By Tyler Durden While it is traditionally viewed as a B-grade economic indicator, the August consumer credit report from the Federal Reserve was another shocker…
By Michael Snyder Our politicians in Washington are literally destroying our future. But do you see anyone out in the streets protesting their calamitous policies?…
By Michael Boldin Washington, Jefferson, Madison – their warnings on a massive, permanent national debt have been totally ignored. And until they’re heeded, things are…
By Tyler Durden A high debt-to-GDP level and over $30 trillion in public debt have become a massive problem and a political hot potato in…
By Brad Polumbo Inflation still isn’t letting up, and it’s a top concern for Americans right now. But we just learned of yet another way…
By Tyler Durden In June we reported that consumer credit – particular revolving credit – was through the roof, as tapped-out consumers relied on credit…
By Alexa Schwerha Federal watchdog group sounded the alarm that student loan payment suspensions could cost the Department of Education $197 billion. Currently, $1.4 trillion…
By Stefan Gleason So much for “inflation reduction.” Just a few days after signing Green New Deal legislation, rebranded as the Inflation Reduction Act, President…
By B.N. Frank In April 2021, Activist Post highlighted a ProPublica investigation of high-interest “Clean Energy” PACE loans and their lenders. Thanks to ProPublica for…
By Tyler Durden Though progressives routinely express horror over that idea that the federal government profits from student loans, a new analysis by the government’s…
By Tyler Durden The US economy is a 70% retail and service economy, which means it is entirely reliant on continued growth in domestic consumption…
By Tyler Durden The Great Debt Jubilee is picking up speed: China’s homebuyer mortgage boycott, which prompted Beijing to scramble to avoid a potentially devastating…
By Tyler Durden In May 2022, the South Asian nation of Sri Lanka defaulted on its debt for the first time. The country’s government was given a…
By Tyler Durden On average, European Union countries had a gross government debt of roughly 88 percent of GDP in 2021. However, as Statista’s Katharina Buchholz details…