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(Total Views: 58)
Posted On: 03/21/2017 9:43:18 AM
Post# of 5789
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Posted By: wowhappens28
Re: SaltyMutt #3749
Kunstler is good. The US debt is only one problem with debt. College loans, auto loans, credit card debt are massive as well and retail sales suffering is a sign that the people are maxed out as well as uncle sugar. Yes, we have seen scare stories like forever, but the figures have never been this bad.

Salty, your other Kunstler article stated how banking was 5% of the economy in 1950 and now 40 % I have never seen before. WOW and scary. If the banking industry has a crisis, many jobs will be lost there besides all the industrial jobs and retail?

https://www.youtube.com/watch?v=A1NAompB1MI&t=729s

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