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News & Articles By Ethan Huff
07/13/2022
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By Ethan Huff
3AC crypto founders flee as multiple crypto Ponzi schemes collapse
Three Arrows Capital (3AC) founders Zhu Su and Kyle Davies are nowhere to be found following the demise of the fraudulent company. As we reported, 3AC failed to repay a loan on 15,250 bitcoins. And now that investors are trying to recoup their investments, the location of 3AC’s top dogs is “currently unknown.” According to […]
07/12/2022
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By Ethan Huff
ALL railroad freight to potentially halt on July 18 due to national “labor strike”
Everything that moves by train in this country could be stopped in its tracks come July 18. Unless the nation’s largest railroads come to some kind of agreement concerning their labor contracts, thousands of rail workers are slated to walk off the job in protest. If that happens, there will be no more animal feed […]
07/08/2022
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By Ethan Huff
First FOOD goes, then the ECONOMY: Radical changes in the agriculture sector compounded by pandemic tyranny responsible for Sri Lanka’s demise
Every excuse under the sun is creeping out of the woodwork in an attempt to explain away why the global economy is unraveling. In Sri Lanka, where the economy has basically already collapsed, the latest excuse blames a government plan that sought to clean up the nation’s agriculture system. Back in 2021, a law was […]
07/01/2022
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By Ethan Huff
Failure of critical processing equipment causes force majeure declaration at Westlake on chlorine and all grades of caustic plastic soda
The Westlake Corporation, which manufacturers chemical and plastic products, just declared a force majeure on chlorine and all grades of caustic plastic soda throughout its entire United States system. The news sent the company’s stock price tumbling to its lowest level in more than three months, with the company saying in a statement that its […]
07/01/2022
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By Ethan Huff
The Ponzi NFT market is collapsing as people realize that stupid images of cartoon rocks are never going to have intrinsic value
Since reaching its peak late last summer, the market for non-fungible tokens (NFTs) has cratered. Images that were worth (supposedly) thousands or even millions of dollars are now being pushed for a tiny fraction of that with no buyers. It seems that NFTs, at least in their current use applications, are mostly a bust. Much […]
06/29/2022
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By Ethan Huff
CRYPTO CONTAGION: Three Arrows Capital defaults after failing to make required payment on loan of 15,250 bitcoins
Voyager Digital LLC just issued a notice of default to Three Arrows Capital (3AC) after the latter failed to make the required payments on a loan of 15,250 bitcoins (BTC) and $350 million of USD Coin (USDC). Another domino to fall in the cryptocurrency collapse contagion, 3AC will now have to work with Voyager’s advisors […]
06/28/2022
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By Ethan Huff
Putin says BRICS countries are establishing new global reserve currency to replace U.S. dollar
Brazil, Russia, India, China and South Africa (BRICS) are all working together right now to establish a new global reserve currency, says Russian President Vladimir Putin. The United States dollar, a fiat Ponzi scheme that has ruled the world for far too long, is on its last legs. And Putin, speaking at the recent BRICS […]
06/27/2022
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By Ethan Huff
Germany moves to “stage two” of emergency gas plan, citing high risk of long-term energy shortages
Since Germany is refusing to pay for Russian natural gas imports in rubles as requested by President Vladimir Putin, the country now faces long-term supply shortages that threaten to cripple its economy. Economy Minister Robert Habeck announced that Germany will move to “stage two” of its emergency gas plan at the current time, which comes […]
06/23/2022
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By Ethan Huff
Biden asks Congress to suspend federal gas tax for 90 days – WHY NOT PERMANENTLY?
Fake “president” Joe Biden stumbled through a speech this week calling on Congress to immediately suspend the federal gas tax for the next three months, which will shave 18 cents per gallon off the cost of automobile fuel. Just days after Treasury Secretary Janet Yellen proposed the very same thing, Biden made an appearance to […]
06/21/2022
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By Ethan Huff
Fertilizer giant CF Industries shutters UK production plant due to rising energy costs, seeks financial restructuring
A major fertilizer producer in Great Britain is shutting down production due to excessively high natural gas feedstock costs. CF Fertilizers U.K. Limited, a subsidiary of CF Industries Holdings Inc., had previously announced a suspension of operations back in the fall, and is now seeking to financially restructure itself entirely amid the changing global economy […]
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