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...
by Mac Slavo | Jun 24, 2019 | Emergency Preparedness, Headline News
Debt levels reached record levels during the Great Recession which struck the United States about a decade ago. Now, U.S. consumer debt has surpassed those levels with a record number of Americans living on the edge of disaster. According to Market Watch, Ben Mohr, a...
by Mac Slavo | Jun 10, 2019 | Emergency Preparedness, Headline News
House flipping is at a nine-year high! While that may seem like good news, it actually foretells major problems in the housing market – a market we all can see is in a gigantic bubble right now. Generally speaking, an uptick in home flipping activity could...
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 | Apr 29, 2019 | Headline News
The bad news is that a recession is most definitely coming, and likely to be global, as the “everything bubble” cannot continue to inflate forever without consequences. However, the good news is that you have time to prepare yourself for the financial...
