Silver as an investment

Category Archives: Household debt

SHTFplan: Peter Schiff: The Dollar And American Standard Of Living Will Be ‘Biggest Casualties’

Prepare yourself. Buy physical silver and storable food. The United States economy is about to crash and it will take the dollar and the American standard of living with it. Peter Schiff, who currently serves as the CEO of Euro Pacific Capital, says it is time to prepare for the global market crash in light of […]

SHTFplan: Economic Woes: Student Loan Debt Crisis Is About To Get Worse

Prepare yourself. Buy physical silver and storable food. As politicians continue to point to a booming economy with a low unemployment rate, the real evidence that those surface numbers aren’t reflecting reality are becoming more apparent.  The student loan crisis in the United States is about to go from bad to worse too, heightening economic […]

SHTFplan: The Interest Rate Is Going To Be Rising A Lot And Fast

Prepare yourself. Buy physical silver and storable food. Interest rates will rise quickly and those hikes are going to be pretty big.  Those with home equity loans, credit card debt and other variable rate loans will soon feel the pinch in their wallet, forcing them to cut back in other areas if their finances are […]

SHTFplan: Bankrupt America: Bankruptcy Soars As The Country Grapples With An Unprecedented Debt Problem

Prepare yourself. Buy physical silver and storable food. This article was originally published by Michael Snyder at The Economic Collapse America, you officially have a debt problem, and I am not just talking about the national debt. Consumer bankruptcies are surging, corporate debt has doubled since the last financial crisis, state and local government debt […]

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

This report was originally published by Michael Snyder at The Economic Collapse 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 Fed Has Its Finger On The Button Of A Nuclear Debt Bomb

This article was originally published by Brandon Smith at Alt-Market.com I hear a lot of talk lately in the alternative media (and even the mainstream media) of the potential for World War III. The general assumption when one hears that term is that “nuclear conflict” is imminent. But a world war does not necessarily have […]

Lacy Hunt On The Unintended Consequences Of Federal Reserve Policies

Authored by Mike Shedlock via www.themaven.net/mishtalk, The Financial Repression Authority interviewed Lacy Hunt, Chief Economist at Hoisington Management on Fed policies. The interview below first appeared on the FRA website along with a video. The emphasis in italics is mine. FRA: Hi, welcome to FRA’s Roundtable Insight. Today, we have Dr. Lacy Hunt. He’s an […]

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 stimulate the economy, and in fact the exact opposite appeared to be unfolding – economic growth is slowing across a number […]

Consumer Debt Roulette: Debt Is Up $605 Billion BEFORE $682 Billion Is Spent on Christmas

This report was originally published by Daisy Luther at The Organic Prepper The last time American consumer debt was this high was.. well…NEVER. But now, it seems we are engaged in a high stakes game of consumer debt roulette. And the House is the only one who will win this game. Last summer, it was […]

US Household Debt Is Rising 60% Faster Than Wages, And One Rating Agency Is Worried

In a report released today by DBRS titled “Consumer debt and debt burden”, the rating agency which is best known for keep Italian debt eligible for ECB monetization at the peak of the European banking crisis, looks at the latest Quarterly Report on Household Debt and Credit issued by the NY Fed (discussed here previously) […]