by Contributing Author | Jul 11, 2020 | Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. The recession of 2008 and 2009 was bad, but it was nothing like this. Even though this new economic downturn is only a few months old, we are already seeing numbers that we haven’t...
by Contributing Author | May 10, 2020 | Headline News
This article was contributed by Tom Beck at Portfolio Wealth Global. What a PERFECT set up for gold! Seriously, can ANYTHING ever compare to the CHAOS that we now are UNDERGOING as a species? Bankruptcies, Defaults & Delinquencies: We haven’t even SCRATCHED...
by Contributing Author | Oct 30, 2019 | Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. There should no longer be any doubt that the U.S. economy is slowing down, but most Americans still don’t realize what is happening because the major news networks are completely...
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 | Jul 2, 2019 | Headline News
Americans have reached the point of no return when it comes to consumer debt says that data of a large bank. The clock is ticking as the level of debt rises and the risk is increasing at a rapid pace. “The clock is ticking,” Deutsche Bank’s chief international...