marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
dollar demise
12/13/2024
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By Willow Tohi
Unsustainable: Yellen resigns, leaving behind over $36 TRILLION in debt — the highest in U.S. history
– The federal deficit has reached unsustainable levels, with the U.S. national debt surpassing $36 trillion, largely due to reckless fiscal policies under the Biden administration. – Treasury Secretary Janet Yellen acknowledged concerns over the lack of progress in reducing the deficit, admitting that the deficit needs to be brought down amid rising interest rates. […]
12/12/2024
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By Willow Tohi
Shocking fiscal irresponsibility: Biden administration presides over worst deficit in U.S. history
– Record-Breaking Budget Deficit: In the first two months of fiscal 2025, the U.S. government recorded a $624.21 billion budget deficit, marking the worst start to a fiscal year on record, with November alone seeing a $367 billion deficit. – Surge in Government Spending: A 14% increase in government spending, particularly in health care, defense, […]
12/12/2024
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By Willow Tohi
China resumes gold purchases, sparking market rally and shaping global gold dynamics
China Resumes Gold Purchases: The People’s Bank of China (PBOC) restarted gold buying in November after a six-month pause, sparking a surge in gold prices to two-week highs. Catalyst for Price Surge: The resumption of Chinese gold purchases, following an 18-month buying streak, acted as a key driver for the recent price jump, breaking a […]
12/09/2024
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By Ethan Huff
China responds to Trump threat of 100% tariffs on goods from BRICS countries by expanding relationship with its dollar-busting allies
The economic relationship between Russia and China is strengthening after President-elect Donald Trump threatened Beijing with “100% tariffs” should the communist state join the other BRICS nations in developing a trading alternative to the U.S. dollar. Chinese Foreign Ministry Spokesman Lin Jian responded to Trump’s threat this week by indicating that China plans to work […]
12/09/2024
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By Ethan Huff
Western attempts at crippling Russia’s economy with sanctions have FAILED, warns Putin
Russian President Vladimir Putin is laughing at the West with its failed attempts to cripple Moscow with sanctions. The only thing those sanctions have done, Putin said this week at the plenary session of the VTB “Russia is Calling!” Investment Forum, is strengthen Russia, whose businesses are “adapting and thriving,” to quote one media report, […]
12/06/2024
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By Ethan Huff
New BRICS banking system will render Western sanctions on Russia USELESS
Former chancellor of Exchequer (British revenue collector) Lord Lamont of Lerwick is warning the world that if BRICS creates its own separate banking system separate from the U.S. dollar, all Western sanctions against Russia and its allies will be rendered completely useless. With growing talk about the BRICS countries – Russia, China, India, Brazil and […]
12/06/2024
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By Kevin Hughes
Mike Adams: The West has LOST ITS HEGEMONIC RULE over the world
According to the Health Ranger Mike Adams, the West led by America has lost its hegemonic rule over of the world. “The West has already lost its position as the hegemonic rulers of the world, and this is why the West is fighting so hard in Ukraine,” he said during a recent edition of the […]
12/06/2024
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By Ethan Huff
HALF of all U.S. states going BANKRUPT, financial report finds
The future of America hangs in the balance as the country’s financial state is not exactly strong. A recent report from Truth in Accounting has revealed that 27 states across America, more than half, ended fiscal year 2023 with a deficit, meaning they did not have enough money on hand to cover their financial obligations. […]
12/05/2024
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By Ethan Huff
Trump fires warning shot at BRICS, threatens “100% tariffs” if China, Russia develop U.S. dollar alternative currency
On Truth Social this week, President-elect Trump fired warning shots at the BRICS alliance, which is threatening to create an alternative to “the mighty U.S. dollar,” as Trump called it. With Russia and President Putin leading the way, BRICS is feverishly working to offload all dependence on the U.S. dollar, which is more honestly called […]
12/04/2024
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By News Editors
The looming debt crisis: Is America following the path of collapsed empires?
Debt can topple even the most powerful empires. (Article by Nick Giambruno republished from InternationalMan.com) Whether it’s Rome, Spain, France, Britain, or the Soviet Union, excessive debt has played a critical role in their decline. The typical pattern in these examples of collapsing empires is: Stage #1: Empires achieve success and become overconfident. Stage #2: Overconfidence leads […]
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