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...
by Mac Slavo | Jun 6, 2019 | Headline News
Auto loans have hit a new record, and it’s not a good sign in an economy that’s so volatile. Consumers’ monthly auto payments have hit a new all-time high too. People buying new vehicles continue to push the envelope, borrowing more and, on average,...
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...
by Mac Slavo | Feb 20, 2018 | Headline News
This report was originally published by Tyler Durden at Zero Hedge As the Federal Reserve reported most recently two weeks ago, US consumer non-mortgage debt has never been higher: as of December 31, 2017, US households have a record $1.0 trillion of credit...
