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THE WOLF STREET REPORT: American Debt Slaves in the Weirdest Economy Ever
THE WOLF STREET REPORT: American Debt Slaves in the Weirdest Economy Ever During the Financial Crisis, consumers deleveraged by walking away from their debts. And now, with 20 million people still claiming unemployment insurance? (You can also download THE WOLF STREET REPORT wherever you get your podcasts).
From a Hamilton Moment to Perpetual Debt Slaves: This Is the True Face of the EU
From a Hamilton Moment to Perpetual Debt Slaves: This Is the True Face of the EU Over the summer while the U.S. was mired in the worst kind of color revolution with race riots, economic shutdowns and the worst kind of divisive politics, the European Union was celebrating its great achievement. A seven-year budget and […]
State of the American Debt-Slaves, Q3 2020: The Stimulus & Forbearance Phenomenon
State of the American Debt-Slaves, Q3 2020: The Stimulus & Forbearance Phenomenon Auto loans jump after historic price spikes. Credit cards still in stimulus wonderland. Student-loan borrowers count on debt forgiveness, mmmkay. Consumers have undertaken an astounding project instead of consuming: Paying down their credit cards. In September, outstanding balances of credit cards and other […]
The True Size Of The U.S. National Debt, Including Unfunded Liabilities, Is 222 Trillion Dollars
The True Size Of The U.S. National Debt, Including Unfunded Liabilities, Is 222 Trillion Dollars The United States is on a path to financial ruin, and everyone can see what is happening, but nobody can seem to come up with a way to stop it. According to the U.S. Treasury, the federal government is currently 22 […]
America Is Committing Suicide: Over The Past 12 Months, The U.S. National Debt Has Increased By 1.271 Trillion Dollars
America Is Committing Suicide: Over The Past 12 Months, The U.S. National Debt Has Increased By 1.271 Trillion Dollars If we do not change course, our once great nation will be destroyed by a debt that has grown wildly out of control. We are facing an unprecedented debt crisis that literally threatens to bring our […]
Destroying America: It Is Being Projected That The U.S. National Debt Will Hit 99 Trillion Dollars By 2048
Destroying America: It Is Being Projected That The U.S. National Debt Will Hit 99 Trillion Dollars By 2048 Temporary prosperity that is created by exploding levels of debt is not actually prosperity at all. At this moment, the U.S. government is 21.4 trillion dollars in debt, and we have been adding an average of more […]
Why America Is Heading Straight Toward The Worst Debt Crisis In History
Why America Is Heading Straight Toward The Worst Debt Crisis In History Today, America is nearly 70 trillion dollars in debt, and that debt is shooting higher at an exponential rate. Usually most of the focus in on the national debt, which is now 21 trillion dollars and rising, but when you total all forms […]
Is Washington Nuts? Increasing Spending AND Cutting Taxes Will EXPLODE The Size Of The National Debt
Is Washington Nuts? Increasing Spending AND Cutting Taxes Will EXPLODE The Size Of The National Debt Our national debt is rapidly approaching 21 trillion dollars, and yet Congress wants to follow up a large tax cut bill with a massive increase in federal spending. This is absolute madness, and it is going to make our […]
The State of the American Debt Slaves
The State of the American Debt Slaves It was one gigantic party. But wait… Total consumer credit rose 5.4% in the fourth quarter, year over year, to a record $3.84 trillion not seasonally adjusted, according to the Federal Reserve. This includes credit-card debt, auto loans, and student loans, but not mortgage-related debt. December had been […]
How US Debt Slaves Get Trapped by “Deferred Interest”
How US Debt Slaves Get Trapped by “Deferred Interest” But over the next 2 months, they’ll try to prop up US retailers and the entire global economy. Credit cards play a huge role in what the US retail industry hopes will be a $682-billion splurge by Americans over the holiday selling season. Already, total revolving […]
78 Percent Of U.S. Workers Are Living ‘Paycheck To Paycheck’ And 71 Percent Of Them Are In Debt
78 Percent Of U.S. Workers Are Living ‘Paycheck To Paycheck’ And 71 Percent Of Them Are In Debt Are you living paycheck to paycheck? Is so, you are just like most other hard working Americans. As you will see below, 78 percent of full-time workers in the United States say that they are living paycheck […]
Will America’s Prosperity Be Completely Wiped Out By Our Growing Debt?
Will America’s Prosperity Be Completely Wiped Out By Our Growing Debt? The federal government is now 20.4 trillion dollars in debt, and most Americans don’t seem to care that the economic prosperity that we are enjoying today could be completely destroyed by our exploding national debt. Over the past decade, the national debt has been […]
How The Elite Dominate The World – Part 2: 99.9% Of The Global Population Lives In A Country With A Central Bank
How The Elite Dominate The World – Part 2: 99.9% Of The Global Population Lives In A Country With A Central Bank Even though the nations of the world are very deeply divided on almost everything else, somehow virtually all of them have been convinced that central banking is the way to go. Today, less […]
