shtf
populationcollapse
debtcollapse
starvation
disaster
chaos
foodcollapse
risk
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 […]
04/07/2023
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By JD Heyes
Get woke, go broke: Bed Bath & Beyond now begging product consignment company to stock its shelves so that stores don’t appear empty
Woke retailer Bed Bath & Beyond was spiraling into the ash bin of history but has gotten a last-minute reprieve — of sorts — that will likely only delay the franchise’s collapse. On Wednesday, the company revealed that it is partnering with Hilco Global to restock its inventory as part of its ongoing efforts to […]
04/07/2023
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By Kevin Hughes
Chinese lithium producers set floor price as demand for the metal drops
China’s top lithium firms agreed to set a floor price for the metal amid dwindling demand, six individuals confirmed. Ten companies – including Tianqi Lithium and Ganfeng Lithium – that met on the sidelines of a conference in the city of Nanchang in Jiangxi province agreed on the lowest minimum price of 250,000 Chinese yuan […]
04/06/2023
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By News Editors
Trifecta of inflation, recession, and banking insolvency leading to a ‘doom loop’: Economist
Decades-high persistent inflation combined with increasing risks of an economic recession and an imminent insolvency crisis in the banking sector have resulted in a “trilemma” facing central banks, including the U.S. Federal Reserve, warns top economist Nouriel Roubini. (Article by Naveen Athrappully republished from TheEpochTimes.com) “Unable to fight inflation and provide liquidity support simultaneously, the […]
04/06/2023
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By Ethan Huff
FINANCIAL COLLAPSE: Once again, Blackstone REIT is limiting investor redemptions
Blackstone, the world’s largest “alternative” asset manager, appears to be going insolvent as it once again, for the second time in the past year, blocks withdrawals from its $70 billion real estate income trust (REIT). Following “a flurry of redemption requests” in excess of the fund’s preset 5 percent net asset value limit for withdrawals, […]
04/05/2023
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By Ethan Huff
PULLING THE PLUG: Another $126 billion pulled by depositors from U.S. banks, Federal Reserve data shows
Public trust in the American banking system continues to plummet as depositors drained another $126 billion from United States banks during the week ending March 22, according to new data from the private Federal Reserve. The largest outflows occurred at big-boy banks, the top 25 of which lost $90 billion on a seasonally adjusted basis. […]
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 […]
04/05/2023
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By Ethan Huff
McDonald’s “temporarily” shuts down U.S. offices, announces impending layoffs
The world’s most well-known fast-food chain is closing its doors, at least temporarily, while it sizes up which corporate employees will get axed in the coming days. That fast-food chain is McDonald’s, which like many other American corporations is having to trim its human resources amid a collapsing economy. According to reports, McDonald’s is engaging […]
04/04/2023
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By Ethan Huff
Pakistan suffering through highest-ever annual inflation; stampedes for food have already killed 16 people
The government statistics bureau of Pakistan announced this week the highest ever jump in prices for food and other goods over the past year, which has created something of a nightmare across the country. Between March 2022 and March 2023, consumer price inflation in Pakistan increased by an astounding 35.37 percent overall, which has led […]
04/04/2023
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By Belle Carter
Top 25 US banks lose $89.7B after withdrawals surge following collapse of SVB and Signature Bank
The United States major banks recently encountered a surge in withdrawals as depositors become increasingly scared of the banking industry’s volatility following the controversial collapse of small- to medium-scale banks, such as the Silicon Valley Bank (SVB) and Signature Bank. According to a report by the Epoch Times, the top 25 U.S. banks lost $89.7 […]
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