Viable Opposition

Showing posts with label consumer credit. Show all posts
Showing posts with label consumer credit. Show all posts
Thursday, August 20, 2015

How the Federal Reserve Has Lulled Consumers Into a False Sense of Credit Reality

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Updated May 2016 Consumer debt levels are becoming increasingly  worrisome, an observation that is not terribly surprising given the long...
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Friday, May 1, 2015

The Consumer Debt Trap

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The latest version of the  Household Debt and Credit Report from the New York Federal Reserve Bank shows that household debt levels contin...
1 comment:
Monday, April 29, 2013

America's Indebted Consumers - An Explanation for Poor Economic Growth

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Consumer spending is the driver behind economic growth in today's economy.  Since consumer spending in the U.S. makes up rou...
1 comment:
Friday, December 14, 2012

The Looming Consumer Fiscal Cliff

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A paper titled " How to Predict the Next Financial Crisis " by Steve Clemons and Richard Vague provides us with insigh...
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About Me

A Political Junkie
I have been an avid follower of the world's political and economic scene since the great gold rush of 1979 - 1980 when it seemed that the world's economic system was on the verge of collapse. I am most concerned about the mounting level of government debt and the lack of political will to solve the problem. Actions need to be taken sooner rather than later when demographic issues will make solutions far more difficult. As a geoscientist, I am also concerned about the world's energy future; as we reach peak cheap oil, we need to find viable long-term solutions to what will ultimately become a supply-demand imbalance.
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