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News & Articles By Kevin Hughes
10/21/2022
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By Kevin Hughes
German health minister: Hospitals in Germany are facing bankruptcy due to rising energy prices, inflation
Several hospitals in Germany are on the verge of bankruptcy because of the rising energy prices and inflation, according to German Health Minister Karl Lauterbach. He warned that more hospitals will soon follow unless the federal government comes up with some form of compensation. “If we do not react quickly and really drastically, there will be […]
09/30/2022
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By Kevin Hughes
Bank of America: US unemployment will climb to 5.6% by end of 2023
Unemployment in the U.S. will rise to 5.6 percent by the end of 2023, warned Bank of America (BofA). Its prediction followed Federal Reserve officials who expressed belief that the central bank’s interest rate target will approach five percent next year. A research note from BofA’s U.S. economics team headed by chief economist Michael Gapen […]
09/30/2022
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By Kevin Hughes
US retailers CANCELING orders worth billions of dollars before the holidays as consumer demand plummets
Major retailers in the U.S., such as Walmart and Target, are canceling billions of dollars in orders ahead of the holiday season. Last year’s holiday season saw the global supply chain being unable to meet the demand. A different issue is shaping up this year. Journalist Michael Snyder pointed out that “all of a sudden, […]
07/25/2022
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By Kevin Hughes
Bill Holter: The fourth Industrial Revolution is designed to depopulate the world
For precious metals expert Bill Holter, the Fourth Industrial Revolution is not just an artificial intelligence or AI takeover – it is designed to depopulate the world. “This Fourth Industrial Revolution as I perceive it is that AI is going to take over. There will be less need for human capital. So there is a depopulation […]
06/08/2022
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By Kevin Hughes
BardsFM host Scott Kesterson: Americans will witness complete and total collapse of the economic system – Brighteon.TV
“BardsFM” host Scott Kesterson warned his viewers that a complete and total collapse of the economic system is coming soon. “We are in a place right now of constant and steady decline. We have seen what is going on right now around us. And eventually, we will witness a complete and total collapse of our system. […]
05/09/2022
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By Kevin Hughes
Treasury Secretary Janet Yellen admits Biden’s spending spree is affecting inflation
United States Treasury Secretary Janet Yellen recently admitted that President Joe Biden’s $1.9 trillion American Rescue Plan did play a role in inflation. The former head of the Federal Reserve told the Wall Street Journal editor-in-chief Matt Murray that the White House’s huge spending has contributed to the current inflationary environment, but quickly added that it was “justified” because of […]
03/29/2022
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By Kevin Hughes
BlackRock CEO: Conflict in Ukraine marks end of globalization
BlackRock CEO Larry Fink said that the conflict in Ukraine marks the end of globalization as governments and businesses sever ties with Russia. BlackRock, the world’s biggest asset manager, is a leading provider of investment, advisory and risk management solutions. “The Russian invasion of Ukraine has put an end to the globalization we have experienced over […]
02/15/2022
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By Kevin Hughes
Inflation is officially up 7.5 percent from last year, highest annual increase since 1982
The Department of Labor announced Thursday, February 10, that inflation in January rose 7.5 percent compared to the same month last year, the highest since February 1982 which was 7.6 percent. The year-over-year rate or “annualized rate” in December 2021 was 7.1 percent. The number surpassed economists’ prediction that consumer prices in January would increase to […]
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