by Contributing Author | Sep 12, 2019 | Commodities, Experts, Forecasting, Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. We haven’t seen survey results like this since just before the last recession. Right now, 60 percent of Americans believe that a recession is “very or somewhat likely in the next...
by Mac Slavo | Jun 26, 2019 | Forecasting, Headline News
A fairly decent gauge of the economy is consumer confidence, which took a nosedive in May. It’s now at the lowest level in nearly two years, following three consecutive months of increased consumer debt and simultaneous gains. The reason some prefer to get the...
by Mac Slavo | Apr 30, 2019 | Headline News
Consumer spending rose .9% in March netting an overall positive response from the mainstream media, with many reports now calling recession fears unfounded. But consumer credit card debt also rose to all-time highs again, meaning people borrowed the money they spend...
by Mac Slavo | Dec 11, 2018 | Headline News
Americans are carrying a record amount of credit card debt, according to a new study. The average American family has about $7000 in revolving debt compared to $6081 this time last year. And as interest rates rise, so will those monthly payments to service these...
by Contributing Author | Dec 10, 2018 | Headline News
This article was originally published by Brandon Smith at Alt-Market.com This article was originally published at Birch Gold Group As I predicted just after the 2016 presidential election, a sordid theater of blame has exploded over the state of the U.S. economy, with...