by Contributing Author | Sep 23, 2019 | Emergency Preparedness, Experts, Forecasting
His article was originally published by Michael Snyder at The Economic Collapse Blog. If you ask the mainstream media, they will tell you that about half the country is still middle class. In fact, a CNBC article that just came out says that “52% of American adults...
by Mac Slavo | Sep 19, 2019 | Emergency Preparedness, Experts
Because credit card rates are so much higher now than they were in the past, even a mild recession could crush those who carry credit card debt. The current national average interest rate on credit cards is 17.61%, just shy of the record set in July. By comparison,...
by Mac Slavo | Sep 18, 2019 | Emergency Preparedness, Experts, Forecasting, Headline News
Chief financial officers in the United States have started to prepare themselves and their finances for a recession. For the first time in several years, economic uncertainty is now their lead concern, replacing worries about the difficulty of hiring and retaining...
by Mac Slavo | Sep 16, 2019 | Emergency Preparedness, Experts, Forecasting, Headline News
Even though the signs of problems are visible in the economy, consumer spending surged in the month of August. Americans upped their spending by 0.4% by buying cars and making purchases online. According to Breitbart News, this uptick was more than economists had...
by Mac Slavo | Sep 15, 2019 | Experts, Forecasting
While we don’t know the exact date that the recession will officially hit us nor do we know when the mainstream media will report the actual facts about the condition of the United States economy, we do know its decline is imminent. New data has come out that...
