The Global Economic Collapse Will Destroy the Middle Class! The Fed Set the Trap.

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

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www.bnnbloomberg.ca/polopoly_fs/1.1354063.1574832232!/fileimage/httpImage/image.png_gen/derivatives/landscape_620/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

Federal Debt Up $1.3 Trillion Since Last Thanksgiving; $10,137 Per Household | CNSNews

www.cnsnews.com/article/washington/terence-p-jeffrey/federal-debt-13-trillion-last-thanksgiving-10137-household

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

www.cassinfo.com/hubfs/Freight%20Payment%20/Transportation%20Indexes/Cass%20Freight%20Index/Reports/Cass%20Freight%20Index%20Report%20-%20October%202019.pdf?hsCtaTracking=5fde9be4-1dd0-462f-8c5f-b100aca52fc1%7C0990f099-885d-442a-972a-aeb259c5a188

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

www.usatoday.com/story/money/2019/11/25/a-c-moore-store-closings-all-stores-shutter-some-michaels/4303313002/

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

Daily Job Cuts – Layoffs, Job Layoffs List 2019 / 2018 , News , Bankruptcy, Store closings, Business Economy News

www.dailyjobcuts.com/