marketcrash
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pensions
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debtcollapse
News & Articles By JD Heyes
11/19/2017
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By JD Heyes
Bitcoin zealots suddenly admit it will never work as a universal payment system… now touting “digital gold” myth to try to keep people buying in
The toils and troubles of Bitcoin continue but for some reason, the cryptocurrency’s cultists continue trying to reinvent — or, at a minimum reclassify — a fake monetary system whose value has no ties to anything tangible. Now, some want to rebrand Bitcoin as “digital gold” in another desperate attempt to keep it relevant. As […]
09/21/2017
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By JD Heyes
Is America’s “giant debt factory” Federal Reserve setting us up for an economic nightmare?
In a recently published column Armstrong Williams, conservative author, pundit and one-time advisor and spokesman for HUD Secretary Ben Carson’s 2016 presidential quest, says he believes that the Federal Reserve is nothing more than a “giant debt factory” that is setting the country up for a fiscal disaster. In making his observations, Williams noted that […]
09/14/2017
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By JD Heyes
Goldman Sachs says Bitcoin will correct to $2221 as China crackdown continues
How high — or low — will Bitcoin go? That’s an intense matter of speculation among economists, geopolitical analysts, and of course cryptocurrency speculators and experts, but increasingly, predictions are generally negative. At present, Bitcoin is undergoing incredible growth, having risen 335 percent this year, and gaining more than 15 percent within the past week. […]
07/09/2017
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By JD Heyes
Bankrupt Illinois just body-slammed citizens as legislature approved whopping 32 PERCENT hike in income taxes, but it won’t stop the fiscal COLLAPSE
They say desperate times call for desperate measures, but oftentimes being desperate leads to incredibly bad decisions. And the Democrat-controlled Illinois Legislature just made one. On Thursday the legislature finally passed a budget — its first since 2015 — by overriding Republican Gov. Bruce Rauner’s veto. The governor’s big hang-up with it? The budget proposal […]
06/29/2017
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By JD Heyes
Congressional inaction on Trump agenda costing America 1,000 jobs PER DAY
Voters who supported Donald J. Trump’s plans to “Make agenda great again” are getting short-changed by a Republican-led Congress that has so far largely failed to enact pro-growth legislation that the head of a top conservative think tank says is costing 1,000 jobs a day and billions in economic growth. Edwin J. Feulner, president of […]
06/27/2017
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By JD Heyes
Will the next Great Recession be caused by massive debt collapse in China?
On the surface, it looks as though things in China, with the world’s No. 2 economy, are doing just fine, financially. Everywhere in major cities there is new construction. The country’s exports are healthy. Less Chinese are poor today than at just about any time in the country’s long history. But things are about ready […]
06/21/2017
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By JD Heyes
Charles Hugh Smith explains the “supernova model of financial collapse” that’s now imminent across our debt-infested world
Once upon a time governments actually had to be fiscally responsible, spending no more than they took in. Expenditures had to match revenues, in other words; when the money ran out, that was all there was. But somewhere along the line — some say it all changed at the Bretton Woods summit that occurred towards […]
06/19/2017
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By JD Heyes
Several states set to collapse under crushing weight of bankrupt pensions: Will Illinois become the first?
For years Natural News founder/editor Mike Adams, the Health Ranger, has been warning Americans that many of the nation’s public sector pensions are underfunded by hundreds of billions of dollars and are on a course to collapse. In 2013, Adams warned police officers, firefighters, teachers and others who work for government entities that unless funding […]
06/04/2017
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By JD Heyes
The world is drowning in debt… here’s why it will IMPLODE across the UK, USA and China in the near future
The United States, after eight years of George W. Bush and eight more under Barack Obama, is now sitting at $20 trillion in debt, an amount that is more than 104 percent of our country’s annual gross domestic product. That means if we dedicated every single penny to paying that debt off — which of […]
05/27/2017
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By JD Heyes
Mark Zuckerburg just called for a communist economic system where everybody gets a “universal basic income” whether they work or not
One of the biggest hypocrisies never discussed or even mentioned by the disgusting, discredited “mainstream” media is the stark contrast between how uber-wealthy Leftists made their money versus the economic system they seek to impose on the rest of us. Take Facebook founder and billionaire Mark Zuckerberg, who the media continues to take seriously just […]
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