marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
debt bomb
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 […]
07/15/2024
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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 […]
07/11/2024
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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 […]
07/09/2024
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By Olivia Cook
Fast-casual pizza chain MOD Pizza in the red, considers BANKRUPTCY FILING
Fast-casual restaurant chain MOD Pizza appears to be in the red and is reportedly considering filing for bankruptcy. Bloomberg News first disclosed the development, citing unnamed sources. The report said while bankruptcy is a possibility, MOD Pizza could still choose a different path. The company is “exploring all options” to improve its financial situation, according […]
07/05/2024
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By Richard Brown
BIDENOMICS claims another victim: Retail store chain Bob’s Stores to close down all locations by July 14
Bob’s Stores, a retailer specializing in athletic and casual clothing across six states, is closing all its locations. The chain currently has “Going Out Of Business” sales that offer customers massive discounts of between 30 to 70 percent off, and the company’s website is no longer operational. Shoppers can find reduced prices on top national […]
07/04/2024
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By Ethan Huff
July 4th BBQ meal cost up $11.72 since Biden bragged about $0.16 price drop in 2021
This year, Americans are suffering through what RNC Research described as the “most expensive Independence Day on Record,” complements of the Biden regime. A mass email from RNC Research that cites data from the American Farm Bureau Federation claims that the same Fourth of July barbecue meal that the Biden White House bragged was $0.16 […]
07/04/2024
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By Cassie B.
John Deere laying off hundreds more workers in the Midwest and shifting production to Mexico
Farm equipment manufacturer John Deere has announced another round of layoffs due to the slowing American economy and a reduction in demand that is prompting them to shift their production to Mexico. The company, which is the top seller in the world of tractors and crop harvesters, has given 610 production staff at its Iowa […]
07/02/2024
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By News Editors
Wait, how much have groceries gone up?
The most startling moment in the CNN debate last week between President Joe Biden and former President Donald Trump was not from the candidates. It was from moderator Jake Tapper, who said with a straight face as if it were just the science that grocery prices were up by 20 percent since President Biden was […]
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