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Inflation
04/07/2023
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By Belle Carter
Renowned economist Nouriel Roubini: Trifecta of inflation, recession and banking system collapse driving America into a DOOM LOOP
An esteemed professor and economist pointed out that persistent inflation, the impending economic recession and an imminent insolvency crisis in the banking sector is leading the U.S. into a “doom loop.” Nouriel Roubini, an erstwhile economic advisor to the Clinton administration, outlined his findings in a March 30 commentary titled “The Coming Doom Loop.” His […]
04/07/2023
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By JD Heyes
Get woke, go broke: Bed Bath & Beyond now begging product consignment company to stock its shelves so that stores don’t appear empty
Woke retailer Bed Bath & Beyond was spiraling into the ash bin of history but has gotten a last-minute reprieve — of sorts — that will likely only delay the franchise’s collapse. On Wednesday, the company revealed that it is partnering with Hilco Global to restock its inventory as part of its ongoing efforts to […]
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 […]
04/06/2023
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By Ethan Huff
FINANCIAL COLLAPSE: Once again, Blackstone REIT is limiting investor redemptions
Blackstone, the world’s largest “alternative” asset manager, appears to be going insolvent as it once again, for the second time in the past year, blocks withdrawals from its $70 billion real estate income trust (REIT). Following “a flurry of redemption requests” in excess of the fund’s preset 5 percent net asset value limit for withdrawals, […]
04/05/2023
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By Ethan Huff
PULLING THE PLUG: Another $126 billion pulled by depositors from U.S. banks, Federal Reserve data shows
Public trust in the American banking system continues to plummet as depositors drained another $126 billion from United States banks during the week ending March 22, according to new data from the private Federal Reserve. The largest outflows occurred at big-boy banks, the top 25 of which lost $90 billion on a seasonally adjusted basis. […]
04/05/2023
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By Ethan Huff
The West’s anti-Russian oil embargo is CRUMBLING as nations begin buying fuel directly from Russia above the price cap
The rest of the world has had enough of the West’s bullying of Russia as it concerns the purchase of cheap Russian oil. A United States-led oil embargo against Russia that aimed to stop the import of Russian oil by members of the anti-Russian oil coalition beyond the established Russian crude price cap of $60 […]
04/04/2023
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By Ethan Huff
Pakistan suffering through highest-ever annual inflation; stampedes for food have already killed 16 people
The government statistics bureau of Pakistan announced this week the highest ever jump in prices for food and other goods over the past year, which has created something of a nightmare across the country. Between March 2022 and March 2023, consumer price inflation in Pakistan increased by an astounding 35.37 percent overall, which has led […]
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 Kevin Hughes
Bob Moriarty urges Americans to EDUCATE themselves about the dire state of the western financial system
Financial analyst and author Robert “Bob” Moriarty believes it is time for people to educate themselves about the financial system so they can make the right decisions. “One of the things that I tried to get across to people in interviews is that it’s time for people to educate themselves and make decisions for themselves,” […]
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 […]
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