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News & Articles By Ethan Huff
12/08/2022
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By Ethan Huff
Average rent in Manhattan jumps to $5,200 as America descends into hyperinflation hell
Everything the “experts” were saying about inflation being “transitory” is proving to be a lie after the latest data showed that average rental costs in Manhattan have now topped $5,200 per month. A major component of inflation indexes, New York’s rental market, the largest in the country, continues to see higher and higher prices month […]
12/08/2022
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By Ethan Huff
Housing recession has arrived: 270,000 mortgages obtained in 2022 already underwater
The Housing Market Index (HMI) reached its lowest level in a decade this week, which serves as more proof that the United States is already in a recession. A major metric that gauges the outlook for home sales, the HMI declined in November to 33, based on a 100-point scale. Other than a similar dip […]
12/08/2022
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By Ethan Huff
Exports from China, Taiwan PLUMMET amid growing recession; expect more shortages of drugs and consumer products
Following a recent announcement about easing its infamous “covid zero” lockdown policies, which many expected would help alleviate some of the supply chain problems still plaguing the global economy, communist China has instead reported a massive plunge in exports that is far worse than Wall Street forecasts. In November, exports and imports both shrank at […]
12/06/2022
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By Ethan Huff
Runaway inflation driving some desperate Welsh citizens to eat pet food
Desperate times call for desperate measures, which in Wales means that some desperate folks are resorting to eating pet food in order to survive. Record inflation is leaving many families behind. No matter how many hours they work, there is just not enough money for food, which is skyrocketing in price due to rampant market […]
12/04/2022
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By Ethan Huff
FTX head Sam Bankman-Fried declared a “pathological liar and a sociopath” for continuing to explain away his outrageous fraud and deception
Democrats who were on the dole of crypto scammer Sam Bankman-Fried’s (SBF) FTX and Alameda operations are demanding amnesty for the crook, who they claim simply “had a bad month.” Following a recent interview in which SBF claimed ignorance about the missing millions of investor dollars, leftists were quick to call for everyone to forgive […]
12/02/2022
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By Ethan Huff
Is a home price collapse on the way? Some experts say yes
Within the next year, according to some economists, home prices across America will plummet. Residential real estate is already massively overinflated and showing signs of a correction. And with existing home sales dropping for the ninth straight month, that correction could come sooner rather than later. Mortgage rates are also on the rise, nearing seven […]
12/01/2022
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By Ethan Huff
Manufacturing EV batteries in EU “practically unviable” due to soaring energy costs, says Volkswagen
The energy crisis in Europe is making it prohibitively difficult for electric vehicle (EV) battery manufacturers to continue operating. Thomas Schaefer, the CEO of Volkswagen AG’s name brand, recently stated that EV battery plants are “practically unviable” at this point because of energy costs that have reached the stratosphere due to globalist sanctions against Russia […]
11/30/2022
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By Ethan Huff
Bougie clothing store in left-wing Portland shuts down following 15 break-ins
Rains PDX, a high-end clothing and apparel store in far-left Portland, is closing down following not just one, two or even three, but rather 15 break-ins over the past several years. Marcy Landolfo, the store’s owner, told local news affiliate KATU that she has no choice but to shut down the business because “the products […]
11/29/2022
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By Ethan Huff
FTX contagion spreads as BlockFi crypto firm files for Chapter 11 bankruptcy
First it was Celsius. Then it was Voyager, FTX, and Alameda. Now BlockFi is filing for bankruptcy as cryptocurrency scams continue to unravel one after another. Reports indicate that BlockFi filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of New Jersey almost immediately following the implosion of FTX. […]
11/22/2022
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By Ethan Huff
So-called “audits” of crypto companies are a complete joke, carried out by auditors who don’t even understand basic principles of finance or math
FTX’s “first day” affidavit has finally hit the docket (22-11068, U.S. Bankruptcy Court for the District of Delaware), and what this reveals, among other things, is that the so-called “auditing” process behind the failed cryptocurrency exchange was severely lacking at best. It is going to be a lengthy process getting to the bottom of what […]
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