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Tag: Debt
This Is Where America’s Most Debt-Burdened People Live
Americans have racked up almost $13 trillion in personal debt for things like mortgages, car notes and student loans. $13 trillion is such an enormous pile of money, it’s hard to imagine what that looks like across the country. So, HowMuch.net created a new map to figure out exactly what’s going on…
This post was published at Zero Hedge on Fri, 12/29/2017 –.
Ron Paul Warns America’s “On The Verge Of Something Like 1989’s Soviet System Collapse”
Ron Paul does not believe the U. S. will break into separate countries, like the Soviet Union did, but expects changes in the U. S. monetary policy, as well as the crumbling of the country’s “overseas empire.”
The godfather of the Tea Party movement and perhaps the most prominent right-leaning libertarian in America, Ron Paul, believes the economic boom the United States experienced under President Trump could be a ‘bit of an illusion.’
Mr. Paul sees inequality, inflation, and debt as real threats that could potentially cause a turmoil.
‘the country’s feeling a lot better, but it’s all on borrowed money’ and that ‘the whole system’s an illusion’ built on corporate, personal, and governmental debt.
‘It’s a bubble economy in many many different ways and it’s going to come unglued,’
In a recent interview with the Washington Examiner, Paul said,
‘We’re on the verge of something like what happened in ’89 when the Soviet system just collapsed. I’m just hoping our system comes apart as gracefully as the Soviet system.
This post was published at Zero Hedge on Fri, 12/29/2017 –.
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