Tagged: debt

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NY Fed Warns of a Massive Debt Bubble

by The Phoenix   While everyone is focusing on political issues, the NY Fed published a stunning report on the state of the US consumer. According to the NY Fed, the average US household has...

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Debt, Dollars, DOW, War, Silver and Shirts

by Gary Christenson Yes, they are connected. Dollars are created as debt. More dollars in circulation = more debt. More debt means consumption is “pulled forward” from the future so consumption can occur now. This...