by Mac Slavo | May 22, 2019 | Headline News
As the economy frays, companies close retail stores, and other layoff workers, Americans are going further into debt. In fact, the United States household debt has now reached all-time record highs. According to the Federal Reserve’s Quarterly Report on Household...
by Mac Slavo | May 10, 2019 | Headline News
When the average everyday American begins to have trouble paying their bills, it’s most often a sign that the economy is not doing that well and we’ve reached that point. Credit card delinquencies have now reached and 8-year high, with no reprieve in...
by Mac Slavo | May 8, 2019 | Emergency Preparedness, Experts, Forecasting, Headline News
The time is now to begin preparing for the next financial recession – if you haven’t already. Very soon, it will be too late, as preparations for economic downturns often take a year or more. As of today, we are 10 years into an economic expansion that was...
by Mac Slavo | Apr 10, 2019 | Headline News
The average American consumer is “tapped out” when it comes to their debt load. As a matter of fact, just about everyone in the world is in the most amount of debt they have ever been in, in history. As delinquencies and layoffs rise, Americans are...
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...
