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4 days ago · The following are 11 signs that the U.S. economy is in far worse shape than most people think…. #1 Just like in 2008, delinquencies are on the rise. In fact, credit card delinquencies have now reached the highest level that we have seen in more than 10 years …. Meanwhile, more consumers aren’t making loan payments on time.
- Did You Know
Did you know that there is a huge mountain of evidence for...
- Did You Know
2 days ago · 6. Gasoline prices are up 46 percent since Joe Biden entered the White House. 7. The average rate on a 30 year fixed mortgage is up 148 percent since Joe Biden entered the White House. 8. According to Zillow, the monthly mortgage payment on a typical home in this country has almost doubled during the past four years. 9.
5 days ago · There is a simple story here. The price of oil collapsed. Mexico’s economy was booming in the late 1970s as the Iranian revolution sent world oil prices soaring. As oil producing nations sought to ramp up production and the world economy went into recession, oil prices plummeted.
3 days ago · As a result of the pandemic, the global economy is projected to contract sharply by –3 percent in 2020, much worse than during the 2008–09 financial crisis.
Articles and discussion relating to economic collapse. Topics may include (but are not limited to) inflation, deflation, the financial system, debt, economic instability and preparing for crisis.
5 days ago · The estimate noted the pressures the migrant crisis poses to the city. “Since August 2022, Chicago has welcomed over 40,000 New Arrivals arriving from the southern border, many of whom have needed shelter and services,” it said. “The largest increase in this year’s Shelter Count was due to the continued influx of New Arrivals to Chicago ...
4 days ago · We see Fed rate cuts from September starting to soften USD strength into year end and 2025. Beneficiaries will include currencies with inflation moving towards target and high real rates or, alternatively, undervalued currencies. This should benefit the Brazilian Real (BRL) and Indonesian Rupiah.
