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Tag Archives: savings
Spend A Little, Live A Lot
Spend A Little, Live A Lot Most people want to live a life of extravagance but their meager paychecks often fall far short of reaching that happy place. As a result they are forced to borrow their way to their imagined happiness causing them great financial stress along the way. People have been sold on the […]
Use of Alternative Financial Services, Such as Payday Loans, Continues to Increase Despite the “Recovery”
Use of Alternative Financial Services, Such as Payday Loans, Continues to Increase Despite the “Recovery” Families’ savings not where they should be: That’s one part of the problem. But Mills sees something else in the recovery that’s more disturbing. The number of households tapping alternative financial services are on the rise, meaning that Americans are […]
None Dare Call It Fraud—–Its Just A “Savings Glut”
None Dare Call It Fraud—–Its Just A “Savings Glut” They were jawing again this morning about the low “natural rate” of interest on bubble vision, implying that the workers of the world have succumbed to an atavistic fit of wild-eyed thrift. Gosh, the world is so inundated in a savings glut, averred Wall Street economist Ed McKeon, that the interest rate would […]
The American Dream – Moonshine and Scam
The American Dream – Moonshine and Scam Infection When we left you yesterday, we were trying to connect the bloated, cankerous ankles of the US economy to the sugar rush of its post-1971 credit-based money system. Today, we look at the face of our government. It is older… with more worry lines and wrinkles. But […]
14 Signs That Most Americans Are Flat Broke And Totally Unprepared For The Coming Economic Crisis
14 Signs That Most Americans Are Flat Broke And Totally Unprepared For The Coming Economic Crisis When the coming economic crisis strikes, more than half the country is going to be financially wiped out within weeks. At this point, more than 60 percent of all Americans are living paycheck to paycheck, and a whopping 24 […]
3 In 5 Americans Don’t Have Savings To Cover Unexpected Bills
3 In 5 Americans Don’t Have Savings To Cover Unexpected Bills While various CNBC anchors may be willing to say that the US is “growing gangbusters” yet again confusing the liquidity-oozing equity markets with the economy, there are a couple hundred million Americans who would bet to differ (which incidentally may also explain why the […]
Joe Oliver Looks On The Bright Side Of Low Oil Prices
Joe Oliver Looks On The Bright Side Of Low Oil Prices. Increased consumer spending and additional money for savings are two of the benefits to lower oil prices, federal Finance Minister Joe Oliver has told CBC News, sounding a reassuring note about how plummeting oil prices will affect the Canadian economy. Oil prices have dropped […]
Dan Amerman: Will Our Private Savings Be Sacrificed To Pay Down The Public Debt? | Peak Prosperity
Dan Amerman: Will Our Private Savings Be Sacrificed To Pay Down The Public Debt? | Peak Prosperity. Recently, an article by Daniel Amerman caught our attention. Titled Is There A “Back Door” Method For The Government To Pay Down The Federal Debt Using Private Savings?, it details the process known as financial repression, where sovereign debts […]
