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Stupid Americans: 38% Refuse to Drink Corona Beer due to Coronavirus
A new study shows 38% of Americans “would not buy Corona under any circumstances” because of fears related to the coronavirus.
The survey, conducted by 5W Public Relations, questioned 737 American beer drinkers over the phone and asked about Corona beer and the deadly coronavirus infecting people around the world.
In addition to the nearly 40% of Americans who refuse to drink the beer altogether,...
Mark Zuckerberg loses $17 billion, Facebook loses $119 billion
Facebook chairman and CEO Mark Zuckerberg is having a very bad day. On Thursday, he lost $17 billion of his fortune, Facebook shares dipped almost 20 percent, and now, some shareholders want his influence on the company reduced.
The money the Facebook CEO lost is only one-fifth of his net worth, which has fallen to $70 billion. Zuckerberg has also slid to sixth place from third on the Bloomberg Billionaires...
Juncker Scolded for Blurting Italian Election Comments that Triggered Stock Market Plunge
The political atmosphere in Italy took a tumultuous turn as EU Commission President Jean-Claude Juncker’s gloomy forecast regarding the upcoming Italian election sent shockwaves through the Milan stock exchange. Juncker’s cautionary words on the possibility of “ungovernability” in Italy elicited a swift and pointed response from the Liberi e Uguali (LeU) party, urging the EU...
Trump's Stock Market Rally Is Historic, Has Never Occurred in 110 Years
It’s official – The ‘TRUMP STOCK MARKET RALLY’ continues to shatter the record books. As a matter of fact, what we have seen since President-Elect Donald Trump won the Presidential election on November 8th, has never occurred before.
Out of 21 days since the election, the Dow has reached all time closing highs 13 of these days!
On another five of these days the Dow landed at its second highest...
Bilderberg Planning to Trigger Financial Collapse
For the second time in the space of ten years, the powerful Bilderberg group is plotting to trigger a financial collapse, with elitists already positioning themselves to profit from the next economic meltdown.
As we reported back in 2006 during the Bilderberg Group’s meeting in Ottawa, Canada, leaked information from an American delegate revealed that insiders were preparing for the housing bubble...
US Banks rigged $12.8 Trillion Market
US banks might have rigged another huge market, Bloomberg reports.
Dealers including top American banks which control the $12.8 trillion US Treasury market rigged bond auctions for years, Bloomberg reports.
Citing a federal antitrust lawsuit, the financial data and news provider says the giant Jewish owned banks such as Goldman Sachs, JPMorgan, and Morgan Stanley coordinated to manipulate Treasury...
Blame the Fed, Not China for Market Crash - Ron Paul
Last week’s historic stock market crash was caused not by China, but by the US Federal Reserve, according to former US Congressman Ron Paul.
In a column published on his website Sunday, Paul blamed the crash on flawed monetary policy from the Fed, and not on China’s recent currency devaluation, as many experts said.
“The Federal Reserve’s inflationary policies distort the economy,...
The Global Economy Is Officially Melting Down
As much as the financiers on Wall Street and the officials at the Fed would like the party to keep going, it looks it’s finally about to stop.
Years of bailouts and monetary expansion have created one of the most inflated and artificial economic booms in history, and now it appears that this global economic bubble is deflating.
Markets across the board are melting down as we speak, and the financial...
Soros-Linked Billionaire Buys Up Gold
A billionaire hedge fund manager linked to George Soros bought up gold shares after multiple financial experts warned a stock market crash is coming.
Stanley Druckenmiller, who runs Duquesne Capital after previously working for Soros, now owns 2.88 million shares of SPDR Gold Trust, making it his largest single holding and long position.
That means if the price of gold goes up, Druckenmiller profits...
China's stock market bounces back, after government steps in to stop huge slide
Chinese stock indexes rebounded Thursday. The Shanghai Composite added about 6 percent after the securities regulator made a bold move and stopped shareholders with more than a five percent stake in a listed company selling their stocks for six months.
The Shanghai Composite Index closed 5.8 percent higher on Thursday and in Hong Kong the Hang Seng China Enterprises Index saw its biggest rise since...
Greek PM announces closure of banks and stock market
Greece has announced the temporary closure of banks and stock market as leaders of the US and Germany weigh in on the country’s debt crisis.
The Bank of Greece has recommended a “bank holiday and restriction of bank withdrawals” on Monday, Greek Prime Minister Alexis Tsipras announced in a statement on Sunday.
Athens stock market would also stay closed and capital controls are to...
Gold predicted falling world growth and inflation
My exposure to resource stocks is as low as it has been in recent history and still, I’m nervous. Things are happening that shouldn’t be. The last time I said that was last July when I turned bearish and defensive on gold.
And here in October I’m sensing the same thing. Let me repeat my thesis: that the world economy is moving toward deflation and recession and the realization of...
Asia, Europe markets fall over possible US shutdown
Financial markets in Asia and Europe have been rocked over concerns that the United States’ government might be heading for a partial shutdown.
Washington should agree to a new spending bill before the end of the financial year at midnight on Monday amid political divisions that have created a stalemate.
If the American lawmakers fail to agree on the budget deal, essential federal services could...
The Stock Market Crash Of 2011?
How far does the stock market have to go down before we officially call it a crash? The Dow is now downmore than 2,000 points in just the last 14 trading days. So can we now call this “The Stock Market Crash of 2011″? Today the Dow was down 519 points. Yesterday, an announcement by the Federal Reserve indicating that the Fed would keep interest rates near zero until mid-2013 helped the Dow surge...
What It Means for Us Now That China Beats Japan
Saying “I told you so” isn’t always a sign of bad manners – not when good news is involved. Well, I did tell you to expect this: China has now raced past Japan to become the world’s number two economy.
Just last Christmas I wrote that China would blow past the Chinese economy this year. And so it has. Yi Gang, China’s top currency regulator, says China has “in...