Debt Apocalypse Beckons As U.S. Consumer Bankruptcies...
• By Michael SnyderDebt Apocalypse Beckons As U.S. Consumer Bankruptcies Do Something They Haven't Done In Almost 7 Years
Contents Pages by Subject
Economy - Economics USA
Can Africa become the next big economic success ?
• http://www.nextbigfuture.comAfrica is urbanizing at an alarmingly fast rate, nearly twice the rate of China. According to the African Development Bank, over five hundred million people will move into Africa's cities in the next thirty-five years. Nigeria's commercial capita
"Is Trump About to Cause Another Crisis?": 2008 Could Be Eclipsed As Bank Restrictions Eli
• SHTFPlanBeware of what may be coming next. We already know the establishment has a plan to blame President Trump for the next financial crisis, and now there are moves being made that will support that narrative.
Why Those Student Loans Aren't Getting Paid Off
• zerohedge.com by Ryan McMakenLast month, the US Department of Education admitted that a much larger number of students are defaulting on student loans than previously reported. According to the Wall Street Journal:
City of the Dead – Part V – The Awakening
• theburningplatform.com by Francis MarionCity of Vancouver, July 17th, 2099
Ron Paul Warns: "Second Financial Bubble Going To Burst Soon... Even Trump Can't Stop It
• http://www.zerohedge.com, Tyler DurdenBy all appearances notes SHTFPlan.com's Mac Slavo, President Trump is doing his damnedest to turn around the economy, revitalize jobs and bring back prosperity. But the larger trends are already in place; the cycle is turning, and the bust cannot be
Ron Paul: Economic Collapse Imminent! Trump to be the Patsy...
• https://www.youtube.com, The Daily SheepleIn this 'News Shot', Joe goes over Ron Paul's prediction of an economic collapse in the next 18-24 months.
Luxury home sales continued to slump in the fourth quarter
• cnbc.com by Robert FrankUncertainty around the election spooked wealthy home buyers in the fourth quarter, continuing 2016's slowdown in luxury real estate, according to several new reports
U.S. economy slows to 1.9% in 4th quarter, GDP shows
• http://www.marketwatch.comWider trade deficit slashes GDP, but consumers keep spending
Steen Jakobsen "Trump Increases Odds of US Recession": 10 Key Points from Bloomberg Video
• https://mishtalk.com, MishSteen Jakobsen, Saxo Bank's chief investment officer, discusses his strategy for investing in global equities and the possibility of a U.S. recession with Bloomberg's Guy Johnson and Matt Miller on "Bloomberg Markets".
Economist: Stock Market Gained $2T in Wealth Since Trump Elected
• http://insider.foxnews.comClub For Growth founder Stephen Moore reacted to reporting that since President Trump was elected, the stock market gained $2 trillion in wealth.
Trump Rally
• arcleinThe Dow, which first nearly topped 20,000 on 13 December and again on 6 January, when it came within 0.37 points of the landmark, finally broke through after the opening bell was rung on Wall Street by Ashton Poole, CEO of lender Triangle Capital. Th
EU - Not China Or Japan - Is The Biggest US Treasury Holder (And This Is Not A Good Sign)
• http://www.zerohedge.com,Via GEFIRAUS-centric media are reporting that Japan has become the biggest holder of the US treasuries, surpassing China last month. However, this is true only in regard to single countries.
Everything Is Awesome!
• https://mishtalk.comThe market is pricing in a lot of "Everything is Awesome". Reader Jason Leach, CFA, asks "Is all this awesomeness, real or fantasy? Has it been pulled forward?"
Foreigners Are Dumping U.S. Debt At A Record Pace And Our $20 Trillion National Debt ...
• http://www.dcclothesline.comIs Poised To Become A Major Crisis...While most of the country has been focused on the inauguration of Donald Trump, a very real crisis has been brewing behind the scenes. Foreigners are dumping U.S. debt at a faster rate than we have ever seen befor
Why Trade Restrictions Always Backfire
• https://fee.org, Lawrence W. ReedWhen the U.S. imposed a tariff on magazine paper from Canada in 2015, workers at a financially troubled paper mill in Maine cheered. Less than two years later, their jobs are gone and the mill is closed.
HUD suspends FHA mortgage insurance rate cut an hour after Trump takes office
• LA TimesThe move by the Department of Housing and Urban Development -- one of the first acts of Trump's administration -- reversed a policy announced in the waning days of the Obama presidency that would have trimmed insurance premiums for typical borrow
Obama Leaves U.S.A $9,335,000,000,000 Deeper in Debt
• http://www.cnsnews.com(CNSNews.com) - President Barack Obama will leave the federal government approximately $9,335,000,000,000 deeper in debt than it was when he took office eight years ago, according to data released today by the U.S. Treasury.
Which State is the Biggest Moocher of Them All?
• https://fee.org, Daniel J. MitchellWhich state gets the biggest share of its budget from the federal government?
Trump team prepares dramatic cuts
• http://thehill.comDonald Trump is ready to take an ax to government spending.
Pittsburgh Mills Mall Sold For $100 At Foreclosure Auction
• http://pittsburgh.cbslocal.comA Pittsburgh-area mall that was foreclosed on after its owners failed to repay $143 million was auctioned off Wednesday for $100.
Pension Funds Need Gold before It's Too Late
• Gold Money Defense LeagueTens of millions of Americans and their employers pour money into pension plans each month, counting on those funds to grow and to be there when needed at retirement.
Mad As Hell
• zerohedge.com by Chris MartensonFair warning, my family just received a 61.5% increase in our healthcare insurance premium of 2017, on top of last year's 24.8% increase, so I am quite annoyed at the moment. For my non-US readers, perhaps what follows will interest you as a means
Christmas Fizzles: Retail Sales Except Autos, Gas, Fall Flat
• mishtalk.com by MishSo much for that expected strong Christmas. Economists were giddy across the board, but other than autos and gas, retail sales were flat in December. Christmas hype did not live up to its billing.
Why Are Wal-Mart And Boeing Laying Off Workers If The U.S. Economy Is In Good Shape?
• theeconomiccollapseblog.com by Michael SnyderThe stock market has been on quite a roll in recent weeks, but signs of trouble continue to plague the real economy.
The Best Way for Economists to Stay Relevant Today Is to Go Out of Business
• http://www.thedailybell.comHow Economists Can Stay Relevant Under Trump … Economists are going to have to approach things a bit differently if they want to stay relevant in the Trump age.
National debt is our biggest security threat
Ivan ElandDespite their rhetoric, Republican presidents have been more the problem than the solution.
FINANCIAL REPRESSION IS HERE, AND BITCOIN IS THE ONLY ESCAPE
Paul RosenbergWhen I warned about bankers planning "financial repression" back in 2014, I wasn't sure how long it would be before it arrived, or where. And when I wrote about the banning of cash last February, I was worried that the money monopolists were ac
Americans Couldn't Wait To Ditch These 10 States In 2016
• zerohedge.com by Tyler DurdenWith 2016 now a distant memory for most of us, we take a look back with United Van Lines at the migratory patterns of Americans over the course of the year.
Bigger Crash Coming:
• shtfplan.com by Brandon Smith"Scale of the Final Stage of Collapse Will Be Truly Unprecedented"
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