Submitted by Tyler Durden While on the surface the US economy has been chugging along from GDP-crashing “snow in the winter” to GDP-cratering “warmer|cooler than expected weather in the spring|summer|fall“, with bouts of GDP-boosting inventory accumulation […]
GROWING SUB-PRIME POPULATION with Charles Hugh Smith & Gordon T Long In this 28 minute video Gordon T Long and Charles Hugh Smith discuss through the aid of 23 slides the growing sub-prime population in […]
by John Rubino As incomes stagnate and prices rise, a growing number of Americans face a tough choice: either descend a couple of rungs on the lifestyle ladder or borrow to keep it together. Many […]
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