US Household Debt Reaches All-Time High Of $13.6 Trillion
By Mac Slavo As the economy frays, companies close retail stores, and others layoff workers, Americans are going further into debt. In fact, the United…
Debt
Fed Encourages Runaway Debt as “Minsky Moment” Approaches
By Clint Siegner Federal Reserve officials like to pretend they can use interest rates like a motorcycle throttle on the U.S. economy. They can either…
Recession Alert: Credit Card Delinquencies Reach 8-Year Highs
By Mac Slavo When the average everyday American begins to have trouble paying their bills, it’s most often a sign that the economy is not…
5 Reasons To Be Concerned That The Federal Government Will Borrow $990 Billion This Year
By Mac Slavo No one seems to care that a government already over $22 trillion in debt is on schedule to borrow another $990 million…
$220,000 For Every Man, Woman And Child – America Is Now 72 Trillion Dollars In Debt
By Michael Snyder Are you ready to cough up $220,000 to pay your share? One of the reasons why a day of reckoning for the…
The National Debt is the Most Serious Crisis America Faces
By David Unsworth A generation ago, the national debt stood at just a smidgen over USD $4 trillion and a young presidential candidate named Bill…
11 Charts Show The World Has Learned Nothing From Global Financial Crisis
By Tyler Durden After the 2008 crisis forcefully shoved the faces of most countries directly into the mess they had created, most major global economic…
Federal Borrowing Crosses the Rubicon
By Clint Siegner A year ago, Republicans in control of Congress suspended the cap on federal borrowing. The limit was automatically re-imposed on March 1st….
37 Million Credit Card Accounts In The U.S. Are “Seriously Delinquent” Right Now
By Michael Snyder Is the consumer debt bubble finally starting to burst? If the latest numbers on delinquent credit card accounts are any indication, that…
The OTHER Debt Bubbles: How Private Sector Debt Could Trigger the Next Financial Crisis
By Stefan Gleason The $22 trillion official national debt is a much discussed problem, even as politicians exhibit zero motivation to do anything about it….
Is There A Socialist-leaning Lifestyle Drowning The USA In Fiscal Debt?
Op-Ed by Catherine J. Frompovich The current national debt exceeded $22 Trillion as of February 11, 2019. There’s an ever-expanding influx of immigrants into the…
Why the European Debt Crisis Is Likely to Get Worse
By Vijay Victor The debt crisis in the Eurozone is getting no better, even in the wake of the new year. The five countries in…
$22 TRILLION IN DEBT! Why Trump Thinks The Fed Is More Dangerous Than China!
By WeAreChange In this video Luke is joined by G Edward Griffin and Josh Sigurdson to discuss the ever growing deficit that has now hit…
Credit Exhaustion Is Global
By Charles Hugh Smith Europe is awash in credit exhaustion, and so is China. The signs are everywhere: credit exhaustion is global, and that means…