Dec 12 2008
How to get out of Debt: Can it be the American Consumer is Contributing to Deflation by Paying off Debt?
The Federal Reserve flow of funds report was issued this week and for the first time since 1951, when records started being kept household debt has actually declined. The larger meaning of this? Many Americans simply cannot take on anymore debt. What it also means is that many Americans are more reluctant to take on [...]
Oct 19 2008
American Debtor Psycho: $49 Trillion in Debt. The Real Reason why the Credit Crisis is Bigger than you Think.
This report may come as a surprise to you. It is often thrown around that we as a nation are heavily in debt. We hear the words billions and now even trillions being thrown around with really no breakdown of where the debt is flowing to. In this article, we are going to breakdown every [...]
