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News & Articles By JD Heyes
05/17/2022
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By JD Heyes
Recession clouds gathering fast: First-quarter GDP shockingly contracts amid plunges in exports, inventories
The American economy in the age of Joe Biden, the most senile president ever ‘elected,’ continues to suffer collapse, as recessionary clouds are now gathering on the horizon faster than expected. According to reports late last week, the nation’s gross domestic product (GDP) — the measurement of all economic activity combined — unexpectedly and shockingly […]
05/13/2022
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By JD Heyes
Global reset fully underway as 90% of central banks push for digital currency that governments can control
If you’ve been paying any attention at all to the stock market over the past several days, you are aware that stocks have been rapidly declining. Individual retirement accounts have lost hundreds of billions of dollars, if not more, in the blink of an eye as the Biden economy continues to tank and take Americans’ financial […]
04/24/2022
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By JD Heyes
Governments on road to collapse as global supply chain crisis, inflation worsen; Sri Lanka now suspending foreign debt payments
The supply chain crisis caused by entire countries shutting down for months over a virus that had a 99.5 percent survival rate is now being exacerbated by the war in Ukraine and new lockdowns in some producer countries, and is now causing some countries so much economic stress they are defaulting on their debts. Sri Lanka, […]
04/15/2022
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By JD Heyes
U.S.-dominated global financial system facing collapse as China begins buying Russian coal and oil in yuan, not petrodollars
We have been warning since the beginning of Russia’s invasion of Ukraine that one of the negative long-term effects of imposing massive economic sanctions on Moscow would be the dismantling of the U.S. petrodollar-dominated global financial system, and that is exactly what is happening. Not only is Russia continuing to finance its war in Ukraine, […]
04/11/2022
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By JD Heyes
GOP senator blasts Biden for extending student loan payment moratorium AGAIN, saying it’s “an insult” to responsible Americans
A leading Republican senator is railing on President Joe Biden following reports that his administration is considering yet another moratorium on student loan repayments long after financial hardships caused by the COVID-19 pandemic have passed. Sen. Tom Cotton (R-Ark.) noted on Twitter that the payment freeze is “an insult” to responsible Americans who pay their […]
04/06/2022
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By JD Heyes
IMF official warns Western sanctions on Russia are threatening the dollar as world’s reserve currency
Recently imposed economic and financial sanctions on Russia by the U.S.-led West after Vladimir Putin ordered the invasion of Ukraine are weakening the dominance of the U.S. petrodollar as the world’s reserve currency, according to a ranking International Monetary Fund official. IMF First Deputy Managing Director Gita Gopinath told The Financial Times last week that […]
03/31/2022
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By JD Heyes
More countries set to dump dollar holdings following U.S. “theft” of Russian reserves after Ukraine invasion
The Biden regime’s foreign policy team is filled with amateurs and half-wits whose heads are filled with Ivy League nonsense about how the world is supposed to work, as evidenced by the administration’s response to Russia’s invasion of Ukraine. As part of the regime’s economic sanctions package, the Biden administration seized hundreds of billions in […]
03/29/2022
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By JD Heyes
Russia’s Putin declares an end to Western currencies, says world moving towards “real reserves” including “land, food, gold”
Russian President Vladimir Putin is predicting that the world will move away from the U.S.-dominated financial system after Washington, along with Western governments, seized his country’s currency assets as part of their sanctions for invading Ukraine. In a video posted to social media, Putin blasted the “theft” of Moscow’s resources and mocked the notion that […]
03/28/2022
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By JD Heyes
Australia is rapidly becoming “cashless society” shunning all physical currency
The world continues moving rapidly towards “cashless” societies, shunning physical currency in exchange for an electronic financial system that can literally be turned on and off by governments at will as a means of controlling their people. When the U.S. and the world got off the gold standard in the early 1970s, the move towards […]
03/25/2022
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By JD Heyes
Warning: Trading houses set for collapse as ‘margin call doom loop’ is about to go global
A leading financial expert who predicted earlier this month that one of the world’s biggest independent energy merchants was about to face a capital liquidity crisis of historic margins appears to have been spot-on. As reported by Zero Hedge, Zoltan Pozsar, a former senior adviser in the U.S. Treasury’s Office of Financial Research and currently Credit […]
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