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debt bomb
12/01/2023
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By News Editors
Top U.S. banks shut 64 branches in a single week … are you affected?
Think the banking troubles were a thing of the past? (Article republished from WLTReport.com) Back in April/May, when we had 4 bank failures in one week, that was bad. Then things died down for the summer and many people thought all was good again….all was fixed! We told you it wasn’t. In fact, ever since […]
03/21/2023
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By News Editors
Greyerz – THIS IS IT … The global financial system has started to collapse
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that people better have an escape plan because the global financial system has started to collapse. (Article republished from KingWorldNews.com) Collapse March 19 (King World News) – Egon von Greyerz, Founder and Managing Parter […]
03/14/2023
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By Ramon Tomey
Silicon Valley Bank collapse sends investors scrambling toward bonds, gold
The collapse of California-based Silicon Valley Bank (SVB) sent investors scrambling toward bonds and gold to keep their assets safe. SVB failed on March 10 after a bank run depleted its funds. The California Department of Financial Protection and Innovation subsequently seized the bank and put it under the receivership of the Federal Deposit Insurance […]
09/15/2022
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By Ethan Huff
SANCTIONS BACKFIRING: European manufacturers closing up shop due to skyrocketing energy costs
There is a pretty good chance that Europe is done for as it pertains to manufacturing. The soaring cost of energy has made it prohibitively expensive for primary-metals producers and other heavy industries to continue doing business across the continent, which is boycotting Russian energy over Vladimir Putin’s invasion of Ukraine. Anti-Russia sanctions have all […]
09/13/2022
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By Ethan Huff
Return to the Dark Ages: European steel, metals industries plead with EU to stop de-industrializing the continent with its sanctions against Russia
Dozens of relevant stakeholders sent a letter to European Commission President Ursula von der Leyen, European Council President Charles Michel, and several others in key position of power calling on them to take immediate action to “prevent permanent deindustrialisation from spiralling electricity and gas prices.” Western sanctions against Russia have made it prohibitively difficult for […]
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