Silver as an investment

Category Archives: loan

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

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 […]

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

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 […]

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

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 […]

Beware the Marginal Buyer, Borrower and Renter

charleshughsmith.blogspot.com / CHARLES HUGH SMITH / TUESDAY, NOVEMBER 21, 2017 Bubbles always look unstoppable, yet they always burst. When times are good, the impact of the marginal buyer, borrower and renter on the market is often overlooked. By “marginal” I mean buyers, borrowers and renters who have to stretch their finances to the maximum to afford the purchase, […]

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

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 […]

Great Graphic: Home Ownership and Measuring Inflation

marctomarket.com / by Marc Chandler / August 22, 2017 This Great Graphic was in the Financial Times recently. It shows home ownership rates several EU countries.  The useful chart also shows those who own (red bar) and those who pay a mortgage, or housing loan (light blue) and those that rent (dark blue). A few observations jump out at us.  Home ownership […]

High-Profile Sectors Start To Roll Over

dollarcollapse.com / John Rubino / AUGUST 16, 2017 Long credit cycles like the current one always end with a crash. But first they deteriorate. The headline numbers remain positive while under the surface a growing list of sectors start to falter. It’s only when the latter reach a critical mass that market psychology turns dark. How far […]

UBS Explains Who’s Most At Risk In The Next Consumer Deleveraging Cycle

In their 2Q 2017 survey, UBS found that, for the first time since at least 2014, the trajectory of financial health of low-income households has started to diverge from that of more affluent households.  Per the graph below from UBS’ credit strategy team led by Matthew Mish, while a firming job market has helped households […]

Cab Drivers Union Says Chicago Taxi Industry Near Collapse

zerohedge.com / By Jeff Schuhrke of In These Times / Jun 18, 2017 In addition to repaying loans on their medallions, taxi operators also have to pay thousands of dollars each year in city expenses, like the ground transportation tax and medallion license renewal fee—expenses that rideshare drivers are not subject to. (Cab Drivers United/ Twitter) Ghana-born […]

The Other Shoe Drops: Prime Auto Loan Losses Surge As Recoveries Tumble

zerohedge.com / by Tyler Durden / May 13, 2017 When we looked at subprime auto delinquencies most recently, we found some troubling trends: first, in February, we showed that 61+ day delinquencies in General Motors’ subprime securitization book would support a rather bleak thesis for future auto sales, and specifically the demand side of the equation, with […]