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Staggering Global Debt Of $253 Trillion Is A Disaster Waiting To Happen

Staggering Global Debt Of $253 Trillion Is A Disaster Waiting To Happen

by Mac Slavo | Jan 13, 2020 | Headline News

Global debt has reached a staggering $253 trillion. This is a disaster waiting to happen, as the world’s total debt surged by some $9 trillion in the first three quarters of 2019, according to data from the Institute of International Finance. That’s a...
The American Consumer Cannot Prop Up The Economy Forever: “Something Has To Give”

The American Consumer Cannot Prop Up The Economy Forever: “Something Has To Give”

by Mac Slavo | Oct 15, 2019 | Headline News

While consumer confidence can boost the economy and spending can drive growth, the consumer cannot prop up the economy forever. Wages are not keeping pace with price increases, so at some point, “something has to give.” In spite of the trade war and...

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