marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
government debt
06/30/2023
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By Olivia Cook
New report reveals how $200B in COVID-19 relief aid was STOLEN
A federal watchdog’s investigation strongly suggests that more than $200 billion in taxpayer dollars may have been stolen from two large Wuhan coronavirus (COVID-19) relief initiatives. This is according to the inspector general of the Small Business Administration (SBA) and represents a much greater loss through fraud than the office’s previous projections and underscores the vulnerability […]
06/29/2023
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By Ethan Huff
MONEY PIT: Thieves stole more than $200 BILLION in Covid-19 aid, federal watchdog group now says
The United States Small Business Administration (SBA) has released new data showing that both the Paycheck Protection Program (PPP) and the COVID-19 Economic Injury Disaster Loan program were heavily abused by fraudsters, particularly at the start of the Wuhan coronavirus (Covid-19) “pandemic.” The SBA inspector general released a report revealing that “at least 17 percent […]
06/21/2023
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By Belle Carter
National debt hits record-high $32 trillion two weeks after suspension of debt ceiling
The United States’ gross national debt hit a record-breaking $32 trillion on Friday, June 16, less than two weeks after President Joe Biden signed into law the suspension of debt ceiling. According to the nation’s treasury data, the national debt is currently at $32.03 trillion. The Congressional Budget Office estimates the country’s deficit for the […]
06/15/2023
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By Ethan Huff
Core inflation still running HOT with consumer prices up 4% despite Fed manipulation
Prices on consumer goods are still going up, though at a slightly less rate than in previous months. The Labor Department announced this week that the consumer price index (CPI), which measures what consumers pay for goods and services, rose four percent last month compared to the same month a year prior. Compared with March, […]
06/14/2023
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By Cassie B.
U.S. budget deficit climbs in May amid big government spending and falling revenue
Government income has dropped this year, pushing the federal deficit deeper into the red than expected. New data shows the budget deficit climbed in May against a backdrop of falling federal revenues and rising Medicare spending. The Monthly Treasury Statement showed a May shortfall of $240 billion, which is a full $66 billion over last […]
06/14/2023
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By Ethan Huff
‘The Great Grift’: New AP investigation reveals stunning scope of COVID fraud
The fraud that underpinned the Wuhan coronavirus (Covid-19) “pandemic” runs so deep that even the Associated Press (AP) now admits that the entire things was a great grift against the American people and the world. In fact, the AP entitled its new investigation into covid fraud “The Great Grift,” highlighting how the Federal Reserve funneled […]
06/13/2023
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By Belle Carter
Calm before the storm: Treasury bills to flood market following sealed debt-ceiling deal
Following the signed debt ceiling deal, investors are preparing for a massive flood of more than $1 trillion Treasury bills that could ignite a new round of volatility and threaten the current calm in the market. As per JPMorgan analysts, Wall Street traders fear that the roughly $850 billion in bond issuance was shelved until a […]
06/08/2023
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By Kevin Hughes
Lawfare with Tom Renz: There is nothing good about debt ceiling deal between Biden and McCarthy – Brighteon.TV
There is nothing good about the debt ceiling deal between President Joe Biden and House Speaker Kevin McCarthy, lawyer Thomas “Tom” Renz said during the May 30 episode of “Lawfare with Tom Renz” on Brighteon.TV. The Ohio-based attorney and founder of Renz Law noted that Americans are now looking at cuts in projected growth. Inflation in the United […]
06/01/2023
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By Zoey Sky
5 Tips on how to shield your finances from debt default
President Joe Biden doesn’t have a lot of time left to stop America from defaulting on its debts for the first time in history, a move that could trigger financial chaos for American households. At the same time, negotiations are ongoing between the White House and Congressional Republicans as they deliberate raising the U.S. government’s $31.4 trillion […]
05/26/2023
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By JD Heyes
Newt Gingrich says a debt default on Biden’s watch will end his 2024 reelection bid
Former House Speaker Newt Gingrich (R-Ga.) told Fox News’ Sean Hannity on Monday that current Speaker Kevin McCarthy (R-Calif.) should stay the course in demanding spending cuts before agreeing to raise the country’s debt ceiling. Earlier this month, the GOP-controlled House voted to pass a measure that did just that – raises the limit but […]
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