marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
recession
05/03/2022
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By News Editors
US economy crashes headlong into recession
Is it too extreme to say an annualized GDP growth number of minus 1.4% this quarter puts us in recession in this quarter, and is it too extreme to call that a “crash?” No, it is not in the least extreme, and I’ll tell you why, even though the standard definition of a recession is two consecutive quarters of negative GDP change. (Article […]
04/19/2022
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By Mary Villareal
Biden’s approval rating at its lowest; Americans pessimistic about inflation and the economy
President Joe Biden’s approval rating falls at a new low, standing at only 33 percent among American adults, based on a Quinnipiac University poll released on April 13. This is the second time that Biden has been rated this low, with the first time occurring in January. Biden is seen in a drastically different light depending […]
04/01/2022
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By Ramon Tomey
Biden’s proposed TAX HIKES will lead to RECESSION, financial planner Carlos Cortez Jr. warns
Carlos Cortez Jr., the founder and president of Clearwater, Florida-based Cortez Wealth Management, joined former TruNews host Lauren Witzke to discuss the effects of President Joe Biden’s tax hikes in a recent episode of “The Stew Peters Show.” Cortez predicted two possible scenarios that both have recessions as their endgame. “Either [the Federal Reserve] continues to raise […]
01/27/2022
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By Arsenio Toledo
The next stock market crash is already on its way, and America could lose $35 trillion in the collapse
Financial experts, including some who accurately predicted previous crashes, see the current tumult in the stock market as a sign of a coming massive crash, the likes of which history has never seen before and could result in America losing $35 trillion in wealth. One of the people predicting the coming crash is author and economic analyst […]
10/15/2021
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By Nolan Barton
COVID-19 lockdowns magnify strain on global supply chain
To understand why supply chains are broken, you need to understand what broke them. The short explanation: lockdowns. Of course, the Wuhan coronavirus (COVID-19) pandemic is the root cause. But the collective reaction of governments around the world has more to do with it than the disease itself. Many countries responded to the pandemic by imposing […]
09/14/2021
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By Mary Villareal
The Federal Reserve hides price inflation, but why?
Federal Reserve Chairman Jerome J. Powell says that he supports “tapering” toward the end of the year, adding that interest rate hikes are a long way off. By tapering, he means that the central bank should reduce its monthly purchases of bonds and slow down the monthly increase in the quantity of money. Even with […]
10/01/2020
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By Ramon Tomey
Almost three-quarters of all U.S. hotels to lay off employees due to coronavirus pandemic
The hospitality industry in the U.S. has been reeling from the effects of the coronavirus pandemic, with hotels furloughing their staff – if not laying them off. In fact, 74 percent of hotels would be forced to lay off more employees if the federal government does not help them tide over. A study released by […]
06/15/2020
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By Franz Walker
Coronavirus recession will hurt low-income and emerging market economies for years
As the world starts to recoup its losses over the economic carnage brought on by measures to stop the Wuhan coronavirus (COVID-19), it’s becoming clear that recovery will not be easy. A new study from the World Bank states that low-income and emerging market economies will remain deeply damaged five years after the pandemic. The ongoing coronavirus pandemic has already […]
06/12/2020
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By Franz Walker
PLANNED DESTRUCTION: Coronavirus lockdowns eliminated African American employment gains from the past decade
Efforts to stall the spread of the Wuhan coronavirus (COVID-19) not only brought the economy to a halt, but they also ended what had been the best African American job market on record. The decadelong economic expansion brought with one of the most promising economies for African Americans in recent memory. Not only did their unemployment reach […]
04/02/2020
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By JD Heyes
Jobless claims in the U.S. hit 6.6 million… prepare for the “Great Depression” of the 2020s thanks to massive coronavirus layoffs
To say that the employment situation in America is bad and getting worse is probably the understatement of the year. After mayors and governors have shut down most of their cities and states around the country, ordering businesses deemed “non-essential” to close their doors in an effort to help contain the Wuhan coronavirus, most rational […]
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