Survivalist Forum banner

debt

  1. Financial Forum
    Read at least the first of this to get the idea. What will the real consequences be? http://www.cadtm.org/spip.php?page=imprimer&id_article=15819 I’ve listened to serious people debate student debt forgiveness/cancellation, they echo many serious concerns – impact of the federal deficit...
  2. General Discussion
    Burlington College Feels the Bern! Will Close Thanks to Crushing Debt Acquired by Mrs. Bernie Sanders No surprise here! So you secure a loan based on fund raising and commitments. :xeye: Who would loan money on that? :xeye:
  3. Financial Forum
    https://www.fms.treas.gov/dts/index.html The thing to watch is in TABLE III-C - Debt Subject to Limit. As of October 6, 2015, the total public debt is $18,112,975,000,000 ($18.1 Trillion). Ironically, the Federal government and the Treasury have been playing a shell game for perhaps the past...
  4. General Discussion
    http://globaleconomicanalysis.blogspot.com/2015/04/shockingly-bad-fiscal-health-of-chicago.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29
  5. Financial Forum
    This article has intrigued me the past couple days: "Income inequality: Does wider gap between rich and poor threaten capitalism?" http://www.csmonitor.com/USA/2014/0105/Income-inequality-Does-wider-gap-between-rich-and-poor-threaten-capitalism Turns out that Bill Gross, one of the wealthiest...
  6. Financial Forum
    http://www.msnbc.msn.com/id/48959339/ns/business-us_business/#.UEy8_lFYWSo This is what happens when you run an economy on debt-the ponzi scheme eventually collapses when everybody is loaded up with so much debt that most of their meager incomes are going to pay banksters, not to buy goods and...
  7. Financial Forum
    David Stockman, former budget director for Ronald Reagan spells it out plain and simple in the USA Today. He is sharp and knows his stuff. http://www.usatoday.com/money/economy/story/2012-03-03/david-stockman-says-economic-disaster-lurks/53339644/1 "The consequences are horrendous. If you...
  8. Financial Forum
    Debt is Endemic In Our System... And the Deleveraging Will be Brutal For Businesses and Investors Alike Debt is absolutely endemic in our financial system. The average non-financial corporation in the US is sitting on a debt to equity ratio of 105%. Bank leverage while relatively low compared...
  9. Financial Forum
    What happens when consumtion decreases or goes away? excellent article with charts here: (October 24th entry) http://www.mybudget360.com/how-much-average-american-income-irs-data-student-loan-deduction-surges-wages-fall-recession-agi-income-top-one-percent/#more-3485 from ...
  10. Financial Forum
    http://www.zerohedge.com/news/scariest-chart-ever Could anyone point me to another organization which does not base their information on the IMF to verify or debunk the above referenced chart? Thanks, MtnCat
  11. Financial Forum
    Where does money come from? How does that work? This video will vastly increase your knowledge of the economic system, the money supply and thereby wealth creation and deletion.
  12. General Discussion
    so now that the us diverted a default, and put america into adittional 7ish trillion dollar in debt, it's time for the birthday bash. but is it ruined? the party favors were busted in the caribbean, 7ish ton of it!
  13. General Discussion
    so here we are. doing what is not popular will make your a terrorist. Biden: Tea partiers like 'terrorists' one day soon, the defenders of the us constitution will be deemed as terrorists. ......... it might be happening now.
  14. Financial Forum
    Ok. The link below is to a story that states that Moody's sees no reason in either of the debt bills to keep it from reducing the US's AAA rating. http://thehill.com/blogs/on-the-money/801-economy/174447-moodys-neither-plan-protects-the-nations-aaa-rating Here is the question: What are the...
  15. Disaster Preparedness General Discussion
    Pardon my ignorance, but as I read over many posts here, a common piece of advice is to pay off your debts in a shtf-coming situation. I agree, in general, that we should seek to have as little debt as possible, it just makes life easier and less stressful. But if you're convinced that a shtf...
  16. Financial Forum
    If the economy and/or the government collapses who do you think will be collecting debt payments on mortgages, credit cards, etc?
  17. Financial Forum
    Dave Ramsey Rocks ! If you don't know Dave - check his website and listen to the free audio files of his radio show. http://www.daveramsey.com/radio/home/index.cfm?FuseAction=dspContent&strMode=dspShowArchives His basic plan is: 1) make minimum payments on all debts and use any extra...
  18. General Discussion
    I certainly believe the problems we are seeing now are beyond left wing or right wing as they are two sides of the same coin serving the same masters. This video I stumbled on puts it in perspective and done in quite an amusing way... Talk about mortgage indebted home owners never going on...
  19. Financial Forum
    Interesting article about taking out too many student loans to pay for an expensive college education. One thing that got me - $90,000 for a bachelors degree? That is kinda expensive to me. Dont people think about the long term effects of taking out loans? Even if it is for an education...
  20. Financial Forum
    Scenario: The USA can’t get anymore loans to pay for its debt. So, it can’t pay checks to employees and more. These include the following: 1) Soldiers 2) Postal Workers 3) Social Security Recipients 4) Politicians 5) Supreme Court Personnel 6) US Military Hardware Expenses; Jets, Boats...
Top