U.S. Credit Crunch Has Started

U.S. Credit Crunch Has Started

A chief strategist of the Wall Street bank, Morgan Stanley has pointed to a big drop in lending amid tightening standards,  meaning the “credit crunch” in the United States has started. Mike Wilson claimed that the banking crisis, which started with the...
These Economic Numbers Are Staggering

These Economic Numbers Are Staggering

This article was originally published by Michael Snyder at The Economic Collapse Blog.  If you are struggling to make it in this economy, you are not alone, because there are millions of other Americans in the exact same boat.  Needless to say, the cost of living has...