Category Archives: mortgages
Stagflationary Crisis: Understanding The Cause Of America’s Ongoing Collapse
This report was originally published by Brandon Smith at Alt-Market.com It is at times frustrating, but also interesting, to witness the progression of the mainstream’s awareness of economic crisis within the U.S. over the years. As an alternative economist, I have had the “privilege” of perching outside the financial narrative and observing our economy from […]
In Nearly 70% Of US Counties, The Average Worker Can’t Afford To Buy A Home
This article was originally published by Tyler Durden at Zero Hedge Housing, as we’ve pointed out in the past, is perhaps the most reliable bellwether of widening economic inequality in the US. And in its latest quarterly report on housing affordability in the US, ATTOM discovered that median-priced homes aren’t affordable to average wage earners in an astounding […]
How The Elite Dominate The World – Part 1: Debt As A Tool Of Enslavement
This report was originally published by Michael Snyder at The Economic Collapse 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 […]
How The Federal Reserve Is Setting Up Trump For A Recession, A Housing Crisis And A Stock Market Crash
Most Americans do not understand this, but the truth is that the Federal Reserve has far more power over the U.S. economy than anyone else does, and that includes Donald Trump. Politicians tend to get the credit or the blame for how the economy is performing, but in reality it is an unelected, unaccountable panel […]
Canadian Debt Slaves Pile it on, as Delinquencies Jump among Millennials
wolfstreet.com / by Wolf Richter • August 18, 2016 But the Economy is Bogged Down. Consumer debt in Canada’s debt-fueled economy rose to a new record of C$1.67 trillion in the second quarter, according to Equifax. That’s up 3.0% from the prior quarter and 6.3% from a year ago. Excluding mortgages, consumer debt rose 3.4%, to C$21,878 per […]
The Dow Falls Another 138 Points As Geopolitical Shaking Forces Investors To Race For The Exits
Stock prices just keep on falling, and many analysts are now wondering if a full-blown stock market crash is in our near future. On Thursday, the S&P 500 and the Dow both closed at 2 month lows after Donald Trump dropped “the mother of all bombs” in Afghanistan. It was the first time that one […]