Economic Collapse

China’s new digital currency spells the end for the US dollar’s global dominance and will change the world as we know it

The digital yuan cryptocurrency developed by China has the potential to be a gamechanger when it is rolled out fully. By ending the world’s reliance on the dollar, it will alter the geopolitical landscape forever. For several years now, China has been developing the digital yuan, the first cryptocurrency from a central bank and government […]

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Economic Collapse 🎞️

Stephen Vizinczey says all a great power has to do to destroy itself is persist in doing the impossible… Like bankruptcy, societies and complex systems collapse slowly then all at once. The cycles that civilisations go through are well documented and whilst in hindsight it’s glaringly obvious to understand what drove the breakdown, in real […]

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The $20 TRILLION threat that could trigger the next financial meltdown

A number of recent reports suggest that the financial risk from climate change could be much greater than previously anticipated, and that entire asset classes could come under fire as temperatures continue to rise. Trillions of dollars of market value could go up in smoke due to climate change. The damage hits the global economy […]

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With US economy dead since 2008, only thing left for Fed is to print trillions of dollars in debt 🎞️

The US Federal Reserve’s balance sheet could skyrocket to more than $9 trillion by the end of this year, amid massive interventions to shield the economy from the coronavirus pandemic, according to the Financial Times. RT’s Keiser Report looks at the chart, showing that in 2007 there was “barely anything” on the Fed’s balance sheet. […]

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THE GREAT RESET (Explained!)

We’ll be looking at: – What is The Great Reset? – What is the World Economic Forum? (WEF) – What is the significance of Davos, Switzerland? – Who pays for the Davos conference? – Who are the key players involved? – What is the 4th Industrial Revolution? – And finally, could there be a potential […]

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The “controlled” demolition of the American Empire

An empire is at its most dangerous when it’s failing. With less and less to lose, it continues to try to do the impossible by doubling down on past mistakes. But history tells us that empires fall from within. If so, technically, how does a modern empire meet its inevitable fate? Author Charlie Robinson joins host […]

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We’re at peak insanity: The Fed’s fiscal profligacy and greedy tech oligarchs are sinking capitalism faster than the Titanic

During my 40-year Wall St career, I’ve never seen a mania like this. The problem is that central banks are rogue hedge funds with printing presses who are not elected or accountable and make policies that are consistently wrong. US stock markets were rocked last week by massive volatility that saw the most significant declines […]

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Covid-19 may cause deepest economic crisis ‘of our lifetimes’ — WTO chief

The coronavirus pandemic is likely to spark an unprecedented fall in global trade as well as an economic crisis rivaling the Great Depression, the head of the World Trade Organization (WTO) has warned. “We confront what may well be the deepest economic downturn of our lifetimes,” the organization’s Director General Roberto Azevedo said in a […]

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US stimulus just ‘another temporary bandage’ adding to massive amounts of debt – chief strategist tells Boom Bust 🎞️

The US Senate and the White House have reached an agreement on a $2 trillion relief plan to buffer the economy as fears of a deep global recession continue to mount amid the coronavirus outbreak. RT’s Boom Bust is joined by Todd Horwitz of Bubba Trading to discuss the measure and its impact on financial markets. […]

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Decadent like the late Roman Empire, the West is committing suicide through its irrational response to Covid-19

Many think Covid-19 is some kind of alien invasion that spells the end of the world. But the real threat to us is a much deadlier virus: a hatred of all the values that have underpinned our civilization for centuries. For years, I was puzzled as to why the Roman Empire ceased to exist and […]

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US Economy in Free Fall, Could Lose Up to 24% of GDP and Face Ocean of Unemployment Due to COVID-19

Most major global economies have already been affected by the outbreak, which has forced many workers to stay in their homes and almost entirely dried up the restaurant and hospitality industries. The US economy is facing the prospect of sustaining a heavier blow from the COVID-19 coronavirus outbreak than it suffered from the financial crisis […]

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‘Too Low, Too Late’: US Treasury’s Proposed Payouts Won’t Stem Economic Downturn

US Treasury Secretary Steve Mnuchin announced that the Trump administration may send checks to Americans “in the next two weeks” to fight the economic fallout of the COVID-19 novel coronavirus. Though the amount is unknown, an economics expert tells Sputnik that the government has already failed on the matter. “We’re looking at sending checks to […]

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‘Behind the Curve’: Washington Must Act More Decisively to Avoid Recession – Economist

Dr. Jack Rasmus, a professor of economics at Saint Mary’s College of California, joined Radio Sputnik’s Loud & Clear Friday to discuss how the Trump administration needs to enact more drastic economic stimulus measures to prevent the coronavirus from pushing the US into a recession. In his piece titled “A Tale of Three Crises: Comparing […]

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‘This is the beginning of the greatest financial crisis in US history’: Peter Schiff makes dire predictions to Boom Bust  🎞️

After suffering the worst stock market crash since 1987, the US Federal Reserve has announced a $1.5 trillion injection to ease strained capital markets. It is the biggest action by the Fed since the 2008 financial crisis. RT’s Boom Bust is joined by the CEO of Euro Pacific Capital Peter Schiff to find out if […]

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US Dow Plummets Nearly 3,000 Points as Trump States COVID-19 Outbreak Could Last Months

US stocks fell sharply on Monday as the Dow Jones Industrial Average index tumbled nearly 3,000 points despite the Federal Reserve’s latest attempt to ward off concerns of a possible COVID-19-induced economic downturn. The Dow slid by 2,997.10 points, while the S&P 500 dropped by 324.89 points, declines which placed the indices more than 20% […]

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