Category

Black Thursday

Eid ul Azha Economy in Pakistan Reportedly Crashes By Up to 60% Due to Inflation and Taxes Black Thursday

Eid ul Azha Economy in Pakistan Reportedly Crashes By Up to 60% Due to Inflation and Taxes

Pakistan’s Eid-ul-Azha economy has reportedly witnessed a significant slowdown this year, with traders and business groups claiming that overall commercial activity declined by as much as 60 percent compared to previous years. According to retailers and market representatives, rising inflation, heavy taxation, and increasing financial pressure on households severely affected…
bubmag
May 26, 2026
How fuel subsidy removal prevented nation’s economy from crashing – Alake Black Thursday

How fuel subsidy removal prevented nation’s economy from crashing – Alake

The Minister of Solid Minerals Development, Dele Alake, Thursday said the removal of fuel subsidy by President Bola Tinubu in 2023 stopped Nigeria’s economy from crashing. He said this at the 2026 Nigeria Revenue Service-Ministry of Solid Minerals Development (NRS-MSMD) joint stakeholder sensitisation programme (North Central), Thursday. He stated that…
bubmag
May 22, 2026
Fuel subsidy removal saved Nigeria’s economy from collapse: Alake Black Thursday

Fuel subsidy removal saved Nigeria’s economy from collapse: Alake

The Minister of Solid Minerals Development, Dele Alake, has said that the removal of fuel subsidy by the President Bola Tinubu’s administration in 2023 saved Nigeria’s economy from crashing. Mr Alake stated this during the 2026 Nigeria Revenue Service-Ministry of Solid Minerals Development (NRS-MSMD) joint sstakeholder sensitisation programme (North Central).…
bubmag
May 21, 2026
Diablo 4 players are milking an absurd 900% gold exploit that’s crashing the Lord of Hatred economy Black Thursday

Diablo 4 players are milking an absurd 900% gold exploit that’s crashing the Lord of Hatred economy

Someone at Blizzard definitely forgot a decimal point, because Diablo 4 players are currently abusing a ridiculous 900% gold drop exploit in Lord of Hatred. Opportunistic grinders are pulling in billions per run before the devs even have a chance to hotfix it...Read More
bubmag
May 15, 2026
US stock market today: Why is the Dow Jones crashing today while the Nasdaq and S&P 500 keep hitting record highs? AI stocks surge, oil crashes, and Wall Street splits between old economy fears and tech optimism Black Thursday

US stock market today: Why is the Dow Jones crashing today while the Nasdaq and S&P 500 keep hitting record highs? AI stocks surge, oil crashes, and Wall Street splits between old economy fears and tech optimism

U.S. stock market today is telling two completely different stories at the same time. The Dow Jones Industrial Average is slipping into the red while the Nasdaq Composite and S&P 500 continue pushing toward fresh all-time highs. On the surface, that looks confusing. But underneath Wall Street, the split reveals…
bubmag
May 7, 2026
Coinbase diamond hands vs Binance panic sellers — the $60,000 stress test Black Thursday

Coinbase diamond hands vs Binance panic sellers — the $60,000 stress test

Bitcoin's recent price crash towards $60,000 did more than just shave billions off market capitalizations or liquidate leveraged positions. It served as a massive, chaotic stress test that exposed a widening behavioral fracture between the two most dominant venues in the digital asset economy. On one side stands Coinbase, the…
bubmag
February 17, 2026
“I am going to get richer when the fake economy crashes”, says Rich Dad Poor Dad author Robert Kiyosaki. Here’s why Black Thursday

“I am going to get richer when the fake economy crashes”, says Rich Dad Poor Dad author Robert Kiyosaki. Here’s why

Synopsis Rich Dad Poor Dad author Robert Kiyosaki has warned of an impending economic crash driven by Fed rate cuts and renewed money printing. Calling the current system a “fake economy,” he says he is buying more gold, silver, Bitcoin and Ethereum to hedge against hyperinflation and expects to grow…
bubmag
December 18, 2025