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68% Of Americans Consider The Economic Condition To Be “Poor”; Consumers Reach Their Breaking Points

68% Of Americans Consider The Economic Condition To Be “Poor”; Consumers Reach Their Breaking Points

by Contributing Author | Oct 24, 2025 | Headline News

This article was originally published by Michael Snyder at The Economic Collapse Blog.  Millions of Americans are discovering that at some point the money runs out and the party is over. Vehicles are being repossessed at the fastest pace since the global financial...
Student Loan Servicers Prepare For Chaos As Payments Set To Restart

Student Loan Servicers Prepare For Chaos As Payments Set To Restart

by Contributing Author | Apr 26, 2023 | Headline News

This article was originally published by Tyler Durden at ZeroHedge.  Companies that service student loans are preparing for chaos, as an unprecedented 44 million borrowers will resume payments later this summer following the expiration of a November 2022 extension of...
An Economic Sign That Hasn’t Happened Since The Peak Of The Great Depression In 1932

An Economic Sign That Hasn’t Happened Since The Peak Of The Great Depression In 1932

by Contributing Author | Feb 1, 2023 | Headline News

This article was originally published by Michael Snyder at The Economic Collapse Blog under the title: We Just Witnessed An Economic Sign That Hasn’t Happened Since The Peak Of The Great Depression In 1932 Economic conditions are much worse than you are being told. ...
Even With Low Unemployment, Borrowers Are Being Rejected For Car Loans

Even With Low Unemployment, Borrowers Are Being Rejected For Car Loans

by Mac Slavo | Dec 17, 2019 | Emergency Preparedness, Forecasting, Headline News

The government keeps telling us that the labor market is strong and unemployment is low. Yet, regardless, borrowers are increasingly being rejected for vehicle loans while consumer debt continues to rise. A Federal Reserve Bank of New York survey of consumer credit...
Mortgage Rates Rise Again, As The Fed Lowers Interest Rates

Mortgage Rates Rise Again, As The Fed Lowers Interest Rates

by Mac Slavo | Nov 6, 2019 | Experts, Headline News

Mortgage rates are on the rise even though the Federal Reserve lowered interest rates once again recently. The 30-year fixed-rate mortgage averaged 3.78% during the week ending October 31. That’s up three basis points from the previous week. It’s the first time...

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