Category: ECONOMIC

The Demise Of The Dollar As We Know It: “A Break Is Coming… On A Worldwide Basis”

MAC SLAVO–The significance of the shift taking place on a geo-political basis to unseat the U.S. dollar as the world’s reserve currency cannot be understated. It is, by all means, a complete upending of the financial and economic systems as we have come to know them. According to Keith Neumeyer, the Chairman of First Mining Finance and Chief

US Threatens to Impose Oil Embargo on Venezuela Unless Democracy Is Restored

SABRINA MARTIN–All sanctions against Venezuela are on the table for the United States, according to US Ambassador to the UN Nikki Haley. She said if Venezuela doesn’t move to re-establish democratic order, the Trump administration may take more severe measures than the sanctions it has already imposed. “There is a lot of support in Latin America to see

Is America’s “giant debt factory” Federal Reserve setting us up for an economic nightmare?

JD HEYES–In a recently published column Armstrong Williams, conservative author, pundit and one-time advisor and spokesman for HUD Secretary Ben Carson’s 2016 presidential quest, says he believes that the Federal Reserve is nothing more than a “giant debt factory” that is setting the country up for a fiscal disaster. In making his observations, Williams noted that he

Residents Forced to Buy Bottled Water As Coca-Cola Sucks Water Wells Dry

MATT AGORIST–A world addicted to the consumption of chemical beverages with negative nutritional value — responsible for filling hospital beds across earth — is quickly realizing this habit comes with a price outside of currency and health problems. Water. The residents of San Felipe Ecatepec, an Indigenous town three miles outside of San Cristobal de las

Bernie Sanders now pushing full-on government health care he once said would “bankrupt the nation”

[9/19/17]  U.S. Sen. Bernie Sanders, I-Vt., who was cheated out of the Democratic Party nomination for president last year by a dishonest political organization, doesn’t believe you, your doctor, or insurance company should have control over your healthcare. He thinks the federal government should. And not just primary control, like we now have with the Obamacare disaster, absolute

Top Financial Expert Warns Stocks Need To Drop ‘Between 30 And 40 Percent’ As Bankruptcy Looms For Toys R Us

[9/18/17/ MICHAEL SNYDER]  Will there be a major stock market crash before the end of 2017?  To many of us, it seems like we have been waiting for this ridiculous stock market bubble to burst for a very long time.  The experts have been warning us over and over again that stocks cannot keep going up like this indefinitely,

Venezuela Has Officially Abandoned The Petrodollar – Does This Make War With Venezuela More Likely?

[9/15/17/ MICHAEL SNYDER]Venezuela is the 11th largest oil producing country in the entire world, and it has just announced that it is going to stop using the petrodollar.  Most Americans don’t even know what the petrodollar is, but for those of you that do understand what I am talking about, this should send a chill up your

Hillary Almost Proposed ‘A Universal Basic Income’ In 2016, And The Idea Is Catching Fire Among Grassroots Democrats

[9/13/17/ MICHAEL SNYDER]  Should you get free money from the U.S. government every month simply for being alive?  That may sound like a crazy idea to many of us, but the truth is that this will likely be one of the biggest political issues in the 2020 presidential election.  At this point, 40 percent of all Americans

Debt Nightmare: Does Anyone Actually Care That Our Exploding National Debt Is Destroying Our Future?

[9/13/17/ MICHAEL SNYDER]  When will America finally wake up?  The borrower is the servant of the lender, and we now have a colossal 20 trillion dollar chain around our collective ankles.  We have willingly enslaved ourselves, our children and our grandchildren, and yet our addiction is so insatiable that we continue to add more than 100

Bank runs hit Hong Kong following introduction of facial recognition withdrawals

[8/22/17]  Hong Kong’s ATM network has been hit with a surge in withdrawals by customers using China UnionPay bank cards in the wake of facial recognition technology being introduced at cash dispensing machines in Macau. Monetary chiefs in Hong Kong have declined to deny or confirm information obtained by the South China Morning Post that