Do Credit Cards Affect Our Brains
Buying with plastic doesn’t just eliminate a barrier to buying. It actively encourages purchases. After repeated credit-card purchases over time, the brain learns to…
Continue readinghousehold debt
Americans Are Taking On Debt As If Tomorrow Will Never Come
After being showered with trillions upon trillions of dollars by the federal government, you would think that most Americans should be in pretty good financial condition…
Continue readingIt Is Time To Remove The Debt Barrier To Economic Growth
Debts that cannot be paid won’t be. Widespread foreclosures and evictions would further…
Continue readingDark Money Will Push Gold Higher
It’s only a matter of time before gold has a catch-up rally…
Continue readingCONSUMER CONFIDENCE FALLS, BUT CONSUMER SPENDING REMAINS HIGH
Consumers have been losing confidence in the markets, yet they haven’t curtailed their spending, mostly because of increasing debt…
Continue reading60 Percent Of Americans Believe A Recession Is Coming – But Consumers Continue To Pile Up Debt
We haven’t seen survey results like this since just before the last recession…
Continue readingPeter Schiff: The Fed Is Unable To Delay A Recession Any Longer
It was a “huge mistake” for the Federal Reserve to cut interest rates last month…
Continue readingDEBT SLAVERY: US HOUSEHOLD DEBT REACHES ALL TIME HIGH OF $13.6 TRILLION
U.S. household debt has hit yet another all-time high, with about $97 trillion in housing debt and about $4 trillion in non-housing debt…
Continue readingAUTO LOAN DELINQUENCIES SPIKE TO GREAT RECESSION LEVELS
People are increasingly failing to make payments on their vehicle loans, and now the delinquencies are at crisis levels. Here are the details…
Continue readingAre Gold Bulls About To Be Saved By Increasing Risks Of Leveraged Loans And Total Debt?
The Fed is ringing the alarm over the increase in leveraged loans and corporate debt. Here’s what it means for Gold Bulls…
Continue readingDEBT BURDEN: Every Man, Woman & Child In America Owes $220,000
Are you ready to cough up $220,000 to pay your share? One of the reasons why a day of reckoning for the U.S. economy is inevitable is because…
Continue readingFund Manager: A Debt-Riddled System That Is Hitting The Wall
The Fed always understates risks in the system, but Dave Kranzler explains that what’s really going on is a debt-riddled system hitting a wall…
Continue readingThese Billionaires Are Issuing Terrifying Warnings About Global Debt Levels
With all types of debt at all-time record highs, this is going to end badly, and now these billionaires are issuing some terrifying warnings…
Continue readingJohn Rubino: Maxed Out Credit – As Goes The Family, So Goes The Nation
Our economy’s health is not truly what we’re being told by govt or the MSM. Financial crisis is coming. There’ll be winners and losers. Here’s John to explain…
Continue readingUnpaid Credit Card Bills, Involuntary Account Closings And Rejected Credit Applications All Rising
More evidence keeps coming in that the economic downturn is here, like these developments in the world of consumer credit. Here are the details…
Continue readingFund Manager: Powell Just Signaled That The Next Crisis Is Here
Dave Kranzler shares not only multiple examples of a weak economy, but he also shares how Fed Chair Powell just signaled the next crisis is here…
Continue readingThe People Who Calculate FICO Scores Are A BUNCH OF IDIOTS!
Simon Black has a few choice words for the new changes that have been implemented when calculating FICO (credit) scores…
Continue readingNomi Prins: 4 Pillars Of Debt In Danger Of Collapse
Our economy rests upon these four crumbling pillars of debt. If one of these collapses, the entire superstructure may not be far behind…
Continue readingThe Student Loan Debt Implosion Vs. Attending College On The Cheap
TraderStef says college is getting more expensive, but there is a solid method to the madness of affordability. Here are the details…
Continue readingFund Manager: The Economy Is Collapsing Under The Weight Of Unbearable Debt
Dave Kranzler says to ignore the Kabuki theater in Washington and the hype on Wall Street because the economy is collapsing. Here are the details…
Continue reading