Say Goodbye To The Middle Class: Half Of All American Workers Made Less Than $40,847.18 Last Year
By Michael Snyder If you are wondering why so many Americans are stressed about their finances these days, just look at the numbers. The Social…
By Michael Snyder If you are wondering why so many Americans are stressed about their finances these days, just look at the numbers. The Social…
By Michael Snyder There is a reason why I am watching the banks so carefully. The banks are the beating heart of our economic system,…
By Michael Snyder 19 months in a row! The Conference Board’s index of leading economic indicators has now fallen for 19 months in a row. …
By Michael Snyder U.S. consumers are getting weaker and weaker and weaker. Today, debt levels have risen to unprecedented heights, but thanks to roaring inflation…
By Charles Hugh Smith Can an economy in which 10% of the households qualify as middle class claim to offer widespread opportunities for secure prosperity?…
By Michael Snyder The rich have been getting richer and the poor have been getting poorer, and this is causing all sorts of societal problems. …
By Michael Snyder What in the world is happening to the middle class? Once upon a time, the United States had the largest and most…
By David Haggith Recently several major banks were unable for days to process hundreds of thousands of payments. The explanation by the banks given in…
By Michael Snyder Our economy runs on credit, and our banks are the beating heart of that system. Without healthy banks, how would Americans buy…
By Tyler Durden Back in July, when we last looked at the unprecedented horror show that is the US budget deficit – and concluded correctly,…
By Michael Snyder In recent weeks there have been numerous high-profile bank “glitches”, accounts are being shut down without warning at a staggering rate all…
By J.G. Martinez Finances. This is the real scourge of our time. Make poor financial decisions, and they will haunt you for a long time. By…
By Michael Boldin Deficits and the national debt have been growing for so long that most people just shrug when we talk about them. They…
By Tyler Durden Recent data from Edmunds reveals that an unprecedented 17% of American car purchasers now have monthly car payments of $1,000, a significant…