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Economic collapse incoming: Sweden hit with wave of bankruptcy filings

February 06, 2023 -

Russia Today (RT) mentioned that the number of bankruptcy filings surged to the highest level in at least a decade in January. It cited a Feb. 1 Bloomberg report that also pointed out the increase coinciding with an ongoing housing market crunch.

Based on data it obtained from the Swedish credit reference agency UC, Bloomberg said the number of bankruptcy filings rose to 622 – a 47 percent increase compared to a year earlier. The construction sector ...

Bankruptcy filings in U.S. surge at fastest pace since 2009 as Bidenflation continues to ravage Americans, businesses

March 01, 2023 -

For the past year, the Biden administration and the Federal Reserve have been struggling to combat runaway inflation and the resulting wage-price spiral without causing a recession. However, based on the recent increase in bankruptcy filings, it seems they may soon have to admit they have failed, noted Zero Hedge on Wednesday.

A month ago, the outlet highlighted a concerning trend in the pace of large bankruptcy filings (i.e., those with over $50 million ...

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EXCLUSIVE: Federal judge orders entrepreneur to commit his own Facebook identity theft or go to jail

American education heading for bankruptcy due to influx of illegal immigrants

Federal consumer 'protection' bureau caught data-mining the private financial records of millions of Americans

Warning to all police, firefighters, schoolteachers: Most government pensions to be confiscated within a decade

Obama's new economic ...

AstraZeneca admits its COVID-19 vaccine CAUSES BLOOD CLOTS in U.K. court filings

May 08, 2024 -

AstraZeneca's viral vector COVID-19 injection co-developed with the University of Oxford is sold under the brand names Covishield and Vaxzevria. But the injection was recalled in several countries due to the risk of vaccine-induced immune thrombocytopenia and thrombosis (VITT) – blood clots coupled with a low blood platelet count.

While VITT has been accepted as a potential side effect for two years, the Telegraph reported that AstraZeneca's recent admission was the first ...

Major Trump donor also backing RFK Jr.’s presidential run, FEC filings reveal

February 13, 2024 -

According to NTD TV, businessman Timothy Mellon gave more than $10 million to the American Values 2024 (AV2024) political action committee (PAC) between July and October 2023. That amount increased his total contribution up to about $15 million – more than half of the money the PAC took in during that year.

Mellon also gave $10 million to the Make America Great Again (MAGA) Inc. super-PAC between July and August 2023. Av2024 backs Kennedy's presidential run, while MAGA ...

Global bankruptcy already baked in

April 07, 2023 -

(Article by Charles Hugh Smith republished from DailyReckoning.com)

It’s really that simple.

In eras of easy credit, both creditworthy and marginal borrowers are suddenly able to borrow more. This flood of new cash seeking a return fuels red-hot demand for conventional assets considered “safe investments” (real estate, blue chip stocks and bonds), demand of which given the limited supply of “safe” assets pushes valuations of these assets to the moon.

In the ...

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Recommended ResourcesCounterThink Cartoons are

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help children and expectant ...

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Recommended ResourcesCounterThink Cartoons are

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help children and expectant mothers ...

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Recommended ResourcesCounterThink Cartoons are

free to view and download. They cover topics like health, environment and freedom.The Consumer Wellness Center is

a non-profit organization offering nutrition education grants to programs that

help children and expectant mothers ...

Moderna admits in patent filings that its mRNA COVID-19 injections can cause CANCER

September 12, 2024 -

The company made this admission in patent filings disclosed by Dr. Robert Malone, the inventor of mRNA vaccine technology, during a hearing led by U.S. Rep. Marjorie Taylor Greene (R-GA). According to Malone, Moderna's patent shows that its vaccine contains billions of DNA fragments and other contaminants linked to birth defects and cancer.

The expert also mentioned that Moderna's patent acknowledges that RNA is preferable to DNA in vaccines. However, the vaccine maker ...

The moral bankruptcy of the West

January 04, 2025 -

(Article republished from Mearsheimer.Substack.com)

On 5 December 2024, Amnesty International issued a 296-page report detailing Israel’s genocide in Gaza.

On 21 November 2024, the International Criminal Court issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Israeli Defense Minister Yoav Gallant for crimes against humanity and war crimes.

On 26 January 2024, the International Court of Justice found that a plausible case can ...

Del Monte Foods files for Chapter 11 bankruptcy

July 05, 2025 -

Del Monte Foods, a household name in the canned food aisle for over a century, has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey as part of a sweeping financial and operational restructuring.

The 138-year-old food manufacturer, best known for its iconic canned fruits and vegetables, said the filing is a strategic step forward that will enable it to pursue a court-supervised sale process to maximize ...

Tech giant Microsoft’s Russian subsidiary files for BANKRUPTCY

June 02, 2025 -

The Russian subsidiary of Big Tech company Microsoft has filed for bankruptcy, marking the latest retreat of a major American corporation from the country.

Microsoft Rus LLC filed a bankruptcy notice with the Russian Unified Federal Registry of Bankrupt Declarations (Fedresurs) on Friday, May 30. According to a report by Ukrainska Pravda, the subsidiary is also preparing a bankruptcy filing at the Moscow Arbitration Court following that of Fedresurs....

Casual restaurant chain TGI Fridays files for BANKRUPTCY

November 06, 2024 -

The Associated Press (AP) reported that the Dallas-based chain filed for bankruptcy in a Texas federal court on Saturday, Nov. 2. TGI Fridays Executive Chairman Rohit Manocha said in a statement that the restaurant's financial woes stemmed from the pandemic and its capital structure. The business is looking for ways to "ensure the long-term viability" of its brand following its decision to close many of its branches last year, AP continued.

Meanwhile, the Wall Street ...

Co-working facility giant WeWork files for BANKRUPTCY

November 10, 2023 -

CNBC reported that the company, whose headquarters is located in New York City, filed for Chapter 11 bankruptcy protection in a New Jersey federal court on Nov. 6. WeWork had entered into agreements with the vast majority of its secured note holders, and had expressed intent to trim "non-operational" leases.

In an initial filing, WeWork reported total debts of $18.65 billion against total assets of $15.06 billion – amounting to a $3.59 billion deficit. The company clarified, ...

Corporate America experiencing BANKRUPTCY BOOM as recession looms

May 25, 2023 - bankruptcy filings among all types of companies in U.S. District Courts, up from 12,200 filings during the same period last year. While this is still well below the more than 21,000 filings per quarter recorded before 2020, the upward trend is still seen as a serious cause for concern especially as recession signals blare from other parts of the economic and financial world.

Other notable companies that have filed for bankruptcy include catalogue retailer AmeriMark ...

SIXTH property insurer declares bankruptcy after Hurricane Ian

October 03, 2022 -

According to reports, state regulators in Florida have asked a judge to place a property insurance company in receivership following Hurricane Ian.

The Florida Department of Financial Services is seeking to be the appointed receiver for FedNat Insurance Company, which was already struggling long before Ian arrived. (Related: Florida's fertilizer hub took a direct hit from Hurricane Ian.)

FedNat canceled 56,500 policies back in May. In June, the company reached ...

FEC filings reveal beleaguered Liberty Safe’s parent company is a major donor to Democrats who push gun control

September 13, 2023 -

Charlie Kirk, the founder and CEO of the conservative educational non-profit organization Turning Point USA, shared a report that featured Federal Election Commission (FEC) filings on X, formerly known as Twitter. It indicated that Liberty's holding company Monomoy Capital Partners has donated hundreds of thousands of dollars to left-wingers.

"I pulled the FEC reports on the company and found approximately $400,000 over the last 10 cycles of max donations to Democrats," ...

Tax filings reveal that Biden’s cancer charity spent millions on salaries and zero on research, defrauding the public

November 21, 2020 -

The Biden Cancer Initiative, founded in 2017 by Joe and Jill Biden, promised to “develop and drive implementation of solutions to accelerate progress in cancer prevention, detection, diagnosis, research, and care to reduce disparities in cancer outcomes.” Instead of providing preventative care and investing in research on cancer healing, the “charity” took large sums of money away from donors and passed it on to drug company executives sitting in leadership positions with ...