2019 is precisely 90 years from start of Great Depression. Not a prediction, just an interesting and slightly unnerving fact. Add in wealth gap, record asset prices, record debt etc etc etc. Lot of similarities t.co/LOZlb0EthF
— Know Your Risk Radio (@KYRRadio) May 9, 2018
This is great for an #economy that is 70% consumption 🤦🏼♂️ pic.twitter.com/1p2uEyiNmu
— OW (@OccupyWisdom) May 9, 2018
THE PATHWAY TO #ECONOMIC GROWTH pic.twitter.com/Hi9ksFQ29g
— OW (@OccupyWisdom) May 8, 2018
Due to 5,000 year lows in interest rates, in 2011 the US was able to triple the debt but keep the payments the same as in 1998. With interest rates rising (but still historically low) in 2017 the US paid the highest interest payment on the debt in history
— OW (@OccupyWisdom) May 9, 2018
Student debt just hit $1.5 trillion
Argentina on brink of ECONOMIC MELTDOWN as inflation soars and …
The nation eventuality defaulted on £59 billion of sovereign debt – the biggest in history – and although its last IMF loan was paid down in 2006, the country .
Argentina looks to be headed for another economic storm
China Junk Bonds May See More Losses After Yields Jump to 8%
CBO forecasts largest-ever monthly surplus as record tax receipts pour …
The prior record for receipts was $472 billion in April 2015. … The CBO recently estimated the full-year deficit would be $804 billion, and that trillion-dollar