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03/06/2020
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By JD Heyes
Billionaire investor Ray Dalio warns of “worst-case scenario” with Coronavirus that could wipe out savings and destroy markets
Billionaire investor, hedge fund manager and founder of one of Bridgewater Associates said in an online post this week that the Wuhan coronavirus (COVID-19) has the potential to become a once-in-a-lifetime pandemic. Worse, he noted, though admitting he’s no virus expert, he believes that if the outbreak becomes a global pandemic and ordinary people with […]
03/03/2020
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By JD Heyes
World Bank “pandemic bonds” may explain why the WHO has yet to declare the coronavirus a “pandemic” … even as it spreads to over 60 countries
Even as the first American dies of the Wuhan coronavirus and the first U.S. state declares an emergency to prepare for what a much wider outbreak, the U.S. government has yet to declare a “pandemic,” but there could be significant financial reasons for that. As reported by MintPress News, there’s “a little-known specialized bond” that was […]
10/28/2019
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By Ethan Huff
Failed “WeWork” fiasco turns into “We Don’t Work” as thousands of employees get the axe (while the delusional founder walks away with over a billion)
Co-working giant WeWork is reportedly suffering massive financial losses that are expected to result in the termination of some 4,000 employees over the next few months. Meanwhile, WeWork CEO Adam Neumann is walking away from the company with a cool $1.2 billion in his pocket to add to his personal fortune. How is this possible, […]
04/09/2019
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By News Editors
Here we go again: Tech bubble 2.0 but “this time it’s different”
The doses of Delusionol(tm) required to believe “this time it’s different” are becoming dangerous. Here we go again, another tech bubble is expanding like a supernova and the financial media is declaring (as it does during every bubble) “this time it’s different.” File Tech Bubble 2.0 under memories are getting shorter or this time is never different: (Article by […]
08/22/2018
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By Ethan Huff
Cryptocurrency plunge continues as the late-2017 bubble takes them all down, including Bitcoin
The total value of all cryptocurrencies currently in circulation has fallen below $200 billion for the first time since November 2017, according to new reports. As the crypto bloodbath continues, investor forecasts are looking dimmer by the day, as a shocking 98 of the top 100 cryptos have reportedly lost value – some with no […]
02/01/2018
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By Ethan Huff
Bitcoin prices artificially pumped up by Bitfinix “Tether” fraud?
Cryptocurrency woes seem to be on the rise as more and more online exchanges come under fire for what some say are questionable business practices. The latest one to land in the regulatory crosshairs is Bitfinex, a cryptocurrency exchange that’s being accused of artificially propping up the price of Bitcoin through the issuance of its […]
06/02/2017
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By Amy Goodrich
The five tech stocks that are ridiculously overvalued and will IMPLODE in the next dot com bubble crash
According to some strategists, the technology sector remains the best-performing sector but it may soon begin showing signs of weakness as several heavyweight stocks disproportionately lead the pack, CNBC reported. Are we heading towards a new “dotcom bubble” that will make tech investments a risky business? The surge of investments in technology-based companies in the 1990s […]
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