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News & Articles By JD Heyes
04/12/2023
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By JD Heyes
Euro bank chief admits central bank digital currency will be used to control populations
While Western liberals continually talk about ‘democracy’ and freedom, they work tirelessly behind the scenes to implement ways to control their populations, such as with the coming development and implementation of central bank cryptocurrencies. “A widely shared video of European Central Bank President Christine Lagarde admitting that a digital euro will be used in a […]
04/12/2023
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By JD Heyes
A tsunami of debt worth more than $1.5 trillion coming due for commercial property owners
Borrowers in the US commercial real estate market face a significant challenge as nearly $1.5 trillion of debt comes due for repayment by the end of 2025, leading to a couple of big questions: Who will be willing to lend to them? And what will interest rates be by then? “Refinancing risks are front and center” for […]
04/09/2023
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By JD Heyes
Texas legislation would create new digital currency backed by gold
The Lone Star State is preparing to take yet another step to ensure Texans have a stable future as the U.S. economy continues to crater under the current Biden regime and the spend-a-holics on both sides of the aisle in Congress. Proposed bills in the Texas House and Senate aim to establish a state-issued, gold-backed […]
04/07/2023
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By JD Heyes
Get woke, go broke: Bed Bath & Beyond now begging product consignment company to stock its shelves so that stores don’t appear empty
Woke retailer Bed Bath & Beyond was spiraling into the ash bin of history but has gotten a last-minute reprieve — of sorts — that will likely only delay the franchise’s collapse. On Wednesday, the company revealed that it is partnering with Hilco Global to restock its inventory as part of its ongoing efforts to […]
03/30/2023
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By JD Heyes
Whistleblowers say Credit Suisse has been helping wealthy U.S. clients dodge taxes for years
UBS Group, which recently acquired the collapsed Swiss bank Credit Suisse in a last-minute bailout, may encounter a new set of legal and regulatory issues as a result of the acquisition. According to two former Credit Suisse bankers who are now serving as whistleblowers for the U.S. government, the bank has offered a secure environment […]
03/28/2023
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By JD Heyes
Govt. agency files complaint against crypto exchange Binance, alleging compliance violations
On Monday, the Commodity Futures and Trading Commission filed a complaint in an Illinois federal court against Binance, its co-founder Changpeng Zhao, and its former chief compliance officer Samuel Lim, alleging that Binance solicited U.S. users and undermined its own “ineffective compliance program.” As reported by CNBC, the filing has the potential to disrupt the exchange’s operations and […]
03/28/2023
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By JD Heyes
State financial officials demand JPMorgan Chase end woke banking practices that are leading to collapses
A group of fourteen state financial officers wrote a letter to the CEO of JPMorgan Chase, urging the company to discontinue what appears to be “politically motivated” de-banking practices against certain industries, individuals, and groups. The letter comes on the heels of institutions like Silicon Valley Bank collapsing in recent weeks after taking up “woke” […]
03/27/2023
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By JD Heyes
Analysis claims that covering all lost deposits in failed banks will only hasten dollar collapse
A new analysis published this week takes a different look at government bank deposit insurance that goes beyond covering the $250,000 limit imposed by the Federal Deposit Insurance Corporation, or FDIC, that will involve tens of billions of taxpayer dollars. Tyler Durden at Zero Hedge noted on Thursday: “As Simon White writes today, ‘a full guarantee of […]
03/26/2023
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By JD Heyes
Shares of Deutsch Bank tumble after cost of ensuring its default spikes as global financial meltdown continues
The global financial meltdown, once again triggered by woke leftists in the U.S. who made ideologically based investments at their banks, is continuing to spread. On Friday, Deutsche Bank shares experienced a decline after a surge in credit default swaps the night before, as worries over the stability of European banks continued. The stock, which […]
03/23/2023
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By JD Heyes
Credit Suisse merger with USB could destroy Western bond market after bank zeroed out BILLIONS in bonds
Global financial fallout from the collapse of large banks in the U.S. continues, according to a series of reports this week. According to analysts cited by Bloomberg on Monday, the proposed merger between Switzerland’s two largest lenders, Credit Suisse and UBS, could have an adverse effect on the entire Western bond market, Russia Today reported. On […]
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