Debt nurturing gluttonous society of people and government. How about spending what you earn from your efforts and ingenuity?
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Americans stopped buying homes in 2018, mortgage lenders are getting crushed, and an economic storm could be brewingThe US housing market took a dark turn in 2018, as homebuying fell off a cliff and lenders saw a drop-off in applications, originations, and profits. How does anyone justify a 15-30 year mortgage in a 'gig eco omy'?
Source: BusinessInsider - 🏆 729. / 51 Read more »
The No. 1 thing Netflix investors should worry about is not its debt load.Netflix has outperformed the closely followed group of technology stocks known as the FAANGs in 2019. Its recent earnings showed strong subscriber growth, but there is a long-term concern that should worry investors. Netflix has to worry about high expectations and decentralization and super niche areas. They have to continually expand their genres and offerings while maintaining a low cost to serve.
Source: CNBC - 🏆 12. / 72 Read more »
U.S. on track to add $12 trillion to national debt by 2029 unless Washington changes courseWashington has been drowning in red ink for years and it’s only going to get a lot worse over the next decade, a fresh government estimate shows. The U.S. is likely to add $12 trillion in public debt from 2020 to 2029. In Germany they have a budget surplus That's it? Obama did that a lot quicker about 80% of Global GDP! Actions need to be taken!
Source: MarketWatch - 🏆 3. / 97 Read more »
Louisiana seeking ways to lessen $3B flood-protection debtLouisiana welcomed federal flood-protection money in the wake of Hurricane Katrina in a deal that didn't require the state to begin repaying its share for a decade. But now that bill is coming due, and it has ballooned to a dismaying $3 billion because of accumulated interest. The looming... Look to defence and network of academics.... Get Mexico to pay for it😂😂😂😂😂 Build above sea level
Source: ABC - 🏆 471. / 51 Read more »
U.S. debt ceiling won't roil bill issuance: TreasuryThe U.S. Treasury on Wednesday said hitting a limit on government borrowing won&... america is.insolvent and bankrupt . invest in Malaysia now ssmofficialpage OfficialMIDA matrade mitigate Good thing we’ve got all those “fiscal watchdogs” in the Freedom Caucus As long as China keeps buying our debt everything is fine.
Source: Reuters - 🏆 2. / 97 Read more »