marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
finance
05/06/2022
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By News Editors
It’s mid-2022 and the fed has still done nothing to fight inflation
It was last August when Jerome Powell began to admit that inflation just might be a problem. But even then, he was only willing to say that inflation would likely be “moderately” above the arbitrary 2 percent inflation standard. Back in August, low inflation—not high inflation—was still perceived to be the “problem.” But things had certainly changed […]
05/05/2022
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By News Editors
Uber reports surging revenue as drivers return, but posts massive loss on investments
Uber on Wednesday reported surging revenue during the first quarter as the ride-hailing company said it’s recovering from its coronavirus lows and wouldn’t have to put up “significant” investments to keep drivers on the platform. (Article by Jessica Bursztynsky republished from CNBC.com) But it also reported a $5.9 billion loss during the period that was largely attributed to the revaluation of […]
05/05/2022
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By Ramon Tomey
“Buy now, pay later” schemes touted by influencers burying Gen Z deeper in debt
Social media influencers on TikTok have been touting “buy now, pay later” (BNPL) schemes for the supposed convenience when it comes to purchasing products and services. However, these installment schemes only serve to bury Generation Z deeper in debt. BNPL apps such as Klarna, Sezzle, Zip, Afterpay and Affirm present themselves as easier and more […]
05/05/2022
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By Mike Adams
The most epic and dangerous economic STORM in history is now upon us
The most epic and dangerous economic storm in history is now upon us… and there’s no way out. The central banks and government kleptocrats have set the trap for themselves, and now they’re caught with no escape. Yesterday the Fed just raised interest rates by 50 basis points (0.5%) in an effort to stem the […]
05/04/2022
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By JD Heyes
Foreclosures have already begun to surge amid economy-destroying Fed rate hikes
The Biden regime’s intent to destroy the powerhouse economy that President Donald Trump built in just four short years actually began when the leftist deep state pushed him to agree to recommend lockdowns and business closures during the COVID-19 pandemic in 2020, the year the same people were plotting to steal his reelection. And now […]
05/03/2022
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By News Editors
US economy crashes headlong into recession
Is it too extreme to say an annualized GDP growth number of minus 1.4% this quarter puts us in recession in this quarter, and is it too extreme to call that a “crash?” No, it is not in the least extreme, and I’ll tell you why, even though the standard definition of a recession is two consecutive quarters of negative GDP change. (Article […]
05/02/2022
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By JD Heyes
The Fed is destroying the home mortgage industry as rate hikes due to ‘Bidenflation’ lead to 70 percent reduction in lending
There is a reason why our founders abhorred a strong federal government with its own bank: Allowing centralized control over the country’s financial system would lead to greed, ineptitude, and disaster. The Federal Reserve either refused to step in ahead of time or did not see the 2007 housing and financial collapse coming — either […]
05/01/2022
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By News Editors
Gold demand surges in first quarter
Gold demand surged to kick off the year, up 34% year-on-year in the first quarter of 2022. Total demand came in at 1,234 tons in Q1. That was the highest quarterly demand since Q4 2018, according to the World Gold Council’s Gold Demand Trends report. Demand in the first quarter of this year was 19% […]
04/27/2022
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By Arsenio Toledo
Stocks of shipping companies plummet as supply chain crisis worsens
Stocks of major shipping companies fell sharply on Monday, April 25, even as Wall Street’s main stock indexes closed on a high note. Many of them sank by double digits. Shipping stocks have long been regarded as good investments. For the past two years, shipping firms have seen massive – often record – growth and […]
04/27/2022
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By Arsenio Toledo
Chinese stock indexes CRASH as investor confidence drops due to resurgence of punishing lockdowns
Chinese stock markets plummet as investors become increasingly concerned over the resurgence of Wuhan coronavirus (COVID-19) lockdowns. The “zero-COVID” strategy imposed upon the entirety of the country by the Chinese Communist Party (CCP) has been a total failure. Not only have cases continued to surge in Shanghai, but more infections are also being detected all […]
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