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 | Oct 1, 2019 | Emergency Preparedness, Experts, Forecasting, Headline News
As the United States government continues to pile up debt, most states are following in its footsteps. Total state government debt now stands at $1.49 trillion with 40 states lacking sufficient funds to pay their bills according to Truth in Accounting’s...
by Contributing Author | Sep 2, 2019 | Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. A new study has discovered that we are far more dependent on America’s great debt creation machine than most of us would have ever dared to imagine. Today, debt is involved in most...
by Mac Slavo | Jul 29, 2019 | Experts, Forecasting, Headline News
The economy is being gambled with. The Federal Reserve is likely going to cut interest rates this week, and the global economy is at stake. Despite unemployment being at historic lows and the stock market being at historic highs, a highly unusual action is shaping up...
by Mac Slavo | Jul 2, 2019 | Headline News
Americans have reached the point of no return when it comes to consumer debt says that data of a large bank. The clock is ticking as the level of debt rises and the risk is increasing at a rapid pace. “The clock is ticking,” Deutsche Bank’s chief international...
