Category Archives: Debt

Canada Has No Gold But A Mountain Of Debt… Things Will End Badly

Canada Has No Gold But A Mountain Of Debt… Things Will End Badly | Zero Hedge https://www.zerohedge.com/news/2018-04-26/canada-has-no-gold-mountain-debt-things-will-end-badly Re-posted from Zero Hedge. Geoff Geoff Comments: With all the countries & big banks hoarding gold, I agree that it doesn’t bode well … Continue reading

Posted in Canada, Debt, Gold | Tagged | Leave a comment

Junk-rated Netflix Borrows $1.9 Bn, Most Ever, in “Drive-By” Bond Issue, to Burn $3-$4 Bn in 2018, Debt Soars to $8.4 billion

Junk-rated Netflix Borrows $1.9 Bn, Most Ever, in “Drive-By” Bond Issue, to Burn $3-$4 Bn in 2018, Debt Soars to $8.4 billion | Wolf Street https://wolfstreet.com/2018/04/23/junk-rated-netflix-borrows-1-9-bn-most-ever-in-drive-by-bond-issue-to-burn-3-4-bn-in-2018-and-report-a-loss-to-the-irs-as-debt-soars-to-8-4-billion/ Re-posted from Wolf Street. Geoff Geoff Comments: Netflix will self destruct by its own … Continue reading

Posted in Bonds, Debt, Netfix | Tagged | Leave a comment

How Long Will Cheap Debt Bail Out Automakers?

How Long Will Cheap Debt Bail Out Automakers? | Zero Hedge https://www.zerohedge.com/news/2018-04-21/how-long-will-cheap-debt-bail-out-automakers Re-posted from Zero Hedge. Geoff Geoff Comments: Not long before it all blows up…

Posted in Auto Market - Auto Loans, Debt | Tagged | Leave a comment

BofA’s Striking Admission: Markets Will Soon Begin To Panic About Debt Sustainabily

BofA’s Striking Admission: Markets Will Soon Begin To Panic About Debt Sustainabily | Zero Hedge https://www.zerohedge.com/news/2018-04-05/bofas-striking-admission-markets-will-soon-begin-panic-about-debt-sustainabily Re-posted from Zero Hedge. Geoff Geoff Comments: As the Fed increases interest rates, the retired with savings will have an easier time, people with … Continue reading

Posted in Debt, Sustainability | Tagged | Leave a comment

America’s debt load is reaching a tipping point

America’s debt load is reaching a tipping point https://www.nbcnews.com/business/consumer/americans-are-having-more-trouble-paying-their-debt-reaching-tipping-n862321?cid=public-rss_20180404 Re-posted from NBC News. Geoff Geoff Comments: No kidding, as the Fed raises interest rates, indebted Americans will be swamped…

Posted in Americans, Debt | Tagged | Leave a comment

Toxic Debt Still Plagues Spanish Banks (and Taxpayers Will End Up Paying for It)

Toxic Debt Still Plagues Spanish Banks (and Taxpayers Will End Up Paying for It) | Wolf Street https://wolfstreet.com/2018/03/11/years-after-crisis-was-solved-toxic-debt-still-plagues-spanish-banks/ Re-posted from Wolf Street. Geoff Geoff Comments: The Spanish citizens are screwed!!!

Posted in Banks, Debt, Spain | Tagged | Leave a comment

The $233 Trillion Dollar Dark Cloud Of Global Debt

The $233 Trillion Dollar Dark Cloud Of Global Debt | Zero Hedge https://www.zerohedge.com/news/2018-03-11/233-trillion-dollar-dark-cloud-global-debt Re-posted from Zero Hedge. Geoff Geoff Comments: There is a price to pay for uncontrolled spending of Fiat currency…

Posted in Debt, The world | Tagged | Leave a comment

Are Subprime Debt Slaves, a Leading Indicator, Worrying the Fed?

Are Subprime Debt Slaves, a Leading Indicator, Worrying the Fed? https://wolfstreet.com/2018/03/04/are-subprime-debt-slaves-a-leading-indicator-worrying-the-fed/ Re-posted from wolf Street. Geoff Geoff Comments: If it doesn’t, it should…

Posted in Debt, Slaves, Sub-prime | Tagged | Leave a comment

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…

Posted in Catastrophe, Debt, USA | Tagged | Leave a comment

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

Posted in Americans, Debt | Tagged | Leave a comment