Consumer Debt

"Large populations of educated under-employed people are very very dangerous to the social order" while "Jeff Bezos is having a very good crisis" —  Krystal Ball, Saagar Enjeti and Joel Kotkin discuss how screwed people will be, especially young people, when the active coronavirus era ends.by Thomas Neuburger"What will we break if the next thing that breaks is us?" —Yours trulyAs regular readers know, I've been concerned about the "coronavirus endgam

Tears in the eyes of many at @BernieSanders medical debt town hall in Des Mones [sic]. As attendees tell their stories about ICUs, debt collectors, and coverage denials almost all have said that Sanders is “the only one I can trust” to alleviate their financial emotional burdens pic.twitter.com/rpWWgIXYdU— Cara Korte (@CaraKorte) September 22, 2019

(ANTIMEDIA) —Most people haven’t studied economics and don’t understand the contributing factors that led to the Great Recession, so they still view the Federal Reserve as a hero that saved the country from total collapse. But those who are informed understand that the financial bubbles seen over the last 20 years have been directly caused by reckless central bank intervention in the markets.