Could cryptocurrency dethrone the dollar? AFP•September 1, 2019 Bank of England governor Mark Carney has suggested that a virtual currency, modelled on Facebook’s Libra, could one day replace the dollar as king of the foreign exchange market. The BoE chief aired vague proposals for a so-called “Synthetic Hegemonic […]
Chinese government to launch native cryptocurrency in November. Just in time for 2020. There is that year again!!! Oliver Knight. Coin Rivet•August 28, 2019 The Chinese government is planning to launch a Central Bank Digital Currency (CBDC) this November, according to Forbes. The decision to launch a CBDC comes […]
Climate change, hurricanes make the affordable housing crisis even worse Teresa Wiltz, Stateline Published 3:54 p.m. ET Sept. 1, 2019 Last year, right before Hurricane Florence hit New Bern, a small riverfront city along the North Carolina coast, Martin Blaney rushed to the public housing complex he runs, […]
Kmart, Sears closing additional stores by the end of the year. Is your location closing? Kelly Tyko, USA TODAYPublished 12:05 a.m. ET Aug. 31, 2019 | Updated 6:59 p.m. ET Aug. 31, 2019 More Kmart and Sears stores will close by the end of the year. Weeks after announcing 26 […]
Japan PM wraps up Africa meet with debt warning aimed at China (King of the East). Richard CARTER. AFP•August 30, 2019 Investors in Africa must beware of burdening countries with “excessive” debt, Japan’s prime minister warned Friday, an apparent swipe at China whose Belt and Road policy has […]
US-China trade war shows no sign of ending as new tariffs arrive By Jill Disis and Laura He, CNN Business Updated 8:41 AM ET, Sun September 1, 2019 Hong Kong (CNN Business) The year-long US-China trade war escalated dramatically in August. Now the world is watching to see whether new tariffs that […]
US must accumulate more & more debt in order to keep economy from collapsing – Video. Max Keiser and Stacy Herbert discuss the fact that the US Federal Reserve is stuck in a rate-cutting box of its own making. “We have gone through the looking glass when interest […]
US recession ‘the biggest concern’ amid Washington-Beijing trade conflict, warns Standard Chartered. $2,020 gold price in 2020. There is that year again!!! Published time: 26 Aug, 2019 11:13Edited time: 27 Aug, 2019 11:45RT As the trade war between the world’s two largest economies heats up again, the probability […]
US Fed ‘unable to delay’ recession any longer – investor Peter Schiff Published time: 30 Aug, 2019 13:34. RT There is no question the US economy is heading toward recession, according to Peter Schiff, chief global strategist at Euro Pacific Capital. He says it was a “huge mistake” […]
Harry Dent: The Great Crash Begins in 2020. There is that year again!!! August 30, 2019 by IWB I noticed this cycle right away in my research in the early 1980s: Substantial stock market bottoms have come every 20 years, and major ones every 40. That 40-year cycle would correspond […]
