Economy

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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Former Treasury Official Warns: There Will Be “Catastrophic” Consequences U.S. Dollar Loses Status

Economy /

From “shtfplan.com” A former treasury official has warned that there will be “catastrophic” consequences if the United States dollar loses its status as the reserve currency. Former Assistant Secretary for Public Affairs for the U.S. Department of the Treasury Monica Crowley said that if this happens, “there would be a complete implosion of the global

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Going Cashless: EU Is Pushing To Criminalize Use Of Physical Cash

Big Brother Surveillance, Central Bank Digital Currencies, Economy /

From “technocracy.news” As Central Banks assert control while making way for their dystopian Central Bank Digital Currencies, governments are moved to criminalize the use of cash. It’s an incremental squeeze, lowering the levels of permitted transactions. The war on cash is global, making it obvious that this is a key part of flipping the world

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