Daily Archives: August 8, 2017

US Consumer Credit Card Debt Balloons to All-Time High

American consumers have accumulated $1.02 trillion of debt on their credit cards as of June, according to the US Federal Reserve. This is more than the record set just before the 2008 financial crisis. US household debt balances were $12.73 trillion in March 2017, compared

Behind The Scenes, Plans Are Being Formulated

Obamacare is officially destroying the economy. Duterte meets Tillerson, the Pentagon wants to bomb the IS in the Philippines. Canadian National advisor visits NK. Tillerson says all NK needs to do is to stop the missile tests at the same time the US and South

The Markets Have Never Done This Before- Watch the Signs

A fascinating statistic about the current no-vol state of the market, courtesy of Deutsche’s Jim Reid, who points out that the last time we had 13 consecutive days in which the S&P moved less than 0.3% in either direction was… never: Learn More: http://www.zerohedge.com/news/2017-08…

Chelsea Handler Is A Racist Idiot

The comedian did a bit of virtue signaling when she made a “joke” about the US adopting laws against ‘people who think racism is funny’. Almost instantly the internet responded with all of the racist statements Chelsea has made in the past. We’ve got a