marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
economy
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 S.D. Wells
SMALL BUSINESS DESTRUCTION: The Plandemic plan was to get rid of every small business in America and make entertainment for elites only
During the Third Reich reign in Nazi Germany, from 1933 to 1945, all entertainment was for the rich, elitists only — everyone else was reduced to peon status. Peons exist only at the bottom of the food chain of servitude, and one of the keys to the Nazi rise to power incorporated the role of […]
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 […]
07/16/2024
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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 Belle Carter
Volkswagen to close Audi Brussels branch due to sharp drop in EV demand
There is a chance that the Volkswagen Auto Group will shut down its luxury brand Audi in Brussels, Belgium because of the sharp drop in demand for high-end electric cars. The low demand has also forced Europe’s top carmaker to cut its margin target for 2024. According to labor sources, Volkswagen has not shut down a […]
07/08/2024
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By Laura Harris
Survey finds three out of four Americans feel financially insecure
An annual survey by consumer financial services firm Bankrate has found that three out of four Americans feel financially insecure. The Bankrate Financial Freedom survey, conducted with YouGov, also found that within the 75 percent of Americans who feel financially insecure, 45 percent believe they will eventually achieve financial security while the remaining 30 percent feel […]
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 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 […]
07/04/2024
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By Zoey Sky
Russia overtakes U.S. as Europe’s primary gas supplier despite ongoing sanctions
Sanctions have failed to stop Russia from overtaking the United States as Europe’s primary gas supplier. Even with the continent’s efforts to reduce its reliance on Russian fossil fuel resources since the beginning of the conflict, reports have revealed that Europe’s gas imports from Russia surpassed those from the U.S. in May. (Related: Russian central bank governor: […]
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