Silver as an investment

Category Archives: credit

Middle Class Erosion: 33 Million Americans Will Not Travel During The Holidays Because They Can’t Afford To Do So

By silveristhenew | Published October 9, 2018

via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. We have repeatedly been told that the U.S. economy is “booming”, but meanwhile the middle class in the United States continues to be hollowed out.  The financial bubbles that the Federal Reserve has created have […]

Also posted in "Credit card debt", Bankruptcy, Better Jobs, bills, College, College Graduates, Colleges, Consumer Debt, credit card, Debt, Deep In Debt, Delinquency, Despair, Doctor Bills, Drowning In Debt, Economic, economic conditions, Economic Depression, economic despair, economic news, Financial, Financial Lives, Financially Crippled, Good Paying Jobs, Graduates, homeless, Homelessness, Horrifying Economic Depression, Hospital Bills, Huge Medical Bills, In Debt, jobs, Laws, loan, loans, Los Angeles, Make Payments, Medical Bills, Middle Class, money, mortgages, Payments, Poor, poverty, Prosperity, Real estate, real estate bubble, rich, Rural Areas, Student loan, Student Loan Debt, Student Loan Debt Bubble, student loans, suicide, The Debt, The Middle Class, wealth, Wealthy | Tagged , | Comments Off on Middle Class Erosion: 33 Million Americans Will Not Travel During The Holidays Because They Can’t Afford To Do So

The American Dream Is Getting Smaller, And The Reason Why Is Painfully Obvious…

By silveristhenew | Published September 2, 2018

via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Over the past decade, an unprecedented stock market boom has created thousands upon thousands of new millionaires, and yet the middle class in America has continued to shrink.  How is that even possible?  At one […]

Also posted in "Credit card debt", Bankruptcy, Bankruptcy Laws, Better Jobs, College, College Graduates, Colleges, Consumer Debt, credit card, Debt, Delinquency, Delinquency Rate, Drowning In Debt, economic conditions, Economic Depression, economic despair, Financial, Financial Lives, Financially Crippled, Flyover Country, Good Paying Jobs, Graduates, homeless, Homelessness, Horrifying Economic Depression, In Debt, jobs, Laws, loan, loans, Los Angeles, major cities, Make Payments, mentally ill, Middle Class, money, mortgages, Payments, Poor, poverty, Real estate, real estate bubble, rich, Rural Areas, San Francisco, seattle, Student loan, Student Loan Debt, Student Loan Debt Bubble, student loans, suicide, The Debt, The Economy, The Middle Class, Universities, wealth, Wealthy | Tagged , | Comments Off on The American Dream Is Getting Smaller, And The Reason Why Is Painfully Obvious…

11 Rage-Inducing Facts About America’s Wildly Out Of Control Student Loan Debt Bubble

By silveristhenew | Published August 31, 2018

via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Higher education has become one of the biggest money-making scams in America.  We tell all of our young people that if they want to have a bright future, they must go to college.  This message […]

Also posted in "Credit card debt", Bankruptcy, Bankruptcy Laws, College, College Graduates, Colleges, Commentary, Consumer Debt, credit card, Debt, Delinquency, Delinquency Rate, Drowning In Debt, economic despair, Financial, Financial Lives, Financially Crippled, Graduates, Laws, loan, loans, Make Payments, money, mortgages, Payments, Student loan, Student Loan Debt, Student Loan Debt Bubble, student loans, The Debt, The Economy, Universities | Tagged | Comments Off on 11 Rage-Inducing Facts About America’s Wildly Out Of Control Student Loan Debt Bubble

U.S. Consumers On An Unprecedented Debt Binge As Credit Card Debt Soars To An All-Time Record High

By silveristhenew | Published July 10, 2018

Facebook Twitter Reddit Email Americans are on an absolutely spectacular debt binge.  Does this mean that the economy is getting better, or does this mean that U.S. consumers are totally tapped out and are relying on borrowed money to make it from month to month?  On Monday, the Federal Reserve announced that total consumer credit […]

Also posted in "Credit card debt", Bigger Debts, Commentary, credit card, Credit Card Interest Rates, Credit Cards, Day Of Reckoning, Debt, Debt Problems, Debts, Pay Off Credit Card Debt, Paying Off Credit Card Debt, So Much Debt, The Danger Of Credit Cards, The Economy, Too Much Credit Card Debt | Comments Off on U.S. Consumers On An Unprecedented Debt Binge As Credit Card Debt Soars To An All-Time Record High

How A North Korean Electromagnetic Pulse Attack Could Kill Millions And Turn America Into A Post-Apocalyptic Wasteland

By silveristhenew | Published November 28, 2017

This is why North Korea’s test of an intercontinental ballistic missile is so important.  North Korea had test fired a total of 22 missiles so far this year, but this latest one showed that nobody on the globe is out of their reach.  In fact, General Mattis is now admitting that “North Korea can basically […]

Also posted in America Without Electricity, ATM's, banking, cash, Cell Phones, Commentary, computers, credit card, Credit Card Readers, Credit Cards, disease, Electromagnetic Pulse, Electromagnetic Pulse Attack, Electromagnetic Pulse Threat, emp, EMP Attack, EMP Events, EMP Strike, EMP Threat, Heating And Cooling Systems, hospital, Hospitals, Internet, Nuclear Weapon, revolution, Societal Chaos, starvation, Televisions | Tagged , | Comments Off on How A North Korean Electromagnetic Pulse Attack Could Kill Millions And Turn America Into A Post-Apocalyptic Wasteland

U.K. Litigation Cases On Defaulted Consumer Debts Soar Beyond 2008 Levels

By silveristhenew | Published November 13, 2017

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 rose sharply.  Much like in the U.S., S&P warned that "loose monetary policy, cheap central bank term funding schemes and benign economic conditions" had […]

Also posted in Bank of England, business, Consumer Credit, Consumer Debt, Consumer lending, Credit history, Credit rating agency, Debt, Economy, finance, Financial crisis of 2007–2008, loans, Monetary Policy, money, Personal Finance, ratings, Recession, recovery, Savings Rate, systemic risk, Toyota | Tagged | Comments Off on U.K. Litigation Cases On Defaulted Consumer Debts Soar Beyond 2008 Levels

How The Elite Dominate The World – Part 1: Debt As A Tool Of Enslavement

By silveristhenew | Published October 15, 2017

Throughout human history, those in the ruling class have found various ways to force those under them to work for their economic benefit.  But in our day and age, we are willingly enslaving ourselves.  The borrower is the servant of the lender, and there has never been more debt in our world than there is […]

Also posted in "Credit card debt", auto loan, Auto Loan Bubble, Auto loans, Commentary, Consumer Auto Loan, Consumer Auto Loan Bubble, credit card, Credit Cards, Debt, Debt Bomb, Debt bondage, Debt Slave, debt slaves, Debt Spiral, Debt-Based Financial System, debt-free, Debts, depressions, Drowning In Debt, Endless Debt, Financial, Financial Lives, Forever, future, Getting A Mortgage, Global debt, Global Debt Bomb, Graduates, Have Debt, In Debt, loan, loans, Make Payments, Michael T. Snyder, money, mortgage, National Debt, Pay Off Credit Card Debt, Pay Off Debt, Paying Off Credit Card Debt, Paying Off Debt, Payments, Student loan, Student Loan Debt, The Danger Of Credit Cards, The Debt, Too Much Credit Card Debt, U.S. National Debt, Without Debt, World Debt | Tagged , , | Comments Off on How The Elite Dominate The World – Part 1: Debt As A Tool Of Enslavement

Millennials Have Never Been More In Debt, And It Is Creating A Major Risk For The Economy

By silveristhenew | Published October 11, 2017

There is a seemingly unlimited number of disconnects in financial markets these days, not the least of which is the shocking divergence in recent years between the ever plunging unemployment rate in the United States and stubbornly rising delinquencies on consumer debt. In fact, according to a note published earlier today by UBS strategist Matthew […]

Also posted in business, Consumer Credit, Consumer lending, Debt, debt-to-income ratio, Economy, finance, Homeownership Rate, Layering, loans, money, Mortgage industry of the United States, mortgage loan, Personal Finance, Reality, Student loan, student loans, Subprime crisis background information, Subprime mortgage crisis, US Federal Reserve | Tagged , , | Comments Off on Millennials Have Never Been More In Debt, And It Is Creating A Major Risk For The Economy

Bill Blain: How To Catch Rabies In The Junk Bond Market

By silveristhenew | Published September 22, 2017

From Bill Blain of Mint Partners Blain’s Morning Porridge – How to catch rabies in the Junk Bond Market I’m sure everyone has been following the Toy R Us meltdown in the bond market. Alongside chapter 11 bankruptcy, its bonds have crashed from 96 to 18% through the month. Have we seen this before? Of […]

Also posted in Bain, Bond, business, capital structure, Corporate Finance, Debt, Economy, finance, High Yield, High Yield Debt, KKR, LBO, Leveraged buyout, Meltdown, money, Private Equity, United States housing bubble | Comments Off on Bill Blain: How To Catch Rabies In The Junk Bond Market

Venezuela Bankrupt? Caracas Fails To Make Sept 15 Interest Payment

By silveristhenew | Published September 20, 2017

Exactly one week ago, we wrote that a “Venezuelan default is only a matter of time”.  We said that “while debt servicing has been a government priority, declining external liquidity and a deteriorating domestic situation (three-digit hyperinflation, shortages, and a political crisis between the government and the National Assembly) make it a daunting task. By […]

Also posted in 'financial crises", Bond, business, China, Crisis in Venezuela, Debt, economic crises, Economy, finance, Hyperinflation, money, National Assembly, National Office, PDVSA, Sovereign Default, Twitter | Tagged , | Comments Off on Venezuela Bankrupt? Caracas Fails To Make Sept 15 Interest Payment