Category : Debt crisis

April 16, 2018 - 4:57:44 AM

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.

April 16, 2018 - 4:52:35 AM

The looming debt crisis will hurt these Americans the most

The Congressional Budget Office confirmed on Monday what many Americans and all politicians already know: the United States is in a deeply precarious fiscal position.

April 11, 2018 - 7:17:49 AM

Global debt mountain climbs to record $237 trillion in 2017

The global debt mountain continues to grow.

April 5, 2018 - 8:08:49 AM

Senator proposes legislation to end student debt crisis

The student loan debt crisis made headlines on March 22 after Senator Brian Schatz, along with other legislators in Washington, introduced the Debt-Free College Act, an act that will reportedly reverse the debt crisis in America.

April 3, 2018 - 8:27:00 AM

US economy is headed for recession and the Fed will be held responsible, SocGen bear warns

A U.S. recession is coming, says Societe Generale's Albert Edwards.

April 2, 2018 - 6:42:19 AM

Venezuela Tries To Pay Russian Debt With Cryptocurrency

Venezuela's government wants to pay off its russian debt with its new cryptocurrency, the Petro.

March 28, 2018 - 7:10:17 AM

Student Education Crisis: Is it worth it ?

Student loans will probably be the cause of the next crisis.