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DEBT BLOWOUT: US debt has soared $1.2T since debt ceiling suspension – and the Treasury expects to add another $1.5T by year’s end

August 03, 2023 -

According to data from the Treasury Department, the total $32.66 trillion of government debt is composed of two different kinds of Treasury securities. Around $6.9 trillion of debt is in the form of nonmarketable Treasury securities purchased by U.S. government pension funds like the Social Security Trust Fund.

Meanwhile, the remaining $25.7 trillion is in the form of marketable securities, or Treasury securities that are held and traded by the global public, either by ...

National debt hits record-high $32 trillion two weeks after suspension of debt ceiling

June 21, 2023 -

According to the nation's treasury data, the national debt is currently at $32.03 trillion. The Congressional Budget Office estimates the country's deficit for the fiscal year 2023 to be near $1.4 trillion, driving the national debt even higher.

The debt ceiling deal, which also included tens of billions in spending cuts demanded by Republicans in the House of Representatives, will allow the government to borrow whatever it wants until the end of 2024 when the debt ceiling ...

Two Ukrainian firms caught building dirty bomb – media blackout

October 26, 2022 -

(Article by Sean Adl-Tabatabai republished from NewsPunch.com)

“According to the information we have available, two Ukrainian organizations have concrete instructions to create a so-called dirty bomb. Work is at the final stage,” Kirillov declared.

Tass.com reports: The Russian Defense Ministry has data on contacts of the Ukrainian presidential office with the UK on the issue of potentially obtaining these nuclear technologies, Kirillov told a news briefing.

The ...

US could default on its debt by July if deal on raising the debt ceiling is not reached

February 21, 2023 -

The current debt ceiling is $31.4 trillion. The U.S. is expected to reach this limit sometime between July and September, according to the CBO's projections. For now, the Department of the Treasury is working overtime deploying a series of special accounting maneuvers, referred to as "extraordinary measures" by the CBO, to make sure the government can keep paying its obligations, such as to bondholders and to Social Security recipients.

"If the debt limit is not raised ...

18-inch pipe bomb found near railroad tracks in Philadelphia neighborhood

February 21, 2023 -

The discovery comes after train derailments shook the country after these supposed accidents released hazardous and cancerous chemicals into the local environments, particularly in Ohio. (Related: ANOTHER ONE: Norfolk Southern train with one car carrying hazardous chemicals CRASHES outside Detroit.)

The PPD found the explosive device on Sunday, Feb. 19, at around 1:30 p.m., behind St. Dominic's Catholic Church in Holmesburg. Google Maps images of the area show that ...

Deadly combo: Atmospheric river, bomb cyclone leave 2 dead in Bay Area

January 06, 2023 -

According to local firefighters, an infant was killed Jan. 4 in a home that was hit by a falling redwood tree in the rural Sonoma County town of Occidental. Meanwhile, the Fairfield Police reported that a 19-year-old woman was killed when her car hydroplaned on a partially flooded road and slammed into a utility pole.

An atmospheric river is a narrow corridor or filament of concentrated moisture in the atmosphere. Other names for this phenomenon are tropical plume, tropical ...

Global debt markets are BREAKING – pension collapse in England, govt. debt FAIL in Japan, while some bonds see 75% losses so far in 2022

October 12, 2022 - debt bomb that's going to detonate as soon as the Bank of England stops buying all the failed debt instruments that are propping up the entire UK pension system.

And what's the explanation for why this is happening? "Market volatility went beyond bank stress tests," Bailey explained, which essentially means something along the lines of, "We never anticipated a crash this big and can't stop it."

The pensions, it turns out, are headed for collapse. The Bank ...

Estonia to expand bomb shelter program to shield to 730,000 people by 2034

January 25, 2023 -

The shelters will protect the people not only from conventional bombing but also from gas and radioactive substances. The proposal is to adapt cellars in existing buildings so they are bomb-proof and capable of catering to people for considerable lengths of time. The shelters also need to be able to protect people from shock waves and shrapnel and will be required to have power generators, toilets, ventilation and access to water.

Currently, the Estonian Rescue Service ...

Sources: Ukrainian government planning nuclear ‘dirty bomb’ false flag to blame on Russia

October 30, 2022 -

According to Sputnik, dirty bombs, which are also known as "radiological dispersal device," or RDD, mixes conventional explosives with radioactive materials and typically utilizes dynamite and other explosives to spread radiological dust and smoke over a wide area, causing radioactive contamination and, eventually, sickness and death.

Sources told the news agency that the reason behind the shocking attack is to accuse the Russian government of using weapons of mass destruction ...

This nuclear bomb ready to drop on America and the world’s economy cannot be solved: Why the derivatives time bomb is a financial weapon of mass destruction the FED cannot fix

March 27, 2023 -

(Article by Alan Barton republished from AllNewsPipeLine.com)Wikipedia says the game of Craps is “a dice game in which players bet on the outcomes of the roll of a pair of dice. Players can wager money against each other (playing "street craps") or against a bank ("casino craps").”  As I read through the rules and gaming strategies on that game, I see no difference between playing derivatives markets and shooting craps.  Well, perhaps the amounts of money as I suppose ...

Fifty-two countries on verge of debt default, UN warns

July 19, 2023 -

At a recent meeting of G20 ministers in India, the subject of debt relief was brought up as a follow-up to the publishing of a UN report the week prior detailing the fact that half the planet is on the verge of defaulting.

The point of the meeting, which took place in Gandhinagar, Gujarat, was to try to work through a way to restructure the debt held by the worst-off developing nations, but very little progress, if any, was made.

"I think the bottom line is, as of ...

US household debt hits record $16.9 trillion amid persistent inflation

February 22, 2023 -

According to the latest edition of the report, total U.S. household debt hit a record $16.9 trillion during the fourth quarter last year – a 2.4 percent increase from the previous quarter, which is equivalent to $394 billion, or 2.4 percent, from the previous quarter. (Related: Fed data: Household debt just increased at fastest pace in 15 years.)

Most of it is due to mortgages, but credit card balances are also swelling at record levels. Worse, delinquencies are on ...

LGBT perverts threaten to BOMB Target stores for removing pedophilia pride wear for children

June 02, 2023 -

One Cleveland-area Target store shared a threatening email it received, which Cleveland 19 News reviewed and determined to possibly have come from transgenders and other LGBT perverts who wanted the child-grooming clothing to remain in Target's "Pride Collection."

"Target is full of cowards who turned their back on the LGBT community and decided to cater to the homophobic right-wing redneck bigots who protested and vandalized their store," the email read in part.

In ...

American banks are sitting on a TIME BOMB of $1.7 trillion in unrealized losses

April 05, 2023 -

This is according to a study released on March 13 by the New York University Stern School of Business (NYU Stern) that took a closer look at the unrealized losses banks in the U.S. were likely holding. The study found that banks had a total of $1.7 trillion in unrealized losses as of December 2022. (Related: IMF head warns: Risks to stability of global financial system have increased after recent upheavals across banking sector.)

Unrealized losses are "paper" losses that ...

US credit card debt rises to historic high of $1.03 trillion

2 months ago -

This is according to the Federal Reserve Bank of New York, which noted that total credit card debt rose by nearly five percent, or about $45 billion, during the second quarter of 2023 to a new high of $1.03 trillion. This is the highest gross value in Fed data going back to 2003. (Related: Survey: The average American has over $54,000 worth of debt and would do almost anything to get rid of it.)

The Fed noted in its credit report that the rise in credit card balances is ...

Move over USD: Argentina uses Chinese yuan to settle IMF debt

July 19, 2023 -

IMF spokesperson Julie Kozack confirmed on Thursday, July 13, that Argentina paid the IMF in Chinese yuan worth the equivalent of $1.1 billion, with a further $1.7 billion of its matured debt to the IMF disbursed in Special Drawing Rights. (Related: DE-DOLLARIZATION: China now uses the yuan for cross-border transactions more than it uses the US dollar.)

SDRs are reserve assets made up of a basket of the world's main currencies. It is considered the IMF's main currency due ...

5 Tips on how to shield your finances from debt default

June 01, 2023 -

At the same time, negotiations are ongoing between the White House and Congressional Republicans as they deliberate raising the U.S. government's $31.4 trillion debt ceiling.

If you're worried about the future, invest wisely to protect your finances from debt default.

Analysts previously warned that a default could result in mortgage payments skyrocketing and the loss of seven million jobs. It could also result in investments plummeting.

Ratings agency Fitch ...

Gay mafia terrorizes Target with BOMB THREATS for dropping LGBT clothing collection from its stores

June 06, 2023 -

According to Cleveland 19 News, it received a bomb threat on the afternoon of May 26 against five Target stores in Ohio, and the threat that was received at 12:26 p.m. via email centered around Target's LGBT merchandise. "Target is full of cowards who turned their back on the LGBT community and decided to cater to the homophobic right-wing redneck bigots who protested and vandalized their store," part of the emailed threat read.

The Buckeye State wasn't alone as there were ...