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The Next Recession Could Crush Those Carrying Credit Card Debt

The Next Recession Could Crush Those Carrying Credit Card Debt

by Mac Slavo | Sep 19, 2019 | Emergency Preparedness, Experts

Because credit card rates are so much higher now than they were in the past, even a mild recession could crush those who carry credit card debt.  The current national average interest rate on credit cards is 17.61%, just shy of the record set in July. By comparison,...
IMF WARNING TO GOVERNMENTS: Get Your Debt Under Control Before Next Recession!

IMF WARNING TO GOVERNMENTS: Get Your Debt Under Control Before Next Recession!

by Mac Slavo | Apr 11, 2019 | Headline News

The International Monetary Fund issued a bold and stark warning to governments around the globe.  If these governments want any hope at all of surviving the next global economic recession, they had better get their debt under control. While the financing of the debts...
One Reason You Might Have Some Time To Prepare For The Next Economic Recession

One Reason You Might Have Some Time To Prepare For The Next Economic Recession

by Mac Slavo | Apr 4, 2019 | Headline News

There’s is one big reason why the U.S. will go into another recession eventually, but it’s the same reason you will have some time to prepare for it as well. Making money more expensive to borrow will lead to a recession, but the Federal Reserve...
Americans Are FAILING: Over Spending Is Leading To The Debt Crisis

Americans Are FAILING: Over Spending Is Leading To The Debt Crisis

by Mac Slavo | Apr 3, 2019 | Headline News

As the economy hangs on by a thread, the majority of Americans refuse to see the rocky road ahead. As a country, the United States is addicted to debt and the average American household uses debt like a drug with the consequences coming later. Americans are...

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