Danger Jay Powell! US Median Home Prices Crashed -7.4% In Q2,...
• Confounded Interest...Worst Decline Since Recessions Of 1970 And 2008 (Higher Mortgage Rates + Tighter Mortgage Credit Box = Heartaches On Heartaches!)
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...Worst Decline Since Recessions Of 1970 And 2008 (Higher Mortgage Rates + Tighter Mortgage Credit Box = Heartaches On Heartaches!)
Peter Schiff recently appeared on Nino's Corner with David Nino Rodriguez to talk about the trajectory of the economy.
Will "Climate Stakeholders" Engineer an Economic Depression to Save the Planet From Global Warming?
Even though we are not yet in a recession, banks are already perilously close to collapse.
Moody's sees material exposures to higher-risk office and construction loans by regional banks.
Applications for a mortgage to purchase a home fell 2% for the week and were 28% lower than the same week one year ago.
As more consumers default on credit card and auto loan payments, financial strain intensifies as the Federal Reserve's interest rate hiking campaign stands at two-decade highs, potentially leading to a surge in vehicle repossessions.
Great Depression vs Silent Depression: 1930 vs 2023 Numbers Are Shocking
-As Consumer Confidence Plummets And Retailers Fall On Hard Times
...and Michael Burry's latest big short is a 'good move,' says top economist Steve Hanke
Americans are becoming increasingly dependent on their credit cards to make ends meet from month to month, the percentage of us that are carrying balances from month to month is growing, and the average rate of interest on such balances has risen abo
Some deny there is a housing bubble. I believe the bubble is obvious.
-its politicians warn, as the country is labelled the 'sick man of Europe' for its stagnating economy while Brexit Britain sees growth
Housing affordability, as monitored by the Atlanta Fed, has already deteriorated beyond the levels seen at the housing bubble's peak in 2006.
I've been referring to September as a month to watch when it comes to the complete economic disaster that's about to befall the Western world.
Normies waking up to the fact that they can't afford to live anymore
In this week's episode of Live from the Vault, Andrew Maguire is joined by Rob Kientz of GoldSilverPros.com to evaluate the immediacy of another major US banking crisis and the ricochet effect this could have on people's bank deposits.
It's All Gone: All "Excess Savings" Have Now Been Exhausted, JPMorgan Calculates "lower income cohorts are increasingly coming under pressure with fewer offsets and with little sign of relief from the high cost of capital environment"
Roughly two and a half years ago it was predicted here on AdvancingTime that we might soon be witness to the first global inflationary depression. Many of us predicted inflation rolling in but underestimated the size of stimulus that would be put in
By closing down economic and social activity in response to the so-called covid pandemic, "from an economic standpoint, when you confine the labour force and you freeze the workplace, the answer is obvious: it's economic collapse, of the real eco
Minneapolis CNN - More Americans are tapping their 401(k) accounts because of financial distress, according to Bank of America data released Tuesday.
Last week, Fitch Ratings downgraded the US's long-term credit rating from AAA to AA+. While the downgrade won't significantly impact the US government's ability to borrow, it should serve as a wake-up call because there is a much bigger problem
Elon Musk's latest remark on the economy sparks intrigue as he ponders, "Hard to tell what the heck is going on," amid the backdrop of positive job growth reports.
The RV Sales numbers coming out of Elkhart are dismal this summer, with some dealers even using the R-word to describe the seriousness of the problem – R as in Recession!
Good news. The looming US recession has been canceled. Or has it?
Over the past few years, tens of millions of consumers witnessed a remarkable increase in their credit scores, primarily due to helicopter money dished out by the federal government, rock-bottom interest rates, and a pause on student-loan payments.
The Federal Reserve has hiked interest rates to levels not seen since before the financial crisis in 2008. The money supply had contracted at a rapid rate.
It's just the Beginning