marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
finance riot
03/29/2024
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By Laura Harris
REPORT: Renting is now cheaper than owning a house in America’s 50 biggest metro areas
A recent Realtor.com report found that renting has emerged as more cost-effective than buying homes across all 50 metro areas in the United States as home prices soar and mortgage rates escalate. Realtor.com, a company operated by News Corp. subsidiary Move Inc., determines the monthly expense of home ownership by aggregating the median listing prices of studio, one-bedroom and two-bedroom […]
03/28/2024
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By News Editors
U.S. consumers have reached a breaking point
Over the past several years, the cost of living has been rising significantly faster than paychecks have. As a result, U.S. consumers have reached a breaking point. Delinquency rates are spiking and bankruptcies have risen to a very dangerous level. I have been hearing from so many people that are struggling to survive in this suffocating economic environment. […]
03/28/2024
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By News Editors
The deeper dive: Bubble brains everywhere
And, so, the years and years of extreme financial manipulation began, and so they continue today. (Article by David Haggith republished from TheDailyDoom.com) The years since the Great Financial Crisis have been one giant and ridiculous ride that has attempted to deny reality in order to avoid the pain of making meaningful corrections in how […]
03/27/2024
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By Richard Brown
Putin successfully using GOLD to defeat international sanctions on Russia
Since the Western world implemented widespread sanctions against Russia over its special military operation in Ukraine in early 2022, President Vladimir Putin’s strategy for evading economic disaster has relied on linking the ruble’s value to gold, sparking both intrigue and concern globally. Despite facing an onslaught of over 16,000 sanctions, targeting everything from Russian trade, […]
03/27/2024
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By Laura Harris
53% of Millennial and Gen Z consumers are resorting to “buy now, pay later” services and racking up enormous debt
Recent data from analytics company LexisNexis Risk Solutions found that 53 percent of millennials (ages 30 to 44) and Gen Z (ages 18 to 29) consumers are now using “buy now, pay later” (BNPL) services as a financial lifeline for their daily essentials to adapt to inflation. BNPL providers like Afterpay Limited and Klarna Bank AB have […]
03/26/2024
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By Laura Harris
REPORT: Combined wealth of American billionaires has skyrocketed by 87.6% since the COVID-19 pandemic
A recent Inequality.org report reveals that the combined wealth of American billionaires has skyrocketed by 87.6 percent since the onset of the Wuhan coronavirus (COVID-19) pandemic in March 2020. According to the report, the total wealth of American billionaires has reached a staggering $5.53 trillion as of March 18. The windfall has primarily benefited titans of the tech industry, with […]
03/25/2024
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By Ava Grace
Hertz CEO Stephen Scherr steps down in wake of company’s disastrous bet on EVs
Stephen Scherr, who ran rental car giant Hertz for over two years after three decades at Goldman Sachs Group Inc., has decided to step down in the wake of a disastrous bet on electric vehicles (EVs) that the company began unwinding in recent months. Hertz will replace him with Gil West, the former chief operating officer of […]
03/25/2024
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By Arsenio Toledo
Texas public schools fund pulls out $8.5 billion from BlackRock over ESG investing
A school fund in Texas has pulled $8.5 billion of state money from BlackRock over accusations that the investment firm’s alleged boycott of fossil fuel energy producers harms Texas’ industries. The move was conducted by the Texas Permanent School Fund (Texas PSF), a sovereign wealth fund and pension fund established in the 19th century to support the […]
03/22/2024
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By Kevin Hughes
Gold industry insider Chris Olson discusses the RISE in gold and silver prices with Mike Adams
Story at a glance: (summary by “Neo” LLM via Brighteon.AI) – Gold and silver prices have recently surged, with gold briefly hitting $2,180 before settling at $2,178. (UPDATE: Now over $2200 per ounce.) – Chris Olson, CEO of Treasure Island Coins and Precious Metals, attributes the price movement to a convergence of factors, including interest […]
03/22/2024
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By Richard Brown
JOBS CRISIS: Almost 107 million Americans are not in the labor force
The economy’s current state has left many perplexed as widespread mass layoffs by large employers are occurring nationwide, creating significant challenges for job seekers. Despite these economic hurdles, the administration of President Joe Biden and mainstream media maintain an optimistic narrative, asserting that the unemployment rate is low and everything is under control. The recent […]
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