shtf
populationcollapse
debtcollapse
starvation
disaster
chaos
foodcollapse
economics
01/20/2023
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By Arsenio Toledo
Logistics company Ryder to fire 801 employees in Austin due to “customer’s changing needs”
American transportation and logistics giant Ryder System Inc, commonly known as Ryder, has announced that it will be laying off 801 employees after the company lost work at a factory in Austin, Texas. A total of 801 Ryder employees at the Applied Material site, a semiconductor plant in Austin, will lose their jobs. Applied Materials […]
01/11/2023
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By JD Heyes
Biden’s economy: After two years of Democratic economic policies, major companies continue to shed employees
The economy created by former President Donald Trump and, with some minor assistance, a GOP-controlled Congress (when the establishment RINOs weren’t fighting him as hard as Democrats) was top-notch, growing, and working for the vast majority of Americans. Then, along came February 2020, a presidential election year, and a Chinese-created virus that created a global […]
01/10/2023
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By Mike Adams
A job-destroying economic vortex has just been unleashed: Large-scale layoffs will accelerate through 2023, impoverishing millions
Just as we predicted last year, a wave of layoffs has already begun in early 2023 with large workforce reductions announced across crypto, finance, real estate, transportation and Big Tech. Just today, crypto exchange giant Coinbase announced it’s cutting 20% of its workforce (about 950 positions) due to the FTX fallout that’s already ensnaring Gemini […]
12/16/2022
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By Arsenio Toledo
Federal Reserve once again raises interest rates, Fed chair warns of more rate hikes next year
Federal Reserve Chair Jerome Powell warned that the central bank will continue raising interest rates next year just as it raised its benchmark interest rate to the highest level in 15 years. Powell claimed that if the Fed does not continue raising interest rates in 2023, Americans will have to pay a higher cost as […]
12/01/2022
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By Arsenio Toledo
Tech layoffs nearing levels not seen since the Great Recession
The number of people fired from Big Tech companies this year is nearing annual levels not seen since the Great Recession. The worsening economic situation in the United States has made Big Tech companies turn to mass layoffs as a way of making sure their profit margins remain stable. In November alone, more than 50,000 workers […]
12/01/2022
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By Arsenio Toledo
IMF chief wants the Federal Reserve to keep raising interest rates
International Monetary Fund Managing Director Kristalina Georgieva has told the Federal Reserve that it should not slow down its interest rate hikes, which the central bank is doing in its mistaken belief that it will tame soaring inflation. This is in response to a recent statement made by Fed Chair Jerome Powell saying the Fed […]
12/01/2022
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By Arsenio Toledo
Chaos in China: Rushed exit from zero-COVID strategy could COLLAPSE Chinese economy
The Chinese Communist Party (CCP) is currently struggling to deal with nationwide protests over its Wuhan coronavirus (COVID-19) lockdown policies. This tumult has caused the country’s economy to drop, with Goldman Sachs warning that a rushed exit from its zero-COVID strategy could spell doom for the Asian giant. The current protest wave in China was […]
11/27/2022
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By Arsenio Toledo
Union representing 36,000 railroad workers REJECTS White House-brokered deal, increasing risk of a December strike
One of the United States’ largest railroad labor unions has voted down a tentative agreement with rail management, raising the likelihood of a strike occurring by December. A strike could cause chaos as essential supplies become stranded along the rails. The Transportation Division of the International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART-TD) […]
11/24/2022
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By Belle Carter
PLUMMET: Maritime, rail and trucking demand DROPS sharply from pandemic era peak
Container imports, rail intermodal shipments and truckload demand have dropped sharply from their lofty peaks during the Wuhan coronavirus (COVID-19) pandemic era. The Inbound Ocean TEUs Index (IOTI), which measures container import bookings, is currently just six percent higher than in November 2019, after averaging 80 percent above pre-pandemic levels through most of 2021. Loaded […]
11/15/2022
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By Arsenio Toledo
US-EU price cap on Russian oil threatens India’s crude imports and economic growth
India is about to lose its access to Russian oil exports if the United States and its European allies push through with a plan to force Russia to only sell crude oil at a capped price while under sanctions. In 2021, India imported 214 million metric tons (235.9 million tons) of crude oil, making it […]
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