Financial
A WORLD OF DEBT
Via TBP The chart below paints a disturbing picture for the world, and particularly for the American empire. The 2010 Reinhart and Rogoff study on debt-to-GDP found that when a country’s public debt exceeds 90% […]
American Debt Crisis
Financial
The Bubble Is Bursting: Delinquency Rates Have Doubled And Credit Card Defaults Are Soaring
by Michael Did you know that U.S. households are carrying $1.18 trillion in credit card debt? Considering the fact that the average rate of interest on credit card balances is now over 20 percent, that is […]
Wealth Abuse
Budget Group Says the Actual Federal Debt Is $158.6 Trillion
by Casey Harper (The Center Square)–As Americans file their taxes at the last minute this April 15, the federal debt – and Americans’ federal debt burden – continues to grow. While the federal government reports a […]
Financial
Our 101 Trillion Dollar Problem: This Is The Number One Tool The Elite Use To Enslave Us
by Michael Right now, a tremendous awakening is happening as people all over the world become educated about the tools that the elite use to enslave us to their system. The number one tool that they […]
Commentary
Thanks To The Cost Of Living Crisis, U.S. Household Debt Has Soared To The Highest Level Ever Recorded
by Michael Our entire economy is fueled by debt. In fact, if going into more debt was suddenly banned the U.S. economy would instantly hit a brick wall. For the vast majority of us, our lifestyles […]
Financial
Tens Of Millions Of Americans Are “Trapped” In An Endless Cycle Of Debt That Is Sucking The Life Out Of Them Financially
by Michael Did you know that U.S. households are 17,690,000,000,000 dollars in debt? Of course household debt is only one part of a much larger story. The federal government is 34 trillion dollars in debt, state […]
Financial
Delinquency Rates Are Spiking! Has The Final Meltdown Of The U.S. Consumer Now Begun?
by Michael According to the New York Fed, total household debt in the United States increased by 212 billion dollars during the fourth quarter of 2023. It is now sitting at a grand total of 17.5 […]
Financial
US facing ‘death spiral’ of swelling debt – Nassim Taleb
Via RT Only a “miracle” can reverse the problem, the renowned economist believes The burgeoning US debt pile is akin to a “death spiral” that only a “miracle” could extract the country from, economist and ‘Black Swan’ author Nassim […]
Freedom
The Government Debt Crisis That We Have Been Warned About For Decades Is Happening Right Now
by Michael For decades we were warned that someday our politicians would push things too far. We were warned that someday our national debt would spiral out of control, servicing that debt would become extremely oppressive […]
Financial
Americans Are Absolutely Drowning In Debt, And This Really Is The Worst Debt Crisis In All Of U.S. History
by Michael I truly wish that headline was an exaggeration. Unfortunately, for decades Americans have been extremely irresponsible with their finances. As a result, credit card debt is at an all-time high, auto loan debt is […]