A Quarter Of All Personal Income In The US Now Comes From The Government
By Tyler Durden Following today’s release of the latest Personal Income and Spending data, Wall Street was predictably focused on the changes in these two…
Economic Collapse
Thinking About Downsizing? Here Are Top Most Popular States For Tiny Home Living
By Tyler Durden Most Americans aren’t prepared for an extended slowdown in the economy. To prepare, one must cut expenses, build savings, and even downsize. There’s…
Why the Central Bank “Bailout of Everything” Will Be a Disaster
By Daniel Lacalle Despite massive government and central bank stimuli, the global economy is seeing a concerning rise in defaults and delinquencies. The main central…
Mortgage Delinquencies Surge To Nine-Year High
By Tyler Durden The worst is yet to come for the real estate market as home-mortgage delinquencies surged to their highest level in nine years…
30% Of Americans Didn’t Make Their Housing Payment In June
By Tyler Durden A stunning 30% of Americans didn’t make their housing payment for June – a figure that is likely going to ripple through…
Nearly Half Of Americans Consider Selling Home As COVID Crushes Finances
By Tyler Durden As the virus pandemic has metastasized into an economic downturn, tens of millions of Americans have lost their jobs and are struggling to…
Wealthy Homeowners In “Mad Rush” To Flee San Francisco
By Tyler Durden “There’s a mad rush to get out of the city,” said Ginger Martin, a real estate agent with Sotheby’s who concentrates on…
Americans Skip MILLIONS of Payments In Aftermath Of Government-Imposed Lockdowns
By Mac Slavo The worst is yet to come. Americans have skipped payments on more than 100 million student loans, auto loans, and other forms…
Globalists Reveal That The “Great Economic Reset” Is Coming In 2021
By Brandon Smith For those not familiar with the phrase “global economic reset”, it is one that has been used ever increasingly by elitists in…
Almost 46 Million Americans Have Now Filed For Unemployment Claims Since Lockdowns Began
By Tyler Durden Despite the hope-restoring nonfarm payrolls “recovery” and the over-hyped bounce in retail sales (ignoring the lack of ‘V’ in industrial production), in…
85% Of Independent Restaurants Could Go Out Of Business By The End Of 2020: Report
By Mayukh Saha The pandemic-caused lockdowns have caused many businesses to incur heavy losses. Independent restaurants have taken a particularly massive hit, as they can…
As U.S. Cities Crumble, Demand For Rural And Suburban Properties Is Soaring
By Michael Snyder Have the events of 2020 caused you to consider moving somewhere else? If so, you are definitely not alone. The COVID-19 pandemic,…
New Jersey Tax Collections Crater By A Record 29%, Warns Of More Pain As Stimulus Ends
By Tyler Durden If New Jersey is indicative of states’ fiscal health across the nation, then state bailouts are imminent. According to the Garden State…
Third Of Renting Americans Worried About Next Payment As “Recovery” Hopes Fade
By Tyler Durden An alarming number of Americans are having trouble making rent payments amid a period of high unemployment and an unfolding depression across…