marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
mortgage
10/09/2020
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By Ramon Tomey
Coronavirus pandemic lockdowns worsen the “debt mountain” problem of the American middle class, which is being deliberately CRUSHED
Forty-three-year old Alysse Hopkins and her husband Ian Boschen earned a comfortable living in the suburbs of New York City. Their combined income of $175,000 covered the mortgage, two car leases, student loans, credit cards and the expense of raising two daughters. But Hopkins’ work as a lawyer representing clients in foreclosure cases and personal […]
04/07/2020
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By Franz Walker
Debt-ridden millennials are vulnerable to the economic crisis from the coronavirus outbreak
While often thought of as mostly affecting older generations such as baby boomers, the ongoing coronavirus outbreak looks to bring consequences for millennials. Studies are showing that the latter generation is much more vulnerable to the economic halt caused by measures to slow the outbreak. “Even going into this situation, young adults were in a very precarious […]
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