Tagged: debt

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The Municipal Debt Crisis Begins

by Martin Armstrong I have previously reported that about 50% of German municipalities are insolvent. This is a global trend and we are witnessing it in the United States as well. The North Rhine-Westphalian Association...

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The Debt Beneath

Authored by Sven Henrich via NorthmanTrader.com, Debt is irrelevant and matters not. It’s different this time. That’s the message from politicians, markets and participants. Tax cuts pay for themselves (they do not), leverage doesn’t...

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Minimum Wage Goes Up for Wendy’s workers, but their benefits are slashed. Bottom 90% will continue to get crushed. Americans are using debt and food stamps to maintain standard Of living

@StockBoardAsset Debt Used To Maintain Standard Of Living h/t @LanceRoberts pic.twitter.com/yWPIWuPxSV — Alastair Williamson (@StockBoardAsset) January 3, 2018 The One Chart that says something is terribly wrong in America pic.twitter.com/Pdpfts4Mcl — Alastair Williamson (@StockBoardAsset)...

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Larry Lindsay: “Unfunded entitlement liabilities take US Federal debt obligations closer to 300%, not 100%, which is > Greece’s debt.” A. Greenspan: “We’re not getting like Greece, we’re getting like Illinois.”

Larry Lindsay, 5/19/15: “Unfunded entitlemt liabilities take US Federal debt oblig’s closer to 300%, not 100%, which is > Greece’s debt.” A. Greenspan: “We’re not getting like Greece, we’re getting like Illinois.” Richard Fisher:...