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News & Articles By News Editors
04/11/2023
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By News Editors
CBDC will be used for ‘control,’ ECB president admits in vid chat with fake Zelensky
A widely shared video of European Central Bank President Christine Lagarde admitting that a digital euro will be used in a “limited” way to control the payments that people can make was taken from a three-week-old prank video. (Article by Luke Huigsloot republished from CoinTelegraph.com) The video was highlighted by the breaking news account Watcher […]
04/07/2023
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By News Editors
Global bankruptcy already baked in
Scrape away the complexity and every economic crisis and crash boils down to the precarious asymmetry between collateral and the debt secured by that collateral collapsing. (Article by Charles Hugh Smith republished from DailyReckoning.com) It’s really that simple. In eras of easy credit, both creditworthy and marginal borrowers are suddenly able to borrow more. This flood of new […]
04/06/2023
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By News Editors
Trifecta of inflation, recession, and banking insolvency leading to a ‘doom loop’: Economist
Decades-high persistent inflation combined with increasing risks of an economic recession and an imminent insolvency crisis in the banking sector have resulted in a “trilemma” facing central banks, including the U.S. Federal Reserve, warns top economist Nouriel Roubini. (Article by Naveen Athrappully republished from TheEpochTimes.com) “Unable to fight inflation and provide liquidity support simultaneously, the […]
04/04/2023
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By News Editors
The Dollar is in trouble… Here are 7 signs that global de-dollarization has just shifted into overdrive
For decades, the U.S. dollar was the undisputed king of global currencies, but now dramatic changes are happening. China, Russia, India, Brazil, Saudi Arabia and other nations are making really big moves which will enable them to become much less dependent on the U.S. dollar in the years ahead. This is really bad news for […]
04/03/2023
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By News Editors
The death of the Dollar is coming sooner than expected – when it happens expect bank runs and closures, food scarcity, riots, high unemployment, and hyper-inflation
The U.S. dollar’s stint as the world’s reserve currency is coming to an end. It is not a matter of if, but of when, as no world currency stays that was forever. (Article by Susan Duclos republished from AllNewsPipeline.com) The Dollar is no longer backed by gold and its value is eroding. Debt, currency devaluation, […]
03/30/2023
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By News Editors
De-dollarization just got real
Since the 1970s it’s been virtually impossible for a country to function without access to US dollars. And Washington maintained this highly-favorable status quo by putting various kinds of pressure — from sanctions to election theft to outright invasion — on anyone who stepped out of line. (Article by John Rubino republished from Rubino.Substack.com) This […]
03/29/2023
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By News Editors
Get woke, go broke: Twitch streaming service to sack 36% of employees
The collapse of the woke tech industry continues to accelerate this month with numerous companies announcing major layoffs and some of them on the verge of bankruptcy. (Article by Tyler Durden republished from ZeroHedge.com) The culture of ESG status, which is rooted in far-left identity politics, climate change hysteria and the World Economic Forum’s concept of […]
03/27/2023
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By News Editors
This nuclear bomb ready to drop on America and the world’s economy cannot be solved: Why the derivatives time bomb is a financial weapon of mass destruction the FED cannot fix
Derivatives. Not much being said lately on them but a lot has been said on bank failures of as late. I do not understand why not, they are directly related. In math a derivative of a function is, in the most simple terms, “the rate of change of the function’s output relative to its input value”. Easy enough, […]
03/24/2023
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By News Editors
Feds using banking crisis to usher in central bank digital currency, experts warn
A week-and-a-half after the second-largest bank failure in American history ignited uncertainty throughout the global economy, experts warn bank failures and the stabilization measures taken by the Federal Reserve and Wall Street are creating even greater bank consolidation — and might further pave the way for a central bank digital currency (CBDC). (Article by Brenda Baletti, Ph.D. republished […]
03/23/2023
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By News Editors
Many companies are already on their second round of mass layoffs
We haven’t seen a tsunami of layoffs like this since the Great Recession. According to Challenger, Gray & Christmas, the number of job cuts announced in January and February was 427 percent higher than during the same period in 2022. Unfortunately, the mass layoffs have just continued to roll on here in March. If corporate executives believed […]
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