marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
financial crash
02/10/2023
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By Arsenio Toledo
China is replacing its US Treasury holdings with GOLD
China is accelerating its selling of United States Treasury securities and replacing its holdings with more gold. Since 2008, the communist nation has been one of the largest foreign holders of U.S. Treasuries. It started selling off its U.S. Treasuries slowly in 2018, right around the same time when the country started buying more gold. […]
02/06/2023
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By Arsenio Toledo
Credit card debt SURGES to record-high $930.6 billion and will keep increasing due to inflation, interest rates
The amount of credit card debt owed by Americans jumped by 18.5 percent, hitting a record-high of $930.6 billion – and this is expected to climb even higher as American consumers continue to deal with nflation and rising interest rates. “Whether it’s shopping for a new car or buying eggs in the grocery store, consumers continue to […]
01/19/2023
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By Arsenio Toledo
Bank of America experiences disruption in online transactions, customers report funds missing from accounts
Bank of America recently experienced significant disruptions in online transactions conducted via the payment service Zelle. Many customers reported delays and funds missing from their accounts, including funds from Zelle deposits and transactions. The website DownDetector, which monitors the online statuses of websites, noted that Bank of America started experiencing problems around 1:40 a.m. on […]
01/11/2023
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By Arsenio Toledo
Coinbase announces second mass layoff – 20% of workers to lose jobs
Coinbase is once again slashing its workforce in response to the ongoing downturn in the cryptocurrency industry. The publicly traded cryptocurrency exchange announced that it is planning to reduce its headcount by around 950 employees as part of the company’s restructuring effort that it expects to be completed by the end of the second quarter of […]
01/10/2023
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By Arsenio Toledo
HYPOCRISY: Federal Reserve warns banks against using crypto while planning to develop its own digital currency
The Federal Reserve along with other federal agencies have issued a joint statement warning banks against using cryptocurrencies just as the Fed is deliberating over possibly issuing a central bank digital currency (CBDC) in the United States. The Fed was joined in its statement by the Federal Deposit Insurance Corporation (FDIC) and the Office of […]
01/06/2023
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By Arsenio Toledo
IMF trying to bribe Egypt away from BRICS with new loans
The International Monetary Fund (IMF) has approved a more than $3 billion loan allegedly to support Egypt’s ailing economy. But many experts note that the timing of this massive bailout is suspect because of Egypt’s recent moves to join the China- and Russia-aligned BRICS economic union. In the past year, Egypt has been hit exceptionally hard […]
01/06/2023
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By Belle Carter
Gold prices soar to 6-month high, widely expected to go higher in coming months
Prices of gold soared to a six-month high in the early hours of Tuesday, Jan. 3, according to trading data. CNBC reported that the precious metal’s cost peaked just below $1,850 per troy ounce before easing off to trade around $1,838. U.S. gold futures were up one percent at $1,844.10. Analysts believe the rally will continue throughout the year. The news portal also cited […]
12/22/2022
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By Arsenio Toledo
Gregory Mannarino: Central banks are about to issue even more debt to make society more dependent on them
Finance and central bank expert Gregory Mannarino has warned that the world’s central banks are about to issue more debt, putting larger chunks of society under their control. “Central banks are not ready yet to pull the plug,” said Mannarino. “There is not enough people yet fully 100 percent dependent on their system.” These central […]
12/22/2022
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By Arsenio Toledo
Amazon becomes first company ever to lose $1 trillion in market value
Amazon just lost $1 trillion in market cap value, the largest loss in market value ever recorded by any publicly traded company. In July 2021, the company had a market value of a near-record breaking close of $1.88 trillion. But the tech giant’s shares dropped 4.3 percent in value in November, lowering the company’s market […]
12/20/2022
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By Arsenio Toledo
Investors are leaving the cryptocurrency industry en masse as collapse continues
More investors are leaving the cryptocurrency industry as the values of crypto assets continue their freefall. Cryptocurrency fund asset managers saw their investors withdraw $20 billion worth of assets from the crypto industry in November. This accounts for nearly 15 percent of total crypto assets under management (AUM), bringing the collective AUM of crypto fund […]
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