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Rulers Warn: Stocks Will Plunge If They Default On The Debt

Rulers Warn: Stocks Will Plunge If They Default On The Debt

by Mac Slavo | May 23, 2023 | Headline News

The United States ruling class is warning of economic turmoil if it defaults on its debt. The White House says to expect a “deep recession” and a stock market bloodbath as it plunges 45%. The deadline for the ruling class to lift the debt limit is rapidly...
Brace Yourselves For An Economic Avalanche, Because A Major Credit Crunch Has Already Begun

Brace Yourselves For An Economic Avalanche, Because A Major Credit Crunch Has Already Begun

by Contributing Author | Apr 10, 2023 | Headline News

This article was originally published by Michael Snyder at The Economic Collapse Blog.  This is moving even faster than a lot of us thought that it would.  For weeks, I have been warning my readers about the coming credit crunch.  When banks get into trouble, they...
The Banking Crisis: $1.7 Trillion In Unrealized Losses Loom As U.S. Banks Rapidly Bleed Deposits

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

by Contributing Author | Apr 4, 2023 | Headline News

This article was originally published by Michael Snyder at The Economic Collapse Blog under the title: The Banking Crisis Gets Worse! $1.7 Trillion In Unrealized Losses Loom As U.S. Banks Rapidly Bleed Deposits If our banking system can’t find a way to turn things...
It Turns Out That Hundreds of Banks Are at Risk

It Turns Out That Hundreds of Banks Are at Risk

by Contributing Author | Mar 22, 2023 | Headline News

This article was originally published by Peter St. Onge at The Mises Institute.  It’s the weekend, but our fresh Financial Crisis does not sleep. And a recent study says we’ve only seen the tip of the iceberg. The Washington Post yesterday wrote: “If banks were...
Americans Falling Behind on Credit Card and Loan Payments as Inflation Persists

Americans Falling Behind on Credit Card and Loan Payments as Inflation Persists

by Contributing Author | Dec 21, 2022 | Headline News

This article was originally published by Cassie B. at Natural News.  As inflation and the price of consumer goods continue to rise, reports indicate that American consumers are poised to fall behind on credit card and personal loan payments at the highest rate in more...
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