Have you heard the phrase “credit crunch” a lot lately? Many people are worried because officials at the Federal Reserve aren’t sure if it will cause one and news outlets are warning about how it will affect the economy. But what exactly is a credit...
RTD News keeps you up to date on what’s happening around the globe. Thanks for watching this important update, “(Student Loans) Black Americans Twice As Likely To Default”. Visit https://www.rethinkingthedollar.com/dollarcation/ for more information...
The shock wave unleashed in China on January 23 is about to hit the U.S. economy and shatter everything that is fragile and fantasy, starting with the U.S. stock market. The shock wave is still reverberating through the vulnerable Chinese economy, toppling all...
Fed Repos Have Plowed $6.6 Trillion to Wall Street in Four Months; That’s 34% of Its Feeding Tube During Epic Financial Crash According to the data made available on the public website of the New York Fed, since September 17, 2019 it has funneled a...
One of the lasting legacies of the economic collapse a decade ago is subprime. After lying dormant for several years in the aftermath of the Great Recession, the subprime market has returned with a vengeance. Everything is subprime nowadays, as banks,...