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30% Of All Mortgages Will Default In “Biggest Wave Of Delinquencies In History”
Unlike in the 2008 financial crisis when a glut of subprime debt, layered with trillions in CDOs and CDO squareds, sent home prices to stratospheric levels before everything crashed scarring an entire generation of homebuyers. 30% Of All Mortgages Will Default In "Biggest Wave Of Delinquencies In History" This time…
Postal Service Warns of $22 Billion Loss From Coronavirus After Receiving $10 billion From Stimulus
Agency already struggling with losses got $10 billion lifeline in stimulus package but says it faces far greater damage. Postal Service Warns of $22 Billion Loss From Coronavirus After Receiving $10 billion From Stimulus The U.S. Postal Service is facing a precipitous decline in mail volume and billions of dollars…
Bitcoin Holds Value As US Debt Reaches An Unfathomable $24 Trillion
The national debt of the United States has crossed $24 trillion for the first time in history as Donald Trump’s presidency adds $4 trillion in four years. Bitcoin Holds Value As US Debt Reaches An Unfathomable $24 Trillion According to figures from online monitoring resource Trading Economics, the tally now…
Black News Channel Makes Historic Launch (2-10-2020)
The nation’s only African American news network, based in Tallahassee, will launch nationwide Monday. Black News Channel To Makes Historic Launch (2-10-2020) [caption id="attachment_17015" align="aligncenter" width="600"] Lauren Mccoy, Kevan Smith, Fred Hickman, Laverne Mcgee, Anthony Amey And Rarione Mauriece Will Be The Black News Channel's Weekday Personalities.[/caption] BNC is a…
Companies View Labor Shortage As Reason To Fully Automate Wherever Possible (#GotBitcoin)
Companies weigh new technologies to strengthen their shared services, customer relationship management. Companies View Labor Shortage As Reason To Fully Automate Wherever Possible (#GotBitcoin) Finance chiefs are considering hastening investments in automation initiatives to better manage their companies’ finances and operations despite facing revenue declines stemming from the coronavirus pandemic.…
Is The $349 Billion Small Business Relief Package Another Big Bank Bail-out Fund? (#GotBitcoin?)
Big banks may have just killed the government's $349 billion relief effort to save America's devastated small businesses. Is The $349 Billion Small Business Package Another Big Bank Bail-out Fund? (#GotBitcoin?) Applications for forgivable loans for small businesses opened on April 3, but last-minute changes have thrown the program…
How To Get Money (Crypto-currency) To People In An Emergency, Fast
The responses of governments to the coronavirus pandemic have been extraordinary. How To Get Money (Crypto-currency) To People In An Emergency, Fast Governments around the world have enacted emergency legislation to protect people from loss of income and keep businesses alive as far as possible. The U.S. government, for example,…
Risk To Jobs Now ‘Unprecedented Since The Great Depression’ (#GotBitcoin)
The world’s workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe already running into the millions this week. Risk To Jobs Now ‘Unprecedented Since The Great Depression’ (#GotBitcoin) With International Monetary Fund Managing Director Kristalina Georgieva warning of a…
Here Is A List Of Companies That Have Suspended Dividends Or Stopped Stock Buybacks In April
After dozens of companies suspended or cut their dividends in recent weeks amid the coronavirus-driven business slowdown, some analysts believe dozens more are vulnerable across a variety of sectors. Here Is A List Of Companies That Have Suspended Dividends Or Stopped Stock Buybacks In April Take Banks: After suspending stock…
How To Suspend Your Mortgage Payments During Coronavirus Turmoil
If your loan is federally backed and you’re experiencing hardship caused by the pandemic, lenders are supposed to allow forbearance. How To Suspend Your Mortgage Payments During Coronavirus Turmoil If your mortgage is federally backed, lenders are supposed to allow forbearance for those experiencing a financial hardship caused by the…
14th Century African King Who Was Richest Man In The World Of All Time (Adjusted For Inflation) #GotBitcoin?
Musa I or Mansa Musa was the Emperor of Mali during the fourteenth century. Ranked the richest man of all time he is famous for his pilgrimage to Mecca which showcased his wealth to the cities he visited. 14th Century African King Who Was Richest Man In The World Of…
Bitcoin Miner Manufacturers Mark Down Prices Ahead of Halving
Bitcoin mining machines are on sale. Last month’s crash in cryptocurrency prices has prompted manufacturers to sell inventories at a discount, in some cases as steep as 20 percent, over the past few weeks. Bitcoin Miner Manufacturers Mark Down Prices Ahead of Halving Both the newest models and slightly older…