial for surviving an economic downturn

As a prepper, one of the first things that you need to learn is the importance of financial preparedness. Don’t wait until an economic collapse before you start settling your debts or saving money. (h/t to TimGamble.com) The basics of financial preparedness Personal, business, or government debt is bad. It will stress you out, and it makes […]

12/24/2018 / By Ethan Huff

Noted financial guru Roubini says Bitcoin is the “biggest bubble in human history” and will crash to ZERO

A prominent economist who many people refer to as “Dr. Doom” is predicting that the price of Bitcoin is headed straight down to zero in the not-too-distant future. Nouriel Roubini, chairman of Roubini Macro Associates, believes that the popular digital cryptocurrency has been wildly overhyped since its onset, and now represents what he recently described […]

10/14/2018 / By JD Heyes

Federal Reserve has declared economic war on America in order to destroy Trump

If you listen to ‘official’ Washington, to include the establishment media commentariat, it’s gauche and unacceptable to criticize the Federal Reserve, because it’s supposed to be “independent” from government and thus unassailable, despite the fact that, as our central bank, the Fed decides fiscal policy for the entire country. Never mind that the Executive Branch, […]

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