SHTFplan: “Slacking Off”: Young Adults Living In Parents’ Basement Most...
Prepare yourself. Buy physical silver and storable food. Covert art: The New Yorker Moving into the basement or prolonging a stay in a childhood bedroom filled with outgrown toys and posters used to be...
View ArticleGeriatric America: 13 percent of US workforce now employed by healthcare...
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. mybudget360.com / by mybudget360 / June 1, 2016 Like most industrialized countries the United States has a...
View Article12/6/16: U.S. Student Loans: A Ticking Time Bomb
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. trueeconomics.blogspot.com / Constantin Gurdgiev / Sunday, June 12, 2016 If you like hokey stick charts, you’ll...
View ArticleThe Smoldering Bonfires Of Bad Loans In China’s 134 City Commercial Banks
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. davidstockmanscontracorner.com / By Bloomberg / June 14, 2016 Kyle Bass, the U.S. investor known for betting...
View ArticleJudicial Foreclosure States Continue To Experience 80%+ Loss Severity...
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. wallstreetexaminer.com / by JohnnyFootball via Confounded Interest / June 20, 2016 While the US mortgage...
View ArticleThe World Is Headed For Another Terrifying Collapse But Here’s The Scary Part
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. kingworldnews.com / June 20, 2016 With major markets all over the globe on the move, today James Turk not only...
View ArticleTime To Take The Fed’s Warning Seriously: CMBS Has “Greatest Ever Monthly...
zerohedge.com / by Tyler Durden / Jul 5, 2016 With three UK-based property funds, among them Standard Life, Aviva and M&G, all “freezing” assets in the past 2 days and suspending redemptions over...
View ArticleThe One Trillion Dollar Consumer Auto Loan Bubble Is Beginning To Burst
Do you remember the subprime mortgage meltdown from the last financial crisis? Well, this time around we are facing a subprime auto loan meltdown. In recent years, auto lenders have become more and...
View ArticleThe Bank For International Settlements Warns That A Major Debt Meltdown In...
The pinnacle of the global financial system is warning that conditions are right for a “full-blown banking crisis” in China. Since the last financial crisis, there has been a credit boom in China that...
View ArticleItaly’s PM Unloads On Deutsche Bank’s Unfixable Problem: “Hundreds And...
zerohedge.com / by Tyler Durden / Sep 19, 2016 After a tumultuous week for Deutsche Bank which saw the DOJ demand a $14 billion settlement for the bank’s past RMBS transgressions, it was another bad...
View ArticleMeanwhile, Saudi Stocks Crash Near 7 Year Lows
zerohedge.com / by Tyler Durden / Oct 2, 2016 9:45 PM Despite the Deutsche-driven bounce in Western markets on Friday, the ‘panic in The Kingdom’ that we highlighted earlier in the week is...
View ArticleTrump Tackles Student Loans
armstrongeconomics.com / by Martin Armstrong / Nov 14, 2016 Trump has proposed capping student debt at 12.5% of their income and a debt forgiveness at 15 years. Yes this will cost something, but it is...
View ArticlePending Home Sales Stall Even Before Mortgage Rates Spiked
Pending Home Sales rose just 0.2% YoY in October, among the weakest of the year. This is made more troublesome since these sales occurred before the election, before the mortgage rate exploded higher...
View ArticleUS Housing Market Reeling After Mortgage Rates Jump To Two Years Highs
Ten days ago, we wrote that the “US Housing Market In Peril As “Increase In Mortgage Rates Has Shocked Consumers.” Fast forward to today when the same “shocked consumers” referenced in the WSJ piece...
View ArticleAre Debt-Laden American Consumers About To Get Crushed By Higher Interest Rates?
zerohedge.com / by Tyler Durden / Dec 16, 2016 American consumers love debt, wall street loves securitizing that debt and collecting massive fees for selling it and pension funds, with no viable...
View ArticleU.S. Startups Increasingly Tapping Debt Markets As VCs Pullback From...
After investing nearly $80 billion into startups in 2015, Venture Capitalists, growing slightly weary of the $1 billion valuations being handed out like candy to every 22 year old with an app that can...
View ArticlePending Home Sales Tumble As Surging Mortgage Rates Paralyze Housing Market
One month ago, even before the recent surge in mortgage rates to the highest level since April 2014… … we noted that pending home sales had stalled, rising a barely positive 0.2%,, and well below...
View ArticleNew York Governor Proposes “Free Tuition” For Public Universities
There is little doubt that easy access to federally subsidized student loans have contributed to the astronomical increase in the cost of attending college in the United States. After all, what 18...
View ArticleThese are the Countries with the Biggest Debt Slaves, and Americans Are Only...
wolfstreet.com / by Wolf Richter / Jan 22, 2017 So who the heck are the Really Great Ones? Americans have been on a borrowing binge. To buy their favorite cars and trucks, they’ve loaded up on $1.14...
View ArticleNew Home Sales Collapse In December As Trump Rate Surge Hits
With soaring mortgage rates and plunging mortgage applications, it should be no surprise that new home sales crashed in December. Analysts expected a modest 0.7% decline but sales crashed 10.4% – the...
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