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The Truth Central Apr 19, 2023: The Looming Global Debt Crisis

Posted on April 19, 2023 by admin | 123 Comments

The first quarter of 2023 saw the most large company debt defaults worldwide since the 2020 pandemic, layoffs and bankruptcy filings continue to mount across the US while commercial real…

U.S. Gasoline Prices Rise To 5-Month High

Posted on April 19, 2023 by admin | 153 Comments

Spread the loveU.S. gasoline prices rose for the third week in a row, rising $.076 per gallon from a week ago to $3.65 per gallon yesterday, new GasBuddy data showed,…

De-Dollarization Is Happening at a Stunning Pace

Posted on April 19, 2023 by admin | 249 Comments

Spread the loveThe dollar is losing its reserve status at a faster pace than generally accepted as many analysts have failed to account for last year’s wild exchange rate moves,…

Bankruptcy Filings Escalate Across USA

Posted on April 19, 2023 by admin | 121 Comments

Spread the loveBankruptcy filings across the United States rose for the third straight month in March in all major industries. A total of 42,368 new bankruptcies were filed last month, according…

Global corporate defaults highest since the pandemic in 2020

Posted on April 19, 2023 by admin | 150 Comments

Spread the loveMore companies around the world defaulted on their debt in the first three months of this year than in any quarter since late 2020, when businesses were still…

Massive Layoffs Starting: Ernst & Young to Cut 3,000 US Jobs After Shelving Bid to Break Up Firm

Posted on April 19, 2023 by admin | 249 Comments

Spread the loveErnst & Young said Monday that it would eliminate roughly 3,000 jobs from its US workforce as it pivots to address shifts in demand and “overcapacity” in sections…

Commercial Real Estate Crash: Giant D.C. Office Building Default On $161 Million Debt

Posted on April 19, 2023 by admin | 1,981 Comments

Spread the loveWith recent stress in the regional banking sector, sentiment in US commercial real estate (CRE) – and especially the office sector – has turned negative as investors prepare…

Dr. Corsi Featured as Panelist in Project Sentinel Discussion on Eminent Domain

Posted on April 18, 2023 by admin | 239 Comments

Dr. Jerome Corsi joined Project Sentinel president LTC Tony Shaffer and a PS panel to discuss the potential of Government use, or perhaps abuse, of eminent domain laws to seize…

The Truth Central Apr 18, 2023: Riots in Blue Cities; The Petroyuan on the Rise

Posted on April 18, 2023 by admin | 107 Comments

Leftists continue to riot in US cities as their leaders, at a collective set of crossroads, choose between doubling down or backing off on "defund the police" policies and over-regulation…

If People Are This Eager to Riot and Loot Now, What Will America Look Like Once Economic Conditions Get Extremely Bad?

Posted on April 18, 2023 by admin | 127 Comments

Spread the loveThis isn’t what a civilized society is supposed to look like. We aren’t supposed to have vast mobs of very angry young people rioting, looting and generally going…

Washington Post Reverses Position: Editorial Asks for More Police in D.C. Schools

Posted on April 18, 2023 by admin | 142 Comments

Spread the loveMany cities yanked officers out of schools while reassessing policing after George Floyd’s 2020 murder. However well-intentioned, the experiment has left kids more vulnerable and classrooms less safe…

Banks with ‘Net-Zero’ Pledges Are Among the Top Funders of Fossil Fuels

Posted on April 18, 2023 by admin | 239 Comments

Spread the loveBanks and finance institutions that have signed up to net zero pledges are still investing heavily in fossil fuels, research has shown, leading to accusations they are acting…

EU Slams Poland & Hungary’s Ban On Ukrainian Food Imports As Other Countries Threaten To Join Blockade

Posted on April 18, 2023 by admin | 150 Comments

Spread the loveThe European Commission has slammed Poland and Hungary’s ban on Ukrainian food imports, saying member states cannot make such decisions regarding trade policy. The leader of the ruling…

The Truth Central Apr 17, 2023: The Federal Reserve’s Financial Troubles

Posted on April 17, 2023 by admin | 250 Comments

After the pandemic, the Federal Reserve expanded the money supply significantly to support a swift economic recovery. It did so by purchasing vast amounts of US Treasury bonds and mortgage-backed…

California Utilities Propose Charging Customers Based On How Rich They Are

Posted on April 17, 2023 by admin | 126 Comments

Spread the loveAs if the relatively affluent needed another reason to escape California… If you earn more, you pay more. That’s the bottom-line impact on your electricity bill if a proposal…

India’s Low Dependence Ratio Positions India for Economic Growth

Posted on April 17, 2023 by admin | 254 Comments

Spread the loveUN projections published in 2022 show that India’s dependency ratio is 47 dependents for every 100 workers in 2023, falling from where it sat 25 years ago at…

Recession Risk Grows After Money Supply Shrinks at Fastest Pace Since Great Depression

Posted on April 17, 2023 by admin | 123 Comments

Spread the loveThe U.S. money supply contracted for the third consecutive month, and is declining at the fastest pace since the Great Depression, new Federal Reserve data show. In February,…

The Federal Reserve Is Bankrupt

Posted on April 17, 2023 by admin | 1,783 Comments

Spread the loveIn the post-pandemic period, the Fed expanded the money supply significantly to support a swift economic recovery. It did so by purchasing vast amounts of US Treasury bonds and…

Commercial Real Estate Crash Will Trigger Recession and “Force The Fed To Restart QE”

Posted on April 16, 2023 by admin | 248 Comments

Spread the loveMorgan Stanley predicts a 40% collapse of the Commercial Real Estate (CRE) debt market—a credit crunch will trigger the next round of bank failures. US securitized CRE debt…

Inflation Causes Consumer Spending Decline

Posted on April 16, 2023 by admin | 148 Comments

Spread the loveRetail sales in the U.S. fell 1 percent from February to March, according to Census Bureau Data released Friday, a sharp drop signaling that the economy is slowing faster…