marketcrash
bitcoincrash
pensions
nationaldebt
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risk
debtcollapse
market crash
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 […]
12/05/2024
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By Cassie B.
U.S. pension systems are on the verge of debt collapse
Pension systems throughout the U.S. are falling deeper into what experts term “pension debt paralysis,” even in the face of record-setting contributions from state and local governments. The city of Milwaukee was recently given a grade of D by Truth in Accounting for its financial position due to its pension system’s huge net liability of […]
12/04/2024
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By News Editors
The looming debt crisis: Is America following the path of collapsed empires?
Debt can topple even the most powerful empires. (Article by Nick Giambruno republished from InternationalMan.com) Whether it’s Rome, Spain, France, Britain, or the Soviet Union, excessive debt has played a critical role in their decline. The typical pattern in these examples of collapsing empires is: Stage #1: Empires achieve success and become overconfident. Stage #2: Overconfidence leads […]
11/26/2024
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By News Editors
With or without tariffs, the USD is a Ponzi
With soaring deficits, soaring debt, and interest payments that can only be made by issuing a debt-based currency on which even more interest will be due, the USD can only possibly be described as an elaborate nation-state level bankster Ponzi scheme. (Article republished from SchiffGold.com) Dollars are backed by debt, which requires infinite economic growth to […]
11/15/2024
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By News Editors
Biden’s economic time bomb: A warning to Trump
The insane neo-Keynesian policies implemented by the Biden-Harris administration have created persistent inflation and record levels of debt with two objectives: to bloat Gross Domestic Product and jobs with public spending and government jobs. (Article republished from Mises.org) The United States’ insane inflation is solely due to out-of-control spending and currency printing. Corporations, wars, or supply chains […]
10/31/2024
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By News Editors
Fourth Turning election igniting a firestorm
How many times have you heard this is the most important election of our lifetimes in the last few weeks? When Strauss & Howe published The Fourth Turning in 1997, the national debt was $5.4 trillion, and the country was running an annual deficit of $22 billion. We now add $22 billion of debt every 4 days, amounting to […]
10/30/2024
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By News Editors
Economic treason
No matter who “wins” the next presidential election, the economy is not going to survive. Perhaps the whole banking system will fail, sparking hyperinflation like that of the Zimbabwean sort. (Article republished from TLDavis.Substack.com) People tend to shrug their shoulders or wag their heads at one trillion dollars of debt service, because they know there’s […]
10/14/2024
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By Cassie B.
Consumer Price Index rises more than expected as Americans pay more for everything amid ongoing inflation
The latest Consumer Price Index report has just been released, and it showed a higher rise than expected, marking the 52nd straight month of core consumer price rises on a month-over-month basis. The 2.4% increase recorded in September on an annual basis was slightly higher than the 2.3% that was forecast for the index, which […]
08/21/2024
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By Richard Brown
Germany halts new military aid to Ukraine amid budget shortfall
Germany has stopped approving new military aid requests for Ukraine as Berlin grapples with a significant budget shortfall, according to a report by the German newspaper Frankfurter Allgemeine Zeitung (FAZ). The decision, driven by efforts to address the country’s 12 billion euro ($13.34 billion) budget deficit, means that Chancellor Olaf Scholz will no longer approve future military […]
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 […]
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