marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
debt bomb
03/01/2024
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By Cassie B.
LET THEM EAT FLAKES: Kellogg’s CEO under fire for saying Americans should eat cereal for dinner to save money amid inflation
The CEO of Kellogg’s, Gary Pilnick, has come under fire after suggesting Americans save money in the face of rising food prices by eating cereal for dinner. His comments come at a time when Americans are spending the highest percentage of their income on food in decades at 10%, while the average family spends more […]
03/01/2024
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By Belle Carter
El Salvador president warns West’s “backed-by-nothing-dollar” will drag down the rest of the world
For newly re-elected El Salvador President Nayib Bukele, the United States economy will collapse due to the U.S. dollar being backed by nothing. And the fall could bring the rest of the world down with it, he warned. Fresh from winning a second term in office with at least 85 percent of the vote, Bukele […]
02/29/2024
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By News Editors
The true state of the economy that is being hidden by the media to protect dementia Joe in the run up to the 2024 presidential election
If reporting on the true state of the economy, meaning a 2024 recession is still possible, or even probable, would the media hold back on reporting the truth in an election year if it would help a Democrat president? (Article by Susan Duclos republished from AllNewsPipeline.com) That was a rhetorical question. Of course they would, […]
02/28/2024
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By Ava Grace
NYC Mayor Adams halts final round of budget cuts after slashing spending on illegals
New York City (NYC) Mayor Eric Adams has aborted a proposed third round of budget cuts, which amount to hundreds of millions of dollars, after reducing spending on illegal immigrants. The Democrat mayor first unveiled the three-round budget cuts in the fall of last year. Under this plan, all city agencies would have to shave […]
02/27/2024
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By Laura Harris
Nike is DOING IT: Sports shoes and apparel giant to cut roughly 1,700 jobs to reduce costs by $2B over the next 3 years
Global sportswear giant Nike has announced plans to lay off roughly 1,700 employees, in a bid to cut costs by $2 billion over the next three years. Last December, Nike revised its revenue forecast and revealed cost-cutting measures as the company faces challenges stemming from changing consumer behavior, increased competition from emerging brands and economic […]
02/27/2024
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By Laura Harris
Biden admin to WIPE OUT $1.2B in federal student loans under new plan – essentially vote-buying using taxpayer money
The Department of Education (ED) has announced the automatic discharge of $1.2 billion in federal student loan debt for 153,000 borrowers under a new income-driven repayment (IDR) plan from President Joe Biden. The Saving on A Valuable Education (SAVE) Plan seeks to provide relief to enrolled borrowers who have diligently made payments for at least 10 years and […]
02/23/2024
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By Cassie B.
German banks preparing for wave of loan defaults in the face of major real estate crisis
German real estate lender Deutsche Pfandbriefbank is preparing for what it says will be the steepest drop in commercial property values seen in the country in 15 years. During the fourth quarter of 2023, the bank raised its provisions for losses on loans, setting aside more than $230 million for the year to prepare for […]
02/23/2024
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By News Editors
It’s all coming together by all falling apart
Even though Biden continues to pour on the coal of fascist economics, which is when governments fund private/corporate ventures to make them happen, as Hitler did in Germany to build Germany back better after its deep depression, January sent some brief chills into markets, particularly bonds. Stocks shrugged the news off after a day. (Article […]
02/22/2024
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By News Editors
Government issuing fraudulent statistics to cover how bad it really is
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” – Ludwig von Mises (Article republished […]
02/21/2024
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By Cassie B.
Worsenining commercial real estate market woes could spark a new banking crisis
Worries are growing that the U.S. commercial real estate market’s current woes could lead to another banking crisis. This year, around $929 billion in outstanding commercial mortgages will mature, the Mortgage Bankers Association reports. This is a staggering amount that equates to 20 percent of the $4.7 trillion outstanding debt overall. But with higher interest […]
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