marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
currency crash
04/07/2023
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By Ethan Huff
Three congressmen introduce bill to once again back dollars with gold
In the lead-up to Easter, three United States congressmen, all Republican, have introduced a bill that would once again back the U.S. dollar with gold rather than nothing. Reps. Alex Mooney (R-W.V.), Andy Biggs (R-Az.), and Paul Gosar (R-Az.) say that HR 2435, also known as the “Gold Standard Restoration Act,” will help to restabilize […]
04/06/2023
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By Ramon Tomey
BYE BYE GREENBACK: India to use RUPEES for international trading
India is now offering its own currency for use in international trading among nations experiencing a shortage of U.S. dollars. According to a report by the Gateway Pundit, the South Asian nation expressed readiness to trade in Indian rupees and has found several other nations willing to do so. The use of the rupee would definitely […]
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 Cassie B.
Social security expected to run out of money by 2033, a year earlier than previous predictions
The Social Security trust funds that pay for the benefits of 67 million Americans are now expected to run out in 2033, a year earlier than previous projections. This is according to the yearly trustees’ report released last week by the Treasury Department. The impending insolvency is largely due to a 3 percent downward revision […]
04/05/2023
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By Ethan Huff
U.S. dollar rapidly losing world reserve currency status; China, Russia (BRICS) to replace it
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, it is game […]
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 […]
04/04/2023
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By Arsenio Toledo
BRICS nations rapidly working to create common currency to counter US dollar’s global hegemony
A Russian official has admitted that BRICS is working to create its own currency to challenge the dominance of the United States dollar and potentially replace its hegemonic position in international trade. BRICS, an international economic alliance of Brazil, Russia, India, China and South Africa, has received a boost in support of its de-dollarization efforts following […]
04/04/2023
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By News Editors
The Dollar is in trouble… Here are 7 signs that global de-dollarization has just shifted into overdrive
For decades, the U.S. dollar was the undisputed king of global currencies, but now dramatic changes are happening. China, Russia, India, Brazil, Saudi Arabia and other nations are making really big moves which will enable them to become much less dependent on the U.S. dollar in the years ahead. This is really bad news for […]
04/03/2023
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By Ramon Tomey
China settles first LNG trade using YUAN – a major blow to the petrodollar
The People’s Republic of China settled its first liquefied natural gas (LNG) trade using the yuan, its own currency – dealing a major blow to the petrodollar. The Shanghai Petroleum and Natural Gas Exchange (SPNGE) confirmed the deal in a March 29 statement sent to Reuters. According to the statement, the trade between the state-owned […]
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, […]
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