Trump in FULL BLOWN PANIC as MARKET COLLAPSE IMMINENT

https://www.youtube.com/watch?v=UvAjAOdmzBw

 

Martin O'Malley: DOGE cuts could soon trigger Social Security system 'collapse'

He warned the current administration's attempts to reduce the workforce will lead to the departure of vital staff and threaten the agency's fundamental operations. "Ultimately, you're going to see the system collapse and an interruption of benefits," he said. "I believe you will see that within the next 30 to 90 days."

https://thehill.com/homenews/administration/5173332-social-security-cuts-risk-collapse/  

 

What’s behind the stock meltdown and will there be a recession?

Even after the losses, the benchmark S&P 500 index is still up more than 9% since January, as is the Nasdaq…

https://www.theguardian.com/business/article/2024/aug/06/global-share-market-collapse-recession-nikkei-asx-nasdaq

Baltimore Mayor Brandon Scott endures racist attacks amid bridge collapse - The Washington Post

One user on X, called him "Baltimore's DEI mayor," a reference to diversity, equity and inclusion programs that have come under attack by conservatives who say they lead to minorities getting jobs over more qualified White candidates. Meanwhile, others attacked Scott for his facial hair and for not wearing a suit. "He looks like your average street criminal," another X user wrote. Neither user responded to a request for comment...

https://www.washingtonpost.com/nation/2024/03/31/baltimore-bridge-collapse-mayor/

Silicon Valley Bank Collapse: What We Know - The New York Times

Flush with cash from high-flying start-ups, Silicon Valley Bank bought huge amounts of bonds more than a year ago. Like other banks, Silicon Valley Bank kept a small amount of the deposits on hand and invested the rest with the hope of earning a return. 

That had worked well until the Federal Reserve began raising interest rates last year to cool inflation. At the same time, start-up funding started to dry up, putting pressure on many of the bank's clients — who then began to withdraw their money. To pay those requests, Silicon Valley Bank was forced to sell off some of its investments at a time when their value had declined. In its surprise disclosure on Wednesday, the bank said it had lost nearly $2 billion...

https://www.nytimes.com/2023/03/10/business/svb-silicon-valley-bank-explainer.html

The report shows for the first time that the federal government independently found structural problems with the privately funded border fencing, which is at risk of collapse during major flooding. — ProPublica

"It just shows the shoddiness of the whole effort. It worries me even more," Mayer said. 

Tommy Fisher, president of Fisher Industries, started to construct the fence in 2019 with financial support from the online fundraising campaign We Build the Wall. The nonprofit was set up to help former President Donald Trump build his "big, beautiful wall" along the length of the border. In the end, four of the nonprofit's top leaders, including Trump's former adviser Steve Bannon, were arrested on fraud and other charges connected to the fundraising scheme. 

Trump pardoned Bannon in January 2021. But in September, Bannon was indicted on state charges in New York. Bannon called the charges "nothing more than a partisan political weaponization of the criminal justice system." 

The three other men, including Brian Kolfage, an Air Force veteran who led the organization, face sentencing on Jan. 31 in federal court on various fraud and tax-related charges. Kolfage and another man pleaded guilty in April. The third man was convicted in October...

https://www.texastribune.org/2022/12/02/border-wall-texas-doj-arcadis-webuildthewall

Could Russia collapse?

So is it speculative to talk about a future Russian collapse? Yes. Is there evidence it is imminent? No. 

But in many ways that's the problem: when authoritarian regimes implode, they tend to do so very quickly, and with little warning. Hence in the Russian case, it's important to consider all possible eventualities, even if they might appear implausible at the moment...

https://theconversation.com/could-russia-collapse-193013

Russia admits it faces economic collapse over Putin’s war

Russia's economy has plunged into its worst crisis for almost three decades as the country is battered by Western sanctions, a leaked copy of the Kremlin's own forecasts shows...

https://finance.yahoo.com/news/seize-300bn-frozen-russian-reserves-063734391.html

Scholars warn of collapse of democracy as Trump v Biden election looms

"We need to reveal and denounce any and all connections between those in power and those vigilante and militia forces using political violence to destabilize our democracies," the letter urges. Evans said she was particularly disturbed by the evidence of "the infiltration of the far right" in police and military organizations around the world, including in the US, Germany, and Canada...

https://www.theguardian.com/world/2020/nov/01/democracy-fascism-global-trump-biden-election

Why the stock market is one or two bad economic reports away from a collapse - Yahoo Finance

Investors need to wake up and realize not all is well in these markets right now...
https://finance.yahoo.com/news/why-the-stock-market-is-one-or-two-bad-economic-reports-away-from-a-collapse-104950229.html

Venezuela’s Collapse Is the Worst Outside of War in Decades, Economists Say

Zimbabwe’s collapse under Robert Mugabe. The fall of the Soviet Union. Cuba’s disastrous unraveling in the 1990s. The crumbling of Venezuela’s economy has now outpaced them all. Venezuela’s fall is the single largest economic collapse outside of war in at least 45 years, economists say...
https://www.nytimes.com/2019/05/17/world/americas/venezuela-economy.html

Another economic collapse could be looming as banking regulations fall away in Trump era: report - Raw Story

The New York Times reported Wednesday on financial regulations in the Trump era. Perhaps not surprisingly, many regulations imposed after the catastrophic economic collapse of 2008 on big banks have slowly fallen by the wayside during the last two years. Naturally, few at the top, economically, are worried about a collapse happening again...
https://www.rawstory.com/2019/03/another-economic-collapse-looming-banking-regulations-fall-away-trump-era-report/

Bitcoin Falls Below $4,000 as Cryptocurrency Collapse Worsens - The Wall Street Journal

Bitcoin just had the week from hell, losing nearly a third of its value in seven days and marking one of its worst weekly selloffs on record. The digital currency has now fallen by about 80% since peaking near $20,000 late last year.....
https://www.wsj.com/articles/bitcoin-falls-below-4-000-as-cryptocurrency-collapse-worsens-1543241154

Nothing Much Happening Except For Possible Global Economic Collapse - Mother Jones

Hum de hum. Nothing much going on this this morning. I guess I'll go check in on whether Omarosa has said anything new. And hey, how about that true freshman quarterback phenom at Southern Cal? It looks like JT might be the real deal. ....
https://www.motherjones.com/kevin-drum/2018/08/nothing-much-happening-except-for-possible-global-economic-collapse/