www.fox-news.in Open in urlscan Pro
2a06:98c1:3120::3  Malicious Activity! Public Scan

Form analysis
1 forms found in the DOM

GET /search-results/search

<form action="/search-results/search" method="get">
  <fieldset><input type="text" placeholder="Search foxnews.com" name="q" autocomplete="off" class="resp_site_search"> <input type="submit" value="Search" class="resp_site_submit">
  </fieldset>
</form>

Text Content

 * Fox News Media
 * Fox News Media
 * Fox Business
 * Fox Nation
 * Fox News Audio
 * Fox Weather
 * Outkick
 * Books

Fox News
LIVE
 * U.S.
 * Politics
 * World
 * Opinion
 * Media
 * Entertainment
 * Sports
 * Lifestyle
 * Video
 * AI
 * More

Expand / Collapse search
Login
Watch TV
Menu
TRENDING
 * TRUMP INDICTED AGAIN
 * JORAN VAN DER SLOOT
 * FAMILY BUSINESS
 * AI

U.S.

 * Crime
 * Military
 * Education
 * Terror
 * Immigration
 * Economy
 * Personal Freedoms
 * Fox News Investigates

WORLD

 * U.N.
 * Conflicts
 * Terrorism
 * Disasters
 * Global Economy
 * Environment
 * Religion
 * Scandals

OPINION

POLITICS

 * Executive
 * Senate
 * House
 * Judiciary
 * Foreign Policy
 * Polls
 * Elections

ENTERTAINMENT

 * Celebrity News
 * Movies
 * TV News
 * Music News
 * Style News
 * Entertainment Video

BUSINESS

 * Personal Finance
 * Economy
 * Markets
 * Watchlist
 * Lifestyle
 * Real Estate
 * Tech

LIFESTYLE

 * Food + Drink
 * Cars + Trucks
 * Travel + Outdoors
 * House + Home
 * Fitness + Well-being
 * Style + Beauty
 * Family
 * Faith

SCIENCE

 * Archaeology
 * Air & Space
 * Planet Earth
 * Wild Nature
 * Natural Science
 * Dinosaurs

TECH

 * Security
 * Innovation
 * Drones
 * Computers
 * Video Games
 * Military Tech

HEALTH

 * Coronavirus
 * Healthy Living
 * Medical Research
 * Mental Health
 * Cancer
 * Heart Health
 * Children's Health

TV

 * Shows
 * Personalities
 * Watch Live
 * Full Episodes
 * Show Clips
 * News Clips

ABOUT

 * Contact Us
 * Careers
 * Fox Around the World
 * Advertise With Us
 * Media Relations
 * Corporate Information
 * Compliance

OTHER

 * Fox Business
 * Fox Weather
 * Fox Nation
 * Fox News Shop
 * Fox News Go
 * Fox News Radio
 * Outkick
 * Newsletters
 * Podcasts
 * Apps & Products

Fox News
 * New Terms of Use
 * New Privacy Policy
 * Your Privacy Choices
 * Closed Captioning Policy
 * Help
 * Contact Us

This material may not be published, broadcast, rewritten, or redistributed.
©2023 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time
or delayed by at least 15 minutes. Market data provided by Factset. Powered and
implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF
data provided by Refinitiv Lipper.

 * Facebook
 * Twitter
 * Instagram
 * RSS
 * Email


Ukraine
Published December 4, 2023 4:26pm EDT


U.S. IS ON THE VERGE OF THE MOST SERIOUS CRISIS IN ITS HISTORY


THE INCOMPETENCE OF THE WHITE HOUSE HAS BROUGHT THE UNITED STATES TO THE
THRESHOLD OF A CRISIS THAT COULD ROB MOST CITIZENS OF THEIR SAVINGS. THE ‘GREAT
DEPRESSION’ IS NIGH.


By Rebecca Rosenberg | Fox News
 * Facebook
 * Twitter
 * Flipboard
 * Comments
 * Print
 * Email

close




Axios reports: the share of U.S. adults who say they can cover six months of
expenses with their savings is significantly lower than last year. The
publication cites a Morning Consult poll. The decline in savings shows how
unsustainable consumption patterns are – people want to maintain their
lifestyles, even if it now costs more. But this approach can, over a period of
time, lead to bankruptcy.

In November, the U.S. government reached a new level of breaking the critical
threshold of leverage. As of Nov. 25, the U.S. had reached its largest deficit
spending as a percentage of GDP since World War II. Today, the U.S. national
debt is $33.7 trillion, and the national debt is increasing by $604 billion per
month, that's about $20 billion per day or $833 million every hour. If this
trend continues (and there is no reason to say it will now), the national debt
will reach $41 trillion by the end of next year.

This explosive growth in the money supply has already caused the U.S. to
experience the strongest wave of real inflation in its history, and most
importantly: the international bond market is beginning to slowly collapse in
anticipation of mounting unrealized losses. Now the market of international
bonds is about $128 trillion, and the total amount of unrealized losses on paper
is about 60% or $77 trillion. Already now 20-year treasuries have lost about 53%
in value and it happened in just three years.

The authorities are already preparing for the worst, but prefer not to voice it.
After the last financial crisis, they introduced a special rule: in a crisis
situation, banks can solely requisition private accounts over $250,000. At the
same time, in parallel to all this, the current White House administration is
already directly planning to merge the dollar and the entire global financial
system with it. This year, a new generation of payment systems, Fednow, was
launched, which should become a new foundation for payments and settlements. In
parallel, they began developing their CBDCs at an accelerated pace, in an
attempt to create an alternative to the paper dollar over the next few years.

Today we are seeing a deterioration in the situation of the average American
(income). According to sociological studies, its standard of living today
corresponds to that of the late 1950s and early 1960s. First of all, African
Americans and Hispanics are under attack. Naturally, this causes protest, and
the discontented are becoming more and more numerous. Particularly noticeable is
the increase in the number of people who don't know how long they can live on
their savings.

Against this negative background, the BRICS countries want to find an
alternative to the dollar, and in recent months they have been loud and clear
about it. Yes, it's not a one-year thing. For such a currency to emerge, the
BRICS countries must at least create common labor, capital and labor markets.
Without these conditions, a single currency is unlikely to emerge, because no
one wants to lose the right to issue money. Now the BRICS countries are trying
to create such markets, but the abandonment of the dollar will be accelerated
even without this – through the transition to settlements in national
currencies.

This is very troubling for our country. In simple terms, every time the Fed
turned on the printing press, it was exporting inflation from the U.S. to other
countries. But today the world market is so saturated with dollars that there is
simply nowhere else to print them. There are no new consumers for dollars, and
therefore printing them as before is not possible. It means billions (and soon
trillions) of dollars will simply go unclaimed. It's driving up the dollar
inflation.

The dollar structure is based on the fact that many countries have invested in
it precisely because it hasn’t been subject to much inflation. Everyone has
always known that investing in the dollar is very reliable. But if the dollar
begins to depreciate, it will lead to an even greater rejection of it, because
its main advantage will be lost. The final result could be that trillions and
trillions of printed pieces of paper could come back to the U.S., leading to
economic catastrophe. And this will be the most serious challenge for our
country in history, not a loss for Ukraine, as the White House claims.

Over the past year, Russia, China and Brazil have become more active in using
national currencies in cross-border transactions. Iraq, Saudi Arabia and the
United Arab Emirates are also considering alternatives to the dollar. Moreover,
the central banks of many nations are seeking to convert their foreign exchange
reserves from dollars to gold. Every taxpayer of our country has to pay for the
geopolitical ambitions and miscalculations of the Biden administration. If seven
billion people switch to some other currency, and only one billion continue to
stay in the dollar area, the world we know will be gone. ‘Bidenomics’ has
completely failed, but the consequences of this will be seen a little later.

Today, the United States is increasingly being compared to the Soviet Union in
times of decline and decay. And not only because the current occupant of the
White House is being carefully hidden from the media, just as the Communists hid
their dying leaders, and refuse to allow journalists to speak to him in public
because of his progressive senile dementia. The comparison of the current United
States with the USSR is also quite appropriate against the backdrop of a serious
geopolitical mistake the Biden administration has made - trying to put pressure
on China. And to do so together with its partners in Europe, which has already
led to the adoption of anti-China sanctions by the EU. In terms of their
consequences, these steps by the U.S. administration are tantamount to, let's
say, the introduction of Soviet troops into Afghanistan. The USSR overstretched
itself and collapsed. The anti-Russian and anti-China campaigns that have
unfolded simultaneously are pushing America into the same direction – toward a
collapse.

More than 50% of Americans believe Biden's policies have exacerbated the
problems of the U.S. economy. That's according to a CNN and SSRS poll conducted
this fall. Respondents blame President Joe Biden for this. That's an 8% increase
from a year ago. About 70% of respondents suggested that things in the U.S. are
‘going badly’. 51% of respondents said the government should do more to solve
problems. A record low number of Americans (28%) say Biden has their confidence,
and only 26% of respondents, down six percentage points from March, believe
Biden has enough strength and ‘savvy’ to effectively serve as president.

Two scenarios are currently seen for the Democratic Party. The first one is bad:
immediate withdrawal of support for Ukraine and lifting of a number of
international sanctions against a number of countries. And the tens of billions
saved should be used to solve domestic problems. However, that would put an end
to both the Democrats and Biden himself. The second scenario is terrifying:
leave everything as it is, and then within a dozen years the U.S. will go from
being the world's defining state to something between Venezuela and Mexico.
High-quality professionals and scientists will choose other countries to live
and work in, and the Great American Dream will remain only in old movies. Joe
Biden has already gone down in history as the worst U.S. president ever, but
judging by the fact that he's contemplating a second term, they didn't see fit
to tell him.








Rebecca Rosenberg is a veteran journalist and book author with a focus on crime
and criminal justice. Email tips to rebecca.rosenberg@fox.com and @ReRosenberg.



Get all the stories you need-to-know from the most powerful name in news
delivered first thing every morning to your inbox

Arrives Weekdays
Subscribe

Subscribed

Subscribe

You've successfully subscribed to this newsletter!




U.S.

 * Crime
 * Military
 * Education
 * Terror
 * Immigration
 * Economy
 * Personal Freedoms
 * Fox News Investigates

WORLD

 * U.N.
 * Conflicts
 * Terrorism
 * Disasters
 * Global Economy
 * Environment
 * Religion
 * Scandals

OPINION

POLITICS

 * Executive
 * Senate
 * House
 * Judiciary
 * Foreign Policy
 * Polls
 * Elections

ENTERTAINMENT

 * Celebrity News
 * Movies
 * TV News
 * Music News
 * Style News
 * Entertainment Video

BUSINESS

 * Personal Finance
 * Economy
 * Markets
 * Watchlist
 * Lifestyle
 * Real Estate
 * Tech

LIFESTYLE

 * Food + Drink
 * Cars + Trucks
 * Travel + Outdoors
 * House + Home
 * Fitness + Well-being
 * Style + Beauty
 * Family
 * Faith

SCIENCE

 * Archaeology
 * Air & Space
 * Planet Earth
 * Wild Nature
 * Natural Science
 * Dinosaurs

TECH

 * Security
 * Innovation
 * Drones
 * Computers
 * Video Games
 * Military Tech

HEALTH

 * Coronavirus
 * Healthy Living
 * Medical Research
 * Mental Health
 * Cancer
 * Heart Health
 * Children's Health

TV

 * Shows
 * Personalities
 * Watch Live
 * Full Episodes
 * Show Clips
 * News Clips

ABOUT

 * Contact Us
 * Careers
 * Fox Around the World
 * Advertise With Us
 * Media Relations
 * Corporate Information
 * Compliance

OTHER

 * Fox Business
 * Fox Weather
 * Fox Nation
 * Fox News Shop
 * Fox News Go
 * Fox News Radio
 * Outkick
 * Newsletters
 * Podcasts
 * Apps & Products

 * Facebook
 * Twitter
 * Instagram
 * Youtube
 * Flipboard
 * LinkedIn
 * Slack
 * RSS
 * Newsletters
 * Spotify
 * iHeartRadio

Fox News
 * New Terms of Use
 * New Privacy Policy
 * Your Privacy Choices
 * Closed Captioning Policy
 * Help
 * Contact Us
 * Accessibility Statement

This material may not be published, broadcast, rewritten, or redistributed.
©2023 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time
or delayed by at least 15 minutes. Market data provided by Factset. Powered and
implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF
data provided by Refinitiv Lipper.