China is home to the world’s biggest asset class and world’s largest debt bubble. Both are rotten and collapsing.

by Boo_Randy 🚨🚨 GRAY RHINO 🚨🚨 China is home to the world's biggest asset class and world's largest debt bubble. Both are rotten and collapsing. China's property crisis explained 👇👇https://t.co/FViENOzh2n — TheLastBearStanding (@LastBearStandng) July 15, 2022 China’s credit market is …

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Lebanon, Sri Lanka, Russia, Suriname and Zambia are already in default, Belarus is on the brink and at least another dozen are in the danger zone as rising borrowing costs, inflation and debt all stoke fears of economic collapse.

by BoatSurfer600 Source: https://www.reuters.com/markets/europe/big-default-dozen-countries-danger-zone-2022-07-15/ https://t.co/D429PYi7QV — Win Smart, CFA (@WinfieldSmart) July 16, 2022 Historic cascade of defaults coming for Emerging Markets. Sri Lanka, where protesters stormed presidential palace, was 1st nation to stop paying its bondholders. Russia followed in Jun. El …

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EU wants to ban Russian GOLD!

The European Union will ban Russian gold as part of its seventh sanctions package and seek to “close exit routes” for those bypassing its earlier restrictions, EU commissioner Maros Sefcovic said on Friday, according to the Associated Press. The EU will look …

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GDP NOW MINUS 1.5%. Recession!

Latest estimate: -1.5 percent — July 15, 2022 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2022 is -1.5 percent on July 15, down from -1.2 percent on July 8. After …

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VIDEO: 5.6 MILLION VIEWS: Leftists and Germans Mock and Laugh at Trump for Warning About German Reliance on Russian Energy, Who is Laughing Now?

Trump made some outrageous claims about German energy at the UN — and the German delegation’s reaction was priceless pic.twitter.com/izpa2fKC3B — NowThis Impact (@nowthisimpact) September 26, 2018 Germany discovering in real-time that you can print Euros but you can't print Watts. …

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Biden’s Limbo Rock! US Consumer Confidence Remains Depressed 51.1 With Inflation Ravaging Households, Housing Sentiment Even Worse At 45 (Biden Approval At 38.1%)

by confoundedinterest17 How low will consumer sentiment (and Biden’s approval ratings) go? This is Biden’s limbo rock. One measure of how bad things are in the US for the middle-class and low-wager workers ix consumer sentiment from University of Michigan. The latest …

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