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Fed Chair Powell Says ‘Very Premature’ to Pause Interest Rate Hikes — Economist Warns It Will Crash Economy

November 3, 2022 by admin

Fed Chair Powell Says

Federal Reserve Chairman Jerome Powell says that it is “very premature” to think about pausing rate hikes. “We have a ways to go,” he stressed. However, economist Peter Schiff warned that “Planned rate hikes and QT will only succeed in crashing the economy, not bringing down inflation.” Fed Chair Powell Says ‘Very Premature’ to …

Invesco Strategist Warns the Fed Is ‘Playing a Dangerous Game’ That Could Lead to ‘Significant Recession’

October 24, 2022 by admin

Invesco Strategist Warns the Fed Is

The chief global market strategist at Invesco, a global investment firm with $ 1.3 trillion under management, has warned that the Federal Reserve is playing “a dangerous game” with its 75-basis-point rate hikes. She noted that the Fed’s action could lead to “a significant recession.” Invesco’s Chief Strategist on Recession and the Fed’s …

Rich Dad Poor Dad Author Robert Kiyosaki Warns About World War III

October 14, 2022 by admin

Rich Dad Poor Dad Author Robert Kiyosaki Warns About World War III

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned about World War Three. “Are you ready for World War III?” he asked, adding that “History shows wars are about energy: oil and coal.” Robert Kiyosaki on World War III and the Energy Crisis The author of Rich Dad …

Better Business Bureau Warns of Cryptocurrency Investment Scams on Tiktok

September 20, 2022 by admin

Better Business Bureau Warns of Cryptocurrency Investment Scams on Tiktok

The Better Business Bureau (BBB) has warned about cryptocurrency scams on Tiktok. “You are scrolling through Tiktok when you come across a video showing a pile of cash. The creator says they earned the stack of money in just a few days by investing in cryptocurrency,” the BBB detailed. Crypto Scammers Defrauding Tiktok Users …

Philippine Regulator Warns the Public of Engaging With Foreign Crypto Service Providers

August 19, 2022 by admin

Philippine Regulator Warns the Public of Engaging With Foreign Crypto Service Providers

The central bank of the Philippines, the primary regulator of the country’s crypto sector, has warned investors about engaging with unregistered and foreign crypto service providers. They “may present additional challenges on enforcing legal recourse and consumer protection and redress mechanisms for local customers, among others,” the regulator said. The Philippine Central Bank’s Crypto …

Peter Schiff Warns US Faces a ‘Massive Financial Crisis,’ Economist Expects Much Larger Problems Than 2008 ‘When the Defaults Start’

August 15, 2022 by admin

Peter Schiff Warns US Faces a ‘Massive Financial Crisis,

The economist and gold bug Peter Schiff usually has a lot to say, and this past week Schiff explained during an interview that he believes the U.S. will face a financial crisis worse than 2008’s ‘Great Recession.’ Schiff explains that the U.S. has a lot more debt than it did back then, and insists …

Renowned Investor Jim Rogers Warns Governments Want to Control Crypto — ‘They Want to Regulate Everything’

August 8, 2022 by admin

Renowned Investor Jim Rogers Warns Governments Want to Control Crypto —

Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned about cryptocurrency, stating that “if and when all our money is on our computer, it’s going to be government money.” Nonetheless, he noted that his wife invests in crypto. Jim Rogers’ Crypto Warning Famed investor Jim Rogers shared …

Binance CEO Warns ‘We Could Disable Wazirx Wallets’ — Advises Investors to Transfer Funds to Binance

August 7, 2022 by admin

Binance CEO Warns

Binance CEO Changpeng Zhao (CZ) has warned that his company could “disable Wazirx wallets on a tech level,” advising anyone with funds on the Indian crypto exchange to transfer them to Binance. The warning numerous tweets by CZ and Wazirx’s founder regarding whether Binance acquired Wazirx. Binance’s Warning: Transfer Your Funds The conflict between …

Bank of England’s Cunliffe Warns Crypto Is ‘Prone to Collapse’ — Touts ‘Same Risk, Same Regulatory Outcome’

July 16, 2022 by admin

Bank of England

Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrencies are “very vulnerable to sentiment and prone to collapse.” He urged regulators to “get on with the job” and regulate crypto under the principle of “same risk, same regulatory outcome.” Bank of England’s Cunliffe on Crypto Regulation Sir Jon …

EU Regulator Warns About Crypto — Questions Whether Many Will Survive

July 14, 2022 by admin

EU Regulator Warns About Crypto — Questions Whether Many Will Survive

European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question” about whether many crypto assets will survive. ESMA Chair on Crypto Risks and Regulation Verena Ross, chair of the European Securities and Markets Authority …

Kevin O’Leary Warns Major Crypto Panic Event Is Coming — ‘I Don’t Believe We’ve Seen the Bottom Yet’

July 11, 2022 by admin

Kevin O

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned of an impending “big panic event” in the crypto space. “I don’t believe we’ve seen the bottom yet and I have a different view of it,” he said. Kevin O’Leary Warns of a ‘Big Panic Event’ in Crypto Shark Tank star Kevin O’Leary shared …

EU Regulator Warns Soaring Inflation Could Drive Investors to Crypto — Calls for Unified Regulatory Framework

June 1, 2022 by admin

EU Regulator Warns Soaring Inflation Could Drive Investors to Crypto — Calls for Unified Regulatory Framework

Europe’s top securities regulator has warned that soaring inflation could drive investors to cryptocurrencies. Stressing that there is “an imbalance” in how each EU country deals with crypto, the regulator calls for a common regulatory framework across European countries. Inflation Could Drive Investors to Crypto, EU Regulator Says The European Securities and Markets Authority …

India’s Central Bank Governor Warns About Crypto After Collapse of Terra LUNA, UST

May 24, 2022 by admin

India

India’s central bank, the Reserve Bank of India (RBI), has warned about investing in the crypto market following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). “We have been cautioning against crypto and look at what has happened to the crypto market now,” said Governor Shaktikanta Das. RBI’s Governor on Crypto Market …

Bank of England’s Cunliffe Warns Crypto Will See Tough Times as Federal Reserve Tightens Financial Conditions

May 19, 2022 by admin

Bank of England’s Cunliffe Warns Crypto Will See Tough Times as Federal Reserve Tightens Financial Conditions

Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned of hard times ahead for cryptocurrency investors as the Federal Reserve and other central banks tighten monetary policy. Bank of England’s Executive Warns About Crypto Sir Jon Cunliffe, deputy governor for financial stability at the Bank of England (BOE), had a …

IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance

April 1, 2022 by admin

IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance

Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF). The confrontation could lead to fragmentation of the world’s current monetary system, the top representative warned. New Currency Blocs May Emerge Amid Mounting Restrictions …

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