The world is on the verge of a new global crisis that will occur within the next two years and will be worse than the Great Depression, as global debt has already exceeded $ 247 trillion. Financial analysts warn about this, writes the Daily Mail. Experts note that ...
Billionaire hedge fund manager Ray Dalio predicted that the US economy would decline in two years. As President Donald Trump's tax cuts begin to take effect in about 18 months, the combination of rising interest rates and rising retirement and health care costs will ...
Despite the growing economy, many Americans are finding it harder to pay their credit card bills, industry observers say. In addition, an increasing number of people who bought a car on credit are also asking to extend the payment of payments over time. These trends are plaguing industry experts ...
According to analysts at JPMorgan Chase & Co., if a recession is looming, it is better to own the Swiss franc, Singapore dollar, US dollar and Japanese yen, as well as get rid of emerging market currencies. “A recession is when creditors may ask for their money back, -...
The state of global markets today is reminiscent of the situation in 1997-1998, when the global financial crisis broke out, warn experts from the largest private US banking group, Bank of America. “Strong US growth, flattening bond yield curves, contracting emerging market markets are all reminiscent of...
Niall Ferguson, the renowned historian who predicted the 2008 financial crisis, warned of a new threat to the economy, the Observer writes. In June 2006, he warned that “over the next two years, monthly payments on $ 600 billion in mortgage loans withdrawn by borrowers ...
American households' debt has surpassed a record high in 2008, a milestone for the recovery and shows that consumers are taking out loans again. But while debt falls short of the risks that hit the financial system 9 years ago, everyone ...
Once upon a time, the value of a million dollar home was something of an outrage. Nowadays, such a price in an ad is no longer a surprise. The number of homes worth a million dollars or more in the United States increased from 1,6% in 2012 to 3% in ...
The victory of Donald Trump in the US presidential election surprised Californians very much because the inhabitants of this state do not know in what conditions the rest of the country lives, and that many Americans who voted for the Republican candidate are afraid of losing their jobs due to the emergence of new technologies. ...
The Russian Foreign Ministry, in a special statement on Thursday, recommended that Russians who are in Turkey for personal purposes leave this country. In addition, the department proposed to refrain from visiting the Republic of Turkey. This was followed by the recommendation of the Federal Tourism Agency to suspend the sale of tours in the Turkish direction, which is why the leading Russian ...