Category: ECONOMY

Elephant in the room: student loans reach $1.5 TRILLION

student loans

Whenever I bring up student loans with a co-worker or friends they get a sad look on their face, like they’re f***ed. Most will be f***ed their whole life because they can’t manage debt properly and that 10-year student loan will turn out to be a 30-year mortgage. Unfortunately, there are 44 million people with student loans (30-year mortgages) that total a whopping $1.5 trillion according to this Forbes report.

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Cord cutting continues as consumers cut cable in record numbers

cord cutting

More bad news for the network liars. According to this Fortune report, more and more people are cord cutting forcing companies like AT&T and Comcast to raise their rates.

The rate of consumers dropping their cable and satellite TV packages hit the highest level ever in the last three months of 2018. And for the first time in a few years, the losses weren’t more than offset by people signing up for Internet TV subscriptions.

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Will Tesla become the next Amazon?

Tesla

I ran across an interesting article at cnbc.com that claims Tesla is the next Amazon. This is one of those times I wish I had some “f*ck you” money lying around to invest. Elon Musk, in my opinion, is an enigma. He’s an entertaining CEO who is willing to give the establishment the middle finger. Even more important is the fact that Musk is a disrupter, something the legacy media and corporations despise.

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Philadelphia vetoes CASH ban…retailers must accept greenbacks

cash

A small win in the war on cash.  According to this USA Today report Philly businesses will no longer be able to ban cash.

To retailers who say ‘no cash,’ Philadelphia’s city council is saying no dice.

Philadelphia’s city council voted Thursday to require most local businesses to accept cash as payment, pushing back on a growing trend in which restaurants and retailers accept credit and debit cards only.

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Worst retail sales drop in 9 years is ‘every bit as bad as it looks’

retail sales

More bad news for retail. According to this Yahoo report retail sales dropped 1.2% month-over-month in December, the largest drop since September 2009, according to data from the Census Bureau.

The retail sector took a blow in the final month of 2018, adding to a list of consumer economic casualties amid year-end turmoil in the financial markets and a protracted U.S. government shutdown.

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Top 50 US Office Deals of 2017: Chinese Clampdown Makes Way for South Korean Buyers

One year ago, we did a round-up of the 50 largest office sales to close in the U.S. during 2016. Our analysis showed a slight slowdown in office sales activity compared to the previous year, but buyer interest remained strong. In keeping with tradition, we’re doing the same thing this year, to see if that interest waned during 2017.

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Welcome to BALTIMORE: America’s Inner City Hellhole

Long ago Baltimore was once considered the place to be on the east coast. The city was vibrant due to a busy port and an abundance of manufacturing jobs; now you can’t find a single fortune 500 company in Baltimore, let alone the greater Baltimore region.

 

I often joke with my wife that she is the only good thing that has come out of Baltimore in the last 30 years. She grew up in Towson, a suburb right outside of the City, and when we go back to visit her family even she has trouble believing what has become of her hometown.

A ride through Baltimore usually consists of locking your doors, rolling up your windows and having your head on a 360-degree swivel. Baltimore faces the same challenges as many other inner cities: rotting infrastructure, thousands of abandoned homes, potholes that haven’t been fixed in almost a decade, and trash littered everywhere on the side of the road. These are just the basic things your tax dollars should be taking care of. On the flip side, Baltimore has more pressing problems like a skyrocketing murder rate, a  police force that’s gone rogue, a heroin and opioid epidemic that is ruining the city, violent street gangs, a school system that is failing to teach kids the basic like reading and math, economic woes and a city Government that is always involved in a scandal.

I’m no Republican, but isn’t it ironic that most inner city S***holes a mismanaged by Democrats?

If you want to get a feel for Baltimore, look at some of these insane videos that showcase the highlights of a fallen city.

If those video’s don’t do it for you just read some of these headlines from the past year. One has to wonder how much further can Baltimore sink?

The police department has officially gone rogue and turned into a band of armed thugs who are just as bad as the criminals.

Crime is spiraling out of control.

The heroin and opioid epidemic has reached crisis level.

Judges and Politicians are 100% of the problem in Baltimore, the city has a long history of corruption.

Baltimore City schools are an epic failure.

Baltimore’s economic woes.

P/C YOUTUBE SCREENSHOT


Thomas Dishaw is the editor and creator of Govtslaves.com. You can follow Gov’t Slaves on TwitterFacebook and GAB or contact us by email at govtslaves@protonmail.com. 

This article is Creative Commons and can be republished in full with attribution. You can also view my catalog of  writings at Naturalnews.com.