by Mac Slavo | Oct 3, 2018 | Headline News
Interest rates will rise quickly and those hikes are going to be pretty big. Those with home equity loans, credit card debt and other variable rate loans will soon feel the pinch in their wallet, forcing them to cut back in other areas if their finances are already...
by Contributing Author | Oct 2, 2018 | Headline News
This report was originally published by Michael Snyder at The Economic Collapse If we do not change course, our once great nation will be destroyed by a debt that has grown wildly out of control. We are facing an unprecedented debt crisis that literally threatens to...
by Mac Slavo | May 1, 2018 | Commodities, Experts, Forecasting, Headline News
The last recession in 2008 was spurred by excessive debt in the private sector, mostly in the housing market. But this time, it’ll be worst and much more difficult, as the problem will be caused by corporate debt, according to several leading investors. The...
by Mac Slavo | Apr 4, 2018 | Emergency Preparedness, Forecasting, Headline News
Some people in the United States have stopped paying their loans on mobile homes. This is a bad sign for the economy as many no longer can afford the increase in interest rates. According to a report by Yahoo Finance, the mobile home market is showing the first signs...
by Contributing Author | Mar 2, 2018 | Headline News
This article was originally published by Michael Snyder at The Economic Collapse If the U.S. economy is in good shape, then why has economic growth been so anemic for more than a decade? It has been 12 long years since the economy grew by at least 3 percent, and for...