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News & Articles By Arsenio Toledo
06/26/2022
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By Arsenio Toledo
Fed chair admits US dollar’s international standing could collapse
Federal Reserve Chair Jerome Powell admitted in a speech that the American dollar is at risk of losing its standing as the world’s preeminent currency. He made this admission as he pushed for the United States to create a digital currency that he said would preserve the dollar’s status. Powell made this claim during a speech at […]
06/24/2022
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By Arsenio Toledo
America’s commodity and labor shortages are likely to be permanent
America is experiencing shortages in everything from baby formula and tampons to food and fuel and even human labor. These shortages are likely to be permanent. “For so long, we’ve enjoyed lots of food in this country, so we’ve never ever faced a food shortage and I think that’s coming in the coming months,” said […]
06/23/2022
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By Arsenio Toledo
Ret. Army Col. Douglas MacGregor says Russia has already won its war with Ukraine
Retired Army Col. Douglas MacGregor believes Ukraine has already lost its war with Russia. But he thinks many Western leaders want to keep supporting Ukraine to accomplish their real goal of pulling the United States into a direct conflict with Russia. “Ukraine has lost this war. I would argue it lost it some time ago,” […]
06/23/2022
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By Arsenio Toledo
Economist: America about to enter next stage of inflation, which will be so much worse
An expert economist warned that the United States’ inflation crisis is about to enter a new stage and the economy will become even more precarious. Inflation is already at a 40-year record-high, according to the Department of Labor‘s Consumer Price Index for May. Secretary of the Treasury Janet Yellen is already warning that high inflation is […]
06/22/2022
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By Arsenio Toledo
Sri Lankan army unit fires into crowd of protesters as unrest over fuel and food shortages spreads
Sri Lanka is still on the road to collapse as more and more of the country’s residents run out of food, gas, electricity and other essentials for survival. To quell the protests, Sri Lankan police and military units have begun firing into crowds. Widespread protests in the South Asian island nation have been ongoing since […]
06/21/2022
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By Arsenio Toledo
Germany to reopen coal-fired power plants as Russia throttles Europe’s gas supplies
The German government is planning to reopen several coal-fired power plants as the country’s energy supply continues to be strangled by Russia. Germany’s energy troubles began when the country followed the United States and most of the West in passing economic sanctions against Russia and providing military support for Ukraine. Russia retaliated by cutting gas supplies […]
06/17/2022
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By Arsenio Toledo
Federal government to make major cuts in water deliveries to Western states
The amount of water in the Colorado River’s reservoirs has declined to catastrophically low levels that a top federal water official believes it will be necessary to make major water cuts next year. Camille Calimlim Touton, commissioner of the Department of the Interior‘s Bureau of Reclamation warned the Senate during a hearing that federal officials now think that […]
06/17/2022
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By Arsenio Toledo
Illinois electricity prices surge by as much as 50% just as risk of brownouts rises
Electricity prices in Illinois are rising by as much as 50 percent. To add to this crisis, the risk of brownouts all over the state is also increasing. Richard Mark, chairman and president of Ameren, which supplies electricity to much of Southern and Central Illinois, recently wrote in an opinion piece that the “typical residential […]
06/16/2022
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By Arsenio Toledo
Coinbase lays off 18% of workers as cryptocurrencies plummet in value
Coinbase, one of the world’s largest cryptocurrency holding and exchange platforms, has recently announced that it is laying off nearly a fifth of its entire workforce following the decline of stock prices and the value of most cryptocurrencies. The company will cut 18 percent of full-time jobs or around around 1,100 people. (Related: Crypto CONTAGION spreads as […]
06/15/2022
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By Arsenio Toledo
Ukraine is running out of ammunition as Russia continues to overpower its military
Ukraine’s prospects for victory in the war against Russia are growing dimmer by the day. The situation is compounded by the fact that its military is quickly running out of ammunition. As the grinding war depletes Ukraine’s domestic stores of ammunition, the Ukrainian military is being forced to rely more and more on ammunition provided to […]
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