The Truth Central

One-Third of Americans ‘Worse Off Financially’ in 2022 Amid Inflation: Federal Reserve

Posted on May 24, 2023 by admin | 93 Comments

The percentage of U.S. adults reporting they were worse off financially climbed to 35 percent in 2022, the highest level since the Federal Reserve (Fed) started tracking this data in 2014. The Federal Reserve Board published its “Economic Well-Being of…

The Truth Central May 23, 2023: Are More Bank Failures and a Housing Bust on the Way?

Posted on May 23, 2023 by admin | 99 Comments

Jamie Dimon warns the current Quantitative Tightening policies employed by the Federal Reserve may lead to more bank failures and closures. Is this, however, by design? Does the current leadership want to see smaller banks get swallowed up by larger…

Before-and-after images of the destroyed Ukrainian city of Bakhmut

Posted on May 23, 2023 by admin | 0 Comments

One year ago, the eastern Ukrainian city of Bakhmut, home to some 70,000 people, was known locally for its salt mines and sparkling wine. Today, it is a symbol of Russia’s brutal and relentless war. For months, both armies have been…

A Housing Bust Comes for Thousands of Small-Time Investors

Posted on May 23, 2023 by admin | 173 Comments

They were offered the benefits of owning apartment-building rentals without any of the work, in real-estate investments that have already left some people empty-handed. Few investors rode the pandemic-era housing boom as high as Jay Gajavelli. Fewer still have fallen as far. Before…

Jamie Dimon Warns QT Will Lead To More Bank Failures

Posted on May 23, 2023 by admin | 135 Comments

At the start of May we explained that it’s not just the Fed’s rate hikes that are behind the nascent regional bank crisis(because with Fed Funds rate at 5.25% and both T-Bills and money market funds offering similar yields, there is…

Millions In Mexico Told To Prepare For Evacuation As Volcano Ejects Ash

Posted on May 23, 2023 by admin | 200 Comments

Millions of people have been warned to prepare for a possible evacuation after Mexico raised its alert level on the Popocatepetl volcano following earthquake swarms that could signal an imminent eruption. On Sunday, the National Civil Protection Coordination (CNPC) raised…

The Truth Central May 22, 2023: Pushing Back vs the WHO Global Governance Power Grab; Bakhmut Falls

Posted on May 22, 2023 by admin | 108 Comments

The Biden Administration is poised to sign over national sovereignty to the World Health Organization during pandemics and other health emergencies. The WHO also wants this agreement to extend to "climate change" and other issues as well. As Biden and…

‘In a lot of the world, the clock has hit midnight’: China is calling in loans to dozens of countries from Pakistan to Kenya

Posted on May 21, 2023 by admin | 120 Comments

Keeping schools open, the lights on and even food on the table is being threatened by debt payments from the $1 trillion Belt and Road program. A dozen poor countries are facing economic instability and even collapse under the weight…

Electricity Prices Plunge By 75% As Finland Opens New Nuclear Power Plant

Posted on May 21, 2023 by admin | 116 Comments

The commencement of regular output from a much-delayed Finnish nuclear reactor in April saw electricity prices in the country decrease by more than 75 percent. The Olkiluoto 3 (OL3) nuclear plant completed the transition from testing to regular output last…

Exxon Crushes Progressive Dreams That “Net Zero” Has Any Chance By 2050: It Would Mean Collapse In “Global Standard Of Living”

Posted on May 21, 2023 by admin | 140 Comments

In a world of suffocating snow-flakery, ESG hypocrisy and, well… Tranheuser Busch, a corporation telling the truth without fear of reprisals from the Open Society-funded virtue signaling cabal is rarer than an mRNA-injected, genetically engineered hen’s teeth. And yet that’s…

Ukraine Admits Murdering “Quite A Few” Russian Civilians Who Back Putin And His Invasion

Posted on May 21, 2023 by admin | 138 Comments

A senior Ukrainian official has admitted that his country has assassinated “quite a few” Russian civilians who support Putin and his war to assert control of the Donbas region. In an interview with The Times of London, Major General Kyrylo Budanov, who heads Ukraine’s military…

GOP Pushes Back Against WHO Plans for ‘Global Governance’ on Emergencies

Posted on May 21, 2023 by admin | 195 Comments

WHO director says ‘health emergencies’ should include poverty and ecological degradation. House Republicans took to the podium on May 17 to condemn the Biden administration’s negotiation of global pandemic agreements that they say will grant additional power to the World…

Wagner Declares Full Capture Of Bakhmut After 224 Days Of Fighting

Posted on May 21, 2023 by admin | 113 Comments

Head of the Russian private military group Wagner, Yevgeny Prigozhin, has announced Saturday that after months of grinding warfare and heavy casualties, Russia has now taken full control of the strategic city of Bakhmut. Prigozhin is announcing final victory and…

The Truth Central May 19, 2023: Ukraine Preps Allies for Disappointment; Debt, Inflation Burying U.S. Middle Class

Posted on May 19, 2023 by admin | 82 Comments

Ukraine President Volodymyr Zelensky has made the rounds looking for more financial and military aid, going as far as pleading for help to attack inland Russian targets. Still, despite what you may read in the U.S. mainstream media, his country…

U.S. Plans to Expand Sanctions, Export Controls on Russ

Posted on May 19, 2023 by admin | 115 Comments

New effort targets military and energy industries, with Western allies planning to roll out similar measures. HIROSHIMA, Japan—President Biden plans to unveil a new round of U.S. restrictions on trade with Russia on the first day of the Group of Seven summit…

Europe Approves World’s First Cryptocurrency Regulations

Posted on May 19, 2023 by admin | 98 Comments

The United States could soon follow the region in establishing crypto-regulations. The European Union has approved a set of rules—the first such regulation in the world—to regulate crypto assets like cryptocurrencies and tokens in a bid to curb money laundering…

Battered By Inflation, 90 Million Americans Struggle Paying Bills As Credit Card Usage Spikes

Posted on May 19, 2023 by admin | 141 Comments

A large swath of American consumers are facing financial hardship as they grapple with elevated living costs, record-high credit card use, and two years of negative real wage growth. This perfect storm could decimate financially fragile households in the next…

Cheap Chinese EVs are coming

Posted on May 19, 2023 by admin | 6 Comments

After years of preparation, Chinese car companies are poised to upend the US electric-vehicle market. Industry watchers say it’s only a matter of time before Chinese automakers bring their impressive — and importantly, inexpensive — electric cars to the US. After years…

Russia, Iran Pursue Joint Development Of Oil & Gas Fields

Posted on May 19, 2023 by admin | 119 Comments

Iran and Russia are considering the joint development of as many as 10 oil and gas fields in Iran, media have reported following a meeting between Iranian officials and a Russian delegation led by Deputy Prime Minister Alexander Novak. The proposal has come…

Ukraine Prepares War Allies for Disappointment

Posted on May 19, 2023 by admin | 134 Comments

Natalia Galibarenko, ambassador of Ukraine’s mission to NATO, seemingly tried to temper expectations about Ukraine’s coming counteroffensive against Russian President Vladimir Putin‘s forces. According to a translation by The Kyiv Independent, Galibarenko told the Lithuanian media outlet LRT that it is important to understand…

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