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Credit Card Defaults Skyrocket To 14-Year High – A Sign That Inflation’s Worst Effects Have Yet To Be Realized

Credit Card Defaults Skyrocket To 14-Year High – A Sign That Inflation’s Worst Effects Have Yet To Be Realized

by Mac Slavo | Jan 5, 2025 | Headline News

This article was originally published by Lance D. Johnson at Natural News.  U.S. credit card defaults surged to $46 billion in the first nine months of 2024, the highest level since 2010. Defaults have jumped over 50% year-over-year, with seriously delinquent loan...
Thanks To The Cost Of Living Crisis, U.S. Household Debt Has Soared To The Highest Level Ever Recorded

Thanks To The Cost Of Living Crisis, U.S. Household Debt Has Soared To The Highest Level Ever Recorded

by Contributing Author | Aug 20, 2024 | Headline News

This article was originally published by Michael Snyder at The Economic Collapse Blog.  Our entire economy is fueled by debt.  In fact, if going into more debt was suddenly banned the U.S. economy would instantly hit a brick wall.  For the vast majority of us, our...
Will the Federal Reserve Cause the Next Riots?

Will the Federal Reserve Cause the Next Riots?

by Contributing Author | Jul 15, 2020 | Emergency Preparedness, Experts, Headline News, Ron Paul

This article was originally published by Ron Paul at The Ron Paul Institute for Peace and Prosperity.  Federal Reserve Chair Jerome Powell and San Francisco Fed President Mary Daly both recently denied that the Federal Reserve’s policies create economic inequality....
Americans Now Have A Record $14 Trillion In Debt

Americans Now Have A Record $14 Trillion In Debt

by Mac Slavo | Nov 14, 2019 | Headline News

Individuals are following in the bloated government’s footsteps.  During an “economic boom,” Americans now have a record of $14 trillion in personal debt. Household debt shot up 0.7% during the third quarter, the New York Federal Reserve said on...
Credit Card Defaults Skyrocket To 14-Year High – A Sign That Inflation’s Worst Effects Have Yet To Be Realized

J.P Morgan Warns About The “State” of the American Consumer

by Mac Slavo | Oct 11, 2019 | Headline News

J.P. Morgan has taken to issuing warnings over the mental state and overall health of the American consumer’s habits. As a nation, we are deeply indebted to consumerism and that’s what is currently keeping the fragile economy afloat. With the manufacturing...
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