by FS Paying Back College Loans Student debt has topped $1.5 trillion in the US, and many are concerned about their ability to both pay for college and cope with loans after graduation. But it isn’t as dire as some imagine. If a person’s total debt at graduation is less than their starting salary, they … Read more
BY JOHN MAULDIN I recently released a series of articles about the looming crisis I call “the Train Wreck”, which received a lot of attention and comments. Some of my readers view this crisis as being a repeat of the 2008 fiasco. That’s partly right. We will have a painful economic and market downturn, but the causes will be … Read more
by Brian Maher of Daily Reckoning Another crack forms in the globalist edifice… The Dow Jones plunged nearly 400 points yesterday. The S&P dropped 31… the Nasdaq, 37 Bank stocks took the mightiest wallops — J.P. Morgan, Goldman Sachs, Morgan Stanley, Citigroup and Bank of America all fell over 3%. Why bank stocks? And why is … Read more
The Mueller investigation into Russia colluding with the Trump campaign was started with FBI paid spies. Congressman Trey Gowdy calls them “informants,” but other top former federal prosecutors call them spies that were hired to plant phony evidence to try and get Trump kicked out of office. Roseanne Barr was fired from her show, and … Read more
https://twitter.com/OccupyWisdom/status/1002341183128002561 Not an ounce of me hates it. But there will be a lot of people that go completely broke as a result h/t OccupyWisdom
https://twitter.com/OccupyWisdom/status/1002280471668158469 'While the typical student borrower owes $17,000, the number of those who owe at least $100,000 has risen to around 2.5 million, nearly 6% of the borrowing pool" https://t.co/O3aDpPVyUF pic.twitter.com/JWxJlLyoEG — Trevor Noren (@trevornoren) May 31, 2018
I was thinking that we are in the beginning of the deflationary phase with credit markets beginning to fail. But she raised an interesting point; if things start to fail central banks can move on and print more money. Only when countries and corporations no longer can service near 0 interest rates this insanity will … Read more
via Mises Institute: Was there an inevitability that the Fed would mutate over time and become a tool irrevocably committed to unsustainable weak-money policies designed to benefit the extremely few and the expense of the very many? Yes. There is a reason all forms of fiat currency every produced have always failed. Once they are … Read more
https://www.youtube.com/watch?v=suZaNNALLmU A whistleblower/ Starbucks manager joins Alex Jones live over the phone to exclusively reveal the political correct brainwashing they received at the Starbucks racial sensitivity training session.
This is sad to see as the “new standard.” The term of auto loans is increasing as well. A lot of loans today are originated on 72 or 84 month repayment schedules, which is absolutely insane. via CNBC: The average monthly loan payment for a new vehicle hit an all-time high of $523 in the … Read more