thestatedtruth.com | March 12, 2012

Hmm…This one’s easy, it’s student loans!  Just a freckle short of a trillion dollars!

Category: Charts and Graphs, Commentary, Education and Schooling | 21 Comments »
Tags: Credit, Loans, Name That Bubble

thestatedtruth.com | February 7, 2012

So…the consumer confidence level is soaring right along with the consumer debt, and the savings rate is plunging.  Now we understand why the Federal reserve has been so worried lately.  The worry is that this consumer spending binge is totally unsustainable and likely to burn out soon! A report from the Labor Department today also showed there […]

Category: Charts and Graphs, Commentary, Economy, National News, Wall Street | 3,906 Comments »
Tags: consumer credit, Credit, debt, Revolving Credit

thestatedtruth.com | November 7, 2011

The entire consumer credit growth is from auto loans and student loans, while revolving credit dropped…Student loans have been a growth business, but at what expense? A whole student generation is hopelessly buried.  Truly buried like no other generation ever! So… just where did this consumer credit in 2011 come from?  Well, of the $32 billion in credit […]

Category: Commentary, Economy, Finance, National News, Personal Net Worth, Wall Street | 44 Comments »
Tags: consumer credit, Credit, New Loans, Student Loans

thestatedtruth.com | October 6, 2011

IMF Advisor Robert Shapiro comments on the European financial crisis: “In The Absence Of A Credible Plan We Will Have A Global Financial Meltdown In Two To Three Weeks” Rest assured this is unlikely to happen, because it’s a game of dominoes. Once the first one goes down, they all go down!  And da boys in Europe […]

Category: Commentary, Economy, National News, Wall Street, World News | 49 Comments »
Tags: banks, Credit, European Dominoes, Sovereign Debt, World Debt Problem