debt


Moody’s Is Kind Of Worried About Sears Holdings, Especially Kmart

By Laura Northrup Consumerist September 14, 2016   Moody’s Is Kind Of Worried About Sears Holdings, Especially Kmart     While Sears Holdings keeps trudging along its alleged “path to profitability,” Moody’s Investors Service has some doubts about the retailer’s prospects, and has downgraded its liquidity rating. That means that its analysts are concerned about […]

Moody’s Is Kind Of Worried About Sears Holdings, Especially Kmart

The One Trillion Dollar Consumer Auto Loan Bubble Is Beginning To Burst

The One Trillion Dollar Consumer Auto Loan Bubble Is Beginning To Burst

By Michael Snyder Economic Collapse Blog September 7, 2016   The One Trillion Dollar Consumer Auto Loan Bubble Is Beginning To Burst     Do you remember the subprime mortgage meltdown from the last financial crisis?  Well, this time around we are facing a subprime auto loan meltdown.  In recent years, auto lenders have become […]


Why Do Americans Have Such High Incomes and So Little Savings?

Why Do Americans Have Such High Incomes and So Little Savings?

By Ryan McMaken Mises Institute August 29, 2016   Why Do Americans Have Such High Incomes and So Little Savings?   Americans have more disposable income than nearly every other country on earth. The few exceptions include a handful of northern Western European states and some small city states like Monaco. Even when accounting for government […]


The US National Debt Load is Second-Worst in the World

The US National Debt Load is Second-Worst in the World

By Ryan McMaken Mises.org August 25, 2016   The US National Debt Load is Second-Worst in the World   The US Office of Management and Budget last month released its latest numbers of US federal debt as a percentage of gross domestic product. According to the OMB, the federal debt is now at 100 percent, which […]


The War Party

The Real Existential Threats of 2016

By Patrick J. Buchanan LewRockwell.com August 18, 2016   The Real Existential Threats of 2016     On Sept. 30, the end of the fiscal year 2016, the national debt is projected to reach $19.3 trillion. With spending on the four biggest budget items – Medicare, Medicaid, Social Security, defense – rising, and GDP growing […]


How Long Can Economic Reality Be Ignored?

By Dr. Paul Craig Roberts Paul Craig Roberts.org August 10, 2016   How Long Can Economic Reality Be Ignored?   Trump and Hitlery have come out with the obligatory “economic plans.” Neither them nor their advisors, have any idea about what really needs to be done, but this is of no concern to the media. […]

Dr. Paul Craig Roberts

Social Security - A looming $32 trillion shortfall (That’s right 32 TRILLION)

Social Security’s looming $32 trillion shortfall (That’s right 32 TRILLION)

By Against Crony Capitalism August 8, 2016   Social Security’s looming $32 trillion shortfall (That’s right 32 TRILLION)     But hey, who cares? I mean I’ll be dead by the time Social Security implodes. I paid into it. I want my money. That most people take out far more in Social Security than they […]


The U.S. Has Lost 195,000 Good Paying Energy Industry Jobs

By Michael Snyder Economic Collapse Blog August 5, 2016   The U.S. Has Lost 195,000 Good Paying Energy Industry Jobs     Not all jobs are created equal.  There is a world of difference between a $100,000 a year energy industry job and a $10 an hour job running a cash register at Wal-Mart.  You […]

The U.S. Has Lost 195,000 Good Paying Energy Industry Jobs