shtf
populationcollapse
debtcollapse
starvation
disaster
chaos
foodcollapse
risk
02/23/2024
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By Cassie B.
German banks preparing for wave of loan defaults in the face of major real estate crisis
German real estate lender Deutsche Pfandbriefbank is preparing for what it says will be the steepest drop in commercial property values seen in the country in 15 years. During the fourth quarter of 2023, the bank raised its provisions for losses on loans, setting aside more than $230 million for the year to prepare for […]
02/23/2024
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By Laura Harris
Google faces backlash over MASS LAYOFFS in January despite company’s financial success
Tech giant Google has once again come under fire after conducting another round of mass layoffs in January to streamline operations and allocate more resources to artificial intelligence (AI). The job cuts, which affected a thousand employees, included hundreds of workers in the voice assistant sector, hardware teams responsible for Pixel, Nest and Fitbit products, augmented reality, engineering […]
02/21/2024
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By Cassie B.
Worsenining commercial real estate market woes could spark a new banking crisis
Worries are growing that the U.S. commercial real estate market’s current woes could lead to another banking crisis. This year, around $929 billion in outstanding commercial mortgages will mature, the Mortgage Bankers Association reports. This is a staggering amount that equates to 20 percent of the $4.7 trillion outstanding debt overall. But with higher interest […]
02/20/2024
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By News Editors
FedEx founder issues dire warning about ‘unsustainable’ government debt
Fred Smith, the founder of executive chairman of shipping giant FedEx, is the latest business leader to sound the alarm that if America’s ballooning public debt is left unchecked, it will threaten to spiral into a catastrophic crisis. (Article by Tom Ozimek republished from TheEpochTimes.com) Mr. Smith was asked during an interview on Fox News […]
02/20/2024
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By Laura Harris
Analysts warn: Net zero movement to cause SPIKES in food prices and drive farmers out of business
Analysts have warned that the net zero movement will drive food prices even higher and small farmers out of business. Farming requires large investments in heavy equipment and operating costs, especially during the time between planting crops or raising animals and selling them in the market. So, some farmers claim that net zero policies could hurt smaller farms more […]
02/18/2024
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By Cassie B.
Israel’s credit rating downgraded amid failed war against Hamas
Moody’s Investors Service has downgraded Israel’s credit rating for the first time in the country’s history amid its ongoing war against Hamas and the Gaza occupation. In addition to dropping its rating down one notch from A1 to A2, Moody’s stated that the Jewish state’s outlook moving forward is negative. Although A2 is still considered […]
02/16/2024
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By Richard Brown
IMF says SEIZURE of frozen Russian assets must have sufficient legal support
Gita Gopinath, the first deputy managing director of the International Monetary Fund (IMF), has stressed that any action that may be taken to gain access to Russia’s frozen deposits must have “sufficient legal support.” In an insightful interview with Foreign Policy magazine published on Monday, Gopinath highlighted the complexities surrounding the situation. The United States […]
02/15/2024
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By Ethan Huff
Financial dominoes tumble as commercial real estate sector IMPLODES
A top-performing fund manager is warning that large segments of the global market, particularly in the commercial real estate sector, are “in very deep trouble.” Jonathan Golan of Man Group Plc in London says the potential for defaults will not be confined strictly to the United States, whose economy is barely limping along on life […]
02/15/2024
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By Ava Grace
Soft-on-crime policies, failure to stop retail theft trigger closures of major retailers in blue cities
While businesses blame the rise of online shopping and fall of in-store profits for closures in urban centers, insiders beg to differ. They point to the limitations of unarmed security staff and soft-on-crime policies in blue cities. Sean Salai of the Washington Times outlined three such instances of unarmed security staff meeting tragic fates in […]
02/14/2024
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By Belle Carter
DEBT SURGE ALERT: $8.9T government debt to mature, $1.4T budget deficit expected in 2024
The Congressional Budget Office (CBO) said that the government budget deficit will be $1.4 trillion and a record-high $8.9 trillion of national debt is set to mature in the coming year – this means more than $10 trillion in U.S. treasuries are coming to the market in 2024. The Federal Reserve has also been running […]
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