Category Archives: Debt

US Fiscal Policy Will Lead To A Debt Catastrophe: Goldman

US Fiscal Policy Will Lead To A Debt Catastrophe: Goldman | Zero Hedge https://www.zerohedge.com/news/2018-02-19/us-fiscal-policy-set-blow-us-economy-goldman Re-posted from Zero Hedge. Geoff Geoff Comments: Yes, it will…

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Debt Cancer: More Than 80 Percent Of American Adults Owe Somebody Else Money

Debt Cancer: More Than 80 Percent Of American Adults Owe Somebody Else Money http://theeconomiccollapseblog.com/archives/debt-cancer-more-than-80-percent-of-american-adults-owe-somebody-else-money Re-posted from The Economic Collapse Blog. Geoff Geoff Comments: Yes, debt in the US is pervasive, and with banks so afraid to lend, Americans turn to … Continue reading

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Four Rate Hikes in 2018 as US National Debt Will Spike

Four Rate Hikes in 2018 as US National Debt Will Spike | Wolf Street https://wolfstreet.com/2018/02/12/four-rate-hikes-in-2018-as-us-national-debt-will-spike/ Re-posted from Wolf Street. Geoff Geoff Comments: This phenomenon is a given… You are surprised?

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The State of the American Debt Slaves

The State of the American Debt Slaves | Wolf Street https://wolfstreet.com/2018/02/08/the-state-of-the-american-debt-slaves/ Re-posted from Wolf Street. Geoff Geoff Comments: Americans are more enslaved to debt now than anytime in history…

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US National Debt Will Jump by $617 Billion in 5 Months

US National Debt Will Jump by $617 Billion in 5 Months | Wolf Street https://wolfstreet.com/2018/01/30/us-national-debt-will-jump-by-617-billion-in-5-months/ Re-posted from Wolf Street. Geoff Geoff Comments: President Trump’s Administration is betting that the growing economy will generate enough revenue to cover the new debt, … Continue reading

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Illinois Unveils Another Shocker: Sell $107 Billion In Debt To Fund Insolvent Pensions

Illinois Unveils Another Shocker: Sell $107 Billion In Debt To Fund Insolvent Pensions | Zero Hedge https://www.zerohedge.com/news/2018-01-27/illinois-unveils-shocker-sell-107-billion-debt-fund-insolvent-pensions Re-posted from Zero Hedge. Geoff Geoff Comments: Greece is an economic catastrophe to the EU, Illinois is an economic cataclysmic nightmare for the … Continue reading

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Japanese Purchases Of US Treasurys Tumble

Japanese Purchases Of US Treasurys Tumble | Zero Hedge https://www.zerohedge.com/news/2018-01-14/japanese-purchases-us-treasurys-tumble Re-posted from Zero Hedge. Geoff Geoff Comments: This imbalance causes just as much trouble for the US, Japan, and the rest of the world…

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America’s debt load is hitting record — and risky — territory

America’s debt load is hitting record — and risky — territory https://www.nbcnews.com/business/economy/america-s-debt-load-hitting-record-risky-territory-n837251 Re-posted from NBC News. Geoff Geoff Comments: Americans have never had so much debt, this time it may be fatal…

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This Life: An existence she loves, under a growing cloud of student debt

This Life: An existence she loves, under a growing cloud of student debt – The Washington Post  https://www.washingtonpost.com/lifestyle/style/this-life-an-existence-she-loves-under-a-growing-cloud-of-student-debt/2018/01/08/3daac3ce-f32b-11e7-97bf-bba379b809ab_story.html?utm_term=.066ef6dcac88 Re-posted from Washington Post. Geoff Geoff Comments: Our illustrious Government under President Obama didn’t help when they passed a law that made … Continue reading

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This Is Where America’s Most Debt-Burdened People Live

This Is Where America’s Most Debt-Burdened People Live | Zero Hedge https://www.zerohedge.com/news/2017-12-29/where-americas-most-debt-burdened-people-live Re-posted from Zero Hedge. Geoff Geoff Comments: Hawaii residents should move to the mainland, get out of debt, and get away from Kim Jun Un’s Free Fire Zone … Continue reading

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