The gap in between the rich and the poor has grown to historic levels. Never before have we seen so much wealth leave the middle class and find its way to the richest of the rich. The central bank policies are designed in a way to ensure their primary focus is to evaporate wealth from the middle class and siphon it towards the elite and mega corporations. Although we have seen a general rise in wealth of certain groups of people during the last decade, we will see the next financial crisis leave them back to where they started or potentially, worse off.
New York Fed Adds $108.95 Billion to Markets – WSJ
www.wsj.com/articles/new-york-fed-adds-108-95-billion-to-markets-11574864855
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www.zerohedge.com/s3/files/inline-images/bfmFB6D.jpg?itok=tvwWpO1O
Hong Kong Stock’s 78% Collapse Adds to Wave of Sudden Crashes – BNN Bloomberg
www.bnnbloomberg.ca/hong-kong-stock-s-78-collapse-adds-to-wave-of-sudden-crashes-1.1354062
buildings-are-seen-from-victoria-peak-at-night-in-hong-kong-china-on-wednesday-aug-28-2019-hong-kong-s-hotel-industry-is-struggling-with-a-collapse-in-bookings-after-thousands-of-protesters-shut-down-flights-from-the-territory-s-airport-in-an-escalation-of-months-of-clashes-with-police-photographer-paul-yeung-bloomberg.png (620×349)
Federal Debt Up $1.3 Trillion Since Last Thanksgiving; $10,137 Per Household | CNSNews
Gross Domestic Product | U.S. Bureau of Economic Analysis (BEA)
www.bea.gov/data/gdp/gross-domestic-product
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www.zerohedge.com/s3/files/inline-images/bfmFBD9.jpg?itok=BSAner1J
Beige Book–November 27, 2019
www.federalreserve.gov/monetarypolicy/files/BeigeBook_20191127.pdf
Cass Freight Index Report – October 2019.pdf
Audi strikes deal to cut 9,500 German jobs by 2025, shakes up leadership
www.autonews.com/automakers-suppliers/audi-cut-9500-german-jobs-2025-shakes-leadership
A.C. Moore store closings: All stores to shutter, some to be Michaels
Commercial Bank Interest Rate on Credit Card Plans, Accounts Assessed Interest (TERMCBCCINTNS) | FRED | St. Louis Fed
fred.stlouisfed.org/series/TERMCBCCINTNS
DNB’s gold stock – De Nederlandsche Bank
www.dnb.nl/en/payments/goud/index.jsp
Going to Court Without a Lawyer Is New Normal for U.S. Litigants – BNN Bloomberg
www.bnnbloomberg.ca/going-to-court-without-a-lawyer-is-new-normal-for-u-s-litigants-1.1352171
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