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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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