by Mac Slavo | Apr 18, 2019 | Headline News
Americans have become numb to financial intelligence. This is no more evident than a recent Sallie Mae survey, which indicated that college graduates can’t even answer simple questions about financial concepts, such as interest. The statistics are not looking...
by Mac Slavo | Apr 11, 2019 | Headline News
As the retail apocalypse continues to accelerate as we inch toward the middle of 2019, many in the mainstream media seem content to ignore the major problem: debt. The companies closing stores did have the disadvantage of keeping up with Amazon, but the real problem...
by Mac Slavo | Apr 10, 2019 | Headline News
In just the past two years, the chances of a recession have doubled, according to a note written Tuesday by the Guggenheim Partners. As economic indicators continue to deteriorate, and Americans load up on debt, the raw truth about the state of the United States...
by Mac Slavo | Apr 9, 2019 | Forecasting, Headline News
American consumers continue to spend money they don’t have by borrowing it. As the problems in the economy compound, the rising levels of consumer credit card debt could make any economic downturn all but impossible for so many to come out unscathed. Americans...
by Mac Slavo | Apr 9, 2019 | Headline News
The International Monetary Fund has cut the global economic outlook to the lowest levels we’ve seen since the Great Recession crisis of ten years ago. The bleak outlook was downgraded in light of new trade war information but could be the net result of...
