Results for: consumer debt

Deutsche Bank Issues a Terrifying Warning for America Under Biden
https://pjmedia.com/tyler-o-neil/2021/06/09/deutsche-bank-issues-a-terrifying-warning-for-america-under-biden-n1453388
– An explosive growth in debt financed largely by central banks is likely to lead to higher inflation.” … “Rising oil prices could compound any consumer-driven inflation. Indeed the price of oil has haunted the Fed before. … These will eventually be passed on to the consumer,” the Deutsche Bank authors wrote.…
The Year of Disillusion
https://pjmedia.com/richard-fernandez/2016/04/02/the-year-of-disillusion-n194428
– Everyone from China’s central bank to Arab sovereign wealth funds to German provincial-government banks bought American mortgage debt … As the Wall Street Journal reports: CPS, which faces a $1.1 billion budget deficit and billions more in pension debt, already has … Overall, for the first time in this recovery, a broad and significant rise in core economic costs is slowing job creation, real consumer
The Next Devolution in China
https://pjmedia.com/vodkapundit/2016/05/26/the-next-devolution-in-china-n248875
– , even debt-happy Americans, can absorb. … Corruption, thrift, and a lack of consumer confidence have kept Chinese saving instead of spending. … Xi is determined to ward off the social unrest that will follow the debt blow up.…
The Next Revolution in China
https://pjmedia.com/vodkapundit/2016/05/23/the-next-revolution-in-china-n248866
– Longtime Sharp VodkaPundit Readers™ are well-informed already about the United States’ addiction to debt and cheap money, and our coming … Today’s China is also the world’s manufactory of first resort for consumer goods, and Chinese investments in infrastructure and resources…
NAACP Embraces Federal Crackdown on Payday Lenders
https://pjmedia.com/nicholas-ballasy/2016/06/14/naacp-embraces-federal-crackdown-on-payday-lenders-n103937
– WASHINGTON – Hilary Shelton, the director of the NAACP’s Washington Bureau, welcomed the Consumer Financial Protection Bureau’s proposal … “The Consumer Bureau is proposing strong protections aimed at ending payday debt traps. … “The short of it is it would certainly limit the number of access to predatory loans that are debt trapping, but in essence it also…
'I Kind of Ruined My Life by Going to College': 4 Student Debt Horror Stories
https://pjmedia.com/tyler-o-neil/2016/07/06/i-kind-of-ruined…ife-by-going-to-college-4-student-debt-horror-stories-n47060
– A source from the debt-buying industry told PJ Media that this was violation of regulations. … Retired University of Cincinnati Professor Mary Franklin told Consumer Reports that debt collectors threatened to garnish her disability … for the National Consumer Law Center.…
The Good and Bad News from the Congressional Budget Office
https://pjmedia.com/bill-straub/2015/02/04/the-good-and-bad-news-from-the-congressional-budget-office-n6597
– “Runaway spending habits have bred excessive deficits and incredible debt,” Enzi said. … “As we meet this morning, our Federal debt totals over $18 trillion. Every man, woman, and child owes $56,000 on that debt.  … Enzi vowed Congress will “act to control the spending, reduce the deficits and end the debt.…
Sign "O" the Times
https://pjmedia.com/vodkapundit/2015/03/06/sign-o-the-times-180-n247003
Consumer spending is down, initial jobless claims are up, and Marc Cuban says we’re in a tech bubble “far worse” the the DotCom Bubble … The difference between the last two bubbles and today is, we weren’t already sitting on $18,000,000,000,000 worth of debt, interest…
Your ♡bamaCare!!! Fail of the Day
https://pjmedia.com/vodkapundit/2015/03/17/your-obamacare-fail-of-the-day-276-n247066
– If you’ll recall, it was just last week I speculated that the declines in consumer spending, for three months running and despite … moderate incomes, simply do not have the resources to pay their deductibles and will either have to put off care or incur medical debt … It’s no wonder that collections for medical debt represent half of all bill collections.…
Sanders, Dems Propose Investment Gains Tax Hike to Pay for Social Security Expansion
https://pjmedia.com/nicholas-ballasy/2017/02/23/sanders-dems…gains-tax-hike-to-pay-for-social-security-expansion-n107566
– “Everybody in this room knows that Social Security hasn’t added a nickel to the debt. … breaks for billionaires and the war in Iraq and an inflated military budget that in fact led to the high deficits and the national debt … insurance amount” for qualified beneficiaries starting in 2021 and “revise computation of cost-of-living adjustments to use the Consumer
Budget Director: Meals on Wheels 'Sounds Great,' But 'Not Showing Any Results'
https://pjmedia.com/bridget-johnson/2017/03/16/budget-direct…s-on-wheels-sounds-great-but-not-showing-any-results-n108029
– Meals on Wheels America says one in six senior Americans “struggles with hunger,” and their consumer base consists of seniors who receive … We’re $20 trillion in debt. We’re going to spend money. We’re going to spend a lot of money.…
Mont. Dem. Rob Quist Silent on Genital Herpes in Tax Evasion Case
https://pjmedia.com/tyler-o-neil/2017/05/17/mont-dem-rob-quist-silent-on-genital-herpes-in-tax-evasion-case-n42606
– In that announcement, the campaign declared, “After medical complications following surgery, Rob Quist got into debt. … Quist paid off his debt, but he believes no one should ever face bankruptcy just because they get sick.” … The most recent poll, from Google Consumer Surveys, found Quist ahead of Gianforte, with 49 percent to the Republican’s 42 percent.…
GOP Senator: Time ‘Running Out’ to Pass Trump Agenda
https://pjmedia.com/nicholas-ballasy/2017/07/11/gop-senator-time-running-out-to-pass-trump-agenda-n110887
– healthcare in the next week or two, between now and the end of the fiscal year, we only have 31 working days left and we have the debt … are made including allowing people to use pre-tax dollars from health savings accounts to pay premiums as well as adopting the “consumer
Bewitched, becalmed, bewildered
https://pjmedia.com/richard-fernandez/2017/07/07/bewitched-becalmed-bewildered-n194823
– responsible for secular stagnation, namely demography, education, inequality, globalization, energy/environment, and the overhang of consumer … and government debt. … These four barriers to growth are demographics, education, inequality, and government debt.…
A Student Debt Forgiveness Program That's Out of Control
https://pjmedia.com/rick-moran/2017/07/23/a-student-debt-forgiveness-program-thats-out-of-control-n52648
– What is the moral hazard in forgiving student loan debt? … debt burden, surpassing auto and credit card debt and trailing only mortgage debt. … Borrowers With Student Loan Debt: 44.2 million Student Loan Delinquency Or Default Rate: 11.2% Total Increase In Student Loan Debt
The 'Amazon Washington Post,' and Why It Needs to Be Destroyed
https://pjmedia.com/michael-walsh/2017/07/22/the-amazon-washington-post-and-why-it-needs-to-be-destroyed-n120617
– Don’t want to go into debt over that irresistible offer Alexa just chirped to you? Fuhgeddaboutitt. … The FTC is probing a complaint brought by the advocacy group Consumer Watchdog, which looked at some 1,000 products on Amazon’s website … Consumer Watchdog argued that the deceptive list prices make Amazon prices look like a bargain, and asked the FTC to stop Amazon from…
The End of the Memory Hole
https://pjmedia.com/richard-fernandez/2016/08/20/the-end-of-the-memory-hole-n194568
– model of state capitalism that lives off of commodities exports —redistributing revenues among the population and stimulating consumer … captures the mood of leftist cohort that has repeatedly turned the corner expecting to find a Worker’s Paradise only to find Student Debt
Your Wednesday Afternoon Dose of Doom & Gloom
https://pjmedia.com/vodkapundit/2015/04/29/your-wednesday-afternoon-dose-of-doom-gloom-4-n247348
– Don’t be fooled by those “strong” numbers from Q3 and Q4 of last year — they were mostly the result of a surge in consumer spending … the extent that demand is growing at all in the world economy, it seems again to be almost entirely dependent on rising levels of debt … A crisis caused by too much debt has been fought with even more of the stuff.…
Proposed CA Bill Allows Some Calls to Be Recorded Without Consent
https://pjmedia.com/stephen-kruiser/2015/05/05/proposed-ca-bill-allows-some-calls-to-be-recorded-without-consent-n200639
– provision in state law making it illegal for companies to record all cellphone conversations without the express consent of the consumer … The bill was opposed by numerous advocates for consumers and seniors, including the Consumer Federation of California and the American … privacy, it is wrong to be considering rolling back an important privacy law,” said Richard Holober, executive director of the Consumer
Small-Ball Conservatism or National Greatness?
https://pjmedia.com/david-p-goldman/2016/10/25/small-ball-conservatism-or-national-greatness-n132160
– Federal debt was only 30% of GDP in 1979 (not counting unfunded entitlements), but rose to 110% in 2015. … The former technological vanguard, though, has turned into a group of stable consumer monopolies.…
Will Trump’s Populist Policies Actually Make America Great?
https://pjmedia.com/henry-gomez/2016/11/11/will-trumps-policies-make-america-great-n5626
– protectionism that inflate prices and give consumers fewer choices, to tax cuts that bring companies back, create jobs, and preserve low consumer … During the campaign, Trump didn’t really address the debt and spending, and when he did, he actually advocated more borrowing because…
The Abolition of Money
https://pjmedia.com/richard-fernandez/2016/11/28/the-abolition-of-money-n194658
– This explains why the policy is an attack on the Indian way of doing business: Much of India’s cash-based consumer transactions have … Last year, our federal government spent $223 billion, or 6 percent of all discretionary spending, on debt interest payments. … On our current track, we will spend more on debt interest than we do on our national defense within ten years.…
CFPB Director Makes Revolutionary Budget Request and Washington Faints
https://pjmedia.com/rick-moran/2018/01/18/cfpb-director-makes-revolutionary-budget-request-n55687
– Mick Mulvaney, former member of Congress who now heads up the Consumer Financial Protection Bureau (CFPB), just forced an epidemic … They aren’t trying to put the consumer in a “debt trap.” … The consumer does it himself due to a failure to understand what he is signing.…
CBO Projects Steeper Hike in Deficits Since Last Report in June
https://pjmedia.com/bridget-johnson/2018/04/10/cbo-projects-steeper-hike-deficits-since-last-report-june-n115577
– Most of this growth is driven by consumer spending and business investment, but federal spending also contributes a significant amount … As deficits accumulate, debt held by the public rises from 78 percent of GDP, or $16 trillion at the end of 2018 to 96 percent of GDP…
Stop Griping About Social Distancing. Embrace the Reset.
https://pjmedia.com/jeff-reynolds/2020/03/18/stop-griping-about-social-distancing-embrace-the-reset-n379340
– Surveys show that Americans carry too much debt and don’t have much savings to help weather a crisis. … There are a bunch of great courses out there on how to create a proper household budget and stop relying on consumer debt to pay for … Debt is slavery, and financial freedom is one of the most empowering things a family can learn.…
Previous Next