marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
economy
05/26/2022
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By Arsenio Toledo
Collapse incoming: Fed to raise interest rates more than the market initially anticipated
The Federal Reserve is expected to raise interest rates far higher than what earlier pronouncements claimed, increasing the likelihood of a slowdown and the collapse of the American economy. In the most recent meeting of the Federal Open Market Committee (FOMC) held early this month, monetary policymakers in attendance all agreed on the need to […]
05/25/2022
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By Mary Villareal
Canada’s inflation rate reaches 31-year high; spike in grocery prices highest since 1981
Canadians who are living on government benefits are being forced to live with less as food prices soar. Canada’s inflation rate is at 6.8 percent, the highest in 31 years. Grocery prices rose 10 percent year over year, the highest spike since 1981. Stephen Jones, 56, said that by the end of the month and before […]
05/24/2022
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By Cassie B.
Subprime borrowers are increasingly missing credit card and loan payments in the face of record inflation
America’s healthiest consumer lending environment on record appears to be coming to a close as consumers with low credit scores are falling behind on their payments for personal loans, credit cards and car loans in droves. The credit reporting firm Equifax reports that the share of subprime credit cards and personal loans whose payments are […]
05/24/2022
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By News Editors
Miami’s mayor backed MiamiCoin crypto – then its price dropped 95%
On Feb. 2, the city of Miami cashed out its cryptocurrency MiamiCoin for the first time, depositing $5.25 million into city coffers. Miami mayor Francis Suarez hailed it as a “historic moment” and predicted the cryptocurrency could one day even replace municipal taxes as the government’s primary source of funding. (Article by Scott Nover & Camille Squires republished from […]
05/20/2022
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By Mary Villareal
EU committing economic suicide by imposing sanctions on Russia
Members of the European Union (EU) have found themselves in a precarious position by joining the U.S. in its proxy war against Russia. An observer noted that European countries are imposing more sanctions on Russia for purely political reasons and with the U.S. applying just enough pressure. Saying no to Russian energy will mean that […]
05/19/2022
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By Arsenio Toledo
Bank of England governor warns of coming “apocalyptic” global food shortage
The governor of the Bank of England is warning the people of the United Kingdom to prepare for an “apocalyptic” global food shortage, adding that Britain’s central bank is helpless in the face of surging inflation. Speaking to legislators in the House of Commons Treasury Select Committee on Monday, May 16, Bank of England Gov. Andrew […]
05/19/2022
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By Arsenio Toledo
The biggest economic crash America will ever experience is coming, warn multiple financial experts
Leading American financial analysts and experts are predicting that the economy is headed for the biggest crash in history. Multiple prominent businessmen and entrepreneurs are predicting that an economic crash is on the horizon and that it will be bigger than any other economic collapse America has ever experienced. On Wall Street, a leading financial […]
05/17/2022
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By Arsenio Toledo
Record-high diesel prices affecting US-Mexico trade, leading to more inflation
Truckers continue to struggle as diesel prices in the United States hit record levels. On Thursday, May 12, the average price of diesel in the U.S. hit a record-high of $5.62 a gallon, an increase of nearly 20 cents from a week ago. This also represents an increase of more than $1.50 a gallon from roughly two […]
05/17/2022
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By Arsenio Toledo
David Morgan warns: Dollar crash looms as cryptocurrency collapse shocks speculators
As cryptocurrency continues to collapse, other investments are soon to follow, leading to the inevitable crash of the American dollar. Now is the perfect time for people to invest in precious metals like gold. This is according to financial analyst and precious metals expert David Morgan, who talked about the “everything sell-off” on an episode […]
05/17/2022
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By News Editors
Settling wreckage from the past
Settling wreckage from the past with realities of the present can be difficult and painful. If you do the crime. You must do the time. (Article by MN Gordon republished from EconomicPrism.com) When it comes to financial markets and the economy, this can take many forms. Some of the most common include bankruptcy, shuttered businesses, and […]
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