China Fortune Land Development Co. Ltd. and its subsidiaries have defaulted on billions of yuan in debt as the property developer has struggled to scrape together cash amid a tightening
Debt is growing fast at this time. Whether it is student loans, student debt or credit cards, mortgages, line of credit. All are growing rapidly. This is also happening on
by confoundedinterest17 (Inman) About 1.6 million residential properties in the U.S., or about 1.6 percent of all homes, are currently vacant, according to a new report from Attom Data Solutions. The Midwest
by confoundedinterest17 Or stay with your family? Or live in your parents’ basement? In January, much of the stimulus to households (CARES Act) wears out. New forbearance plans have flattened after the Covid spike
From Birch Gold Group The economic effects of the COVID-19 pandemic and recent Fed monetary policy continue to reveal themselves. The latest “reveal” that’s taking center stage is risky corporate leveraged loans, with defaults soaring to their
U.S. Corporate Debt Soars to Record $10.5 Trillion U.S. corporations owe 30 times as much debt as 50 years ago, according to BofA Global. Here’s a look at who owns
The Income Generation, Released on 8/16/20 *This interview was recorded on August 16th Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a
(Bloomberg) — Despite the coronavirus and millions of jobless claims driving the U.S. economy deeper into recession, the flood of credit card delinquencies that some predicted has yet to materialize.
CORPORATE DEFAULTS ☠ pic.twitter.com/mHPEOYA3Hj — Win Smart, CFA (@WinfieldSmart) July 17, 2020 MORTGAGE DELINQUENCIES 👇 pic.twitter.com/cfa0HDUMSP — Win Smart, CFA (@WinfieldSmart) July 17, 2020 U.S. BANKRUPTCIES 👇 pic.twitter.com/f74YC6Fall — Win
BY JOHN RUBINO Nomi Prins: Gold and debt go up together … Alasdair Macleod: Dollar destruction & a golden Chinese currency … Doug Casey: I would bet on this … William
This is where I believe we start to see the fractures in the economy,that may affect the markets. Business hotel defaults,large Mall bankruptcies,loan defaults,in a few months this start kicking
by: Keith Weiner We are reading now about possible regulations for air travel. In brief: passengers might be forced to spend hours at the airport. Authorities will perform medical checks, including
by Martin Armstrong In the Gulf, states are facing bankruptcy. Oman can hardly even pay his electricity bill. The IMF has been now lobbying to defer emerging-market debt for one year. We have been
The crash in international crude prices has not only burnt small Chinese investors who bought wealth management products from one of China’s largest banks but also a listed oil and
(bloomberg) Retail landlords are sending out thousands of default notices to tenants, a situation that could tip already-ailing retailers into bankruptcy or total collapse. Department stores, restaurants, apparel merchants and
Emerging market defaults are coming pic.twitter.com/zlA71zOWoN — Win Smart, CFA (@WinfieldSmart) May 12, 2020 Emerging markets vulnerability pic.twitter.com/YuSo7LAUkl — Win Smart, CFA (@WinfieldSmart) May 5, 2020