When Risk and Opportunity Become Personal

by Charles Hugh-Smith The opportunity to lower our exposure to risk is always present in some fashion, but embracing this opportunity becomes critical when precarity and change-points rise like restless seas. The Chinese characters that comprise the equivalent of “crisis” …

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Personal Financial Checklist

by allthedifference   Make your job your number one priority. Be at work on time, work hard, contribute, don’t cause problems, keep your employer informed if you do have to miss work (try not to). Read the employee handbook and follow …

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Personal income and spending, Border closing

by WARREN MOSLER Income and spending both weakening: Income: Ratcheting down with each setback: Spending: Highlights Consumer spending in January wasn’t able to meet Econoday’s consensus, up only marginally at 0.1 percent even against the easy comparison of December which …

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What Makes Americans Take Out Personal Loans?

by howmuch Personal loans are an increasingly popular product, and people are using them to either consolidate some other type of debt, cover an emergency or fuel irresponsible consumption. That’s according to an in-depth study from LendingTree, which looked at anonymized …

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Personal loans surge to a record $138 billion in US as fintechs lead new lending charge

https://www.cnbc.com/2019/02/21/personal-loans-surge-to-a-record-138-billion-in-us-as-fintechs-lead-new-lending-charge.html Total outstanding U.S. consumer loans hit a new record last year, driven by digital-first lending options. Financial technology, or fintech, companies now make up 38 percent of the personal loan market — up from just 5 percent five years …

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