Death of the Dollar

Consumer Borrowing Slows; Is the “Resilient” American Consumer Running Out of Gas?

by Peter Schiff, Schiff Gold: The “resilient” American consumer seems to be running out of gas. Americans are still running up credit card debt but at a much slower pace. Meanwhile, borrowing for big-ticket items has cratered. Total consumer debt rose by $5.2 billion in October, according to the latest data from the Federal Reserve. That […]

Many Americans Are Unable to Afford Food, Even as Unemployment Remains Low

from Sputnik News: Despite being the wealthiest country in the world by net worth (according to 2022 data), the United States continues to struggle with hunger. A report from the US Department of Agriculture (USDA) found more than 44 million Americans facing hunger last year, including 1 in 5 children. Programs which provide food to […]