shtf
populationcollapse
debtcollapse
starvation
disaster
chaos
foodcollapse
economics
04/07/2023
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By Arsenio Toledo
Recession fears surge as new job creation slows down, jobless claims rise
Investors are once again concerned that the economy of the United States could dip far enough into a recession as recent jobs data shows a slowdown in new job creation and an increase in jobless claims. According to the Department of Labor‘s report, job openings slipped to 9.9 million in February, the lowest since May 2021. This is […]
04/05/2023
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By Arsenio Toledo
American banks are sitting on a TIME BOMB of $1.7 trillion in unrealized losses
Banks in the United States are sitting on a time bomb of unrealized losses totaling around $1.7 trillion. This is according to a study released on March 13 by the New York University Stern School of Business (NYU Stern) that took a closer look at the unrealized losses banks in the U.S. were likely holding. The study […]
04/03/2023
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By Arsenio Toledo
Social Security reserves draining faster than expected
Social Security’s reserves are being drained at a faster rate, and the benefits it pays out to sustain about 67 million Americans are now set to be depleted in 2034, one year earlier than previously projected. An economic slowdown, persistently high and record-breaking inflation and weaker productivity growth are all contributing to the downturn in Social […]
03/15/2023
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By Arsenio Toledo
Small and regional banks are being left to fend for themselves while big banks like Silicon Valley Bank are being bailed out
As the federal government scrambles and spends as much American taxpayer dollars as it can to bail out big banks like Silicon Valley Bank and Signature Bank, small and regional banks that have been negatively affected by the fallout of their collapses are being left to fend for themselves. Following the near-overnight bank failures of […]
03/15/2023
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By Arsenio Toledo
PLANNED DEMOLITION? Biden and FDIC BLOCKED efforts by private buyers to take over Silicon Valley Bank before it collapsed
Right before Silicon Valley Bank collapsed and was subsequently nationalized using taxpayer dollars, the Federal Deposit Insurance Corporation (FDIC) prevented efforts by private buyers to purchase the bank. Members of the Wall Street Journal editorial board noted that, despite federal claims that it could not find a buyer for SVB, a source has told them that both the […]
03/14/2023
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By Arsenio Toledo
Bank collapse contagion? Customers line up to take their money out of First Republic Bank
Customers of First Republic Bank in Southern California are lining up outside bank branches, eager to withdraw their funds in the wake of the collapse of Silicon Valley Bank (SVB). SVB’s collapse has raised fears that First Republic could suffer a similar bank run that could lead to its own demise. Analysts have even pointed […]
03/14/2023
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By Arsenio Toledo
CLAIM: Signature Bank shut down and seized by feds to send warning message to crypto industry
Federal regulators on Sunday, March 12, announced that they were intervening to shut down Signature Bank. The bank’s director claims it was seized to send banks a message to stay away from cryptocurrencies. This decision was made two days after Signature Bank customers, spooked by the overnight collapse of Silicon Valley Bank, withdrew more than […]
03/14/2023
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By Arsenio Toledo
SHUTTING DOWN: General Motors offers buyout to 35k salaried workers in Michigan in an attempt to reach $2B in cost savings
The majority of General Motors’ salaried workers were offered voluntary buyouts as the automotive company struggles to cut $2 billion from its costs. GM has approximately 58,000 salaried employees in the United States, around 60 percent of whom work in Michigan across 25 facilities and offices in the state, including GM’s global headquarters at the […]
03/13/2023
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By Arsenio Toledo
Jobless claims soar to five-month high as recession signals blare
Signs of a recession are once again blaring as the number of Americans filing new claims for unemployment benefits increased by the biggest margin in five months. Initial weekly claims for state unemployment benefits rose by 21,000 to a seasonally adjusted 211,000 for the week that ended on March 4. This is the largest recorded […]
03/10/2023
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By Arsenio Toledo
Silicon Valley Bank has now collapsed, and 95% of deposits were uninsured
Silicon Valley Bank, a commercial bank that prefers to cater to Big Tech companies and Silicon Valley startups, is on the verge of collapse. Its stocks have plunged amid a cash burn, and investors are now advising tech firms to pull all of their money out before it’s too late. (UPDATE: The bank has now […]
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