marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
Wall Street
03/06/2020
/
By JD Heyes
Billionaire investor Ray Dalio warns of “worst-case scenario” with Coronavirus that could wipe out savings and destroy markets
Billionaire investor, hedge fund manager and founder of one of Bridgewater Associates said in an online post this week that the Wuhan coronavirus (COVID-19) has the potential to become a once-in-a-lifetime pandemic. Worse, he noted, though admitting he’s no virus expert, he believes that if the outbreak becomes a global pandemic and ordinary people with […]
02/29/2020
/
By Ralph Flores
COVID-19 fears send global markets into a tailspin, U.S. stock market closes its worst week in 10 years
The U.S. stock market capped its worst week since the 2008 financial crisis on Friday, with all major stock indexes tanking over worries that COVID-19 could potentially end one of the longest economic expansions in history and send the global economy into recession. The CDC reports 15 confirmed COVID-19 cases in the U.S., as well […]
10/09/2019
/
By Lance D Johnson
The collapse of Wall Street lunacy: WeWork company founded by delusional hype artist may soon have to file for bankruptcy
Nine years ago, the founder of the WeWork Company promised to “elevate the world’s consciousness.”The delusional hype artist, Adam Neumann, has been abruptly terminated, as the company’s initial public offering continues to implode. The failure of this company is a microcosm of the disaster waiting to happen with Wall Street. With a successful IPO, WeWork […]