Kerry Lutz's--Financial Survival Network

Hey Bernie, It's 'Medicare For All' That Would Be 'Cruel' And 'Dysfunctional'

During last week's Democratic presidential debate, Sen. Bernie Sanders called the current U.S. healthcare system "dysfunctional" and "cruel." Words like that are more appropriate descriptors of the government-run healthcare systems abroad that Sanders would like to import to the United States. NOTE: President Trump shared this article on Facebook. It was also shared by his official campaign Twitter and Facebook page, as well as by Kayleigh McEnany, the National Press Secretary for his 2020 reelection campaign.

CLO (collateralized loan obligation) markets starting to tank. Market for risky corporate debt is softening and turning to real junk. Even the WSJ ran a story about people going even further into debt. There's ever more underwater car loans because of negative equity in the consumer's current auto. By rolling over the balance into a new loan, they’re effectively paying interest on interest. How can all of this end well for the country or the consumer?