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Chinese companies are defaulting on their debt at a record pace — and experts say it could spark a worldwide crisisThe sheer scope of debt levels in China are leading to fears that the country could be teetering on the edge of a crisis. Yes! All the troubles come from China, Russia and the Middle East. Us owes 100 trillion + they going to pay ? Nope. So why would anyone ? Time to short has come..This year gonna be awesome
Source: BusinessInsider - 🏆 729. / 51 Read more »
Fed Says Student Debt Has Hurt the U.S. Housing MarketThe Fed says student debt has prevented 400,000 young Americans from buying homes and may help explain why many college graduates have moved out of rural areas When you have kids start saving for their college education if you want them to go. Especially if you sent them to free public school. where are we going... free education.... free houses.... or both... don't answer that... Borrowing money without tangible payback is something parents should teach their children. If it’s a bad deal, consider something different, e.g., trades.
Source: WSJ - 🏆 98. / 63 Read more »
Fed Says Student Debt Is Hurting U.S. Housing MarketStudent debt has prevented hundreds of thousands of young Americans from buying a home in recent years and may help explain why many college graduates have moved out of rural areas, the Federal Reserve said. 🤔🤔🤔 Maybe the focus should be on the outrageous tuition rates colleges and Universities are charging these days? maxine just said 1. trillion dollars student debt.
Source: WSJ - 🏆 98. / 63 Read more »
Here come the defaults: Credit outlook darkensSears, Toys 'R' Us and Gymboree might just be the tip of the iceberg. Financial institutions are bracing for more companies to default on the debt they've piled on over the past decade. Amazon may send retailer into obsolescence realDonaldTrump is this winning yet? IMPEACH Online sales are crushing these niche companies and companies in general. If you can't evolve in retail the others around you will, and wont look back.
Source: CNN - 🏆 4. / 95 Read more »