marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
covid-19
05/05/2022
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By Mary Villareal
Americans are quitting jobs at record pace, forcing employers to offer more to attract workers
Over 4.54 million Americans quit their jobs instead of returning to office as companies end remote-work policies offered during the Wuhan coronavirus (COVID-19) pandemic. According to the Department of Labor, the all-time high number of people quit their jobs in March, edging out a record set last November. Following massive resignations, the number of job openings also increased to […]
05/05/2022
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By News Editors
Uber reports surging revenue as drivers return, but posts massive loss on investments
Uber on Wednesday reported surging revenue during the first quarter as the ride-hailing company said it’s recovering from its coronavirus lows and wouldn’t have to put up “significant” investments to keep drivers on the platform. (Article by Jessica Bursztynsky republished from CNBC.com) But it also reported a $5.9 billion loss during the period that was largely attributed to the revaluation of […]
05/03/2022
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By JD Heyes
Global supply chain disaster brewing as wide swaths of manufacturing CLOSED in China due to pandemic-related shutdowns
The world’s supply chain was severely disrupted by lengthy lockdowns during the COVID-19 pandemic imposed by almost every nation on earth, but the lockdowns that hurt the worst were those in China. That’s because the West long ago surrendered much of its manufacturing capability to China where labor is cheaper and the Chinese government cares […]
04/27/2022
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By Arsenio Toledo
Chinese stock indexes CRASH as investor confidence drops due to resurgence of punishing lockdowns
Chinese stock markets plummet as investors become increasingly concerned over the resurgence of Wuhan coronavirus (COVID-19) lockdowns. The “zero-COVID” strategy imposed upon the entirety of the country by the Chinese Communist Party (CCP) has been a total failure. Not only have cases continued to surge in Shanghai, but more infections are also being detected all […]
04/25/2022
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By Kevin Hughes
Remote workers blame inflation, rising cost of gas for need to work from home
Remote workers are blaming Biden-fueled inflation charges and soaring costs of gas and childcare for their ongoing need to work from home. Now that the Wuhan coronavirus (COVID-19) positivity rates are low, remote work advocates are no longer blaming their desire to stay home on safety concerns, but instead on the financial effects of their day-to-day office schedule, which is […]
04/25/2022
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By JD Heyes
China’s perpetual lockdown of major port city Shanghai brings supply chain to brink of collapse, but that may be the plan
Under the guise of a supposed “zero COVID” policy, the Chinese Communist government has once again locked down the major port city of Shanghai at a time when the world’s supply chain crisis is at a peak, leading many to believe that Beijing seeks to collapse it for tactical advantage before invading Taiwan. According to […]
04/22/2022
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By Mary Villareal
Georgia governor declares state of emergency amidst continuing supply chain crisis
Governor Brian Kemp declared a state of emergency as supply chain disruptions continue in Georgia. Kemp said the Wuhan coronavirus (COVID-19) was the reason for the economic distress and supply chain issues, despite being the one to lock down Georgia at the beginning of 2020. “Despite the state’s successful mitigation of the public health impacts of […]
04/20/2022
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By Ramon Tomey
China’s draconian COVID restrictions are CRIPPLING supply chains worldwide
China’s draconian restrictions to curb the Wuhan coronavirus (COVID-19) have crippled supply chains worldwide. The stringent COVID-19 measures implemented in the eastern city of Shanghai – one of the country’s busiest ports – have also hampered global trade. Citing data from open vessel database Fleetmon and investment firm Liberum, the Telegraph reported that the number of ships […]
04/15/2022
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By Arsenio Toledo
SUPPLY CHAIN NIGHTMARE: Taiwanese manufacturers operating in Shanghai forced to shut down operations due to China’s lockdown
Quanta, the Taiwanese electronics manufacturer that makes Macbooks for Apple, was forced to shut down its factory in Shanghai along with dozens of other Taiwanese companies due to Wuhan coronavirus (COVID-19) restrictions. Economic analysts are worried that the closure of production facilities in Shanghai, including those supplying electronics to tech companies, could spell even more […]
04/05/2022
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By Kevin Hughes
America about to suffer as Federal Reserve struggles to battle inflation
The worst inflation in four decades has spurred the Federal Reserve to start a series of interest rate hikes. It’s not going to work. The plain truth is that the Federal Reserve doesn’t know how to battle inflation and America is about to suffer the consequences. With prices soaring at a pace not seen since the early 1980s, […]
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