by Mac Slavo | Oct 28, 2019 | Experts, Forecasting, Headline News
The United States’ economic situation has been a bumpy and precarious road for the past several months. But it’s about to get even bumpier. This week’s reports will likely show that the U.S. economy is deteriorating. The effects of the economically...
by Mac Slavo | Oct 15, 2019 | Headline News
While consumer confidence can boost the economy and spending can drive growth, the consumer cannot prop up the economy forever. Wages are not keeping pace with price increases, so at some point, “something has to give.” In spite of the trade war and...
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...
by Mac Slavo | Aug 7, 2019 | Headline News
Youtuber Jeremiah Babe tells it like it is, and doesn’t mince his words. The middle class is getting eviscerated and it’ll be so much worse once the economy comes crashing down again. In his recent video, Babe says far too many Americans are staring the...
by Mac Slavo | Aug 6, 2019 | Headline News
More and more Americans are getting themselves into so much debt that it becomes impossible to pay back their loans. In the month of July, there was a 5% increase in the number of bankruptcies filed in the United States. Bankruptcy petitions for consumers and...