Wednesday , 26 June 2019


Finance

If Greek Financial System Implodes the Rest Of Europe Will Soon Follow

The Greek financial system is in the process of totally imploding, and the rest of Europe will soon follow. Why? Because neither the Greeks nor the Germans are willing to give in, and that means: there is very little chance that a debt deal is going to happen by the end of June; we will likely see a major Greek debt default and, potentially, even a Greek exit from the eurozone and, if Greece does leave the euro, we are going to see financial carnage happen all over Europe.

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Average U.S. Individual & Household Incomes Surprisingly Low – Take A Look

For a consumption based economy asking “how much do Americans earn?” is a vital key to our long-term stability. Each household has a propensity to spend and the ability to consume is largely derived by income. Debt has made it easier for households to spend future wages but these two important reference points measure the health of total wages for households and that of individual workers.

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