A Financial System Headed For A Collision With Debt
By Dave Kranzler The retail sales report for December – delayed because of the Government shutdown – was released this morning. It showed the largest…
Debt
Debt Crisis In America: A Record Number Of Americans Are Behind On Car Payments
By Mac Slavo Debt has become an issue of concern for those who care about their financial future. But with the government setting the terrible…
Apocalyptic Debt Crisis In America: 63 Of America’s Largest 75 Cities Are COMPLETELY BROKE
By Mac Slavo The debt crisis in the United States of America has reached apocalyptic proportions. A new and horrifying report details the reason why…
“Map of Deadbeat Debtors”: China Launches New App That Turns Citizens Into Snitches
By Elias Marat Officials in China have launched a new app that notifies users if someone within 500 yards of them is in debt. Dubbed…
Global Debt Surpasses 244 Trillion Dollars As “Nearly Half The World Lives On Less Than $5.50 A Day”
By Michael Snyder The borrower is the servant of the lender, and one of the primary ways that the elite keep the rest of us…
Thanks to Their Student Loans, Millennials Expect to Die in Debt
By Chloe Anagnos Adulting, the now common idiom goes, is hard. And to many millennials, the grim realization that debt will always be part of…
The $1.2 Trillion College Debt Crisis Is Crippling The Economy
By Mac Slavo A whopping two-thirds of American college students graduate school already deeply in debt. But the decision to go into debt to pay…
American Credit Card Debt At All-Time Highs As Interest Rates Continue To Rise
By Mac Slavo Americans are carrying a record amount of credit card debt, according to a new study. The average American family has about $7000…
Historic Debt Is At The Core Of Our Economic Decline
By Brandon Smith As I predicted just after the 2016 presidential election, a sordid theater of blame has exploded over the state of the U.S….
Trump Administration on Track for $1 Trillion Budget Deficit This Year
By Michael Maharrey The Trump administration is on track to post a 2019 fiscal year budget deficit of over $1 trillion. These are the kind…
5 Reasons to Worry About Soaring Federal Debt
By Chris Edwards The US Treasury reports that the federal budget deficit was $779 billion in fiscal 2018. The deficit is caused by spending in excess of…
Debt Rises: The Government Will Soon Spend More On Interest Than on The Military
By Mac Slavo As debt and interest rates rise, the government is about to be in a disastrous situation. Very soon, they will spend more money…
Feds Set New Spending Record in August: The Swamp is Overflowing
By Michael Maharrey Donald Trump promised to “drain the swamp,” but as Peter Schiff put it, “The swamp is now bigger and more expensive than…
U.S. Bankruptcies Soars As The Country Grapples With An Unprecedented Debt Problem
By Michael Snyder America, you officially have a debt problem, and I am not just talking about the national debt. Consumer bankruptcies are surging, corporate…