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News & Articles By JD Heyes
04/19/2022
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By JD Heyes
Computer chip crisis getting worse as manufacturing slows and wait times increase amid insane demand
The global shutdown over COVID-19 affected every aspect of the world economy and those reverberations will be felt for years to come in the way of shortages and delays. And in no industry is this being felt more than the manufacture of computer chips — components that are vital in literally every aspect of our […]
04/15/2022
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By JD Heyes
U.S.-dominated global financial system facing collapse as China begins buying Russian coal and oil in yuan, not petrodollars
We have been warning since the beginning of Russia’s invasion of Ukraine that one of the negative long-term effects of imposing massive economic sanctions on Moscow would be the dismantling of the U.S. petrodollar-dominated global financial system, and that is exactly what is happening. Not only is Russia continuing to finance its war in Ukraine, […]
04/06/2022
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By JD Heyes
Inflation riots have begun: Sri Lankan Cabinet offers to resign as widespread unrest over price spikes boils over
We’ve been warning for weeks now that inflation around the world is spiraling out of control and that, as a result, there would be widespread unrest. That cycle of violence appears to have begun in Sri Lanka, and we expect it to spread far beyond that country’s borders. In fact, it has already gotten so […]
04/06/2022
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By JD Heyes
IMF official warns Western sanctions on Russia are threatening the dollar as world’s reserve currency
Recently imposed economic and financial sanctions on Russia by the U.S.-led West after Vladimir Putin ordered the invasion of Ukraine are weakening the dominance of the U.S. petrodollar as the world’s reserve currency, according to a ranking International Monetary Fund official. IMF First Deputy Managing Director Gita Gopinath told The Financial Times last week that […]
04/05/2022
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By JD Heyes
U.S., Western sanctions on Russia BACKFIRE: Ruble now backed by gold and gaining strength while the dollar’s purchasing power evaporates
In the weeks after Russia’s invasion of Ukraine, the Western world, led by the United States, imposed what was said to be a crippling regime of economic sanctions on Moscow. Joe Biden’s handlers took to his Twitter account to announce: “As a result of our unprecedented sanctions, the ruble was almost immediately reduced to rubble. […]
04/04/2022
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By JD Heyes
IT BEGINS: Russian gas giant halts shipments to Europe through key pipeline after German CEO warns of impending economic “catastrophe”
Economic fallout between Russia and the rest of Europe worsened on Saturday after a Russian energy giant decided to cut off natural gas to the continent that flowed through a major pipeline. The action by Gazprom to shut down the Yamal-Europe pipeline, a crucial artery for energy flows, came just a day after European countries […]
04/04/2022
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By JD Heyes
German chemical behemoth warns of country’s “total collapse” if Russian oil, gas is cut off
The economic fallout from Russia’s invasion of Ukraine is continuing to reverberate throughout Europe, though it is hitting some countries far worse than others. That is especially true of Germany, which was reliant on Moscow for the lion’s share of its annual natural gas supply. The U.S. and other Western nations have imposed sanctions on […]
03/31/2022
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By JD Heyes
More countries set to dump dollar holdings following U.S. “theft” of Russian reserves after Ukraine invasion
The Biden regime’s foreign policy team is filled with amateurs and half-wits whose heads are filled with Ivy League nonsense about how the world is supposed to work, as evidenced by the administration’s response to Russia’s invasion of Ukraine. As part of the regime’s economic sanctions package, the Biden administration seized hundreds of billions in […]
03/31/2022
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By JD Heyes
Russia links its ruble to gold in bid to circumvent U.S.-led sanctions and upend the dollar as the global reserve currency
The Russian government under President Vladimir PutinĀ is hitting back at the United States and the West in general by starting a movement away from using the dollar as the world’s reserve currency. Instead, the Kremlin has begun demanding “hard currency” — gold — for purchases of Russian energy products or, as an alternative, countries can […]
03/31/2022
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By JD Heyes
Producer of power grid film says U.S. is “incredibly vulnerable” to massive society-ending cyberattack
The maker of a film focusing on weaknesses inherent in the U.S. power grid says that with war raging in eastern Europe, Iran on the move, North Korea testing new ICBMs, and China eyeing Taiwan, America’s electric nerve center is at major risk of being destroyed by a cyberattack. In an interview late last week, […]
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