Economic Hitmen and Neoliberalism — The Truth About What’s Happening in Ecuador
By Dylan Charles The South American nation of Ecuador has been in the throes of a bloody populist revolution for nearly two weeks now. On…
Debt
Soaring Used Car Prices “Push Americans Over The Edge” As Subprime Delinquencies Surge
By Tyler Durden Millions of Americans are finding it virtually impossible to keep up with their car payments, despite supposed “economic growth” and low unemployment,…
J.P Morgan Warns About The “State” of the American Consumer
By Mac Slavo J.P. Morgan has taken to issuing warnings over the mental state and overall health of the American consumer’s habits. As a nation,…
America’s Financial Suicide: The Budget Deficit Rises 26% In 1 Year As Federal Spending Spirals Wildly Out Of Control
By Michael Snyder We are in the process of committing national financial suicide, and most Americans don’t seem to care. As you will see below,…
Student, Car Loans Surge Most In Three Years
By Tyler Durden While the total increase in US consumer credit in August was hardly a major outlier, rising by $17.9BN, below last month’s $23.05BN…
GE Freezes Pension Benefits For 20,000 Employees To Lower Debt Burden
By Tyler Durden In what looks like a dry run of the looming pension crisis facing corporate America, GE said on Monday that it would…
40 States Are Drowning In Debt, Just Like The Federal Government
By Mac Slavo As the United States government continues to pile up debt, most states are following in its footsteps. Total state government debt now…
5 Tips on How to Pay Off That Student Loan Before You’re 30
By Chloe Anagnos College isn’t the best option for everyone. Some will do just as well if not better by learning their craft through apprenticeships…
The Next Recession Could Crush Those Carrying Credit Card Debt
By Mac Slavo Because credit card rates are so much higher now than they were in the past, even a mild recession could crush those…
Major Red Flag: The Fed Shocks Everyone With An Emergency Intervention In The Repo Market For The First Time Since 2008
By Michael Snyder For the very first time since the last financial crisis, the Federal Reserve has been forced to conduct an emergency intervention in…
18 Facts on the US National Debt That Are Almost Too Hard to Believe
By Mitchell Nemeth At around $22.5 trillion, the United States national debt sits at 106 percent of Gross Domestic Product (GDP). There is no disputing…
Economic Uncertainty Surges Along With Consumer Spending & Debt Load
By Mac Slavo Even though the signs of problems are visible in the economy, consumer spending surged in the month of August. Americans upped their…
U.S. Debt Could Be 2,000% Of GDP: A $400 Trillion Nightmare
By Mac Slavo A new report has said that the real United States national debt could be well over what politicians tell us it is. …
Banks Seek Lower Credit Score Requirements, Targeting Over 50 Million New Subprime Borrowers
By Tyler Durden When the next bubble bursts – and it will – be sure to take a look back at this article. It might…