Nearly 7 Million Households Could Face Eviction Without Financial Assistance
As many as 6.7 million rent-burdened households could face eviction once enhanced federal unemployment insurance expires at … Read more
households
Nope! Your white-collar job isn’t safe!! Most households are near broke. Money printing doesn’t fix the economy.
Nope! Your white-collar job isn’t safe!! t.co/p675Mquceh — Cédric Sam (@cedricsam) June 3, 2020 Red … Read more
Americans households are about to get hit by a devastating wave of bankruptcies
Unemployment is soaring due to the coronavirus pandemic and a wave of consumer bankruptcies is … Read more
The damage is done. Most small businesses will not come back, nor will jobs. Nearly half of U.S. households have lost income since the coronavirus pandemic prompted economic lockdowns
The damage is done. Most small businesses will not come back, nor will jobs. t.co/2kiUuGFOz7 … Read more
The bottom 50% of consumers wasn’t in great shape before this recession. Now, 15% of households expect to be delinquent on their loans in the next 3 months.
by UPFINA Heading into this recession, consumers were in relatively good shape on a historical basis. … Read more
Coronavirus Job Losses & Pay Cuts Are Hitting These Households the Hardest; 11% of Global CEOs Fear Their Business Won’t Survive Coronavirus
11% of Global CEOs Fear Their Business Won’t Survive Coronavirus Over half of CEOs … Read more
British Households Told to Prepare for BLACKOUTS As Lockdown Goes On
British households have been told to prepare for blackouts by keeping torches and warm clothes … Read more
“40% of U.S. households don’t have $400 for an emergency expense, and 53% don’t have any emergency savings.”
"40% of U.S. households don’t have $400 for an emergency expense, and 53% don’t have … Read more
U.S. Business Debt Exceeds Households’ for First Time Since 1991
(Bloomberg) — Explore what’s moving the global economy in the new season of the Stephanomics … Read more
70% of Immigrant Households are on Welfare
via breitbart: More than 7-in-10 households headed by immigrants in the state of California are on … Read more
Pretty crazy the bottom 50% of households owe 36% of all debt but only own 6% of assets. Their growth in liabilities have been outpacing income growth for several decades.
Pretty crazy the bottom 50% of households owe 36% of all debt but only own … Read more
69 Percent Of U.S. Households “Are Preparing For A Possible Recession”
by Michael Snyder Do you believe that a recession is coming? If so, you certainly … Read more
WHY THERE WAS NO MENTION OF THE ECONOMY AT THE DEMOCRATS’ DEBATE: Over a Million Households Climbed to Middle Class Under Trump, Census Data Shows.
via theepochtimes: More than 1.2 million American households moved to above $50,000 in annual income between … Read more
Scary chart from BCA: Chinese households are now more leveraged than US households.
via Jimmy Su: Consensus thinks that the China consumption story is driven by the “rising … Read more
Chinese households went from 20% of GDP in terms of debt in 2009 to now roughly 50% of GDP so that’s 30% of GDP & most of this leveraging started around 2014.
via @Trinhnomics: Meanwhile, Latin American households not so indebted, esp Mexicans!!!
Let’s look at debt service ratios of households around the world
via @Trinhnomics: a) Euro area better obvs thanks to NIRP; b) USA & Japan got BETTER … Read more