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News & Articles By Tracey Watson
05/29/2020
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By Tracey Watson
The coronavirus crisis has resulted in the worst unemployment spike in American history
President Trump has been pushing hard for some time now for governors to throw away the keys on their states’ lockdowns and get the economy moving – and fast. There can be no doubt that President Trump is under immense pressure to provide financial relief for the American people. His stress levels can certainly not […]
05/27/2020
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By Tracey Watson
JC Penney pays executives millions in “please stay” bonuses, then furloughs thousands of employees
At 114 years old, Hester Ford is believed to be the oldest living person in the United States. But even she was born after JC Penney and his partners opened their first dry goods store in Kemmerer, Wyoming. The JC Penney Company is an institution in the United States, with hundreds of stores across the […]
05/19/2020
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By Tracey Watson
U.S. government poised to approve more coronavirus bailout money … Will the money printing madness ever end?
Close to 3 million Americans filed for unemployment benefits last week. After hitting record highs in early April, the number of claimants has declined steadily over the past six weeks, but the total number of people claiming unemployment as a result of the coronavirus pandemic is still disturbingly high at 36.5 million. Experts warn that […]
05/13/2020
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By Tracey Watson
California becomes the first state to borrow money from the federal government to pay unemployment claims
With millions of Americans filing for unemployment benefits as the COVID-19 pandemic decimates the economy, states have come under increasing pressure to find the money to pay these claims. As reported by CBS Sacramento, California has become the first state to borrow from the federal government to meet these demands, with the Employment Development Department […]
02/21/2020
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By Tracey Watson
Coronavirus poses more than just a global health threat; it could also result in global economic collapse
Whoever came up with the idea of the global village clearly never thought about how a disaster in one part of the village would affect all the other residents. The 2008 global financial crisis is a prime example of why interconnecting the entire planet’s financial health is a seriously bad idea. Depreciation in the subprime […]
07/29/2019
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By Tracey Watson
It’s now obvious: The taxpayers of Illinois will have their incomes confiscated to fund increases for overpaid teachers … GET OUT while you still have your wallet
A month ago, Chicago Mayor Lori Lightfoot insisted that the city’s pension funds were facing bankruptcy and demanded an urgent multi-billion-dollar bailout from the state. Governor J.B. Pritzker disagreed and denied her request, making it safe to assume that the funds continue to face the same serious problems. It came as something of a shock, […]
01/22/2019
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By Tracey Watson
Reminder from Venezuela: Inflation is not a natural disaster; it is a man made catastrophe that’s entirely avoidable
Back in February of 1973, inflation in Venezuela was at a respectable 3.22 percent. Those days are long, long gone, however. According to TradingEconomics.com, consumer prices jumped by a staggering 1.3 million percent in Venezuela over the past year. The country is in an absolute economic freefall which at this point looks completely irreversible. Interestingly, […]
09/18/2018
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By Tracey Watson
40% of retail stores in Venezuela go bankrupt as government mandates massive minimum wage hike that no employer can afford
Just when it seems like things cannot possibly get any worse in Venezuela, they somehow do. A combination of rampant corruption, failed socialist policies, and the 2014 fall in the oil price have already left this formerly wealthy country reeling, pushing it right over the edge financially. At the end of July, Venezuela’s annual inflation […]
09/14/2018
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By Tracey Watson
The crypto bubble has burst: 80% plunge unfolds exactly as Adams warned over a year ago
For over a year, Mike Adams, the Health Ranger and founder/editor of Natural News, warned over and over again that Bitcoin and other cryptocurrencies were nothing but a glorified Ponzi scheme, that those buying into the concept were like “sheep being led to slaughter,” and that the whole thing would end catastrophically. Nonetheless, the lure […]
07/30/2018
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By Tracey Watson
Safe deposit boxes at banks are VANISHING! Remember this when you consider where to store your gold
The allure of gold as the safest means of wealth protection has stood the test of time. No matter what ups and downs the economy might be undergoing, gold has proved its weight as a safe and secure way to weather economic storms. For many people, the safest way to protect their income is to […]
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