Tag: Debt
To Survive Financial Storm of Virus, States Turn to Congress
(Associated Press) State governments trying to weather the financial storm brought on by the coronavirus are borrowing billions of dollars and desperately trying to...
‘Shadow’ Lenders Can Leave College Students in the Dark
(Associated Press) A new high school graduate may take out about $37,200 in student loans for college, according to a recent NerdWallet study.
And for...
Decline of the Dollar Could Happen at ‘Warp Speed’ — Prominent...
(MarketWatch) Stephen Roach, a Yale University senior fellow and former Morgan Stanley Asia chairman, tells MarketWatch that his forecast for a sharp deterioration of...
Inside Tricks to Pay Less Interest on Debt
(Associated Press) Maybe you've been working through credit card debt for a while now. Or maybe you racked it up recently as you prepared...
Social Unrest Rises as Confidence Falls
(Clint Siegner, Money Metals News Service) Protests egged on by the legacy media quickly devolved into large-scale riots and looting over the weekend in...
A Backdoor Central Bank Bailout of State Governments
(RealClearMarkets) Government-ordered business shutdowns aren’t flattening just the curve. They’re causing a steep drop in tax revenue for state and local governments.
To ensure the...
What’s Next, Trillion-Dollar Coins?
(Stefan Gleason, Money Metals News Service) The massive set of stimulus measures rolled out last month by the Treasury Department and Federal Reserve has...
What to Do When You CAN’T Pay Your Bills
(Associated Press) The economic fallout from the coronavirus pandemic could be profound. Many people are already losing jobs, with unemployment jumping at a...
Banks Try to Save Struggling Borrowers
(Associated Press) Tarred as villains during the 2008 financial meltdown, banks of all sizes are trying to help out Americans reeling from the economic...
Fed to Buy Unlimited Government Debt and Lend to Businesses
(Associated Press) In its boldest effort to protect the U.S. economy from the coronavirus, the Federal Reserve says it will buy as much government...
