American Credit Card Debt At All-Time Highs As Interest Rates Continue To Rise
By Mac Slavo Americans are carrying a record amount of credit card debt, according to a new study. The average American family has about $7000…
Economic Collapse
Historic Debt Is At The Core Of Our Economic Decline
By Brandon Smith As I predicted just after the 2016 presidential election, a sordid theater of blame has exploded over the state of the U.S….
U.S. Accused Of “A Declaration Of War” Against China As Stock Market Teeters On The Precipice Of Disaster
By Michael Snyder Things are sure getting wild on Wall Street. On Thursday, the Dow Jones Industrial Average plummeted almost 800 points before roaring back…
Somebody Pressed The Panic Button – Bank Stocks And Tech Stocks Crash As The Yield Curve Inverts
By Michael Snyder Stocks aren’t supposed to crash in December. Most of the time we see a nice “Santa Claus rally” to close out the…
3 Things That Happened Just Before The Economic Crisis Of 2008 That Are Happening Again Right Now
By Michael Snyder Real estate, oil and the employment numbers are all telling us the same thing, and that is really bad news for the…
Much Worse Than Expected: Experts Shocked As New Home Sales Plunge 8.9 Percent
By Michael Snyder The U.S. economy is definitely deviating from the script, and we just got more evidence that “Housing Bubble 2” is bursting. Experts…
How a Fragile Euro May Not Survive The Next Crisis
By Brendan Brown A big US monetary inflation bang brought the euro into existence. Here’s a prediction: It’s death will occur in response to a…
“The Outlook For The Global Economy Has Deteriorated”: Oil, Copper And Lumber Are All Telling Us The Next Economic Downturn Is Here
By Michael Snyder Oil, copper and lumber are all telling us the exact same thing, and it isn’t good news for the global economy. When…
Dollar In Crisis Mode: China Just Dumped A LOAD Of US Treasuries AGAIN
By Mac Slavo China has just dumped its biggest load of United States treasuries in 8 months. China’s share of US Treasuries holdings had the highest…
11 Signs That The U.S. Economy Is Starting To Slow Down Dramatically
By Michael Snyder The pace at which things are changing is shocking the experts. Just a few months ago, many of the experts were still…
The Fed Will Continue Tightening Until Everything Breaks
By Brandon Smith Around three years ago, in September 2015, I wrote an article titled “The Real Reasons Why The Fed Will Hike Interest Rates“in…
The Economy Does Not Care Who Won The Midterm Elections
By Brandon Smith Over the past few weeks I received numerous requests from readers to publish my predictions on the outcome of the midterm elections,…
In California, Home Sales Are Plunging Like It Is 2008 All Over Again
By Michael Snyder What goes up must eventually come down. For years, the California housing market was on the cutting edge of “Housing Bubble 2”…
How (Not) To Pop A Bubble
By James Corbett It may not have been the craziest headline that the Trump whirlwind has generated in recent months, but you might have seen…