by Mac Slavo | Dec 20, 2023 | Headline News
Americans are largely maxed out when it comes to the amount of debt they have accumulated. Americans had surpassed a combined total of over $1 trillion in credit card debt back in August. Three months later, the balance had already gone up an additional $48 billion....
by Contributing Author | Nov 30, 2023 | Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. For decades we were warned that someday our politicians would push things too far. We were warned that someday our national debt would spiral out of control, servicing that debt...
by Mac Slavo | Nov 27, 2023 | Headline News
This Black Friday, consumers were purchasing a lot of electronics, smartwatches, TVs, and audio equipment. Sales of those electronics are up 7.5% compared with the previous year, however, data showed that consumers were resorting to buy-now, pay-later schemes in order...
by Contributing Author | Nov 7, 2023 | Headline News
This article was originally published by Thorsten Polleit at The Mises Institute. In the international fixed-income markets, interest rates are rising, and the decades-long trend of declining bond yields has undoubtedly been broken. On August 2, 2022, the ten-year...
by Contributing Author | Sep 28, 2023 | Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. During the summer, many of the experts repeatedly assured us that the U.S. economy would be able to avoid a recession, but now reality is setting in. Credit conditions continue to...