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News & Articles By Kevin Hughes
01/26/2023
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By Kevin Hughes
Michael Pento: China’s 3% economic growth in 2022 is QUESTIONABLE
Money manager Michael Pento claimed the three percent economic growth reported by China in 2022 was questionable. During a recent interview on the “Liberty and Finance” podcast, Pento expressed his doubts about the matter to host Dunagan Kaiser. “I don’t believe anything that comes from this communist state’s mouth. This is not an indictment of the people […]
01/11/2023
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By Kevin Hughes
Crypto lender Genesis Trading cuts workforce by 30% as FTX fallout spreads
Genesis Trading has reduced its workforce by 30 percent as it confronts increasing pressure from creditors and the impending threat of bankruptcy, a person with knowledge of the issue reported. The crypto lending arm of Barry Silbert’s Digital Currency Group (DCG) had already dismissed 20 percent of its labor force aside from replacing its CEO last year. […]
01/11/2023
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By Kevin Hughes
Economists predict US economy to enter RECESSION in 2023
Two-thirds of leading economists from the U.S.’s biggest financial institutions predict an economic recession in 2023, according to a survey by the Wall Street Journal (WSJ). The survey that polled 23 principal economists alongside other pundits from Barclays, Bank of America, TD Securities and UBS Group outlined the warning signs of an incoming recession. Decreasing […]
12/26/2022
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By Kevin Hughes
Financial expert Andy Schectman says 2023 will be the year of the BRICS
The year 2023 is going to be the year of the BRICS, according to renowned financial industry analyst Andy Schectman. BRICS is an acronym for Brazil, Russia, India, China and South Africa. “I look at 2023 as the year of the BRICS. I really, truly do. I think you’re going to see an acceleration of all […]
12/13/2022
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By Kevin Hughes
Josh Sigurdson: We are witnessing the controlled collapse of the global economy
People are now witnessing a global economic collapse, according to World Alternative Media (WAM) CEO Josh Sigurdson. “We are witnessing the controlled collapse of the global economy. As we have been for quite some time, we are seeing more and more developments come out that show us that we are on the brink of something historic,” […]
11/29/2022
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By Kevin Hughes
New Zealand’s central bank hikes interest rates by 75 basis points
The central bank of New Zealand on Wednesday, November 23, increased interest rates by 75 basis points (bps) to a near 14-year high of 4.25 percent. An earlier poll by Reuters showed that 15 of 23 economists have predicted the Reserve Bank of New Zealand (RBNZ) to do exactly that. Economists are now expecting the Official Cash […]
11/21/2022
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By Kevin Hughes
Poland’s central bank predicts double-digit inflation until 2024
The National Bank of Poland (NBP) has predicted that the Central European nation will be saddled with high inflation for the next two years. According to the NBP, yearly inflation will hit 14.5 percent in 2022 and drop to 13.1 percent in 2023. Single-digit rates will only begin by 2024, when the country’s inflation is […]
11/18/2022
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By Kevin Hughes
Crypto Nostradamus John Perez: Cryptocurrency scam is THE SCAM of the century
For Crypto Nostradamus John Perez, the cryptocurrency scam is the scam of the century. “They are all playing games, sucking money out and moving it. And the crypto scam is literally the scam of the century because it just makes every other scam. But the crypto ecosystem, in my opinion, is gone. It is dead […]
11/18/2022
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By Kevin Hughes
Travelers blast PRICE GOUGING by airline companies as airfare prices jump 43%
Travelers took to social media to decry overcharging by airline companies as travel fares went up by more than 40 percent over the past year. The Daily Mail reported that several travelers blasted airlines for exorbitant air fare. One traveler deemed the current rate “unacceptable,” while another slammed “atrocious” airlines for charging high prices to people who simply […]
11/17/2022
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By Kevin Hughes
FTX founder Sam Bankman-Fried puts up Bahamas penthouse for sale at $40M
Sam Bankman-Fried, the founder of beleaguered cryptocurrency exchange company FTX, has put up his penthouse in the Bahamas for sale with a $40 million price tag. According to a report by Semafor, the 12,000 square-foot residence located in the Albany luxury resort community was recently listed for sale. While the realtor in charge refused to […]
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