marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
big government
02/10/2023
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By JD Heyes
Nearly half of all Americans doing worse under Biden according to major new survey
Joe Biden, like other Democratic presidents before him, has not implemented great economic policies and, coupled with massive Democratic spending his first two years in office, has dramatically harmed the average American worker’s financial situation. In fact, according to a major new survey, nearly half of all Americans say they are worse off thanks to […]
02/09/2023
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By Belle Carter
SUPPLY CHAIN SILLINESS: Biden to slap 200% tariff on Russian aluminum to “commemorate” Ukraine invasion anniversary
President Joe Biden is planning to slap a 200 percent tariff on Russian-made aluminum soon. This is to ramp up the pressure on Moscow over its war in Ukraine as the anniversary of the invasion nears. “It’s something we are considering,” a U.S. official said, but noted that the announcement about any tariff increase is not […]
02/08/2023
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By JD Heyes
Biden set to implement 200% tariff on Russian aluminum, which will worsen U.S. inflation
During his State of the Union Address on Tuesday, Joe Biden tried to claim that his economy was a success by lying about job ‘creation’ and downplaying inflation — though the latter would not even be a problem were it not for his economic policies and those of Democrats in Congress. At the height of […]
02/08/2023
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By Roy Green
Russia boosts gold stock to cushion impact of US, EU sanctions
Russia went on a gold-buying spree last year out of necessity. It wants to cushion the full impact of the trade and economic sanctions imposed by the United States and the European Union (EU) nations following its invasion of Ukraine on February 24, 2022. According to Finance Ministry data obtained by Reuters on Feb. 3, […]
02/08/2023
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By Belle Carter
Beleaguered Western commodities buyers rely on China’s refined lead, zinc
China became a net exporter of zinc and lead for 2022, which led to analysts pointing out that the communist nation “came to the rescue” of beleaguered Western buyers for both metals. According to Reuters, China exported 116,500 tons of refined lead last year – the highest outflow volume since 2007. It also marked a […]
02/06/2023
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By Arsenio Toledo
Credit card debt SURGES to record-high $930.6 billion and will keep increasing due to inflation, interest rates
The amount of credit card debt owed by Americans jumped by 18.5 percent, hitting a record-high of $930.6 billion – and this is expected to climb even higher as American consumers continue to deal with nflation and rising interest rates. “Whether it’s shopping for a new car or buying eggs in the grocery store, consumers continue to […]
02/01/2023
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By Arsenio Toledo
Demand for gold surges to highest rate in over a decade as world’s central banks continue buying spree
The World Gold Council (WGC) reports that demand for gold from central banks has surged to its highest rate in more than a decade in 2022, as central banks turn to gold as a haven asset during this period of heightened geopolitical tensions. The WGC reported that annual demand for gold increased by 18 percent […]
02/01/2023
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By Arsenio Toledo
Bank of Canada admits Trudeau’s climate change policies are fueling inflation
The Bank of Canada, the country’s central bank, has admitted that Prime Minister Justin Trudeau’s federal programs for dealing with so-called climate change are helping fuel inflation and have been deemed too “extreme” by many provincial leaders. The central bank’s researchers noted in their report, titled “The 2021-22 Surge in Inflation,” that Trudeau’s schemes for supporting […]
02/01/2023
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By Belle Carter
NY Rep. Tenney: Biden should slash federal spending amid debt ceiling battle
New York Rep. Claudia Tenney said President Joe Biden should compromise and implement austerity measures on federal spending. The Big Apple representative made the remark during a recent interview with “Wake Up America” host Rob Finnerty. Tenney was reacting to House Speaker Kevin McCarthy’s interview footage about his scheduled meeting with the president regarding the debt ceiling battle. […]
01/31/2023
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By Ramon Tomey
White House calls for regulators to bolster oversight of cryptocurrencies
The White House called for regulators to bolster oversight of cryptocurrencies, warning of the dangers that come with the burgeoning sector. Four White House officials – National Economic Council Director Brian Deese, Office of Science and Technology Policy Director Arati Prabhakar, Council of Economic Advisers Chairwoman Cecilia Rouse and National Security Adviser Jake Sullivan – made […]
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