By Michael Snyder Article Source Have you noticed that the pace of layoff announcements has gotten rather fast and furious lately? Many of the biggest companies in the entire country are now conducting mass firings, and this is...
Read MoreBy Michael Snyder Article Source Will this be the last “somewhat normal” holiday season for U.S. retailers? Normally, the holiday season is the most profitable time of the year for our retailers, but it has become clear that...
Read MoreWhile the ‘digital dollar’ pilot project is said not to signal an immediate decision on a U.S. central bank digital currency (CBDC), some see it as a dangerous leap toward a CBDC. By Emily Mangiaracina Article Source Global...
Read MoreBy Mike Maharrey Article Source After running a $1.3 trillion deficit in fiscal 2022, the U.S. government took up right where it left off to start fiscal 2023 — running yet another big budget deficit. The October budget...
Read MoreBy Michael Snyder Article Source We never seem to learn from our mistakes. Just before the financial markets crashed and the economy plunged into a horrifying recession in 2008, U.S. consumers went on a debt binge of epic...
Read MoreBy Belle Carter Article Source TransUnion, a credit agency that tracks more than 81 million auto loans throughout the United States, has reported that Americans are failing to pay their auto loans as borrowing costs continue to...
Read MoreBy Devvy Kidd Article Source “I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling...
Read MoreBy Frosty Wooldridge Article Source “Bleeding Americans into bankruptcy with a thousand financial cuts” As of this November 2022, our national debt reached $31,246,400,000,000.00 (trillion). Each American citizen owes...
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