Economy

Fiscal Insanity: The Government Borrows $6 Billion a Day, and We’re Stuck with the Bill

Economy, Government /

This article was originally published by John W. Whitehead at The Rutherford Institution It has been republished with permission from the author. Please contact the author directly for republishing information. We’re not living the American dream. We’re living a financial nightmare. The U.S. government is funding its existence with a credit card. The government—and that […]

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Project Icebreaker: The Beginning Of A One World Digital Currency System?

Big Brother Surveillance, Central Bank Digital Currencies, Economy /

From “alt-market.us” This article was written by Brandon Smith and originally published at Birch Gold Group There has been extensive discussion in the past couple of years within alternative media circles about the dangers of Central Bank Digital Currencies (CBDCs); a currency framework very similar to blockchain based products like Bitcoin but directly controlled by central

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Walmart cuts another 2,000 warehouse jobs following retail store closure announcement

Economy, Walmart /

This article comes from “citizens.news” Five of Walmart’s e-commerce warehouses are slated to lose another 2,000 jobs, the company announced this week. More than 1,000 people will be let go from a warehouse in Fort Worth, Tex., as will 600 people at a Pennsylvania fulfillment center; 40 people at a Florida warehouse; and 200 people in

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PULLING THE PLUG: Another $126 billion pulled by depositors from U.S. banks, Federal Reserve data shows

Economy /

This article comes from “citizens.news” 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

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U.S. dollar rapidly losing world reserve currency status; China, Russia (BRICS) to replace it

Economy /

This article comes from “citizens.news”  The non-Western world is desperately working to unseat the United States dollar, also known as the Federal Reserve note, from being the chief international reserve currency. Led primarily by Russia and China, efforts to replace the dollar with something else have never been closer to coming to fruition. And once that happens,

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The Banking Crisis: $1.7 Trillion In Unrealized Losses Loom As U.S. Banks Rapidly Bleed Deposits

Economy /

From “theeconomiccollapseblog.com” If our banking system can’t find a way to turn things around, our entire economy will soon be in a world of hurt.  When banks get into trouble, they start getting really tight with their money.  That means fewer mortgages, fewer commercial real estate loans, fewer auto loans and fewer credit cards being

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