NOT SINCE 1937…

…Has the tightened into such weakness. Household balance drops to a level not seen since 1952 (except 1998-2008). Non-financial businesses basically at zero as well. Via

Still can’t square this circle. Strange move in interbank lending, reminiscent of 2008. Please discuss….

did a hell of a job with those “too big to fail” banks.

 
Richard Duncan Warns on a Liquidity Index Crash

Today Guest Richard Duncan concerned that liquidity index will plummet. Trade War could lead us to severe recession.

Can China’s massive borrowing save the world? What Will Float The Asset Boat When The Easy Money Tide Goes Out?

 

h/t @OccupyWisdom