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Auto Loan Delinquencies Spike To Great Recession Levels

Auto Loan Delinquencies Spike To Great Recession Levels

by Mac Slavo | May 16, 2019 | Headline News

Even though the unemployment rate is historically low, delinquencies on automobile loans have spiked to levels not seen since the 2009 Great Recession.  People are increasingly failing to make payments on their vehicle loans and a horrifying number of those delinquent...
Dealers Scramble To Deal With 4.2 Million UNSOLD CARS

Dealers Scramble To Deal With 4.2 Million UNSOLD CARS

by Mac Slavo | May 10, 2019 | Headline News

Auto dealers are attempting to deal with 4.2 million unsold cars.  As the vehicles that no one wants to or cannot afford to buy stack up, the mainstream media continues to say the economy is “robust” and “booming.” Abandoned factories,...
11 Charts Show The World Has Learned Nothing From Global Financial Crisis

11 Charts Show The World Has Learned Nothing From Global Financial Crisis

by Contributing Author | Apr 4, 2019 | Headline News

This article was originally published by Tyler Durden at Zero Hedge After the 2008 crisis forcefully shoved the faces of most countries directly into the mess they had created, most major global economic participants arrived at the obvious conclusion that since debt...
Central Banks Prepare For A Slow Down In The Economy; But The Fed Can’t Fix This Crisis

Central Banks Prepare For A Slow Down In The Economy; But The Fed Can’t Fix This Crisis

by Mac Slavo | Mar 20, 2019 | Headline News

Big banks in the United States are quietly making plans to protect themselves from a slowing domestic economy.  While the market increasingly shows signs of fatigue and strain, many governments and central banks are taking steps to minimize their losses. Many are...
Debt Crisis In America: A Record Number Of Americans Are Behind On Car Payments

Debt Crisis In America: A Record Number Of Americans Are Behind On Car Payments

by Mac Slavo | Feb 13, 2019 | Headline News

Debt has become an issue of concern for those who care about their financial future. But with the government setting the terrible example of drastically spending more than they bring in, many in America are following suit and it is leading to a crisis and a red flag...
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