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How Many Hours Americans Need To Work To Pay Their Mortgage
When it comes to the cost of living in cities, a general rule of thumb is that housing prices are much higher in the country’s economic and population hubs, especially in the cities along the coasts....
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World’s Longest Bull Market (55 Years) In Australian House Prices Is Over,...
This morning, CoreLogic released its monthly report on Australian house prices – the world’s longest running bull market. Finally, measures to tighten credit standards and dissuade overseas buyers...
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U.K. Litigation Cases On Defaulted Consumer Debts Soar Beyond 2008 Levels
Last month, S&P warned that UK lenders could incur £30 billion of losses on their consumer lending portfolios consisting of credit cards, personal and auto loans if interest rates and unemployment...
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So Why Did Capital One “Suddenly” Exit Mortgage Lending??
Last week, Capital One Financial (COF) announced that is was formally withdrawing from the residential mortgage loan market. Some observers mistook this announcement for news, thinking that COF had...
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Bailins Coming In EU – 114 Italian Banks Have NP Loans Exceeding Tangible Assets
goldcore.com / By jan skoyles / December 5, 2017 Bailins Coming In EU – 114 Italian Banks Have NP Loans Exceeding Tangible Assets – Italy opposes ECB proposal that holds banks to firm deadlines for...
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Pending Tax Reform
armstrongeconomics.com / by Martin Armstrong / Dec 14, 2017 Congressional Republicans finally reached a deal on the tax cuts, the biggest reform in 30 years. This sets the stage for a vote next week....
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Global Deflation Alert: Chinese Credit Creation Tumbles To 27 Month Low
At the end of November, we showed a troubling observation for China – and global – macro watchers from Axiom’s Gordon Johnson: for the first time ever, record Chinese credit creation had failed to...
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UK’s Toxic Housing Mix
Asking prices for houses in the UK are starting to fall at a time when first time buyers in the UK continue to struggle to get on the ladder. The average house price in the UK has now moved lower by...
View ArticleYes, governments CAN go bankrupt. And no, it’s NOT impossible…
sovereignman.com / Simon Black / December 26, 2017 [Editor’s Note: As we’re coming up on the end of the year, we thought it would be appropriate to republish some of our most popular articles. Today’s...
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Bad News For The Economy: Some Have Stopped Paying Loans On Mobile Homes
Some people in the United States have stopped paying their loans on mobile homes. This is a bad sign for the economy as many no longer can afford the increase in interest rates. According to a report...
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The Stock Market Has Just Done Something That It Hasn’t Done Since 2009
via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. We continue to see extremely wild swings on Wall Street. On Monday, at one...
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“Red October”: We Just Witnessed The Worst Month For The S&P 500 In 7 Years
via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. This was an October that many of us will never forget. The month of October is...
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Global Stocks Plunge Again And A Former Reagan Administration Official Is...
via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Stocks are falling again, and many believe that this new crisis is only just...
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This Wasn’t Supposed To Happen…
via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. We have definitely deviated from the script. According to virtually all of the...
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Stock Market Crash: The Dow Has Fallen Nearly 2,500 Points And FAANG Stocks...
via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Thanksgiving week was not supposed to be like this. Normally things are slow in...
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George Soros Sold Huge Amounts Of Facebook And Netflix Just Before Tech...
via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. George Soros avoided a loss of more than 17 million dollars by dumping shares of...
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U.S. Accused Of “A Declaration Of War” Against China As The Stock Market...
via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Things are sure getting wild on Wall Street. On Thursday, the Dow Jones...
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U.S. Debt Poised To Hit The $22 Trillion Mark As “Storm Clouds” Indicate “We...
via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. The rapidly exploding U.S. national debt is about to cross another critical...
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This Was The Worst Week For The Stock Market Since The Financial Crisis Of 2008
via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Just when you thought that things couldn’t get any worse, they did. During...
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A Surprise Announcement Has Just Unleashed Another Wave Of Panic On Wall Street
Well, that sure didn’t take long. Many had been hoping that 2019 would be a calmer year for Wall Street, but so far that has not materialized. In fact, a surprise announcement by Apple has just...
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