Category : Debt crisis
The U.S. is Shackled by Historic Debt
Do you feel as if you’re drowning in debt? It’s worse than you think.
Consumer debt is set to reach $4 trillion by the end of 2018
Americans are in a borrowing mood, and their total tab for consumer debt could reach a record $4 trillion by the end of 2018.
Italy is thinking about taking a $250 billion writedown
Huffington Post Italia leaked a government proposal late Tuesday showing that populist parties had drafted plans to ask the European Central Bank for debt forgiveness of €250 billion ($300 billion).
Argentina seeks IMF financial aid 'to avoid crisis'
Argentina is to start talks about a financing deal with the International Monetary Fund (IMF) on Wednesday amid reports it is seeking $30bn.
Breaking down America’s worst long-term challenges
Today, the national debt stands at more than $21 trillion.
China remains largest buyer of US debt amid Trump trade war and Japan sells off
Beijing is the largest holder and buyer of the US Treasury securities despite the two countries being engaged in a spiral of mutual trade restrictions.
The State of the American Debt Slaves
Total consumer credit rose 5.1% in the first quarter, compared to a year earlier.
Will A Debt Build-Up Cause Gold To Soar ?
Despite misguided economic policies and rising geopolitical tensions, the long market expansion has prevailed. But times may be changing.
Venezuela’s once-promising gold industry is in utter shambles
The once promising Venezuelan gold industry is in a total mess, despite government efforts.
Stock markets ‘right on the brink’ of 50% crash, financial expert warns
US stock markets are currently passing through the same peaks they faced 11 years ago, right before the massive sell-off that triggered the 2008 financial crisis, according to Phil Town, who sold his stocks before the crash.