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Inflation
01/19/2024
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By News Editors
Central banks will keep gobbling gold in 2024
The first half of 2023 was a record-breaking moment for central bank gold buying, led by none other than China and Russia. Organizations like the World Gold Council reported a staggering increase compared to 2022: (Article republished from SchiffGold.com) “On a year-to-date basis, central banks have bought an astonishing net 800t, 14% higher than the same period last […]
01/16/2024
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By Cassie B.
Month-over-month U.S. budget deficit rose by 50% in December as financial collapse looms
The U.S. treasury has reported budget deficit information for December, and the situation is so dire that some experts believe a fiscal collapse is inevitable. As the government continues to spend an eye-watering amount of money, it should come as no surprise that total outlays were $559 billion last month, while just $429 billion was […]
01/11/2024
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By Laura Harris
Rasmussen poll: 45% of Americans financially WORSE OFF under Biden compared to a year ago
Forty-five percent of Americans – almost half – believe they are worse off financially under the Biden administration’s economic policies compared to a year ago, according to a recent Rasmussen Reports survey. The survey that was conducted just after the Christmas season polled 1,102 participants. It revealed that 45 percent feel financially strained compared to […]
01/10/2024
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By Ethan Huff
Peter Schiff says 2024 could be “horrible year for the dollar”
In one of his most recent podcasts, American stockbroker and financial commentator Peter Schiff warned that “2024 could be a horrible year for the dollar.” Schiff presented three big reasons why he believes inflation could rise even higher this year than last, one of them being that the private Federal Reserve banking cartel is surrendering […]
01/10/2024
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By Ava Grace
Trump warns of ECONOMIC COLLAPSE worse than the 1929 Great Depression if he loses 2024 election
Former President Donald Trump has warned that the U.S. will suffer an economic collapse worse than the Great Depression of 1929 if he does not win the November 2024 presidential election. He described this grim scenario in a Dec. 30 post on Truth Social. “The economy is terrible and inflation – which by some accounts […]
01/09/2024
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By Ethan Huff
NEW RECORD: U.S. national debt tops $34 trillion as nation accelerates toward financial collapse
For the first time in history, the national debt of the United States has surged over $34 trillion, according to the latest fiscal data published by the Department of the Treasury. On Dec. 29, 2023, the U.S. national debt reached $34,001,493,655,565.38 after one day prior hitting $33,911,227,723,170. In just one day over the holidays, in […]
01/04/2024
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By Cassie B.
Germany’s renewable energy sector “facing the abyss” and leading to widespread economic decline
The German economy is suffering as a result of the country’s shift to renewable energies, with one paper characterizing the move as going from “a boom to crisis.” When inflation and interest rates were lower, the renewable energy industry in Germany may have been booming, but raw materials are becoming more difficult to secure and […]
01/04/2024
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By Laura Harris
Socialists in Argentina PROTEST against Milei’s proposed austerity measures
Socialist activists and workers’ unions in Argentina took to the streets of the capital Buenos Aires to protest against austerity measures proposed by Argentinian President Javier Milei. The protesters gathered in the capital carrying images of iconic socialist figures Che Guevara and Eva Peron. They argued that the push for deregulation under Milei, who took […]
01/03/2024
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By Arsenio Toledo
More people in the U.K. are shoplifting food and selling it on the black market
The United Kingdom’s ongoing cost of living crisis is fueling a surge in shoplifting – and many more Britons are selling the food they steal on the black market. This is according to official data coming from the British Retail Consortium, which showed that retail thefts cost British retailers over a billion pounds ($1.26 billion) […]
12/22/2023
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By Cassie B.
Skyrocketing global debt setting the stage for a cataclysmic financial crisis
The world has racked up record levels of debt, and concerns are growing about the global economy’s ability to continue in the face of high interest rates. Easy money policies in recent years that provided incentives for borrowing money in hopes of stimulating the economy led to record levels of borrowing. While this may have […]
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