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Month-over-month U.S. budget deficit rose by 50% in December as financial collapse looms

https://www.naturalnews.com/2024-01-16-budget-deficit-rises-financial-collapse-looms.html

January 16, 2024 -

This deficit jump has sent total government debt above $34 trillion for the first time on record, with Treasury Department data showing that outstanding total public debt hit $34.001 trillion on December 29. The development did not come as much of a surprise as it surpassed $33 trillion just three months ago. Should the current pace continue, CNBC reports that 2024 will end with a deficit exceeding $2 trillion.

When you consider the fact that December is traditionally ...

U.S. budget deficit climbs in May amid big government spending and falling revenue

https://www.naturalnews.com/2023-06-14-budget-deficit-climbs-big-government-spending.html

June 14, 2023 -

The Monthly Treasury Statement showed a May shortfall of $240 billion, which is a full $66 billion over last May’s figure. This brings the cumulative deficit for the first eight months of this fiscal year, which started in October, to $1.165 trillion, which marks a rise of $426 billion over last year. The government has spent $4.16 trillion during this period while collecting just $2.99 trillion worth of revenue. In fiscal year 2022, in contrast, they spent $3.8 trillion while ...

Financial analyst David Webb warns of impending FINANCIAL COLLAPSE in latest interview

https://www.naturalnews.com/2024-01-25-david-webb-warns-of-impending-financial-collapse.html

January 25, 2024 -

Webb said people are now seeing the end-stage phenomena of a collapse which has been planned in order to take everything from everyone.

He explained this end-stage phenomena are what he calls hyper-financialization.

"And following this, there will be a bust and prolonged low-price level. And this is what allows the public to be suppressed and put into a condition of deprivation," Webb told host Mike Adams.

Velocity of money is a measurement of the rate ...

DEBT SURGE ALERT: $8.9T government debt to mature, $1.4T budget deficit expected in 2024

https://www.naturalnews.com/2024-02-14-debt-collapse-trillions-government-debt-to-mature.html

a month ago -

The Federal Reserve has also been running down its balance sheet by $60 billion per month. The bottom line, experts said, is that someone will need to buy more than the said amount in U.S. government bonds. It is more than one-third of the U.S. outstanding federal debt and more than one-third of the country’s gross domestic product (GDP).

According to education platform Apollo Academy's Chief Economist Torsten Slok, this is going to be a particular challenge when the biggest ...

Public NUMBS as government DEBT BOMB explodes to $33T, annual budget DEFICIT approaches $2T

https://www.naturalnews.com/2023-09-22-debt-bomb-explodes-33t-budget-deficit-reaches-2t.html

September 22, 2023 -

"We are becoming numb to these huge numbers, but it doesn't make them any less dangerous," Maya MacGuineas, president of the Committee for a Responsible Federal Budget (CFRB), claimed in a statement. According to her, policymakers need to be honest with the American people and present a plan to "bring our debt under control." (Related: 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.)

Meanwhile, ...

Trigger for next financial implosion

https://www.naturalnews.com/2023-10-03-trigger-for-next-financial-implosion.html

October 03, 2023 -

(Article republished from TheBurningPlatform.com)

The U.S. banking system and likely, the global banking system, is essentially bankrupt. They just won’t admit it and central bankers won’t let them admit it. These “brilliant” Harvard Business School and Wharton trained financial geniuses thought it was a great idea to load up their institutions with mortgage and Treasury bonds when they were paying 0.5%. Now the ten year Treasury is 4.58%. Even a dolt like AOC or Pelosi ...

High interest rates contribute to the doubling of the federal deficit despite Biden’s claim of “strong economy”

https://www.naturalnews.com/2023-09-12-interest-rate-hikes-contribute-to-federal-deficit-surge.html

September 12, 2023 -

The administration's claim that the financial status is strengthening came when the deficit dropped by the greatest amount ever in 2022, falling from nearly $3 trillion to roughly $1 trillion. But rather than continue to fall to its pre-Wuhan coronavirus (COVID-19) pandemic levels, the deficit then shot upward, due to record spending by the government. Budget experts now project that it will probably double for this fiscal year, according to the Committee for a Responsible ...

Hello Project Icebreaker, goodbye financial freedom

https://www.naturalnews.com/2023-05-08-hello-project-icebreaker-goodbye-financial-freedom.html

May 08, 2023 -

(Article by Brandon Smith republished from BirchGold.com)

CDBCs are a threat that some analysts including myself have been writing about for more than a decade, so it’s good to finally see the issue being addressed more in the mainstream.The economics of enslavement

The Orwellian nature of CBDCs cannot be overstated.

In a cashless society people would be dependent on digital products for exchanging goods and labor, and this would of course mean the end of all ...

West destroying its own financial system – Putin

https://www.naturalnews.com/2024-03-03-west-destroying-its-own-financial-system-putin.html

a month ago -

(Article republished from RT.com)

Russia together with so-called ‘friendly’ nations will focus on creating new financial infrastructure that will be free from politics as it seeks to unite efforts in the face of global challenges, he said.

“The West itself is discrediting its own currencies and banking system. They’re sawing off a branch they’ve been sitting on for decades,” Putin said.

The president was referring to the growing global trend of using national ...

Financial dominoes tumble as commercial real estate sector IMPLODES

https://www.naturalnews.com/2024-02-15-financial-dominoes-tumble-commercial-real-estate-implodes.html

a month ago -

Jonathan Golan of Man Group Plc in London says the potential for defaults will not be confined strictly to the United States, whose economy is barely limping along on life support despite the illusion of economic stability.

"You've got more banks that are coming under scrutiny, more banks falling casually, and potentially some banks defaulting on both sides of the Atlantic," Golan explained, tying Europe to the cascading collapse as well.

Golan's investment-grade bond ...

Financial failure? Nation’s largest banks just cut 20,000 jobs

https://www.naturalnews.com/2023-11-07-financial-failure-largest-banks-cut-20000-jobs.html

November 07, 2023 -

America is already technically in a recession, though they redefined that word a few years back to stretch out the collapse, which will soon become more of a depression, if not much worse.

The following clip from CNBC explains the 20,000 banking job cuts and what those entail:

FIVE OF THE LARGEST BANKS CUT OFF 20,000 jobs COMBINED!!!#crypto pic.twitter.com/xkMXHjix7N

— KINGVALEX (@VALELORDX) October 31, 2023

According to reports, the Bank of Nova Scotia ...

Financial preparedness: What are the dangers of a “cashless” economy?

https://www.naturalnews.com/2023-11-02-financial-preparedness-dangers-of-cashless-economy.html

November 02, 2023 -

But if you want to avoid common risks like credit card fraud and digital systems that are vulnerable to cyberattacks, cash will always be king. (h/t to SHTFPlan.com)

In the U.S. and other economies that have legal tender laws, only cash is recognized as money. While others think that the balance of their bank accounts is money too, that is not quite the case. After all, your bank balance is one step removed from legal money.

All banks must maintain minimum balances ...

FINANCIAL COLLAPSE: Once again, Blackstone REIT is limiting investor redemptions

https://www.naturalnews.com/2023-04-06-financial-collapse-blackstone-reit-limiting-investor-redemptions.html

April 06, 2023 -

Following "a flurry of redemption requests" in excess of the fund's preset 5 percent net asset value limit for withdrawals, Blackstone decided to stop allowing investor withdrawals altogether to stop the bleeding.

In March, Blackstone fulfilled withdrawal requests of $666 million, which amounts to just 15 percent of the $4.5 billion that was actually requested that same month. It would seem as though Blackstone cannot cover anything more than that, despite promises from ...

Feds colluded with big banks to spy on Americans’ financial transactions

https://www.naturalnews.com/2024-03-14-feds-colluded-with-big-banks-spy-americans.html

15 days ago -

(Article by Brenda Baletti, Ph.D. republished from ChildrensHealthDefense.org)

The report details how government officials asked major banks to search financial transactions for key terms, like “Trump” and “MAGA.” It also suggested they identify transactions related to firearms or sporting goods stores, such as Cabela’s, Bass Pro Shop and Dick’s Sporting Goods.

“Americans doing nothing other than shopping or exercising their Second Amendment rights were being tracked ...

U.S. government’s “outlawing” of financial recession GUARANTEES an upcoming massive COLLAPSE

https://www.naturalnews.com/2024-02-20-us-government-outlaws-financial-recession-guarantees-massive-collapse.html

a month ago -

Every so-called "recession" since 1981-82 has not truly been the real thing as recessions have effectively been outlawed by the powers that be. Monetary policy is such that the American "free market" economy is never truly allowed to correct itself because the Ponzi Protection Team is always right there to rig it back up again.

Each time this happens, the bubble economy grows larger and larger. Eventually it will pop no matter how they try to rig it, and the longer they play ...

Swelling DEBT crisis creating financial “death spiral” in America, economist warns

https://www.naturalnews.com/2024-02-01-swelling-debt-crisis-financial-death-spiral-america.html

2 months ago -

Referring to the mounting U.S. debt load as a "white swan" means a risk event that is highly predictable and probable. It is the opposite of a "black swan" event, a metaphorical concept that represents a risk event that comes seemingly out of the blue and takes everyone by surprise.

Each time the so-called debt "ceiling" is reached – this now occurs regularly, by the way, in some cases several times per year – Congress simply ups it to a higher amount while "doing deals ...

Skyrocketing global debt setting the stage for a cataclysmic financial crisis

https://www.naturalnews.com/2023-12-22-skyrocketing-global-debt-major-financial-crisis.html

December 22, 2023 -

Easy money policies in recent years that provided incentives for borrowing money in hopes of stimulating the economy led to record levels of borrowing. While this may have been a positive development when interest rates were very low, central banks have increased interest rates dramatically since then to deal with price inflation, and now the world is feeling the effects.

Projections from the International Monetary Fund indicate that global government debt will reach ...

In America today, 646 hospitals risk closure due to financial troubles

https://www.naturalnews.com/2023-05-24-646-american-hospitals-risk-closure-financial-troubles.html

May 24, 2023 -

There are precisely 646 hospitals in rural America that risk closure, the group says, due to persistent financial problems. These facilities are not being paid enough to cover the cost of care delivery, we are told, which means losses on the balance sheet continue to mount.

Inflation and workforce shortages are only making matters worse, the report further explains. And while some rural hospitals are being kept on life support with grants, local tax revenues, and other profit ...

Mannarino chides Federal Reserve for DOWNPLAYING financial collapse as “mild recession”

https://www.naturalnews.com/2023-04-25-mannarino-chides-fed-downplaying-collapse-mild-recession.html

April 25, 2023 -

"A mild recession? Meanwhile, we just got news … that the economy is actually slowing down faster than they believed it would; with employment growth slowing faster than they thought it would really do," he said.

Mannarino referenced the April 2023 edition of the Fed's Beige Book, which contained the "mild recession" remarks. The report, which is published eight times a year, has anecdotal information on current economic conditions. He also cited the minutes of the Fed's ...

Google faces backlash over MASS LAYOFFS in January despite company’s financial success

https://www.naturalnews.com/2024-02-23-google-backlash-latest-mass-layoffs-despite-success.html

a month ago -

The job cuts, which affected a thousand employees, included hundreds of workers in the voice assistant sector, hardware teams responsible for Pixel, Nest and Fitbit products, augmented reality, engineering and ad sales teams. The layoffs seek to restructure the ad sales team to focus more on the Google Customer Solutions team rather than the Large Customer Sales unit. The former deals with smaller business clients, while the latter is responsible for selling ads to large businesses....


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