marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
economic collapse
12/06/2024
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By News Editors
Europe is again on the brink of financial Armageddon. This time it may not step back
How they laughed when Britain’s hard-won reputation for pragmatic and stable government descended into chaos in the aftermath of the vote for Brexit. (Article by Jeremy Warner republished from Telegraph.co.uk) How they gloated and delighted in saying “told you so” when Liz Truss threw caution to the wind and in an act of breath-taking recklessness […]
11/25/2024
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By Ava Grace
Credit card debt hits record $1.17 trillion, New York Fed research shows
Household debt in the United States grew by another $147 billion over the third quarter of 2024, with credit card debt being one of the leading drivers of the new debt. This is according to the Quarterly Report on Household Debt and Credit from the Federal Reserve Bank of New York’s Center for Microeconomic Data, […]
11/05/2024
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By Cassie B.
America’s current economic problems pose a big challenge for the next president (Trump)
Economic experts are warning that whoever ends up winning the election will face an uphill battle when it comes to the American economy, and many of the solutions both candidates have put forth to address issues plaguing the economy could end up causing unintended problems. Right now, many Americans are unhappy with the state of […]
08/20/2024
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By Arsenio Toledo
Fitch downgrades Israel’s credit rating as investors worry about war in Gaza dragging on
American financial services and credit ratings agency Fitch has once again downgraded Israel’s credit rating, bringing the country down from “A-plus” to “A” on Aug. 12, citing increased geopolitical risks as the conflict in Gaza drags on and fears of Tel Aviv escalating tensions with Iran, Lebanon and Yemen increase. Fitch is keeping its outlook […]
08/15/2024
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By Richard Brown
Fitch downgrades Israel’s credit rating amid prolonged Gaza conflict
Credit rating agency Fitch downgraded Israel’s credit rating from “A+” down to “A” on Monday, Aug. 12, citing ongoing challenges related to the country’s military conflict. Fitch also maintained a negative outlook on Israel’s future credit rating, suggesting that further downgrades could occur if the situation deteriorates. The downgrade reflects the significant impact of the […]
08/05/2024
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By Ethan Huff
German economy in DEATH SPIRAL after failed “green economic miracle” escapades
Things are not looking good for Germany under the leadership of far-left “green” lunatics like Chancellor Olaf Scholz who promised a “green economic miracle” that never arrived. In the months leading up to the country’s election season this fall, Germany’s debt level reached a new all-time high of €2.45 trillion at the end of 2023, […]
08/01/2024
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By News Editors
This is what the final stages of a bubble economy look like just before a collapse happens
How does it feel to be living on the edge of a bubble just before it bursts? Ever since the days of the Great Recession, our leaders have been going to extremes that we have never seen before as they attempt to keep our failing economy propped up. The Federal Reserve has created trillions upon […]
07/19/2024
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By Kevin Hughes
Saudi Arabia’s Vision 2030 economic revival plan strains the kingdom’s finances amid delays, budget cuts and a growing government deficit
Crown Prince Mohammed bin Salman introduced Vision 2030 – his blueprint for a life after oil – eight years ago. Now, the economic revival project has strained the kingdom’s finances amid delays, budget cuts and the government’s growing deficit. With the government’s budget in deficit for six consecutive quarters, Saudi Arabia has become the largest issuer […]
07/16/2024
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By Laura Harris
Report: Almost half of welfare recipients in Germany are MIGRANTS
A new report reveals that almost half of welfare recipients in Germany are migrants, causing more harm than good to the country. According to Modernity News, Germany relies on mass migration to support its gross domestic product levels and fund pensions. But instead of pensioners, Berlin gives more money to foreigners instead of native German […]
07/05/2024
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By Richard Brown
BIDENOMICS claims another victim: Retail store chain Bob’s Stores to close down all locations by July 14
Bob’s Stores, a retailer specializing in athletic and casual clothing across six states, is closing all its locations. The chain currently has “Going Out Of Business” sales that offer customers massive discounts of between 30 to 70 percent off, and the company’s website is no longer operational. Shoppers can find reduced prices on top national […]
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