marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
recession
01/27/2023
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By JD Heyes
Tech sector collapse continues in Bidenflation economy as Google latest to announce thousands of layoffs
The technology sector under Joe Biden’s inflationary economy continues to downsize rapidly, and it doesn’t look like it’s going to rebound any time soon, with Google becoming the latest to announce massive layoffs. The division of Alphabet announced this week that the company would be laying off 12,000 people, many of them in senior positions […]
01/06/2023
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By Ethan Huff
Most major banks agree: 2023 spells BIG TROUBLE for the U.S. economy
Things are about to get really ugly – as if the world was not already in really, really bad shape – for the United States economy. The vast majority of economists at 23 of the nation’s largest financial institutions told The Wall Street Journal in a recent poll that the ongoing recession – which is […]
01/06/2023
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By Belle Carter
Gold prices soar to 6-month high, widely expected to go higher in coming months
Prices of gold soared to a six-month high in the early hours of Tuesday, Jan. 3, according to trading data. CNBC reported that the precious metal’s cost peaked just below $1,850 per troy ounce before easing off to trade around $1,838. U.S. gold futures were up one percent at $1,844.10. Analysts believe the rally will continue throughout the year. The news portal also cited […]
12/29/2022
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By Belle Carter
Economists: Over $31 trillion national debt could lead to slow-moving economic demise
The Department of the Treasury announced in October that the national debt blew past $31 trillion. Analysts say this is due to years of fiscal splurging and heightened by the Wuhan coronavirus (COVID-19) pandemic. Some economists are worried that it could lead to a slow-moving economic demise. (Related: US national debt hits $31 TRILLION for the first time.) […]
12/13/2022
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By Ethan Huff
Recession unlike any other is imminent, says BlackRock: “what worked in the past won’t work now”
The world’s largest asset manager is warning that a recession is now an inevitability and that the tools utilized in the past will not work this time to save the economy. Central banks, says BlackRock, will not be able to support the markets and prop them up like happened in 2008 and previously. This time, […]
11/17/2022
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By Arsenio Toledo
FedEx’s freight unit to begin furloughing employees next month due to reduced demand for delivery services
Transportation giant FedEx’s less-than-truckload delivery division, FedEx Freight, has announced that it will start furloughing an unannounced number of drivers starting early December due to the massive drop in demand for delivery services. According to FedEx, the furloughs for FedEx Freight, which employs approximately 47,000 people, are scheduled to last for around 90 days, during […]
11/07/2022
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By JD Heyes
Biden’s economic policies and inflation are tanking tech IPOs like Rivian, Robinhood
At the same time the left-wing lunatics who are running Joe Biden’s regime are attempting to force Americans to accept their green technology by spiking gas and diesel prices, their policies are literally tanking some of the same technology IPOs they need to build their vision of the future. As reported by CNBC, initial IPOs […]
11/04/2022
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By Mary Villareal
America is witnessing the DEMISE of the middle class
Middle class in the United States used to mean that one can afford a decent living standard, such as owning a house and a car, with some savings in the bank. When baby boomers reminisce about the “good old days,” they usually refer to a time when being middle class was normal. However, the American […]
11/03/2022
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By Arsenio Toledo
Global jobs growth expected to deteriorate significantly in months ahead
Growth in employment all over the world will “deteriorate significantly” in the final quarter of 2022, according to the International Labor Organization (ILO) – the United Nations’ (UN) main agency for advancing better working conditions and more job opportunities around the world. The ILO warned that the economic fallout caused by the special military operation in Ukraine and rising […]
10/27/2022
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By Roy Green
Investment banks, CEOs predict recession happening soon as economic index declines further
All signs point to a recession happening soon in the United States. Major investment banks are predicting a major economic decline, while CEOs of the country’s top companies are already bracing for a recession before the end of the year or early next year. (Related: Bloomberg model projection says recession is 100% certain in next 12 […]
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