The Great Depression was the most severe economic depression ever experienced by the Western world. It was also the most famous case of deflation. Read more
Banks collapsed, and millions were out of work. This infographic, part 2 of 2, details the extent of The Great Depression as well as the deflationary cycle. Read more
Today, credit cards are a key source of profits for big banks. But, it wasn’t always this way – the history of credit cards shows things were much different. Read more
April was a record-setting month for bankruptcies in the oil patch. We put the 11 bankruptcies and $15 billion of outstanding debt in context. Read more
No one knows the size of China’s debt bomb. Here we look at estimates of the payload as well as what could potentially ignite the fuse. Read more
How do millennials spend their discretionary income in comparison to other groups? We dive into the latest survey results on millennial spending habits. Read more
What’s happened to the higher education market? Student loan debt has mounted to $1.3 trillion, and now student loan delinquencies have skyrocketed. Read more
Despite the potential negative economic consequences, there is one reason a Brexit makes sense: non-performing loans and Europe’s troubled banking sector. Read more
Millennials are off to a slow start with mounting student debt and low savings, but they may eventually be the most entrepreneurial generation of all time. Read more