Daily Archives: August 16, 2017

While everyone is focusing on political issues, the NY Fed published a stunning report on the state of the US consumer. According to the NY Fed, the average US household has hit a new record for debt, surpassing the old … Continue reading

Posted on by The Phoenix | Comments Off on Did the Fed Just Warn the Debt Bubble is Bursting?

While everyone is focusing on political issues, the NY Fed published a stunning report on the state of the US consumer. According to the NY Fed, the average US household has hit a new record for debt, surpassing the old … Continue reading

Posted on by The Phoenix | Comments Off on NY Fed Warns: It’s a Massive Debt Bubble and the Credit Cycle is Turning