by Daisy Luther, The Organic Prepper The government of Sweden has produced a 20-page pamphlet which they’ll be sending to each of the 4.8 million households in the country urging them to get prepared for…WAR. Although they haven’t been at …
via Jill Mislinski The latest household debt for Q1 2018 was up 0.5% from Q4 and currently at $13.21T and at its peak. Here is an excerpt from the latest press release: NEW YORK—The Federal Reserve Bank of New York’s Center …
by Shaun Richards We have reached a stage where the UK establishment is paying more and more attention to household debt issues. This reminds me of the explanation of the bureaucratic response to such issues explained by Yes Prime Minister. …
by Dana Lyons The percentage households’ financial assets currently invested in stocks has surged further, now exceeded only by the blow-off portion of the 2000 dotcom bubble. Updating one of our favorite data series from the Federal Reserve’s latest Z.1 Release, …
Roach Says The Economy Is Not Sound Former Morgan Stanley Chief Economist and Yale Economist Stephen Roach is sounding the alarm on U.S. deficit and savings rate and calling it an accident waiting to happen here … “The way I look at …
By Michael Snyder Once upon a time the United States had the largest and most vibrant middle class in the history of the world, but now the middle class is steadily being eroded. The middle class became a minority of …
We all know that debt amongst households in the United States has been on the increase over recent years. There are many people who are struggling with debt and cannot see the light at the end of the tunnel. If …
By Michael Snyder We are living in the greatest debt bubble in the history of the world. In 1980, total government and personal debt in the United States was just over the 3 trillion dollar mark, but today it has …
by GoldCore – Easy credit offered by UK banks is endangering “everyone else in the economy” – UK banks are “dicing with the spiral of complacency” again – Bank of England official believes household debt is good in moderation – …
by Umar Farooq One of the rarest precious metals, typically used in automobile exhaust systems to make emissions more clean, has a surging spot price. It climbed the past seven months and is up 32 percent this year, outperforming …
U.S. debt is on the rise and could reach a milestone level sometime in 2017. Student debt has risen for 18 consecutive years, and subprime loans are a growing worry in another sector. See these charts to understand the threat. …