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 […]
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 […]
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 […]
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 […]
by Michael If you are going to go out, you might as well do it with a bang. At the beginning of June, our national debt was sitting at $31,467,639,287,894.39. Today, it has risen to $33,442,148,619,617.43. […]
by Michael We are being warned that there could be some real serious economic doom at the beginning of next month if the Democrats and the Republicans cannot agree on a deal to raise the debt […]
Yellen Warns Treasury To Run Out Of Cash As Soon As June 1 Absent Debt Ceiling Deal BY TYLER DURDEN MONDAY, MAY 01, 2023 – 02:03 PM In a long-awaited update from Janet Yellen, shortly […]
By Greg Hunter’s USAWatchdog.com Precious metals expert and financial writer Bill Holter has been predicting the financial system is going to go down sooner than later. He says the signs are the lies being told to […]
by Egon von Greyerz There are lies, damned lies, and economists. Whether these economists work for the government or a bank, they spend all their time on the computer extrapolating current trends with minor adjustments. […]
by Tyler Durden At the beginning of April, JPMorgan’s Nikolaos Panigirtzoglou pointed out something unexpected: in a time when everyone was stressing out over the upcoming inversion in the Treasury yield curve, the JPM analyst showed that the […]
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