The Debt Black Hole Claims Another Victim
The quantitative easing program that ultimately created nearly $5 trillion out of thin air. Meanwhile, millions of Americans were out of work and stuck in their homes. To relieve some…
Strong Black Friday Sales Sucked Into the Debt Black Hole
It appears the holiday shopping season is being sucked into credit card spending has slowed. This likely reflects growing stress on consumers and the fact that many have run up…
Black Friday Has Taken Over The Calendar
Host Mike Maharrey opens this Midweek Memo by joking that every day is Black Friday now. The episode drops on a Wednesday, yet he insists yesterday was Black Friday, tomorrow…
