Tags » Debt

Return of the Living Debt

The house was cool and quiet, a nice night in alone on the couch. A slight shudder ran up your spine as the phone vibrated on your arm rest. 420 more words

Personal Finance

ECB’s First Chief Economist Warns – The EU is a ‘House of Cards’, by Michael Krieger

Yes, the European Union is doomed and will collapse, probably sooner than most people think. From Michael Krieger at libertyblitzkrieg.com:

None of the following about the EU will come as a surprise to most of you, but the language used by Otmar Issing is nevertheless pretty remarkable. 415 more words


Is Obama Juicing Government Spending to Get Hillary Elected? by Jim Quinn

One record Obama will establish: the national debt has gone up more in his eight years than for any other president. Now, he might be spending a little extra just to make sure Cankles gets elected. 492 more words


Drowning In Debt: 35 Percent Of All Americans Have Debt That Is At Least 180 Days Past Due, by Michael Snyder

Another canary in extremis: many Americans are in hock up to their eyeballs. From Michael Snyder at theeconomiccollapseblog.com:

More than a third of all Americans can’t pay their debts. 492 more words


Canaries In Extremis, by Robert Gore

Most people’s strongest memory of the last financial crisis was the September 2008 bankruptcy of Lehman Brothers. However, thirteen months prior to that, August 2007, two Bear Stearns’ mortgage hedge funds went bankrupt. 1,118 more words


Snowball vs Avalanche: Digging Your Way out of Debt

If you’ve landed in a pile of debt that seems virtually impossible to get out from under, you may just need a new approach. Usually, people who have substantial dollar… 625 more words