Mtg apps, China exports, Oil

by WARREN MOSLER Continuing to be negative year over year: Highlights Rising interest rates continue to dampen mortgage activity, with purchase applications for home mortgages falling a seasonally adjusted 2.3

Tucker: Mexico exports its serious problems to the United States. America is Mexico’s welfare state. Mexico a corrupt kleptocracy whose economy is based on oil, drugs, and remittances sent from its more functional northern neighbor….

Watch the latest video at “America has already taken in more than one-quarter of Mexico’s entire population, according to the Pew Research Center’s analysis of census data.” ―