Economy / Finance

Global Economy Insights: Spike in Defaults, Market Approaches Danger Zone, Economic Storm Incoming, Stocks are Falling


This compilation of financial-related insights includes videos from Reventure Consulting, Dr. Scott Young, Steven Van Metre, David Lin, and The Atlantis Report. Reventure Consulting’s recent analysis highlights a troubling trend in America’s financial landscape. The Federal Reserve’s latest study indicates that credit card default rates have reached unprecedented levels, even eclipsing the defaults witnessed during the 2008 financial crisis. This surge is particularly concerning among consumers using cards issued by major banks like Discover, Wells Fargo, JP Morgan, and Bank of America, where default rates have skyrocketed by over 100% in the past two years. These alarming statistics serve as…

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