The US dollar is backed by nothing and its fall will drag down the rest of the world, El Salvador’s Nayib Bukele has declared Nayib Bukele speaks during the Conservative…
Elevated interest rates, political turmoil, and economic uncertainty portend a crisis on the horizon in 2024 Russian Market is a project by a financial blogger, Swiss journalist and political commentator based…
The US banking system is at risk of collapse and the FDIC is hiding the true state of the banking sector, raising concerns about public trust in the system. Key…
Outlays accelerated while receipts fell in the first quarter of the new fiscal year, Treasury data shows © Getty Images/Bloomberg Creative The US federal budget deficit reached half a trillion dollars…
Story by Jai Hamid The stability of Bank of America, a cornerstone in the American financial landscape, is now under intense scrutiny. With a series of troubling financial reports and…
The overall figure is approaching $34 trillion, according to the Treasury © Getty Images / NiseriN US national debt has continued to mount, jumping by $2.6 trillion in the six months through…
by Michael Is your job safe? According to the Bureau of Labor Statistics, there were more than 13 million layoffs and discharges in the United States during the first nine months…
Rich Dad Poor Dad author Robert Kiyosaki says America’s debt, which grew by $240 billion in November, is putting the country in grave danger. Fresh data from the U.S. Treasury shows that…
New technologies are threatening an archaic financial system, according to the Russian president © Getty Images / Henrik5000 The Western financial system is becoming outdated because of new technologies and could…
Bond yields have risen substantially in developed countries, with central banks offloading their vast holdings © Getty Images / Viaframe Sovereign bond sales could increase further next year as budget deficits balloon…
Coupled with exorbitant spending, Washington’s budget deficit threatens economic growth, according to Oleg Deripaska Oleg Deripaska © Sputnik / Aleksandr Vilf The US government is facing increasing challenges to even service the interest…
A ‘Death Cross’ appeared on Dow Jones Industrial Average on MondayThe ominous sign is often an indicator of a downturn in the marketThe pattern has appeared before major crashes including…
The potential spread of the Israel-Hamas conflict threatens global oil supplies, the CEO of the energy services firm has said © Getty Images / Abstract Aerial Art Growing global uncertainty amid the…
‘The actions we’re taking to reorganize the firm involve some difficult, consequential decisions’ By WND News Services By Will KesslerDaily Caller News Foundation One of the U.S.’ top banks will begin…
I truly wish that headline was an exaggeration. Unfortunately, for decades Americans have been extremely irresponsible with their finances. As a result, credit card debt is at an all-time high,…
Incident caused ICBC’s clients to reroute some Treasury trades‘A true shock to banks around the world,’ Truesec founder says What’s the Fallout From the ICBC Cyber Attack? On Thursday, trades…
Washington will soon be unable to service its growing national debt, Dmitry Peskov has said © Mark Wilson/Getty Images The US national debt has risen so high that Washington will no…
The country’s $31.4 trillion debt ceiling was exceeded in January, and later scrapped altogether until 2025 © Getty Images / dblight The US national debt could surge by $20 trillion over the…
BY TYLER DURDEN Authored by Alasdair Macleod, The day of reckoning for unproductive credit is in sight. With G7 national finances spiraling out of control, debt traps are being sprung…
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Tweet If you are looking to buy a home right now, I feel so sorry for you. The other day when I wrote that “life in America has never been more…
A lot of the talking heads on television seem to think that the threat of a recession has passed. So exactly why have these talking heads come to such a…
© AP Photo Subscribe International India Africa Fantine Gardinier All materials In the time since 2001, the US federal government has never run a surplus, thanks to the spending hikes…
t’s not just low-income Americans drowning under inflation and interest rates — some higher-income folks are feeling the strain on their wallets as well. Data from a June survey conducted…
Corporate profit growth has reportedly been outpacing wage increases © Getty Images / LordHenriVoton Inflation continues to rage in Western Europe, with monthly consumer prices soaring by over 14% in the UK…