shtf
populationcollapse
debtcollapse
starvation
disaster
chaos
foodcollapse
economy
04/07/2023
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By Arsenio Toledo
Recession fears surge as new job creation slows down, jobless claims rise
Investors are once again concerned that the economy of the United States could dip far enough into a recession as recent jobs data shows a slowdown in new job creation and an increase in jobless claims. According to the Department of Labor‘s report, job openings slipped to 9.9 million in February, the lowest since May 2021. This is […]
04/06/2023
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By News Editors
Trifecta of inflation, recession, and banking insolvency leading to a ‘doom loop’: Economist
Decades-high persistent inflation combined with increasing risks of an economic recession and an imminent insolvency crisis in the banking sector have resulted in a “trilemma” facing central banks, including the U.S. Federal Reserve, warns top economist Nouriel Roubini. (Article by Naveen Athrappully republished from TheEpochTimes.com) “Unable to fight inflation and provide liquidity support simultaneously, the […]
04/05/2023
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By Arsenio Toledo
American banks are sitting on a TIME BOMB of $1.7 trillion in unrealized losses
Banks in the United States are sitting on a time bomb of unrealized losses totaling around $1.7 trillion. This is according to a study released on March 13 by the New York University Stern School of Business (NYU Stern) that took a closer look at the unrealized losses banks in the U.S. were likely holding. The study […]
04/05/2023
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By Ethan Huff
McDonald’s “temporarily” shuts down U.S. offices, announces impending layoffs
The world’s most well-known fast-food chain is closing its doors, at least temporarily, while it sizes up which corporate employees will get axed in the coming days. That fast-food chain is McDonald’s, which like many other American corporations is having to trim its human resources amid a collapsing economy. According to reports, McDonald’s is engaging […]
04/04/2023
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By Belle Carter
Top 25 US banks lose $89.7B after withdrawals surge following collapse of SVB and Signature Bank
The United States major banks recently encountered a surge in withdrawals as depositors become increasingly scared of the banking industry’s volatility following the controversial collapse of small- to medium-scale banks, such as the Silicon Valley Bank (SVB) and Signature Bank. According to a report by the Epoch Times, the top 25 U.S. banks lost $89.7 […]
04/03/2023
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By Arsenio Toledo
Social Security reserves draining faster than expected
Social Security’s reserves are being drained at a faster rate, and the benefits it pays out to sustain about 67 million Americans are now set to be depleted in 2034, one year earlier than previously projected. An economic slowdown, persistently high and record-breaking inflation and weaker productivity growth are all contributing to the downturn in Social […]
04/03/2023
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By News Editors
The death of the Dollar is coming sooner than expected – when it happens expect bank runs and closures, food scarcity, riots, high unemployment, and hyper-inflation
The U.S. dollar’s stint as the world’s reserve currency is coming to an end. It is not a matter of if, but of when, as no world currency stays that was forever. (Article by Susan Duclos republished from AllNewsPipeline.com) The Dollar is no longer backed by gold and its value is eroding. Debt, currency devaluation, […]
03/31/2023
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By Ethan Huff
Former Treasury official: If U.S. dollar loses global reserve currency status, there will be a complete economic IMPLOSION
The way things are currently headed, the United States dollar, a fiat currency endlessly printed by the private Federal Reserve banking cartel, is eventually going to lose its status as the world reserve currency. Once that happens, it will be game over for the current global economic order. Former Assistant Secretary for Public Affairs at […]
03/30/2023
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By Belle Carter
Marxist group FAILS to shutter South African economy
South Africans nervously waited for the controversial “national shutdown” organized last March 20 by the radical Marxist Economic Freedom Fighters (EFF). Fortunately, reports confirmed that the opposition party’s attempt to shutter the economy fell way short, with demonstrations attracting limited interest and most major towns and transport links continuing to operate “business as usual.” There were […]
03/29/2023
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By Arsenio Toledo
Disney to begin mass layoff of 7,000 employees this week
The Walt Disney Company announced on Monday, March 27, that it already began letting go of 7,000 of its workers in a mass layoff the company announced earlier this year. Chief Executive Officer Bob Iger said the layoffs are necessary for the company to control costs and create a more “streamlined” business. The job cuts were initially […]
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