marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
finance riot
07/12/2024
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By News Editors
The nationwide 500,000 EV charger charade
The word charade has several meanings, and including an act or event that is clearly false (Cambridge Dictionary), something done just for show (Vocabulary.com), or a situation in which people pretend that something is true when it clearly is not (Oxford Leaner’s Dictionary). (Article by Geoffrey Pohanka republished from AMGreatness.com) The charade I refers to […]
07/11/2024
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By Arsenio Toledo
Health insurance companies overcharged Medicare by over $50 BILLION for fake illnesses
A report from the Wall Street Journal has found that private health insurance companies running Medicare Advantage programs have overcharged the federal government by up to $50 billion by claiming that their patients are worse off than they actually were. Medicare Advantage, also known as Medicare Part C, is a program in which private insurers provide […]
07/11/2024
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By Cassie B.
Saudi Arabia threatened to sell European debts if G7 confiscates Russian assets
Saudi Arabia threatened to sell off some of its European debt holdings earlier this year if the G7 went forward with rumored plans to seize nearly $300 billion in Russian assets it had frozen. One source who was aware of the discussions described it to Bloomberg as a “veiled threat,” while two sources said that […]
07/09/2024
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By Richard Brown
NATO aiming to provide Ukraine 40 billion euros annually
Members of the North Atlantic Treaty Organization (NATO) are aiming to provide Ukraine with at least €40 billion ($43.3 billion) a year in military aid. Despite initial enthusiasm, several member states have found it politically and legally difficult to commit to a specific amount for several years. Instead, according to Bloomberg, the 32 members of […]
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 […]
07/03/2024
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By Laura Harris
United States announces new $2.3 billion military aid package for Ukraine
Defense Secretary Lloyd Austin has announced that the United States will provide an additional $2.3 billion in military assistance to Ukraine. The aid package, sourced from the approved $60 billion supplemental military aid bill in Congress in April, will supply more air defense interceptors, anti-tank weapons and other munitions from U.S. military inventories. The funds will be used […]
07/02/2024
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By Belle Carter
Rep. Massie: Trump has proposed eliminating the income tax and replacing it with tariffs
Former President Donald Trump has proposed eliminating the income tax and replacing it with an “all-tariff” policy on imports, according to a Republican lawmaker. Kentucky Rep. Thomas Massie disclosed this in a post on X, citing a private meeting Trump had with GOP lawmakers at the Capitol Hill Club last month. “Most intriguing policy idea […]
06/26/2024
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By News Editors
Retirement nightmare – Hordes of retired Americans may need to go back to work just to survive
The Social Security program was instituted to help elderly Americans thrive during their retirement years. Unfortunately, millions upon millions of retired Americans are finding that their monthly Social Security payments are simply not enough as the cost of living spirals out of control. One recent survey found that a whopping 85 percent of U.S. adults now consider […]
06/25/2024
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By Belle Carter
U.S. Treasury puts Japan back on currency manipulator watchlist for potential foreign exchange malpractices
The United States Department of the Treasury recently announced that it has once again put Japan on a list of major trading partners that it monitors for potentially unfair foreign exchange practices. Japan had been absent from the watchlist since June 2023. Currency manipulation is an effort to tinker with the value of a nation’s currency about […]
06/24/2024
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By Ethan Huff
If China’s economy collapses – and it sure looks like it’s going to – the entire global economy will go with it
The world’s second-largest economy “is teetering on the brink of disaster,” according to Business Insider (BI). That economy is China’s, which is showing major signs of an impending collapse with numerous market-shaking events in recent days. So far this spring, Beijing has: – Canceled initial public offerings (IPOs) – Fined tech companies billions for antitrust […]
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