U.S. Gasoline Prices Rise To 5-Month High
Spread the loveU.S. gasoline prices rose for the third week in a row, rising $.076 per gallon from a week ago to $3.65 per gallon yesterday, new GasBuddy data showed,…
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De-Dollarization Is Happening at a Stunning Pace
Spread the loveThe dollar is losing its reserve status at a faster pace than generally accepted as many analysts have failed to account for last year’s wild exchange rate moves,…
Bankruptcy Filings Escalate Across USA
Spread the loveBankruptcy filings across the United States rose for the third straight month in March in all major industries. A total of 42,368 new bankruptcies were filed last month, according…
Global corporate defaults highest since the pandemic in 2020
Spread the loveMore companies around the world defaulted on their debt in the first three months of this year than in any quarter since late 2020, when businesses were still…
Massive Layoffs Starting: Ernst & Young to Cut 3,000 US Jobs After Shelving Bid to Break Up Firm
Spread the loveErnst & Young said Monday that it would eliminate roughly 3,000 jobs from its US workforce as it pivots to address shifts in demand and “overcapacity” in sections…
Commercial Real Estate Crash: Giant D.C. Office Building Default On $161 Million Debt
Spread the loveWith recent stress in the regional banking sector, sentiment in US commercial real estate (CRE) – and especially the office sector – has turned negative as investors prepare…
Dr. Corsi Featured as Panelist in Project Sentinel Discussion on Eminent Domain
Dr. Jerome Corsi joined Project Sentinel president LTC Tony Shaffer and a PS panel to discuss the potential of Government use, or perhaps abuse, of eminent domain laws to seize…
The Truth Central Apr 18, 2023: Riots in Blue Cities; The Petroyuan on the Rise
Leftists continue to riot in US cities as their leaders, at a collective set of crossroads, choose between doubling down or backing off on "defund the police" policies and over-regulation…
If People Are This Eager to Riot and Loot Now, What Will America Look Like Once Economic Conditions Get Extremely Bad?
Spread the loveThis isn’t what a civilized society is supposed to look like. We aren’t supposed to have vast mobs of very angry young people rioting, looting and generally going…
Washington Post Reverses Position: Editorial Asks for More Police in D.C. Schools
Spread the loveMany cities yanked officers out of schools while reassessing policing after George Floyd’s 2020 murder. However well-intentioned, the experiment has left kids more vulnerable and classrooms less safe…
Banks with ‘Net-Zero’ Pledges Are Among the Top Funders of Fossil Fuels
Spread the loveBanks and finance institutions that have signed up to net zero pledges are still investing heavily in fossil fuels, research has shown, leading to accusations they are acting…
SEC Imposing Climate Rules on U.S. Corporations
Spread the loveRegulators knew they were facing a political hornet’s nest when they launched a plan that would force businesses to disclose their carbon emissions and other climate data. The…
Rise of the Petroyuan: The End Of The Petrodollar’s Reign And The Impact On Global Markets
Spread the loveIn 1967 the London Gold Pool collapsed due to a shortage of gold and increased demand for the metal. That’s because European central banks bought massive amounts of…
EU Slams Poland & Hungary’s Ban On Ukrainian Food Imports As Other Countries Threaten To Join Blockade
Spread the loveThe European Commission has slammed Poland and Hungary’s ban on Ukrainian food imports, saying member states cannot make such decisions regarding trade policy. The leader of the ruling…
The Truth Central Apr 17, 2023: The Federal Reserve’s Financial Troubles
After the pandemic, the Federal Reserve expanded the money supply significantly to support a swift economic recovery. It did so by purchasing vast amounts of US Treasury bonds and mortgage-backed…
California Utilities Propose Charging Customers Based On How Rich They Are
Spread the loveAs if the relatively affluent needed another reason to escape California… If you earn more, you pay more. That’s the bottom-line impact on your electricity bill if a proposal…
India’s Low Dependence Ratio Positions India for Economic Growth
Spread the loveUN projections published in 2022 show that India’s dependency ratio is 47 dependents for every 100 workers in 2023, falling from where it sat 25 years ago at…
Recession Risk Grows After Money Supply Shrinks at Fastest Pace Since Great Depression
Spread the loveThe U.S. money supply contracted for the third consecutive month, and is declining at the fastest pace since the Great Depression, new Federal Reserve data show. In February,…
The Federal Reserve Is Bankrupt
Spread the loveIn the post-pandemic period, the Fed expanded the money supply significantly to support a swift economic recovery. It did so by purchasing vast amounts of US Treasury bonds and…
Commercial Real Estate Crash Will Trigger Recession and “Force The Fed To Restart QE”
Spread the loveMorgan Stanley predicts a 40% collapse of the Commercial Real Estate (CRE) debt market—a credit crunch will trigger the next round of bank failures. US securitized CRE debt…