Economics and Investing:

Facebooktwittergoogle_plusredditpinterestlinkedintumblr

Global Debt Now At $200 Trillion

o o o

Student and auto debt fuel credit bubble 2.0: Student loans carry the highest delinquency rate of all debt classes. Student and auto debt up $1.15 trillion in last decade.

o o o

Here’s how Americans are eating into their savings . – H.L.

o o o

Items from Mr. Econocobas:

Moody’s Downgrades Chicago Debt to ‘Junk’ with Negative Outlook

Five Reasons Chicago Is in Worse Shape Than Detroit

5 Big Banks Expected to Plead Guilty to Felony Charges – And not much of anything will happen

U.S. Retail Sales Disappoint Again – Probably in the not too distant future, reality is going to start settling in. However, I know enough to know that pulling rabbits out of a hat is about sleight of hand and not actually pulling a rabbit out of a hat, so it’s possible something comes up that pushes the inevitable into the future again.

Bookmark the permalink.

Advertisements:


Leave a Reply

Your email address will not be published.
Anonymous comments are allowed, but will be moderated.
Note: Please read our discussion guidlelines before commenting.