marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
Bubble
07/19/2024
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By Kevin Hughes
Shipping costs are rising all over the world, striking a huge blow to international trade
The impacts of restrictions on shipping in the Red Sea and Panama Canal are now being experienced around the world. Conflicts, economic downturns and restrictions on shipping all over the world are causing shipping costs to surge, straining the free flow of international trade. In the Middle East, for nearly 10 months now, Houthi forces from […]
07/19/2024
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By Kevin Hughes
Saudi Arabia’s Vision 2030 economic revival plan strains the kingdom’s finances amid delays, budget cuts and a growing government deficit
Crown Prince Mohammed bin Salman introduced Vision 2030 – his blueprint for a life after oil – eight years ago. Now, the economic revival project has strained the kingdom’s finances amid delays, budget cuts and the government’s growing deficit. With the government’s budget in deficit for six consecutive quarters, Saudi Arabia has become the largest issuer […]
07/19/2024
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By Ethan Huff
Day before Trump assassination attempt, Austin Private Wealth reported MASSIVE short bets on $DJT and $RUM stocks – similar to stock bets placed right before 9/11
Just like what happened before the 9/11 terrorist attacks in 9/11, an asset manager – in this case Austin Private Wealth LLC – took out massive short positions on Trump Media ($DJT) and Rumble ($RUM) the day before the attempted assassination of Donald Trump, assuming he would be killed and the two stock prices would […]
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 […]
07/16/2024
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By Laura Harris
Study finds home ownership in California has become increasingly unattainable due to disparities between wages and housing prices
A recent Harvard University housing study has revealed that buying a home in California became increasingly unattainable for many residents in 2o23 due to growing disparities between wages and housing prices. The study, titled “The State of the Nation’s Housing 2024,” found that Bay Area cities of San Jose, Sunnyvale and Santa Clara, right in the middle of Silicon […]
07/15/2024
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By Ethan Huff
Walgreens to close THOUSANDS more pharmacy stores due to rampant theft, collapsing economy under Biden
Over the next couple of years, pharmacy chain Walgreens will close another 2,150 or so stores, CEO Tim Wentworth told the Wall Street Journal on June 27. Wentworth says there are a number of reasons for the closures, not the least of which is America’s failing economy and the resultant profit losses Walgreens is seeing. There […]
07/15/2024
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By Ethan Huff
Record number of homes for sale seeing substantial price DROPS as housing market falters
Just like what started to happen in the lead-up to the 2008 financial crisis, housing prices across the United States in 2024 are staggering as a record number of homes for sale see massive price drops. Up until now, those in the top one percent with plenty of cash on hand have been gobbling up […]
07/12/2024
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By Cassie B.
America’s sanctions will put an end to U.S. dollar dominance, entrepreneur warns
U.S. sanctions are killing the American dollar’s longstanding global dominance, a Russian entrepreneur is warning, and the growing power of the BRICS coalition shows just how serious much of the world is about moving away from the greenback. In a recent interview with Tucker Carlson, the founder of Russian fertilizer producer EuroChem, Andrey Melnichenko, explained […]
07/11/2024
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By Cassie B.
Saudi Arabia threatened to sell European debts if G7 confiscates Russian assets
Saudi Arabia threatened to sell off some of its European debt holdings earlier this year if the G7 went forward with rumored plans to seize nearly $300 billion in Russian assets it had frozen. One source who was aware of the discussions described it to Bloomberg as a “veiled threat,” while two sources said that […]
07/10/2024
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By Ava Grace
Discount homeware chain Big Lots warns of BANKRUPTCY filing, triggering fears of mass closures
A discount homeware store chain in the U.S. has considered filing for bankruptcy protection, sparking fears of mass store closures. Columbus, Ohio-based Big Lots, which boasts of almost 1,400 stores across the country, is the latest to warn of money problems. The company has told financial regulators that it many not be able to continue […]
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