Silver as an investment

Category Archives: US household debt

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

zerohedge.com / by Tyler Durden / Nov 30, 2017 11:19 AM 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 […]

US Household Debt at Record Levels Not Seen Since 2008 Crisis

schiffgold.com / BY SCHIFFGOLD / AUGUST 16, 2017 American household debt hit an all-time high in the second quarter of 2017, with increases in every major category, from credit cards, to student loans, to mortgages. According to the latest quarterly household debt and credit report by the Federal Reserve Bank of New York, aggregate household debt increased for the 12th consecutive […]