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

Daisy Luther U.S. NEWS Leave a Comment

By Daisy Luther 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 reported that people owed more on loans, credit cards, and payment plans than ever in history. The country surpassed the spike that led to the crash of 2008 back …

The Last Time These 3 Ominous Signals Appeared Simultaneously Was Just Before The Last Financial Crisis

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL Leave a Comment

By Michael Snyder We have not seen a “leadership reversal”, a “Hindenburg Omen” and a “Titanic Syndrome signal” all appear simultaneously since just before the last financial crisis. Does this mean that a stock market crash is imminent? Not necessarily, but as I have been writing about quite a bit recently, the markets are certainly primed for one. On Wednesday, the Dow fell another 138 points, and that represented the largest single day decline that we …

The Debt-Fueled Farce Of Dow 23,000 (And How We Sacrificed The Young To Get Here)

Scott Buss U.S. NEWS Leave a Comment

By Scott Buss Nothing says American prosperity like the stench of young bodies burning in a furnace to fuel the rank Socialism of America for just a little while longer. As we endure the predictable waves of Dow 23,000 being pitched as “proof” of American economic strength and vitality, let’s remember how this magical, mythical, and utterly artificial stock price bubble is being inflated, that being: By sacrificing the economic futures of young and unborn Americans. Really. This is …

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

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, SUPPORT A FREE USA!, U.S. NEWS, WATCHMEN ON THE WALL 3 Comments

By Michael Snyder 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 right now.  According to the Institute of International Finance, global debt has hit the 217 trillion dollar mark, …

Remember This Friday The 13th – Americans Are More Optimistic About The Stock Market Than They Have Ever Been Before

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, SUPPORT A FREE USA!, U.S. NEWS, WATCHMEN ON THE WALL Leave a Comment

By Michael Snyder Happy days are here again for the U.S. economy – at least temporarily. On Friday, U.S. stocks hit another brand new record high. It seems like we are saying that almost every day lately, and most investors are absolutely thrilled by this seemingly endless surge. Global stocks are surging too – today world stocks hit a new record high for the 4th consecutive day in a row. But of course it isn’t just …

Market Analyst Warns: ‘We’re Going to Have a Biblical Event…There is no Way to Stop This’

Greg Holt ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL Leave a Comment

By Mac Slavo on The Daily Sheeple Gregory Mannarino of TradersChoice.net has been eerily prescient in recent years, having accurately forecast stock movements, Federal Reserve rate hikes and market sentiment. In a recent interview with Greg Hunter at USA Watchdog, Mannarino says that U.S. debt has reached such extreme levels that when foreign creditors and investors finally decide to pull out of the U.S. dollar the system will collapse to such an extent that it will have a …

Debt Nightmare: Does Anyone Actually Care That Our Exploding National Debt Is Destroying Our Future?

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL Leave a Comment

By Michael Snyder When will America finally wake up? The borrower is the servant of the lender, and we now have a colossal 20 trillion dollar chain around our collective ankles. We have willingly enslaved ourselves, our children and our grandchildren, and yet our addiction is so insatiable that we continue to add more than 100 million dollars to our debt load every single hour of every single day. The national debt is sitting at a grand …

Total Government And Personal Debt In The U.S. Has Hit 41 Trillion Dollars ($329,961.34 Per Household)

Michael Snyder U.S. NEWS Leave a Comment

We are living in the greatest debt bubble in the history of the world.  In 1980, total government and personal debt in the United States was just over the 3 trillion dollar mark, but today it has surpassed 41 trillion dollars.  That means that it has increased by almost 14 times since Ronald Reagan was first elected president.  I am searching for words to describe how completely and utterly insane this is, but I am coming up …