Credit is an addiction the likes of heroin. If debt is the currency of slaves then we are already in chains. June 8, 2022 10:20 am
Jeremiah Babe – Credit Cards Keep The Consumer Alive – Car Lots Are Dead – Home Prices Falling Fast – Home Sales Drop May 29, 2022 12:01 pm
Never seen a leverage like this on credit card.. the consumer is ‘super strong’… In 2020 insider sold the top and in april 2020 they bought the bottom.. now they did the same thing May 8, 2022 8:32 amMay 7, 2022 7:49 am
Watch this video on the China Social Credit System. But of course, this will never happen here…. May 6, 2022 4:06 pm
Equity market wont get really hurt until credit markets (high yield) demand more QE and Powell refuses. Junk is currently closed to new issuance. That suggests July we gets real. We are 7 times more leveraged than we were in 2008. Crisis to Crisis . May 5, 2022 10:14 am
The credit market is cracking – the CCC yield spread is increasing rapidly… and the Fed is only just tightening!! They won’t until demand destruction occurs May 3, 2022 3:44 pm
Once again, credit leads equities – high yield has been leaking (wider spreads, higher yields, risk off) for weeks while stocks marched higher – listen to credit. April 30, 2022 11:27 am
New Social Credit System In Italy Could Lead To ‘Serious Violations Of Rights’ April 23, 2022 11:34 am
Italy could become the first EU nation with a social credit score April 24, 2022 8:51 amApril 22, 2022 2:35 pm
