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News & Articles By Arsenio Toledo
05/17/2023
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By Arsenio Toledo
US household debt soared to all-time high of $17.05 trillion in Q1 2023, thanks to the Fed’s relentless rate increases
Total American consumer debt hit an all-time high of more than $17 trillion in the first quarter of 2023, according to a report from the Federal Reserve Bank of New York. The total debt across all categories hit $17.05 trillion. This represents a $148 billion increase or 0.9 percent from the previous quarter and a […]
05/17/2023
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By Arsenio Toledo
Birds of the same feather: Vice Media files for bankruptcy and sells off assets to left-wing billionaire George Soros
Vice Media, the parent company of the left-wing mainstream online news outlet VICE News, has finally filed for bankruptcy after suffering years of financial difficulties. Its assets will be sold to a group of companies, including George Soros’ private investment firm. This comes nearly two weeks after reports came out that Vice was considering filing for […]
05/16/2023
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By Arsenio Toledo
Corporate America reports biggest slump in profits in years, a sign that recession may just be months away
While the U.S. is technically not yet in a recession, major Wall Street firms are already experiencing their biggest downturn in profits in seven years. Most, if not all, major companies on Wall Street have already released their first-quarter earnings reports, with the profits of S&P 500 companies estimated to have dropped by 3.7 percent […]
05/12/2023
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By Arsenio Toledo
Iran’s trade with BRICS nations SURGES 14% as it eyes joining bloc and divesting from the dollar
Iran has massively increased its trade with the five nations that make up the BRICS alliance, according to the latest data released by the nation’s customs service. BRICS is comprised of the emerging economies of Brazil, Russia, India, China and South Africa. The alliance accounts for approximately 42 percent of the global population and about […]
05/12/2023
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By Arsenio Toledo
Elon Musk steps down as Twitter CEO, taps WEF globalist vaccine pusher Linda Yaccarino as replacement
Billionaire entrepreneur Elon Musk announced on Thursday, May 1, that he will be stepping down as chief executive officer of Twitter within six weeks. On Friday, May 12, he named globalist WEF participant Linda Yaccarino as his replacement. Musk said he will transition to being the executive chair of Twitter as well as being chief […]
05/10/2023
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By Arsenio Toledo
Home prices DECLINE in 31% of the US, mostly in Democrat-controlled cities where crime and high taxation are rampant
Home prices across the United States have fallen to historic lows, as 31 percent of the nation saw their property values decline dramatically during the first quarter of 2023. During the peak of the housing boom, home prices surged in practically every corner of the country. Now, the housing market is split down the middle – […]
05/09/2023
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By Arsenio Toledo
California’s homeless construct two-mile-long vehicle encampment in San Francisco’s North Bay region
California’s burgeoning homeless population has converted a two-mile strip of road in the North Bay region of San Francisco into a massive vehicle homeless encampment. The encampment, made up of two long lines of RVs, trucks and trailers stretching for nearly two miles, is located near U.S. Route 101 in northern Marin County. (Related: More people are […]
05/09/2023
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By Arsenio Toledo
Number of Americans defaulting on subprime auto loans nearing levels not seen since the Great Recession
The number of people defaulting on their subprime auto loans is nearing levels not seen since the 2008 global financial crisis. This is according to a new report from Florida-based fixed-income asset manager Bramshill Investments. The company’s report noted that inflation and higher interest rates from the Federal Reserve – and as much as 20 […]
05/04/2023
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By Arsenio Toledo
PacWest Bancorp’s shares plummet 58% after reporting it is considering SELLING the bank
Major regional bank PacWest Bancorp saw a huge drop in its shares hours after the bank reported that it was weighing a range of strategic options. PacWest, based out of Beverly Hills, has been working with financial experts and advisers to figure out ways it can avert a potential collapse and evaluate longer-term plans for the business. […]
05/04/2023
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By Arsenio Toledo
BRICS to lay foundation for EXPANSION: 13 Nations formally asked to join group, 6 others expressed interest
Nineteen nations have expressed interest in joining the BRICS group of nations. The bloc of emerging markets and developing economies made up of Brazil, Russia, India, China and South Africa will be meeting in Cape Town in the latter nation from June 2 to 3 to discuss its possible enlargement. “What will be discussed is […]
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