Strange News Stories

Archive for the 'Debt' Category

Saturday, May 30th, 2009

American Debt

41% of American GDP is in Debt. Will it be 82% after 10 years? If you weren’t asleep at the wheel recently, you saw a big move up in mortgage rates from 5.03 to 5.3% range a few days ago. Today we received the US GDP report for the first quarter: negative 5.7%. Our GDP [...]

Wednesday, May 20th, 2009

Debt Depression

Can You Stay Out of Debt to Avoid Severe Depression? In our current times, debt has to be the greatest cause of depression on Americans face. Very few people in America are not in debt in one way or another. It’s our way of life. We grew up learning that debt was ok, and even [...]