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Tag: personal debt crisis

US Credit Card Debt Hits $1.14 T

The Federal Reserve Bank of New York released data this week indicating that American credit card debt has reached a new high of $1.14 trillion. A separate report...

Household Debt in Canada Exceeds 100% of GDP

World leaders spend recklessly with no regard for the overall economy. Canadian Prime Minister Justin Trudeau has fallen out of favor for one primary reason – the...

America’s Consumer Economy is Dying – Weak May Retail

America’s robust consumer economy helped it emerge as a global powerhouse. Nations once stood in line, eager to sell to America as our consumer economy composed...