When will America finally wake up? The borrower is the servant of the lender, and we now have a colossal 20 trillion dollar chain around our collective ankles. We have willingly enslaved ourselves, our children and our grandchildren, and yet our addiction is so insatiable that we continue to add more than 100 million dollars to our […]
There has been a tremendous amount of talk about the spending deal that was just reached in Congress. Most of the focus has been on who “won” and who “lost” politically, and if you have been keeping up with my articles you definitely know my opinion on the matter. But what nobody is really talking […]
More than a third of all Americans can’t pay their debts. I don’t know about you, but to me that is a shocking figure.
If anyone ever asks you how much debt there is in the world, now you will know the answer. According to the IMF, the total amount of debt around the globe has now hit a staggering 152 trillion dollars.
Did you know that almost 70 percent of the U.S. population is essentially living paycheck to paycheck?
What is going to happen when America finally doesn’t have any manufacturing jobs left at all?
In 2006, U.S. Senator Barack Obama’s voice thundered across the Senate floor as he boldly declared that “increasing America’s debt weakens us domestically and internationally.
Did you know that more Americans now die from suicide than are killed in car crashes each year? According to the CDC, there has been a substantial spike in suicide deaths in the United States in recent years. Today, approximately 9.3 million Americans admit to having suicidal thoughts, and approximately 2.7 million Americans each year actually make a […]
Could you live without debt? Most Americans say that they cannot. According to a brand new Pew survey, approximately 7 out of every 10 Americans believe that “debt is a necessity in their lives”, and approximately 8 out of every 10 Americans actually have debt right now. Most of us like to think that “someday” […]
Retail sales during the four day Thanksgiving weekend were down a whopping 11 percent from last year. This is a “make or break” time of the year for many retailers, and if things don’t turn around during the coming weeks we could see a tsunami of store closings in January and February. As you read […]
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