Posts Tagged
Credit
The Subprime Auto Loan Meltdown Is Here
Uh oh – here we go again. Do you remember the subprime mortgage meltdown during the last financial crisis? Well, now a similar thing is happening with auto loans. The auto industry has been doing better than many other areas of the economy in recent years, but this “mini-boom” was …
Financial Crisis 2016: High Yield Debt Tells Us That Just About EVERYTHING Is About To Collapse
Investors are rushing for the exits and we are starting to see panic on a level that we have not witnessed since the last financial crisis.
The Fed Just “Discovered” Another $2.7 TRILLION in Debt: “Quietly Boosted Total Credit”
The people of the United States, misled by its politicians, and plundered by its financial institutions, are swimming in so much debt that no one will probably ever grasp the truly staggering amount — if indeed it can ever be fully calculated. Forget paying it all back; the Federal Reserve …
Why Are The IMF, The UN, The BIS And Citibank All Warning That An Economic Crisis Could Be Imminent?
The warnings are getting louder. Is anybody listening? For months, I have been documenting on my website how the global financial system is absolutely primed for a crisis, and now some of the most important financial institutions in the entire world are warning about the exact same thing. For example, …