Category Archives: Economic Problems
We Are About To See A Great, Big Debt-Fueled GDP Number For The 2nd Quarter, But There Is A Catch…
via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. What kind of number for GDP growth in the 2nd quarter will we get on Friday? The market consensus is somewhere around 4 percent, but there are many out there that are expecting a number […]
Gallup Shows How Much Americans Really Care About The “Situation With Russia”
This report was originally published by Tyler Durden at Zero Hedge While ever-hope-filled expectations among the left are for a ‘blue wave’ in the Mid-term elections, we suspect things may not turn out quite as planned given the last week’s “crisis”. Even before President Trump had set foot in Helsinki, the left and the media […]
Leaked Note From Chinese Think Tank Warns Of ‘Potential Financial Panic’
As trade tensions continue to skyrocket and markets around the globe are affected, a Chinese government-backed think tank had a memo leaked warning of potential financial panic. China, the world’s second-largest economy, sees the rising tensions as a cause for concern. Political elitists don’t care about the effects of their policies on the masses, as […]
12 Years In A Row And Counting: The U.S. Has Not Had A Year Of 3 Percent Economic Growth In More Than A Decade
If the U.S. economy is in good shape, then why has economic growth been so anemic for more than a decade? It has been 12 long years since the economy grew by at least 3 percent, and for most of that time my website has been one of the leading voices chronicling America’s long-term economic […]
Is Washington Nuts? Increasing Spending AND Cutting Taxes Will EXPLODE The Size Of The National Debt
Our national debt is rapidly approaching 21 trillion dollars, and yet Congress wants to follow up a large tax cut bill with a massive increase in federal spending. This is absolute madness, and it is going to make our long-term financial problems as a nation far worse. After passing the tax bill, the appropriate thing […]
Goodbye American Dream: The Average U.S. Household Is $137,063 In Debt, And 38.4% Of Millennials Live With Their Parents
Once upon a time the United States had the largest and most vibrant middle class in the history of the world, but now the middle class is steadily being eroded. The middle class became a minority of the population for the first time ever in 2015, and just recently I wrote about a new survey […]
78 Percent Of U.S. Workers Are Living ‘Paycheck To Paycheck’ And 71 Percent Of Them Are In Debt
Are you living paycheck to paycheck? Is so, you are just like most other hard working Americans. As you will see below, 78 percent of full-time workers in the United States say that they are living paycheck to paycheck. That is the highest figure ever recorded, and it is yet more evidence that the middle […]
America Is Committing Suicide: Over The Past 12 Months, The U.S. National Debt Has Increased By 1.271 Trillion Dollars
via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. If we do not change course, our once great nation will be destroyed by a debt that has grown wildly out of control. We are facing an unprecedented debt crisis that literally threatens to bring […]