EMerging Equity
Debts
Corporate Debt Defaults Explode To Catastrophic Levels Not Seen Since The Last Financial Crisis
By Michael Snyder If a new financial crisis had already begun, we would expect to see corporate debt defaults skyrocket, and that is precisely what is happening. As you will see below, corporate defaults are currently at the highest level that we have seen since 2009. A wave of bankruptcies is sweeping the energy industry, … Continue reading
Plunging Manufacturing Numbers Mean That It Is Time To Hit The Panic Button For The Global Economy
By Michael Snyder We haven’t seen numbers like these since the last global recession. I recently wrote about how global trade is imploding all over the planet, and the same thing is true when it comes to manufacturing. We just learned that manufacturing in China has now been contracting for seven months in a row, … Continue reading
Guess How Many Nations In The World Do Not Have A Central Bank?
By Michael Snyder Central banking has truly taken over the entire planet. At this point, the only major nation on the globe that does not have a central bank is North Korea. Yes, there are some small island countries such as the Federated States of Micronesia that do not have a central bank, but even … Continue reading
Will The US Economy Collapse Soon?
After a weak first quarter, America’s financials are bloated while the real economy is barely a step away from recession, however, the overall economy is closer to a lengthy stagnation rather than a full-blown demise. By Kristian Rouz, Sputnik News US economy has not fared well in 2015 thus far, staggering and almost nearing a halt … Continue reading
It Is Mathematically Impossible To Pay Off All Of Our Debt
Did you know that if you took every single penny away from everyone in the United States that it still would not be enough to pay off the national debt? By Michael Snyder Today, the debt of the federal government exceeds $145,000 per household, and it is getting worse with each passing year. Many believe … Continue reading
The Debt To GDP Ratio For The Entire World: 286 Percent
Did you know that there is more than $28,000 of debt for every man, woman and child on the entire planet? And since close to 3 billion of those people survive on less than 2 dollars a day, your share of that debt is going to be much larger than that. If we took everything that … Continue reading
Most Americans Are Slaves And They Don’t Even Know It – OpEd
Most Americans spend their lives working for others, paying off debts to others and performing tasks that others tell them that they “must” do. These days, we don’t like to think of ourselves as “servants” or “slaves”, but that is what the vast majority of us are. It is just that the mechanisms of our … Continue reading
Barack Obama Says That What America Really Needs Is Lots More Debt – OpEd
By Michael Snyder When it comes to taking a chainsaw to the future of America, nobody seems more eager than Barack Obama. Despite the fact that the U.S. national debt is on pace to approximately double during his eight years in the White House, he has just proposed a budget that would take government spending … Continue reading
The U.S. Government Is Borrowing About 8 Trillion Dollars A Year
By Michael Snyder /originally published on 29th September 2014/ I know that headline sounds completely outrageous. But it is actually true. The U.S. government is borrowing about 8 trillion dollars a year, and you are about to see the hard numbers that prove this. When discussing the national debt, most people tend to only focus … Continue reading
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