Posts Tagged ‘answer’

  • Despite the long bull market, more Americans today have more debt than money in the bank than at any point since 1962, according to Deutsche Bank.
  • American household savings levels are at levels last seen in December 2007… right before the economy slipped into a recession that spurred the global financial crisis.
  • And total U.S. consumer debt – credit cards, auto loans, and student loans – just surged by the most in two years to $3.8 trillion.
  • And government debt is creeping toward a $1 trillion deficit per year. The national debt has topped $20 trillion.

 

If these folks can’t save or make their payments in a strong economy… how will they do it when interest rates go up and the next inevitable recession hits?

The answer is that they won’t.

-Steve Longenecker

No Answer

Posted: September 17, 2017 in Thought for the Day
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“Never ask why? There is never an answer to why?” -James Altucher

Known Answer

Posted: April 27, 2017 in Thought for the Day
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“Advice is what we ask for when we already know the answer but wish we didn’t.” -Erica Jong

Always Ask

Posted: April 12, 2017 in Thought for the Day
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“Our heart always knows the answer when we gain the courage to even ask.” –Lynn Reilly