marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
dollar demise
09/22/2023
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By Belle Carter
Public NUMBS as government DEBT BOMB explodes to $33T, annual budget DEFICIT approaches $2T
The United States gross national debt just exceeded $33 trillion on Friday, September 15, three months after the federal government’s debt eclipsed $32 trillion in June. Additionally, the budget deficit is on track to reach $2 trillion in the current fiscal year. As per financial experts, Americans seemed to have become desensitized to these figures […]
09/11/2023
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By Belle Carter
City of Birmingham declares bankruptcy, shuts down nonessential spending after being hit with $950 million equal pay claims
The local government body of Birmingham, the U.K.’s second-largest city, effectively declared bankruptcy on Sept. 5 because it no longer has enough money to pay the £760 million ($954 million) equal pay claims it owes to female government employees who were paid less than men in the past. Birmingham City Council, which provides services for […]
09/11/2023
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By News Editors
Peter Schiff: Fed money magicians running out of rabbits
Most people think everything is fine. The Fed is getting inflation under control and soon they’ll be able to cut interest rates, keeping the economy from falling into a deep recession. In his podcast, Peter Schiff poured cold water on this narrative. He explains why the Fed won’t be able to repeat the magic it […]
09/04/2023
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By Ethan Huff
Some U.S. states likely to launch their own CURRENCY as financial COLLAPSE looms: WATCH as Ed Dowd describes the approaching scenario
It is highly unlikely that the United States government will be able to effectively roll out its planned central bank digital currency (CBDC) because in order to maintain it and keep it functional, there needs to be plenty of workers to maintain it – except those workers are either too sick to continue working or […]
08/30/2023
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By Ethan Huff
BRICS nations jolt global economy, start trading oil in RUPEES rather than dollars
While the United States obsesses about things like mutilating children’s genitals as the economy enters a freefall collapse, members of the BRICS (Brazil, Russia, India, China, and South Africa) alliance are starting to trade oil using currencies other than the petrodollar. Just the other day, in fact, India reportedly purchased an order of oil using […]
08/13/2023
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By Kevin Hughes
America is on a collision course for a debt disaster, warns author Robert Kiyosaki
The United States is approaching disaster with its increasing national debt, according to well-known author Robert Kiyosaki. Kiyosaki made the statement during a guest appearance in a recent episode of the “Decentralize TV” show hosted by Mike Adams and Todd Pitner on the Brighteon.com channel. Adams kicked off the discussion with Kiyosaki by asking the […]
07/31/2023
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By Arsenio Toledo
DUMPING DEBT: Nearly two dozen countries, including many US allies, are dumping their US Treasury bond holdings
Major holders of United States Treasury bonds are selling off American debt at an alarming rate. Even the two major holders of U.S. Treasuries – Japan and China – are starting to sell off their holdings. China began its long process of selling off its massive U.S. debt holdings in June 2019, when it was […]
07/31/2023
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By Ethan Huff
The international monetary system will COLLAPSE, warns James Rickards – it’s not a matter of IF but WHEN
Financial expert James G. Rickards is sounding the alarm about the impending collapse of the international monetary system. A lawyer and investment banker with 50 years of experience in monetary economics, Rickards says “we’re at war,” this being the title of a new piece he wrote about the falling house of cards known as global […]
07/21/2023
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By Ethan Huff
IMF hints that countries will soon be able to repay debt using Chinese YUAN currency
Following Argentina’s recent debt repayment in the Chinese yuan, the International Monetary Fund (IMF) has hinted that it may soon accept the yuan from all countries that need to settle their debt obligations. IMF spokesperson Julie Kozack confirmed that Argentina paid off $1.1 billion of its $2.7 billion debt using the yuan, and that it […]
07/19/2023
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By Arsenio Toledo
Move over USD: Argentina uses Chinese yuan to settle IMF debt
The International Monetary Fund has accepted Argentina’s recent payment of $1.1 billion of its debt to the organization in the form of Chinese yuan rather than United States dollars. IMF spokesperson Julie Kozack confirmed on Thursday, July 13, that Argentina paid the IMF in Chinese yuan worth the equivalent of $1.1 billion, with a further […]
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